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The freight transportation industry has always been slow to adopt new advances in tools, software and automation. Maximizing asset utilization will remain key in 2021. Fill out the Form Below to Access a COPY of the WhitePaper. Not a lot has changed when it comes to fleet asset utilization within the supply chain.
As COVID-19 continues to reshape the supply chain, we're looking ahead to the emerging trends in warehousing you need to be aware of to ensure your organization thrives in 2021. Five Emerging Trends In Warehousing To Prepare For In 2021. The warehouse of 2021 and beyond will be as much of a technology center as an inventory center.
As 2021 begins, new growth and adjustments need freight managers’ attention to start the recovery process. Embracing new and improved logistics strategies remains the best way to adapt to clients’ changing demands in 2021 and beyond. Download the WhitePaper.
Yet the ATA Trucking Tonnage Index has proven to be a valuable tool in evaluating the state of the U.S. The tonnage index for July 2021 was 109.8, The most recent report in July 2021, shows a slight decrease in tonnage of 1.2% This has been a consistent downward trend since April of 2021 where the index was 114.7.
That’s especially true when considering the state of the economy and hopes for growth in 2021. And in turn, this makes benchmarking an excellent tool for combating issues that come from truck driver shortages. Download the WhitePaper. Greater financial insight is an invaluable tool.
In our recent whitepaper , we discussed the growing importance of carrier utilization. This will be key in 2021. Unlike other tools in the market, the Lane Signal considers an abundance of data from multiple sources, not just dirty data that flows through one system like other industry tools.
Co-hosts Luke Falasca and Kyle Taylor discuss why freight brokers are overpaying their carriers to haul loads during the first week of 2021 on this episode of #WithSONAR. Because SONAR provides real-time data, its data is more up-to-date than many of the rate assessment tools that are still showing pre-Christmas rates.
Even when processed with advanced business intelligence tools, inaccurate data will do more harm than not having access to any data at all. . Download the WhitePaper. As volatile as the last few years have been within the industry, 2021 and beyond could remain the most impactful years yet.
Because global e-commerce retail sales are expected to exceed 6 trillion dollars by 2021 every business wants to be a leader in their own niches. As more and more entrepreneurs find their place on online store platforms, those platforms have developed new tools to make life easier for e-commerce store owners. Download Here.
And a new suite of products, ranging from artificial intelligence through visualization tools to see lane acuity, are changing the game. On February 16, 2021, final reported rates for reefer contracts were at $2.02. Download the WhitePaper. However, comparing that with past years’ data, shows a notable decline from $2.05
This presents a huge challenge for enterprise shippers who have not embraced modern technology and freight tools. Download the WhitePaper. Since the beginning of 2021, maritime shipping lines will need to refocus on safety compliance. It makes for more work when the network falls behind, to begin with.
With more agility and transparency, based on accurate data-driven choices, implementing essential visibility tools empowers shippers with practical foresight into predicting rate changes in real-time. Although these methods are foundational, they don’t provide the agility of real-time updates that supply chain visibility tools can accomplish.
A recently published DHL whitepaper on Revisiting Pandemic Resilience sheds light into what the logistics sector has learned from the race against COVID-19 to be best prepared to handle public health emergencies in the future. For high levels of immunisation, around 10 billion vaccine doses are required globally by end of 2021.
Having a tool for accurate demand forecasting and capacity planning allows companies to be more proactive. Only a few largest companies can afford to hire a whole team of data science professionals to develop such a tool in-house, as in the case of UPS. billion by the end of 2021. GET YOUR FREE WHITEPAPER.
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. Download the WhitePaper.
The state of the trucking market in 2021 is uncertain, filled with risk, and continues to evolve, making logistics management challenging.? through 2021, but total retail sales will grow 7.9%. Download the WhitePaper: Over the Road Freight Management Trends. Capacity Constraints Continue to Arise.
In a whitepaper on “ How reinventing the supply chain can transform the planner role ,” consulting firm EY cites their research that lack of the right supply chain talent is the second highest challenge to meeting supply chain goals. It’s graduation season, so the hunt for critical supply chain talent is more vigorous than ever.
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. Download the WhitePaper. View SONAR SCI - A Contract RFP Tool.
Congratulations and welcome to 2021! And demands for 2021 already reveal strife in procurement in the shipping industry and visibility through all operations, including carrier troubles. If a business wants to “thrive” in 2021 abnormalities, it’s essential to consider the top trends to expect through the year. The short answer?
Managing the manufacturing supply chain and freight markets of today requires skills, tools, applications and services that have never been utilized in the past. For instance, the image shows a wait time of 135 minutes on February 21, 2021, one week following Winter Storm Uri. Download the WhitePaper.
Download the WhitePaper. Digital freight tools and platforms also form an integral piece of the puzzle. And as such, automated processes are an essential part of proactive supply chain management in 2021 and beyond. The post What enterprise shippers can expect from logistics automation in 2021 appeared first on SONAR.
Download the WhitePaper. Digital freight tools and platforms also form an integral piece of the puzzle. And as such, automated processes are an essential part of proactive supply chain management in 2021 and beyond. The post What enterprise shippers can expect from logistics automation in 2021 appeared first on SONAR.
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