This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
Knowing where current intermodal freight shipping rates stand and where the trends are heading gives a substantial competitive advantage over those only using truckload services. Because availability and demand can impact freight rates and expenses, knowing the current volume trends can help shippers better plan for rates and fees.
Many LTL industry trends, including capacity limitations, increasing accessorials, surcharge rates, changes in market trends and buying patterns, are almost certain to continue through 2021 and for some time to come. Major shippers and transporters have only so much space available to work within LTL shipping capacity.
This week, learn how freight market participants are predicting shifts in the freight market that may occur with changes in retail sales trends using the SONAR index, Retail Sales with the ticker name of RESL. The RESL index is a monthly measurement of retail sales trends provided by the U.S.
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.
Driver availability in the delivery, transportation and logistics sectors has become a critical issue with widespread ramifications for businesses and consumers alike. According to the American Trucking Association, the industry faced a shortage of over 80,000 drivers in 2021, projected to grow to 160,000 by 2030 if current trends continue.
Study 2: Inspect Demand Trends . Using Demand Forecasting Navigator to Study Demand Trends. As transportation lanes become unavailable, the availability of suppliers and components will decrease. Demo in Network Design Navigator . Study 5: Refine Capacity Smoothing (click to view demo and more information) .
And the trucking trends will reflect both the hope for a return of normalcy and the reality of some new, permanent shifts in the industry. With that in mind, it’s important to realize that carriers can use the top 10 trucking trends to find a long-term value-prop coming out of the most in-demand periods for carriers in history.
For instance, using the trends and seasonality within the Outbound Tender Rejection Index, shown above , logistics coordinators can create responses to RFPs based on like a higher all-in rate. Recognize how other modes, along with current shipping trends, affect OTR transportation. Request a SONAR Demo. Request a SONAR SCI Demo.
Industry-wide and granular freight market data capture capabilities When capturing data from the freight market, carriers need to collect it from every available market and use this information to make improvements for their companies. And part of that means tracking real-time truck location, gauging market trends and much more.
On the opposite side of the coin are TL shipments that utilize all available space in the trailer. All of this needs careful consideration when shippers are looking at tight TL and parcel modes and availability. . Request a SONAR Demo. Request a SONAR SCI Demo. Request a SONAR SCI Demo. appeared first on SONAR.
Seeing that trend indicates increased manufacturing or distribution activity, typical for the flurry of activity that accompanies spring. Limited insight into inventory demands resulting in problems procuring raw materials The manufacturing supply chain depends on the availability of raw materials to create and distribute goods and products.
Market activity describes the nationwide and granular trends affecting available capacity, timeliness of transit and on-time, in-full deliveries. Since transportation is literally a fuel-consuming industry, knowing the fuel changes and trends will go a long way to improve trucking profitability. Request a SONAR Demo.
FreightWaves SONAR is releasing new indices – Capacity Trend Market Scores and Capacity Trend Market Direction – to help shippers, carriers and brokers prioritize specific routes daily. Capacity Trend Market Scores Capacity Trend Market Scores are divided into two perspectives – shipper/broker and carrier.
True transportation cost analysis goes well beyond benchmarking to analyze, monitor and forecast trends that can be used to the shipper’s advantage. A trend that continues among shippers nationwide is better monitoring and utilization of analysis within the supply chain. Request a SONAR Demo. Consider this fact.
And as reported by Supply Chain 24/7 , “Leveraging technology, shippers are able to see regional trends and specific lane cost information, as well as driver preferences, while carriers have access to details like loading/unloading times and lane history data.” Request a SONAR Demo. Request a SONAR SCI Demo.
Without quality data to review, analyze and apply, the network will struggle to keep up with important trends within the global market. 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.
Measure invoiced rates against market trends. The billed or invoiced rates should always reflect current market trends. That might include collecting both internal data and using the resources available in SONAR, such as SONAR InGauge, to compare carrier data against the industry. . Request a SONAR demo online to get started.
More Resources Home January 16, 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.
This not only provides versatility but also aligns with the growing trend of personalized delivery experiences, enhancing customer satisfaction and loyalty. According to a NielsenIQ survey, 61% of consumers prefer fast deliveries, reflecting a trend towards higher expectations for speed. Start Using RouteManager!
The best way for people to gain the level of insight they crave is through high-frequency data, particularly insights into spot rate trends. Logistics industry conditions are inextricably linked to supply and demand trends in the overall economy, and spot rates are typically the first place those impacts become visible.
Analytics available now are not those of the early 2000s. Of course, that builds on staying atop marketing trends, which inevitably enrich profits and tender execution. Request a SONAR Demo. That leads enterprises to a more streamlined and efficient process from end to end.
Identify hot versus cooling markets The market constantly changes as demands shift and service availability rises and falls. Trends come and go, needs wax and wane, and the one thing that stays the same is the reality that everything changes. Request your demos below. Request a SONAR Demo. Request a SONAR SCI Demo.
More Resources Home December 19, 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 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.
Enterprise shippers are looking for ways to capture and analyze more data Making the most of available technology has always been critical for fine-tuning a supply chain. Making the most of the tools and automation available will help managers maximize profits, reduce waste and secure more loads. Request a SONAR Demo.
More Resources Home July 9, 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. days compared to more than a week in late May.
The process usually includes analyzing historical data for seasonal trends and product performance, as well as gathering current data on competitors, marketplace trends, future marketing plans and promotions. Creating graphs and pie charts out of your numerical data can make it easier to spot trends and gain insights.
According to Supply Chain 24/7 , “If 2020 taught us anything, it demonstrated that to succeed, maximize resilience, and ensure business continuity, companies need to maximize every available channel – ecommerce, direct-to-consumer, retail and distributors. Request a FreightWaves SONAR demo by clicking the button below to get started.
We often demo SONAR to customers that want to see every domestic freight dataset we have to offer while showing little interest in our ocean data. Request a SONAR Demo. Request a SONAR SCI Demo. Brokers to refine their rates and their negotiating tactics with carriers for changes in market conditions.
As e-commerce peak season ramps up, more organizations will see available drivers and capacity dwindle. Yes, AI and machine learning build on algorithms to isolate historical trends and derive a likely transportation rate. And the past data trends are obsolete and rapidly becoming more so. Request a SONAR Demo.
And it’s time to face the music; other tendered loads are readily available. And that means your company needs access to all the freight data available. In other words, it’s time to start thinking about looking at industry data trends to find new opportunities for improvement. Request a SONAR Demo.
However, as regulations begin to get lifted and things are trending back to normalcy, the industry is starting to regain that lost ground. Dry van shipping is one of the most common and trusted options available. This popular mode is often used, and pick-up and delivery times are more available weekly because of the high demand.
Market volatility insight presents value to carriers that learn to recognize how trends lead to challenges and why those challenges represent opportunities for improvement. Get started by requesting a FreightWaves SONAR demo today, or simply click the button below. . Request a SONAR Demo.
As a result, carriers found themselves at the heart of an in-demand crowd with finite capacity resources, facing a growing carrier trend for more and faster service. The answer lies in considering HOS rules and driver availability when planning every move. Request a SONAR Demo. But how can a trucking company achieve this goal?
Working with the right partner makes it easier to prepare for known and anticipated disruptions within last-mile delivery while providing the best delivery services available. Retail delivery solutions continue to change to keep up with market trends. It is much easier to grow and scale with high-quality last-mile deliveries.
However, even as retailers scramble to meet e-commerce consumer demands, and providers lean into the latest trends to get those packages to front doors, there is plenty going on behind the scenes. OneRail showcased its final-mile solution during a Monday demo session at FreightWaves’ Future of Supply Chain event.
And a failure to ensure trucking capacity availability within one market will have a resounding effect on allocation strategies of a trucking fleet’s assets. Using market trends to identify price changes for short-term and long-term outlooks and boost carrier revenue. Request a FreightWaves SONAR demo by clicking the button below.
In addition, the national tender rejection indices continue to reveal the same trend. Lack of backhaul availability for destinations. Again, a lack of backhaul availability also plays into rejection risks. Request a SONAR Demo. While same-day delivery sounds great on paper, it comes at a high price.
Understanding ocean shipping trends is vital to understanding the freight flows in domestic transportation markets. Request a SONAR Demo. Request a SONAR SCI Demo. The easiest identifier is linking rises (and falls) in import volumes that are clearing U.S. FILL OUT THE FORM BELOW TO DOWNLOAD THE FREE WHITE PAPER.
Some emerging trends around last-mile delivery fulfillment models. Let’s explore the four emerging trends around last-mile delivery fulfillment models that have gained traction among modern business enterprises. Schedule a demo with Locus! Schedule Demo. This figure is projected to increase to 291.2
Remaining up to date on trends, innovations, technology and advancements. Overcoming common problems with logistics guide compliance is about making proper use of the tools, data, systems and available resources. Request a SONAR Demo. Request a SONAR SCI Demo.
However, the needs and demands still frequently outweigh available resources. The solution: Recognizing market trends as they occur in real-time is easier with access to actionable, insightful data. Unfortunately, ocean shipments data is rarely easily accessible or available for analysis by enterprise shippers.
Number of carriers used versus available carriers Comparable to the need to track assets, supply chain management companies can also follow the number of carriers used versus all available carriers. Schedule a SONAR demo online to learn more. Request a SONAR Demo.
If the carriers provide this dataset, it becomes possible to forecast spot freight available capacity within a given market. Know ing what’s happening in ports and major international border crossings amounts to seeing the overall trends of product flows into and out of the U.S. Request a FreightWaves SONAR demo to get started today.
We organize all of the trending information in your field so you don't have to. Join 84,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content