FreightWaves SONAR

MARCH 23, 2021

Companies in the over-the-road trucking industry constantly strive to boost efficiency. Recognize market volatility trends and their impact on replenishment lead time Another beneficial action to boost efficiency with freight management comes from the recognition of market volatility trends. Request a SONAR Demo.

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FreightWaves SONAR

FEBRUARY 10, 2021

Those who find themselves unable to keep up with modern trends often fall by the wayside, making the use of these innovative technologies even more crucial. How carriers create data-driven pricing strategies. Measuring the health of the trucking business through analytics-based benchmarking. . Request a SONAR Demo.

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Locus

MAY 4, 2022

Despite all these strong digitalization trends, there is one intense, on-ground task that we have not covered: delivering consumer packaged goods (CPG) from manufacturing plants to the hundreds, if not thousands of retail stores and outlets. Often, you have an extensive network of distribution centers and a large fleet of trucks.

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FreightWaves SONAR

JANUARY 7, 2021

And autonomous trucking logistics offers more value via management by exception and making profit-driving decisions for all incoming tenders. And while autonomous trucking logistics are believed to be the end-all solution for most, they may fall short of meaningful improvements. Poor tender acceptance strategies. Empty miles.

Supply Chain Software 52

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FreightWaves SONAR

FEBRUARY 8, 2021

Figuring out the best strategy for managing fleet assets can be difficult at best. But again, there are factors that disrupt this otherwise standard trucking RFP process. And a failure to ensure trucking capacity availability within one market will have a resounding effect on allocation strategies of a trucking fleet’s assets.

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FreightWaves SONAR

MARCH 2, 2021

Poor net revenue per truck ( NETREV ) in the fleet. . True transportation cost analysis goes well beyond benchmarking to analyze, monitor and forecast trends that can be used to the shipper’s advantage. A trend that continues among shippers nationwide is better monitoring and utilization of analysis within the supply chain.

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FreightWaves SONAR

FEBRUARY 25, 2021

The fact remains that within freight transportation protocol, trucking capacity is finite. This factor plays into net revenue per truck per week as well. REVENUE PER DRIVER PER WEEK (DRVREV) – The profits earned per truck each week remains a crucial piece of data for fleet management.

Negotiating Skills 92

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FreightWaves SONAR

MARCH 3, 2021

FreightWaves scientific rates are predicting a return to a slow downward trend after the impacts of the past month’s winter storms recede. The winter weather events of early 2021 have aided in keeping spot rates elevated through what is normally a slow season for trucking. Trucking rates have been on a roller coaster since 2016.

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FreightWaves SONAR

JULY 24, 2023

Without excellent and clear communication, these trends will not be identified and acted upon until it is too late. Keeping costs under control should be a proactive, not reactive strategy, especially during an unprecedented time of transition and reopening ahead of peak season.

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Locus

JUNE 16, 2023

Fuel costs: Last-mile fuel costs require careful management as they make up 25% of a truck’s operational costs over volatile price fluctuations. A recent analysis by the American Trucking Associations (ATA) indicates that if existing trends persist, we could see a potential driver shortage reaching up to 175,000 by 2024.

Cost Reduction 98

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FreightWaves SONAR

MARCH 22, 2021

And as reported by Supply Chain 24/7 , “Leveraging technology, shippers are able to see regional trends and specific lane cost information, as well as driver preferences, while carriers have access to details like loading/unloading times and lane history data.” Request a SONAR Demo. Request a SONAR SCI Demo.

Data 98

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FreightWaves SONAR

JANUARY 26, 2021

Supply chain leaders continue to focus their efforts on finding the right mix of assets used, market positioning and carrier freight pricing strategies. Yes, there is the balancing of palletized shipments into full truckload shipments to ensure a truck is loaded properly. Request a SONAR Demo. Defining freight load balancing.

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FreightWaves SONAR

FEBRUARY 1, 2021

One of the significant issues for any truck driver appears in the form of empty miles. Part of this requires an understanding of which shipping trends are being utilized by other carriers. By utilizing these benchmarking metrics, carriers find themselves better equipped to recognize which strategies will best benefit their business.

Data 76

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TransAudit

DECEMBER 14, 2022

Learning more about fuel costs and shipping will give you a better understanding of what’s going on and equip you with some strategies to help. Whether your shipments are going by truck, rail, airplane, or ship, you can expect fuel prices to affect your bottom line. When gas prices rise, the per-mile cost of operating trucks goes up.

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FreightWaves SONAR

FEBRUARY 2, 2021

The state of logistics in 2021 continues to undergo transformation and disruption (continued from 2020), and while companies are looking for new logistics strategies to stay proactive, there comes a point at which supply chain leaders need a simple, fast way to view market conditions. These factors are further seen in top-industry trends.

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The Logistics of Logistics

JUNE 23, 2022

Retail delivery solutions continue to change to keep up with market trends. The Last-Mile Needs a Sustainable-First Strategy. One rising trend is the continued focus on pharmaceutical and other temperature-controlled freight transportation. The Last-Mile in Retail Is More Costly Than Any Other Mode.

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FreightWaves SONAR

FEBRUARY 24, 2021

What’s driving the change in ocean shipping and how does SONAR help shippers see the trends The import boom appears far from over, and it will have implications long after this wave of unprecedented orders subsides. Request a FreightWaves SONAR demo by clicking the button below to get started. Request a SONAR Demo.

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FreightWaves SONAR

NOVEMBER 19, 2020

Without supply chain visibility, a retailer cannot realistically move freight to other markets to take advantage of trucking capacity. Yes, AI and machine learning build on algorithms to isolate historical trends and derive a likely transportation rate. And the past data trends are obsolete and rapidly becoming more so.

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FreightWaves SONAR

JANUARY 25, 2021

And the overall industry trucking trends imply an absolute need to grow more strategically. According to FleetOwner , “ trucking companies must go where the data leads them, not where they think it is going to lead them. Click the button below to request a FreightWaves SONAR demo. Request a SONAR Demo.

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FreightWaves SONAR

JANUARY 12, 2021

As demand for e-commerce accelerated, notes John Koetsier of Forbes , trucking carriers gained extreme favor in pricing power. Unfortunately, that favor, while general, doesn’t always apply to every one of the 135 trucking markets in the U.S. A successful freight pricing strategy is not as simple as it sounds. Think about it.

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FreightWaves SONAR

NOVEMBER 17, 2020

Part of that strategy lies in using the right transportation data, analysis and insightful reports, such as those provided within FreightWaves SONAR, to guide day-to-day operations. Up to 70% of all OTR trucking in the U.S. Outbound/Inbound Tender Rejection Indices to understand market trends and rates. Request a SONAR Demo.

Data 52

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FreightWaves SONAR

DECEMBER 10, 2020

Freight management teams spend many resources responding to delays, issues, customer needs, data and marketing trends and shifting conditions with supply and demand. Using historical data, freight managers can identify when more inventory, human resources, trucks and revenue may be needed. Request a SONAR Demo.

Supply Chain Planning Software 52

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FreightWaves SONAR

MARCH 5, 2021

Shippers will not be willing to accept a lack of trucking capacity or last-minute price changes in an industry that is becoming more transparent. With the port congestion issues we have been dealing with in LA, and the lack of outbound and inbound shipments in Dallas due to recent weather trends, these signals are not surprising. .

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Locus

MARCH 27, 2024

Mix it up with omnichannel Omnichannel retailing , the strategy that integrates all shopping channels like online or in-store isn’t just a buzzword—it’s a cost-saving revolution for retail businesses. In essence, omnichannel strategies turn logistical challenges into advantages, making deliveries more efficient and cost-effective.

Cost Reduction 52

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FreightWaves SONAR

MARCH 15, 2021

This lane-level intelligence provides insight into specific markets, origin/destination stability and contracted rates to inform both short-term and long-term (annual) trucking RFPs , freight network optimization decisions and more. Knowing the trends of the lanes can help widen their margins. . Request a SONAR Demo.

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FreightWaves SONAR

DECEMBER 16, 2020

It also shows your prospect that you keep on top of industry trends. . #3: Speaking of keeping on top of trends, using freight market data is another attention grabber that is not as always evident in the list of freight broker sales tips. Request a SONAR Demo. 3: Freight data. 5: Conferences . 7: Social media.

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FreightWaves SONAR

APRIL 29, 2021

That has also increased the pressure on retailers to keep other freight and logistics costs low with more capital and expense being dedicated to the development of new omnichannel strategies. . Pressure to develop an omnichannel strategy with strong customer service levels. Identify surface transportation trends being driven by U.S.

Negotiating Skills 52

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FreightWaves SONAR

JANUARY 19, 2021

Operational trucking charges and costs are nothing new. They derive from a confluence of factors, including truck industry volatility. To that end, here are the top steps for carriers to get more from their fleets and proactively manage operational trucking costs. But how can a trucking company achieve this goal?

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Talking Logistics

DECEMBER 1, 2017

Tesla Truck gets DHL order as shippers test Semi (Reuters). The looming question is what will happen to trucking capacity, rates, and productivity once the electronic logging devices (ELD) mandate starts getting enforced on December 18, and longer term, can our ports and other transportation infrastructure handle the growth?

Supply Chain Planning Software 0

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FreightWaves SONAR

JANUARY 19, 2021

And now is also the time when carriers typically start thinking about what new rates to ask for in trucking RFP bids or when working with more freight brokerages. Broad market assumptions are great for broad strategies, but as everyone knows, the supply chain is rarely that simple. Request a SONAR Demo.

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FreightWaves SONAR

APRIL 13, 2021

While most people think of fleets of trucks when they think about the supply chain network, another mode can be even more vital. Even orders that reach their final destination by truck may very well have first traveled on a cargo ship, sailing across an ocean. Request a SONAR Demo. Request a SONAR SCI Demo.

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Blue Grace Logistics

JANUARY 10, 2023

Making the switch from truckload to LTL is a market trend worth considering as the popularity of online shopping continues and consumer service demands intensify, there is a chance that more shippers will consider making this type of shift in the short term. Shippers have choices when creating their LTL strategy and selecting providers.

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FreightWaves SONAR

MARCH 24, 2021

One of the best strategies of risk management is diversification of assets or revenue drivers. Brokerage leaders are turning to this strategy for their freight business. You see examples of this strategy in large brokerages today. XPO Logistics strategy has attacked diversity harder in the last few years.

Freight 72

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Locus

MARCH 4, 2024

By integrating TMS into their operations, retailers can not only improve efficiency but also drive innovation and make data-informed decisions that enhance their overall supply chain strategy. This allows retailers to get the most of each truck/fleet, all the while making sure none of the return pickups are hurting existing delivery SLAs.

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Locus

OCTOBER 16, 2022

Imagine you are a laundry service business and your trucks deliver orders from point A (laundry shop) to point B (customer doorstep). Schedule a Demo Now. With advanced analytical insights from fleet tracking software , you can identify the patterns and trends leading to returns and rectify them. Schedule a Demo.

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Talking Logistics

OCTOBER 6, 2017

to maintain cross-border truck program (FleetOwner). Move over driverless trucks, make way for flying taxis and autonomous ships and trains. MecuryGate provided an extensive demo of the solution at its user conference, so I was able to see it firsthand. ATA urges U.S. Check out the links above for more details.

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FreightWaves SONAR

JANUARY 15, 2021

And the trucking trends will reflect both the hope for a return of normalcy and the reality of some new, permanent shifts in the industry. With that in mind, it’s important to realize that carriers can use the top 10 trucking trends to find a long-term value-prop coming out of the most in-demand periods for carriers in history.

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