FreightWaves SONAR

MARCH 25, 2021

Reaching mutually beneficial service level agreements (SLA) or trade agreements depends on the access and utilization of current logistics data and a decent amount of preparation. Far too often, there is a severe lack of real-time logistics data to work with during this process. Download the White Paper.

Scenario Planning 98

Scenario Planning Data Logistics Network Optimization Software Demo 98

FreightWaves SONAR

APRIL 8, 2021

Data represents an integral part of daily life for most people, and it is no different within the transportation industry. That insight into how freight logistics and optimization rely on data and understanding the full picture is critical to making the best improvements in supply chain route optimization too.

Optimization Software 98

Optimization Software Optimization Data Supply Chain Planning Software 98

FreightWaves SONAR

NOVEMBER 16, 2020

This week, learn how freight market participants, especially those freight parties who are executing refrigerated shipping moves, rely on SONAR indices that show reefer freight data and activity. What are the available refrigerated shipping indices in SONAR? The index is expressed as a percentage of loads rejected to total loads tendered.

Refrigeration 105

Refrigeration Capacity Outbound Inbound 105

FreightWaves SONAR

OCTOBER 31, 2024

Within SONAR, the Outbound Tender Reject Index (blue) In early October eclipsed 5% for the first time since the Fourth of July holiday. At the same time, the Outbound Tender Volume Index (white) has yet to move meaningfully higher, despite record import levels. The post Prepping For The Retail Rush appeared first on SONAR.

Supply Chain Planning Software 52

Supply Chain Planning Software Inventory Reduction Cost Reduction Outbound 52

Logistics Bureau

JANUARY 3, 2025

If youve followed our blog over the years, youll know that weve shared lots of information about distribution network design, why its vital to get it right, how long it should take, the importance of reviewing the network every so often, and various elements of design such as determining the number of warehouses and where to locate them.

Supply Chain Design Software 75

Supply Chain Design Software Supply Chain Design Distribution Networks 75

FreightWaves SONAR

NOVEMBER 19, 2020

Having experienced market growth in size and volume of tenders, Opus9 realized its existing freight market data intelligence tools were not giving their customers the best rate information. The post Opus9 delivers better service by applying SONAR data to stay competitive appeared first on SONAR. View the Full Case Study.

Case Study 71

Case Study Data Study Resource Reduction 71

FreightWaves SONAR

MARCH 5, 2021

In the image below, use the following as your guide to interpreting: Blue = outbound tender rejections for the Dallas market, which measure service, capacity and price. Green = outbound volumes (demand). It shows outbound volumes increasing and inbound supply decreasing. Capacity signals for the freight market.

Freight 98

Freight Price Reduction Cost Reduction Outbound 98

FreightWaves SONAR

AUGUST 18, 2021

The current trends in maritime shipping data suggest increased shipment delays and further inflationary pressures on rates. The SONAR data platform offers the fastest and deepest set of freight market data on the planet. As capacity constraints remain prevalent, rates will continue to be driven higher. Request a SONAR Demo.

Trends 94

Trends Freight Outbound Maritime 94

GlobalTranz

MAY 1, 2018

Data-driven analytics enables you to make cost-effective transportation decisions. However for most shippers, parcel spend is poorly understood because shipping data is often locked up in point solution silos, such as carrier-provided systems and websites, in a variety of different formats. DOWNLOAD WHITEPAPER. NEW WHITEPAPER.

Procurement Analytics 61

Procurement Analytics Optimal Sourcing Data Sourcing Strategies 61

FreightWaves SONAR

JUNE 5, 2023

Lack of data, lack of conviction and lack of organizational agility all conspire to keep companies from recognizing medium-term opportunities and challenges and responding decisively. It’s hard to find good data that provides a view into the next few months of consumer behavior and economic activity.

Supply Chain Planning Software 52

Supply Chain Planning Software Scenario Planning Data Freight 52

FreightWaves SONAR

APRIL 16, 2021

Real-time visibility and data into all things freight shipping is a supply chain gold standard. And nearly one-half of the industry’s freight market participants can see their data in real-time. Unfortunately, that doesn’t always amount to capturing real-time data outside of an individual company’s four walls. Now consider this.

Data 52

Data Supply Chain Planning Software Freight Resource Reduction 52

FreightWaves SONAR

MARCH 15, 2021

Advancements in tender data science and paid market data now power SONAR SCI (Supply Chain Intelligence) Lane Acuity Plus. In the screenshot above, you can see that the outbound and inbound stability show scores of 29 out of 100 and 21 out of 100, respectively. WHAT IS LANE ACUITY PLUS?

Optimal Sourcing 98

Optimal Sourcing Procurement Analytics Procurement Solutions Procurement 98

FreightWaves SONAR

AUGUST 16, 2021

This “SONAR highlight reel,” which we plan to publish every other week, is intended to concisely hit data highlights and trends in truckload, intermodal and maritime. That has put intermodal further out of reach for spot shippers in the lanes outbound from L.A.

White Paper 98

White Paper Demo Maritime Outbound 98

FreightWaves SONAR

SEPTEMBER 16, 2021

The Outbound Ocean TEU Index (OOTI) from Vietnam to the U.S. Outbound Air Cargo Tons out of Ho Chi Minh City are expected to grow leading into the holiday season as shippers rely heavily on air cargo. The SONAR data platform offers the fastest and deepest set of freight market data on the planet. Request a SONAR Demo.

Freight 98

Freight Supply Chain Planning Software Outbound Manufacturing Procurement 98

FreightWaves SONAR

NOVEMBER 17, 2020

More freight brokers are turning to technology and transportation data to grow their businesses by understanding the true freight market rate. . It’s not solely about knowing basic rates – it’s about using freight data to make the best decisions for all loads – playing both the buy-side and sell-side aspects of freight brokering.

Data 52

Data Sourcing Strategies Transportation Freight 52

FreightWaves SONAR

NOVEMBER 19, 2020

According to Derrick Steiner of Digitalist Magazine , “Today’s leading companies are working very hard to be intelligent enterprises, capable of harnessing the power of end-to-end experience and operational data, to connecting their demand chain with their customers, who are social, mobile and shop in many channels, to their supply chain.

Supply Chain Software 105

Supply Chain Software Supply Chains Scenario Planning Sourcing Strategies 105

FreightWaves SONAR

JUNE 3, 2021

SONAR data show that the freight market for inbound Detroit loads is highly volatile based on auto production trends – inbound Detroit loads should be less expensive when OEMs are sourcing a lot of components as assembly volumes ramp up. There is typically more demand for inbound truckloads into Detroit than outbound truckloads.

Negotiating Skills 52

Negotiating Skills Data Freight Inbound 52

FreightWaves SONAR

NOVEMBER 11, 2020

Remember, it’s not all about outbound loads either. Usually, it’s a mix between inbound and outbound loads for shippers. What’s your mix between inbound and outbound loads? . FreightWaves SONAR provides the fastest freight market data in the world, across all major modes of traffic. You never know until you ask though.

Freight 118

Freight Outbound White Paper Logistics Network Optimization Software 118

FreightWaves SONAR

OCTOBER 11, 2021

This “SONAR highlight reel,” which we publish every other week, is intended to concisely hit data highlights and trends in truckload, intermodal and maritime. Spot rates continue to rise as freight flows to the spot market – particularly on the West Coast. These declines are concentrated in the outbound L.A.

White Paper 98

White Paper Freight Demo Maritime 98

FreightWaves SONAR

DECEMBER 1, 2020

The modern supply chain rests on a mountain of shipping data. However, the applications of real-time freight data remain disparate and lack value. Since on-time delivery accounts for both inbound and outbound freight , it has a natural effect on the full supply chain. It’s only challenging to get a handle on the volume.

Purchasing Skills 100

Purchasing Skills Freight Procurement Analytics Optimal Sourcing 100

FreightWaves SONAR

APRIL 8, 2021

Rate data is available for Van (TSTOPVRPM), Reefer (TSTOPRRPM) and Flatbed (TSTOPFRPM) modes. . While SONAR has other indices for rate data, Truckstop.com data is important as many small to medium (and some large) brokerages rely on the site to source carriers. You can view data in weekly, bi-weekly, monthly and annual changes.

Negotiating Skills 95

Negotiating Skills Freight Price Reduction Outbound 95

FreightWaves SONAR

FEBRUARY 8, 2021

When freight market participants are able to get a leading indicator instead of historical data, they are able to proactively plan for assets needed, capacity, and the potential price of freight for drayage and surface transportation moves that head to inland markets after ocean shipments go from the port to roads. ports to China).

Outbound 98

Outbound Procurement Analytics Demo Freight 98

Logistics Bureau

DECEMBER 22, 2024

Of course, the big challenge in this type of external benchmarking is obtaining the necessary data, since many companies are wary of sharing performance data with potential competitors. Instead, its merely a common-sense guide to those supply chain KPIs that can best provide actionable data for general management purposes.

Supply Chains 74

Supply Chains Procurement Analytics Inventory Reduction Purchasing Skills 74

FreightWaves SONAR

JULY 17, 2023

Third-party supply chain and freight market data has become an important tool for retailers, manufacturers and suppliers who want to redesign their networks, improve strategic planning, benchmark their transportation spend and the service they’re getting in return, and measure the efficiency of their facilities.

Supply Chain Software 52

Supply Chain Software Supply Chain Planning Software Supply Chains Data 52

FreightWaves SONAR

FEBRUARY 9, 2021

However, looking beyond the short-term and consider freight lane -specific data can go a long way to optimizing asset allocation and avoiding these risks. Headhaul indices provide insight into the balance of inbound and outbound freight Asset allocation remains a top-of-mind subject for carriers and asset-based freight brokers alike.

Data 52

Data Freight Demo Outbound 52

FreightWaves SONAR

FEBRUARY 9, 2021

However, looking beyond the short-term and consider freight lane -specific data can go a long way to optimizing asset allocation and avoiding these risks. Headhaul indices provide insight into the balance of inbound and outbound freight Asset allocation remains a top-of-mind subject for carriers and asset-based freight brokers alike.

Data 52

Data Freight Demo Outbound 52

FreightWaves SONAR

AUGUST 13, 2024

Whether you are looking to gain more customers, increase your company revenue size or add more trailers to your fleet, SONAR has information and data to help you with these decisions. OTVI was indexed at 10,000 on January 1, 2018, so when looking at this data set, the trend of the line is more important than the actual value.

Outbound 59

Outbound Inbound Optimization Software Data 59

GlobalTranz

JULY 28, 2021

True optimization applies data to ensure all decisions and processes are carried out to their fullest potential. Leveraging data for continuous improvement makes transportation optimization more synonymous with managed transportation.

Optimal Sourcing 126

Optimal Sourcing Optimization Software Optimization Supply Chain Design Software 126

FreightWaves SONAR

MARCH 5, 2021

Should] you just figure out if it should be 5% or 6% [without data]?” 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. SONAR is near-real-time data.

Negotiating Skills 98

Negotiating Skills Modeling Software Sourcing Strategies Logistics Network Optimization Software 98

GoShip Blog

JUNE 8, 2021

As businesses become more complex and expand into the global platform, you can only imagine the number of operators, workers, services, goods, and data that go in and out of logistics hubs. To efficiently handle the supply chain, most logistics operators will use software or AI to analyze data and optimize logistics operations.

Logistics Network Optimization Software 98

Logistics Network Optimization Software Supply Chain Planning Software Optimal Sourcing Optimization Software 98

Parade

JULY 30, 2019

Traditionally, Carrier Sales Rep (CSR) managers measure and assess their Carrier Sales Reps (CSRs) based on the following metrics: Number of outbound calls. Let's suppose a CSR's outbound call target is 100 calls per day. To meet their outbound calls metric, they might even call their friends to 'fudge' the numbers.

Data 60

Data Outbound Inbound Networks 60

FreightWaves SONAR

AUGUST 22, 2023

The national Outbound Tender Volume Index (OTVI) — a measure of the electronic requests for truckload capacity from shipper to carrier — is up nearly 7% versus month-ago levels,” Zach Strickland, FreightWaves’ head of freight market intelligence, reported earlier this month. A late-summer demand spike, however, is altogether unexpected. “The

Data 52

Data Optimal Sourcing Government Price Reduction 52

FreightWaves SONAR

MAY 23, 2024

SONAR tender data and TRAC (Trusted Rate Assessment Consortium) spot rates can really set you apart from the competition when talking to your customers. All of these indices contain data as far back as 2018, enabling you to see daily changes as well as historical yearly patterns and trends. The post Where Is the Freight?

Freight 52

Freight Outbound Negotiating Skills Data 52

SYSPRO Smarter ERP

SEPTEMBER 8, 2021

This involves using real-time data and technology to get information about manufacturing processes when and where it is needed, in the form it is needed, to empower smart decisions about business operations. For example, analyzing real-time production data to uncover hidden inefficiencies and implement changes faster. Download Now.

Supply Chain Planning Software 115

Supply Chain Planning Software Supply Chain Design Software ERP Manufacturing Procurement 115

FreightWaves SONAR

MARCH 28, 2024

SONAR tickers: OTRI.CHI, OTVI.CHI, VOTLT.CHI SONAR’s brokerage customers utilize multiple data sets to determine where the greatest opportunities lie as different markets experience volatility. For example, Baltimore is seeing rejections and more outbound tenders than much of the western U.S.:

Outbound 59

Outbound Procurement Analytics Data Capacity 59

Parade

JULY 30, 2019

Traditionally, Carrier Sales Rep (CSR) managers measure and assess their Carrier Sales Reps (CSRs) based on the following metrics: Number of outbound calls. Let's suppose a CSR's outbound call target is 100 calls per day. To meet their outbound calls metric, they might even call their friends to 'fudge' the numbers.

Data 60

Data Inbound Outbound Capacity 60

Parade

JULY 30, 2019

Traditionally, Carrier Sales Rep (CSR) managers measure and assess their Carrier Sales Reps (CSRs) based on the following metrics: Number of outbound calls Number of loads booked Avg margin per load With these metrics, managers only scratch the surface. Let's suppose a CSR's outbound call target is 100 calls per day.

Data 60

Data Inbound Outbound Capacity 60