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Those that held on in 2020 continue to face obstacles as recovery begins. Where a supply chain is weak, analysis and advisory teams can fill in the gaps – seeing the correlations between data points and real-time load operations and profits highlights potential problem areas. And there remain significant problems within the industry.
Surviving the tumultuous year of 2020 represented the most critical challenge shipping leaders had to face in years. Now more than ever, shippers need to find innovative ways to make the most of real-time freight data and analysis. Sometimes data analysis needs to be refocused and fine-tuned. Request a SONAR Demo.
With that in mind, the trucking RFP has come into play as a more significant undertaking for 2021 contracts as the freight market saw volatility in 2020 on the spot market due to historic tender rejections and volumes adding to increased prices. Shippers and carriers have taken a beating throughout 2020. Request a SONAR Demo.
As the industry struggles to recover from the unprecedented global events of 2020, recognizing budget limitations is essential for industry growth and success. Learn more about how your company can achieve those goals by requesting a SONAR demo online today.
Agile freight management is another go-to supply chain execution strategy Throughout 2020 the value of adaptability and flexibility within logistics was proven. Throughout the years to come, accurate data analysis will remain essential for effective truckload shipping. Request a SONAR Demo.
It was predicted the industry would be down approximately 200,000 drivers by the end of 2020. There just are not enough drivers to maintain the amount of freight that needs to ship, especially since the pandemic hit in early 2020. Request a FreightWaves SONAR demo to get started by clicking the button below.
from 2020 to 2027.” Improved predictive analysis and projection with logistics automation data and insights. Logistics automation and real-time data analysis make this kind of insight possible. Real-time data, automated analysis and data-sharing remain essential to continued success and growth for all enterprise shippers.
In other words, a lack of insight into market-by-market and lane-by-lane analysis will amount to trouble in understanding what is going wrong and what is necessary to improve service levels. As seen in recent months and spring 2020, the market can shift in direct response to significant economic influences and other concerns.
But without a doubt 2020 was a significant game-changer for the freight load industry. The best and only successful way to overcome flawed data analysis is to use effective technology. Making the most of freight management and data analysis services will represent a key focus in the years ahead. Request a SONAR Demo.
Unfortunately, ocean shipments data is rarely easily accessible or available for analysis by enterprise shippers. Even more importantly, the lack of analysis surrounding ocean import data makes planning drayage moves even more troublesome. Get started by requesting a FreightWaves SONAR demo via the button below. .
The Japanese automation solutions provider has recently announced a new US demo space to showcase the capabilities of its flexible robotic fleet solutions and the flagship 30×30 ft facility is located in the Indiana IoT Lab, in Fishers, Indiana. Having secured Series A funding worth $10.7
In today’s world, a delay in data processing and analysis will lead to massive opportunities for overlooked industry dynamics. Obviously, during periods of high-demand, as seen throughout 2020, carriers are likely to take and accept as many loads as possible. Request a FreightWaves SONAR demo by clicking the button below to learn more.
ABC analysis is a good inventory control technique to segment your warehouse stock based on the value it brings to the company. ABC analysis, will help with this. For more information on how your inventory control practices could benefit from EazyStock, or to book a demo, please get in touch. Schedule a Demo.
from 2020 to 2027.” Improved predictive analysis and projection with logistics automation data and insights. Logistics automation and real-time data analysis make this kind of insight possible. Real-time data, automated analysis and data-sharing remain essential to continued success and growth for all enterprise shippers.
According to the BLS, the median annual wage for heavy and tractor-trailer truck drivers was $47,130 in May 2020, with many companies offering bonuses and incentives to attract drivers. For more information, feel free to contact us or schedule a demo of RouteManager to see how our solutions can help address driver availability challenges.
In this article, you learn what are the various reefer freight data indices available in SONAR, who in the freight market relies on these indices, what the indices tell freight market participants, and real-world scenario analysis of using SONAR refrigerated shipping indices to better understand the freight market. Request a SONAR Demo.
The Dude, Michael Vincent, a long-time freight veteran rounds out Dooner’s high energy with witty one liners and makes you stay with the substance the Dude brings in his analysis of freight markets utilizing the freight forecasting platform, SONAR, to give listeners and viewers clarity to volatile freight markets. Request a SONAR Demo.
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. Instantaneous analysis. Request a SONAR Demo.
The rates for road transportation within the United States have experienced a roughly 23% increase since the year 2020. Explore Supply Chain Apps Our Team is always open to providing you with a custom demo, covering the topics you wish, and showcasing the possibilities of our solutions based on your use case.
According to Dell’s Digital Transformation Index 2020, 89% of the 4000 surveyed business leaders stated that the pandemic highlighted the need for a more agile and scalable digital environment. The analysis is intended to highlight key areas that don’t yet provide the desired customer experience. Want a free BlueShip Demo?
According to Dell’s Digital Transformation Index 2020, 89% of the 4000 surveyed business leaders stated that the pandemic highlighted the need for a more agile and scalable digital environment. The analysis is intended to highlight key areas that don’t yet provide the desired customer experience. Want a free BlueShip Demo?
According to Dell’s Digital Transformation Index 2020, 89% of the 4000 surveyed business leaders stated that the pandemic highlighted the need for a more agile and scalable digital environment. The analysis is intended to highlight key areas that don’t yet provide the desired customer experience. Want a free BlueShip Demo?
The data used in this analysis comes to FreightWaves from a transaction processor. . The transactions in this data set all took place in 2020, and multiple household-name consumer goods shippers are aggregated into a hypothetical “Shipper X.” Request a SONAR Demo. Whether Shipper X is already utilizing intermodal in the lane.
Logistics management utilizes advanced technology and data analysis to optimize logistics processes and enable informed decision-making. between 2020 and 2027. Schedule a Demo References: [link] [link] [link] The post The Role of Logistics Management in Optimizing Supply Chain Operations appeared first on Locus Blog.
How freight market experts used USLDR index & FUELS to measure market volatility In late 2020, SONAR freight market expert Zach Strickland used the ULSDR data index in conjunction with FUELS to gauge the volatility of the diesel fuel price market. Get a demo of SONAR to see what the platform can do for you. Request a SONAR Demo.
For example, as seen in scenario A1, the global unconstrained demand for air cargo will fall by 14% of pre-crisis volumes in the second quarter of 2020 and will not rebound to 2019 levels until around mid-2022.” When planning for the future, industry players should thus use insights from commodity-based modeling. appeared first on SONAR.
trillion in 2020 is over 5 times that of the B2C market. The data analysis enables them to track inefficiencies and areas where they incurred high and unnecessary costs and rectify them. Reach out to Locus for a demo now! In 2023, an estimated 17 % of B2B sales are expected to be generated digitally. After digitalization.
So even though the year has brought more challenges to our forward budgets and forecasts than any in recent memory (well, other than 2020), we’ve compiled this list of 7 MAJOR TIPS to help you make the most out of Black Friday and Cyber Monday. #1 1 Plan Ahead… Way Ahead. Part 1: Ecommerce Peak Season Problems and Solutions.
– The future of the last-mile ecosystem, World Economic Forum 2020. Schedule a Demo References: [link] [link] [link] [link] The post 5 Signs You Need Advanced Supply Chain Analytics to Make Better Last-Mile Decisions appeared first on Locus Blog. This increase in delivery vehicles will increase congestion by 21%.
The range we use in the analysis below is the assumption that transportation costs range from 1% to 5% of retailers’ cost of sales. . Request a SONAR Demo. Request a SONAR SCI Demo. The charts above are intended to highlight the importance that reducing freight costs can have on a large retail chain.
The full article is below: On July 7, 2020, Freightera, North America’s rapidly growing online freight marketplace, announced the enhancement of its popular free platform with value-added paid memberships and a rewards program. Shipment analysis and optimization. Priority handling • Shipping labels. API integration. 249 / month.
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