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Cerasis is excited to announce the release of an all new, exclusive, & educational resource “The State of & Pricing Outlook of the Less than Truckload Shipping Market WhitePaper” whitepaper! Get a free copy of the whitepaper by filling out the form to the right.
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.
The Supply Chain Disruptions Include: Manufacturing capacity drops and become less efficient. Trucking capacity falls and costs increase. Final mile capacity demand increases. can be created to serve as a sandbox for scenario analysis. Rapid changes in consumer buying habits. Labor shortages and cost increases.
The capacity crunch continues, and the ELD mandate has lowered the number of trucks available. This creates a major problem for managing e-commerce fulfillment when orders spike and shippers need to understand how data analysis may help. Get Your Free WhitePaper Today. Download Here. Order picking accuracy.
Shipping managers continue to struggle with capacity procurement during this time of industry-wide disruption . Poor capacity acquisition comes down to poor communication and freight contracts negotiation due to outdated methods. Download the WhitePaper. Outdated communications affect contracts. Request a SONAR Demo.
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.
Trucking capacity is tight, and deadheading is the precursor of even stricter capacity. 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. Download the WhitePaper.
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. The key to avoiding this kind of situation is predictive planning and analysis.
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. Download the WhitePaper. Sometimes data analysis needs to be refocused and fine-tuned.
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.?
With demand for drivers often exceeding availability, shippers find themselves forced to pay more to secure capacity and drivers across many industries. Leveraging a 3PL’s relationships, people, processes and technology helps businesses balance supply and demand volatility and secure reliable and consistent capacity. Learn More.
Access to data and proper analysis are both essential to maximize profits and reduce costs. There are many ways for shippers to take advantage of technology and advancements within the industry, but three key methods are essential for utilizing trucking data to source capacity. Download the WhitePaper. trillion in 2018.
A great deal of the cost that goes into shipping gets tied up in securing load capacity and budgeting for fees and expenses incurred along the way. Understanding why rate forecasting is so vital and how accurate data and analysis can help improve predictions are essential. Download the WhitePaper.
Enterprise shippers need a proactive strategy to secure capacity One of the biggest challenges that shippers face remains to secure capacity. Along with this keeping, the fleet loaded to maximum capacity is essential. Download the WhitePaper. The improved insights amount to greater capacity and lane control.
Digital freight matching is growing more valuable as a way to source meaningful capacity Companies and freight managers that have embraced digital technology and automation remain more likely to thrive. Using digital freight matching platforms is the best strategy to secure meaningful and practical capacity. Download the WhitePaper.
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. Download the WhitePaper.
By using strong management and analysis processes, supply chains can maximize value and stay competitive. Streamline data capture and analysis. Data for the sake of data is meaningless without proper, automated analysis and data capture. Download the WhitePaper. Benchmark your operation against competitors.
That’s even more true since transportation capacity, indicated by LMI.TPCP, is at 46.34, well below prior years’ averages in the above image. The problem: Shipping demand management includes a need to source capacity around the clock Capacity rules when it comes to keeping the supply chain moving and the trucks full.
National Carriers – These more extensive networks will help management secure capacity on trucks that can travel greater distances. Create the right balance between spot and contract capacity. Truckload service focuses on balance and having available trucking capacity when in high demand. Download the WhitePaper.
In the video below, I offer up five steps you can take right now to secure more truckload capacity options—even when the market is tight. When faced with a market like today’s, I recommend you consider one or more of the tactical ideas from the video above or our whitepaper to help meet your shipping needs during difficult market conditions.
Download the WhitePaper. As highlighted by LinkedIn , a staggering 80% of bargaining is preparation, analysis, data review and planning before any meeting or discussion occurs. Keep extra carriers on hand and keep the availability of drivers open for locating added capacity.
Download the WhitePaper. Using FreightWaves SONAR’s DHL Pricing Power Index (DHLPPI.USA) allows for the weekly analysis of pricing power between shippers and carriers based on the conditions of the current freight market. It’s a complex process that adds to the need for more insight and accountability.
It’s because enterprise shippers are turning to new intelligence tools, such as SONAR SCI , to conduct a freight spend analysis to maximize contract freight use and allocation. And despite the current challenges, carriers are already looking for ways to augment their capacity through increased access to freight broker resources and beyond.
As a result, transportation fleets must leverage truck utilization data daily as well as load percent capacity, driver wellness and other KPIs to monitor the efficiency and optimization of each unit. Download the WhitePaper. Additional benefits of actual tender data.
Capacity will shrink; profits will fall; expenses will rise; disruptions will increase; and opportunities will be missed. Download the WhitePaper. Enterprise shippers can use this insight to maintain a strategic and adaptable plan that helps them achieve the following: Find available freight market capacity quickly and easily.
The truck driver shortage and its relationship to the capacity crunch. The industry is growing and will only continue to suffer from finite trucking capacity. The main concern for the truck driver shortage is its relationship to the capacity crunch. Download the WhitePaper.
Download the WhitePaper. Major delays, driver errors, financial penalties, lack of capacity, poor communication, market disruptions, and missed deadlines are common pain points that shippers experience with poor drayage planning.
Download the WhitePaper. Carriers have a finite amount of capacity. And there will be times when capacity constraints require increased rates and even outsourcing of some loads. There will always be instances when sound business decisions may require moving a less-profitable load.
Full Truckload WhitePaper Series. Access our complete Full Truckload Shipping WhitePaper Series. In addition, analysis of contract and spot market prices revealed rising rates in medium-range hauls, 450 to 550 miles driven per lane. So, what else can a shipper do to procure full truckload in tight capacity?
Download the WhitePaper. For instance, increased or decreased ocean import activity will contribute to higher demand for short-term capacity in ports of higher activity. Unfortunately, ocean shipments data is rarely easily accessible or available for analysis by enterprise shippers. It’s a relatively simple concept.
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. Download the WhitePaper. Shippers may renegotiate with carriers through mini-bids.
Recently, John Larkin of Stifel’s Transportation & Logistics Equity Research provided an in-depth analysis of the future of the LTL sector to Supply Chain Digest. Most LTL drivers often operate out of 53-foot trailers, as found within the Cerasis’ Best Practices For Effective Less Than Truckload Shipping WhitePaper.
WHITEPAPER] The Current Factors Driving the Less Than Truckload Pricing Market. Download WhitePaper. During bid analysis, many TMS tools will produce forecasts to let users know how this carrier will impact them financially. Get Your Free Copy Here. This allows users to quickly determine the best carrier.
Improper consideration of the whole market’s demands and available capacity will lead to upset and delays. Carriers need balancing to meet market capacity demands. Download the WhitePaper. In today’s world, a delay in data processing and analysis will lead to massive opportunities for overlooked industry dynamics.
Increased load execution, larger load capacity, and more significant savings By implementing supply chain business intelligence , management can improve overall executions. More loads and larger capacities can be achieved and maintained by shippers. Download the WhitePaper. Think about it.
Download the WhitePaper. Relying on manual analysis is like using messenger pigeons in an age of web conferencing, email, and single-click mass communication. Using an API to connect data to analytics engines, such as those that power capacity forecasting tools, can avoid useless data.
WHITEPAPER] The Top Supply Chain Trends that Will Impact Supply Chain Management in 2018. Download whitepaper. Supply Chains Will Transform, Increasing Capacity of Production & Customer Experience Thanks to Transformative Supply Chain Technologies. Companies Will Levy the Power of 3PL-Based Technologies.
Goodwill notes shipment data granularity and analysis are linked with better freight allocation , which means making use of the full spectrum of available shipping options, including full truckloads. Full Truckload WhitePaper Series. Access our complete Full Truckload Shipping WhitePaper Series. Download Here.
Improved planning through wait time analysis benefits all parties. Download the WhitePaper. Higher port activity leads to tighter trucking capacity in portside O/D pairs. Things go wrong in supply chains. That much is always going to be true. Seeing the delays in one part of the network is key to stopping the disruption.
Enterprise shippers need a proactive strategy to secure capacity One of the biggest challenges that shippers face remains to secure capacity. Along with this keeping, the fleet loaded to maximum capacity is essential. Download the WhitePaper. The improved insights amount to greater capacity and lane control.
Transportation Industry Braces for a Looming Transportation Capacity Crunch Crisis in 2017. The concern and dialog about the transportation capacity issues for our country have bridged the past two decades and beyond. WHITEPAPER] The Complete Guide to Freight & Transportation Accounting.
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. Download the WhitePaper. Passport data and analysis guide decisions based on an overall strategy tailored to your brokerage.
GET YOUR FREE WHITEPAPER. DOWNLOAD WHITEPAPER. Better forecasts translate into better load planning, effective use of freight consolidation opportunities, and analysis of the most cost-effective means of transport, including multi-modal transportation. Consider the Blockchain in Trucking Alliance (BiTA).
Related Blockchain WhitePapers. In this whitepaper Ranjit Notani, One Network CTO examines Blockchain’s powerful potential as well as a major problem and whether and how Blockchains can revolutionize the Supply Chain. More Blockchain WhitePapers. Can Blockchain Revolutionize International Trade?
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