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Shippers, brokers, carriers, news organizations and industry analysts rely on DAT for trends and data insights based on a database of $150 billion in annual market transactions. He is responsible for driving strategy, customer engagement, and industry analysis. He was named a Pro to Know in 2021 by Supply and Demand Chain Executive.
Established in 1978, DAT established itself as the go-to source for industry trends and market intelligence for transportation brokers, carriers, shippers, news outlets, and industry analysts. DAT.com provides real-time information on trucking rates, capacity, and market trends, allowing users to make informed decisions.
Container shortages, capacity constraints, higher shipping costs, and ongoing impacts of the global pandemic all placed new challenges in front of ocean shippers last year. The capacity issues are similar elsewhere in the world with 8% of European importers reporting delays by the end of last year, up from less than 2% the previous year.”.
From a financial standpoint, transportation cost analysis remains focused on determining the value of the resources used to execute a given shipment and goes well beyond benchmarking. Moreover, this kind of analysis does not focus on who ends up paying which expenses in the end. The challenges of limited transportation cost analysis.
Today we’re going to look at some of the consumer trends that might affect your preparations for peak season 2024, and strategies to maximize them. 2024 Consumer Trends Early this year, HubSpot released its 2024 Consumer Trends Report. Trend #3 More than half of consumers are being more careful with spending.
Anthony transitioned to a Corporate Economist & Consultant, advising CXO leaders and Fortune 500 companies on economic analysis, industry trends, and internal strategy. He led analysis around M&A, pricing sensitivity, competitive intelligence, and annual sales forecast for the executive team.
FreightWaves SONAR is releasing new indices – CapacityTrend Market Scores and CapacityTrend Market Direction – to help shippers, carriers and brokers prioritize specific routes daily. CapacityTrend Market Scores CapacityTrend Market Scores are divided into two perspectives – shipper/broker and carrier.
Image Source: Pexels | Exploring Top 10 Logistics Trends for 2023 and Beyond The adoption of new technology will modernize your company, ensure strong competitive advantages, and make jobs that before looked difficult efficient and productive. Image Source: Pexels | Exploring Top 10 Logistics Trends for 2023 and Beyond 6.
In the logistics and shipping industry, capacity refers to the amount of space secured on trucks and other vehicles to carry shipment loads. This generally gets referred to as trucking capacity, and it remains one of the most critical aspects of dealing with supply chain disruptions. On normal days, this can be challenging enough.
This freight capacity would come at a 10%-15% discount to the prevailing cost to move freight. The post Autonomous Truck Trends for 2022 and Beyond: Can Autonomy Safely Address the Driver Shortage? A customer would purchase TuSimple’s fully autonomous semi-trucks directly from a semi-truck manufacturer.
“However, at its heart, production in the Asia-Pacific region was severely curtailed for a period of time for issues ranging from the COVID impact on worksites to energy shortages, to port capacity limits. Mr. Ryan’s statements are based on a sound quantitative analysis of what is occurring. So, there was supply chain disruption.
Making the most out of today’s challenging supply chain trends requires a deep understanding of the market and timely information that helps you achieve a competitive advantage. Q1 2022 Supply Chain Trends and Hot Topics. Is the Drug and Alcohol Clearinghouse still impacting capacity? In our first Market Insights Live!
Robinson’s own technology and data from the largest network in the freight industry, our partnerships with research firms and universities help our customers stay on top of the trends that influence their supply chains. Both are critical, but in our analysis, supply is the single best predictor of rates over the long term.
billion in 2022, this trend continued in the first nine months of 2023. This shows the resilience of the Turkish carpet industry and its capacity to recover against difficulties. The post Turkish Carpet Exports: A Quick Analysis appeared first on More Than Shipping. While this figure decreased to $2.8
It’s that time when idle chatter at the office Christmas lunch turns to debating what next year will bring, especially among logistics and supply chain professionals, for whom it seems every New Year brings new challenges, trends, and disruptive innovations. The 7 Trends for Supply Chain Pros to Watch in 2018.
Securing capacity for global air shipments has become more difficult this year as total freight volumes receded and as carriers reduced their flights as a way to offset that drop in volume. What’s Driving the Trend? IATA is tracking different air freight trends across global markets right now. Total volume fell by 12.6%
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.
Various factors will continue to influence Supply Chain Management trends in 2023 and beyond. Inflationary trends are affecting the world economy and directly affect supply chain and delivery operations. Inflationary trends are affecting the world economy and directly affect supply chain and delivery operations.
A freight spend analysis can help cut those extra costs. Performing a freight spend analysis reveals extra costs deriving from unforeseen issues. Let’s look at a few best practices and steps to conduct a comprehensive, insightful cost analysis. Know the scope and value of a freight spend analysis.
Image source: iStocks | Top 7 Most Impactful Logistics Trends to Watch in 2025 As another year comes to an end, managers and business owners are dedicating themselves to a crucial stage in the success of any business: evaluating what worked and what can be improved in their operations.
Integrating external factors like consumer price indexes, GDP trends, climate change, and others into the forecast can improve signaling for supply chain design. Supply chain design can help identify and flag such capacity and capability gaps. Identify Capability Gaps – Detect weaknesses in transportation or supplier capacity.<br>-
Among enterprise companies, one critical aspect of successful negotiation and capacity procurement is a better predictive outlook of both spot and contract truckload rates. Tracking market trends within truckload rates relies heavily on data and analysis. Data-driven insights provide a rubric for guiding RFP processes.
consumers and the other is the limited capacity to match it. million TEUs of container fleet capacity this year, the largest annual amount since the 2.6 In capacity terms, that translates to another 4.17 The post 2022 Shipping Expectations and Trends: An Overview appeared first on More Than Shipping.
While much of this chain will focus on key ways manufacturers can make more products, it will also have a profound impact on how manufacturers use information and interact with consumers through these additional top manufacturing technology trends. How will These Top Manufacturing Technology Trends Increase Customer Experience?
Bank , offering a comprehensive analysis of freight shipping rates. Drawing on a wealth of reliable sources, including FreightWaves’ extensive SONAR datasets, BlueGrace Logistics’ operational perspectives, and US Bank’s financial insights, the report delivers a holistic view of current shipping rate trends.
MV Yara Birkeland was considered the world’s first autonomous electric cargo ship, but it only had a capacity of 120 TEUs. Once the power of fully-electric ships is confirmed as a viable propulsion system, larger ships with much-higher TEU capacities will be tested and used, leading to widespread adoption.
Blog " * " indicates required fields Email * More Resources Home August 29, 2023 Update The Freightos Weekly Update helps you stay on top of the latest developments in international freight by giving you the rundown on the latest economic data, ocean and air demand trends, rate data – and anything else impacting the market.
Simply put, with the drought, the canal’s capacity has dwindled. The post In Continuing Trend, Panama Canal Sees More Drought-Related Shipping Delays appeared first on More Than Shipping. What started as scattered and sporadic disruptions has turned onto outright delays. depending on local conditions. However, time will tell.
More Resources Home September 26, 2023 Update The Freightos Weekly Update helps you stay on top of the latest developments in international freight by giving you the rundown on the latest economic data, ocean and air demand trends, rate data – and anything else impacting the market. America weekly prices increased 1% to $1.67/kg.
The capacity of their sortation and distribution systems often decides on their competitiveness. Thomas Wiesmann from BEUMER Group , pictured above, knows which sortation trends owners are following, how they can react to them and where the journey will take them. Market trends? They are prepared for future capacity forecasts.
More Resources Home May 15, 2024 Update The Freightos Weekly Update helps you stay on top of the latest developments in international freight by giving you the rundown on the latest economic data, ocean and air demand trends, rate data – and anything else impacting the market. America and $3.60/kg
Blog " * " indicates required fields Email * More Resources Home August 23, 2023 Update The Freightos Weekly Update helps you stay on top of the latest developments in international freight by giving you the rundown on the latest economic data, ocean and air demand trends, rate data – and anything else impacting the market.
This begs the question: Even if the industry gets more truck drivers, just how much is enough to relieve the strain on trucking capacity? The answer is not simple and involves research and analysis across a number of factors. How many more truck drivers are needed to balance demand for truck transportation with the supply of capacity?
More Resources Home May 8, 2024 Update The Freightos Weekly Update helps you stay on top of the latest developments in international freight by giving you the rundown on the latest economic data, ocean and air demand trends, rate data – and anything else impacting the market. Europe – N. America weekly prices fell 2% to $1.77/kg.
Now more than ever, shippers need to find innovative ways to make the most of real-time freight data and analysis. Today, logistics strategies rely on accurate and up-to-date data for everything from capacity planning to invoicing. Sometimes data analysis needs to be refocused and fine-tuned.
How about your need for a seamless corporate transportation analysis? These improvements raise the bar as a key differentiator for companies that are competing for the same customers, transportation capacity or both. These applications encompass transportation, warehousing and global trade, as well as the Internet of Things.
More Resources Home March 19, 2024 Update The Freightos Weekly Update helps you stay on top of the latest developments in international freight by giving you the rundown on the latest economic data, ocean and air demand trends, rate data – and anything else impacting the market. America weekly prices increased 3% to $2.15/kg. Optimistic N.
More Resources Home July 30, 2024 Update The Freightos Weekly Update helps you stay on top of the latest developments in international freight by giving you the rundown on the latest economic data, ocean and air demand trends, rate data – and anything else impacting the market. Europe – N. America weekly prices fell 2% to $1.63/kg.
Blog " * " indicates required fields Email * More Resources Home September 6, 2023 Update The Freightos Weekly Update helps you stay on top of the latest developments in international freight by giving you the rundown on the latest economic data, ocean and air demand trends, rate data – and anything else impacting the market.
More Resources Home June 4, 2024 Update The Freightos Weekly Update helps you stay on top of the latest developments in international freight by giving you the rundown on the latest economic data, ocean and air demand trends, rate data – and anything else impacting the market. America and Europe.
Capacity Constraints Continue to Arise. Capacity constraints continue to come under microscope as shippers look for a better understanding to the state of the market. Top causes of capacity constraints include: . Capacity constraints within truckload and parcel have led to spillover within the LTL market.?
More Resources Home September 13, 2023 Update The Freightos Weekly Update helps you stay on top of the latest developments in international freight by giving you the rundown on the latest economic data, ocean and air demand trends, rate data – and anything else impacting the market. Europe – N. America weekly prices fell 1% to $1.68/kg.
This is seen exceptionally well when looking at rail capacity and transportation rates for the modern supply chain. Data access and analysis continue to be essential to competitive operations within the process of monitoring rates and expenses in intermodal shipping lanes.
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