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Ken Adamo and Joe Lynch discuss a trillion dollars in freight transactions. Ken is the Chief of Analytics at DAT Freight & Analytics. DAT operates the largest truckload freight marketplace in North America. About Ken Adamo Ken Adamo serves as the Chief of Analytics at DAT Freight & Analytics.
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. About FreightWaves.
This comprehensive resource examines the latest shipping rates and highlights the key factors shaping the freight industry today. Bank’s financial insights, the report delivers a balanced analysis of market trends. With FreightWaves’ advanced SONAR data, BlueGrace Logistics’ operational expertise, and U.S.
About DAT DAT Freight & Analytics, a subsidiary of Roper Technologies (NYSE: ROP), boasts the largest North American truckload freight marketplace, with data representing over 400 million freight matches and $150B+ in annual transaction data. Greenscreens.ai’s dynamic pricing infrastructure built to grow and protect margins.
offers a customizable, AI-powered software solution that revolutionizes how companies manage freight brokerage and logistics. Real-Time Data Analysis: The platform analyzes call data to identify trends, monitor quality, and provide insights for continuous improvement in customer service and operations.
Here are five trends that all shippers should be keeping an eye on as they plan their ocean freight movement in 2021: The container shortage is still in full force, but it may be easing somewhat. Comparing that to March 2020’s prices, CNBC says freight rates from China to the U.S. rates are up 145% year over 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.
They offer a Custom Content Growth Model that includes strategies such as brand and content strategy, audience research, competitive analysis, and digital content roadmap. They also serve the trucking industry by offering brand and content strategy, audience research, competitive analysis, and digital content roadmap services.
In transportation, digital freight procurement and asset tracking & data mining are in broad use. Around 80% of LSPs and 68% of shippers cited the cost/ROI analysis as the biggest challenge for transportation transformations. The post Top Transportation Technology Trends appeared first on Logistics Viewpoints.
More Resources Home October 22, 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.
So, going into 2025, I would like to focus on current congestion data, global trends and what U.S. increase), as shippers front-loaded freight and amid trade uncertainty. Not to base your cost on the lowest ocean freight but to a median freight based on 2-3 different ocean carriers. September being the highest with %14.4
For companies involved in shipping freight, the combination of order-level management and cost to serve analysis can be a game-changer. By combining order-level management with cost to serve analysis, businesses gain unparalleled transparency into their operational costs.
More Resources Home The Red Pill: The (Slow Yet Steady) Revolution in Global Freight Digitization Eytan Buchman April 15, 2024 Dive deeper into freight data that matters Learn More The March 26th Francis Scott Key Bridge allision feels shocking. Surely all the technology and guardrails should prevent this type of disaster.
Preliminary November North American Class 8 net truck orders saw both sequential and annual declines, according to recent data respectively issued by freight transportation consultancy FTR and ACT Research, a provider of data and analysis for trucks and other commercial vehicles.
Relying solely on manual shipping data analysis continues to yield poor results. And even the freight management analytics of five years ago do not necessarily respond well to today’s shifting and changing market. By using descriptive and diagnostic analytics, freight management parties begin to see not only what happened, but why.
It also incorporates a Digital Transformation in Logistics… The post Digital Transformation in Logistics Market Analysis by Size, Share, Growth, Trends up to 2025 appeared first on 24/7 Customs Broker News. This report describes a study of the Digital Transformation in Logistics market for the evaluation period 2025.
Freight claims processing is often completed by employees using traditional, inefficient methods, such as spreadsheets. However, freight claims management is important and merits more attention, especially when trendanalysis shows factors leading to recurring claims.
One of the most popular tools that drives the supply chain to new heights is the process of intermodal freight shipping. Data access and analysis continue to be essential to competitive operations within the process of monitoring rates and expenses in intermodal shipping lanes.
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. In our first Market Insights Live! How is C.H. and Global Forwarding Insights web pages.
webinar of 2021, my colleagues and I provided analysis on today’s leading freight shipping topics, including the potential impact of the U.S. We answered questions live, but there were many great freight shipping questions submitted that we didn’t have time to address. Do you expect this trend to continue? (10:25).
Co-hosts Kyle Taylor and Luke Falasca focused on freight forecasting during COVID-19 on this episode of #WithSONAR. Subscribers receive near-time market intelligence to improve pre-RFP strategy analysis and can identify new market opportunities with little to none native, historical data. It has been recognized by Inc.,
The Top 7 Stories in Freight. The hottest stories in freight can be found here, in the Weekly Freight Report: 1. The California freight market is a mess. The freight markets have re-entered “chaos as usual” territory. As such – the freight market continues to boom. Get the full details here.
It has been an unprecedented and bumpy ride for the freight market in 2021. As predicted in our earlier posts, freight rates have skyrocketed to never before seen levels in 2021 due to two main reasons. Freight rates. Going into 2022, there are many unknowns and it is extremely hard to predict freight levels.
Freight costs and budget adherence are among the most important and often overlooked aspects of transportation management. Measuring performance with transportation KPIs and freight data is getting easier. Budgeting and managing freight costs are critical to overcoming any disruptions and increasing profitability.
And one of the easiest ways to keep up-to-date with the latest news and trends is to follow the available top freight podcasts. On LinkedIn , I asked my network what they thought were the top freight podcasts in the industry. Join FreightWaves’ hosts Dooner and The Dude twice a week as they discuss all things freight.
Getting a better shipping experience is easy with an optimized supply chain and a robust freight brokerage setup. Creating the perfect supply chain can be a challenge, but freight managers can do some simple yet practical things. Data collection and analysis can be accurately applied to the network.
During the Red Sea crisis situation, many freight forwarders are going through difficult situations. But, at the same time, some freight forwarders are enjoying the additional business. The Red Sea Crisis is having a mixed impact on the profitability of freight forwarders due to various reasons.
When it comes to the movement of freight, one megatrend driving the need for better technology is the driver shortage. TuSimple – a provider of autonomous freight semi-truck solutions – has said their technology will be operational by 2024. TuSimple is offering freight as a service to shippers and carriers.
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. In the highly competitive trucking industry, freight rates are determined by supply and demand.
OTR freight represents a long-standing aspect of supply chain operations and transportation management. Th is blog post covers the critical ways strategic partnerships can help supply chain managers achieve optimal OTR management for their freight. Carrier Vetting for OTR Freight . Remote Tendering and Shipment Execution .
Whether your company is a big or small player in terms of shipping volumes, and regardless of your chosen transportation modes (road, rail, ocean, air), the health of your bottom line depends in no small part on the competitiveness of your freight prices. So how can you be sure you’re getting the best freight rates possible?
This essential resource dives into the current state of shipping rates, offering a detailed look at the trends shaping the freight industry. Powered by FreightWaves’ cutting-edge SONAR data, combined with BlueGrace Logistics’ operational know-how, this report delivers a well-rounded analysis of market dynamics.
There are many variables affecting ocean freight rate fluctuations. Carriers will want freight rates at higher levels to maximize the profits per-vessel, while BCOs will want to ship with the best possible cost out there. Consumer Demand and Vessel Supply Consumer demand and vessel supply have the biggest impact on freight rates.
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.
The freight forwarding and project cargo sectors, always at the heart of global commerce, are adapting and evolving. Drawing from industry insights and the pulse of current trends, let’s explore the intricate tapestry of what the remainder of the year and beyond might unfold. But how does this translate to freight forwarding?
More Resources Home October 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. Europe – N. America weekly increased 2% to $1.82/kg.
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.
Many asset-based carriers utilize freight broker and data technology to recruit truck drivers and reel in new talent. It is considerably more important to find talent quickly to fill the ever-growing needs of the freight and shipping industry. In turn, that slows down contract freight and reduces how much contracted truckers earn.
Xeneta, a shipping analytics platform, recently revealed new data indicating that spot rates for ocean freight container shipping will surpass those seen during the peak of the Red Sea crisis earlier this year. The market’s rapid and unexpected spike has caught even the largest ocean freight liner companies off guard.”
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.
So, once the right value to the customers is not given and prices went up in an extraordinary fashion, customers’ perspectives changed, and today we see this trend of commoditization of freight. Unfortunately, commoditization of freight is making the interactions among companies more transactional than relational.
We are hearing today a great deal about a “freight recession”, but what exactly is a freight recession? According to Freightwaves, when there are consecutive quarters of decline in freight volumes, this can be considered a freight recession. Fewer ocean orders mean less freight arriving into the U.S.
The introduction of this first application within SONAR SCI was built with leaders at companies that spend millions of dollars on freight shipping. SONAR Lane Acuity Plus provides lane-level insight into market stability and rate benchmarking , helping participants identify freight rate and capacity risk on a lane. .
Tracking market trends within truckload rates relies heavily on data and analysis. Managers don’t want to learn that they are essentially paying a higher transportation rate with one carrier when another freight carrier offers a much more competitive truckload rate. Often this means contracted volume is the way to go.
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