GlobalTranz

DECEMBER 30, 2021

Before we close the curtains on 2021, we thought we’d revisit ten of our most popular blog posts that resonated with our readers, capturing the challenges and opportunities of an unparalleled year of disruption across the supply chain. Without further ado, here are GlobalTranz’s top posts of 2021: #1.

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Blog Cost Reduction Resource Reduction Supply Chain Planning Software 95

FreightWaves SONAR

MARCH 8, 2021

The digital age has presented a wealth of opportunities for the over the road trucking market. The abundant data sources can make the process of assessing the market more difficult than necessary. Shippers and carriers should make more definitive decisions in selecting their data sources.

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Sourcing Strategies Optimal Sourcing Sourcing Data 98

FreightWaves SONAR

FEBRUARY 4, 2021

Trucking capacity is tight, and deadheading is the precursor of even stricter capacity. Fortunately, smart data utilization can help reduce deadheading occurrences and make the entire supply chain more profitable. The problem of deadheading in trucking. Data helps to ensure carriers make crucial accept versus reject decisions.

Waste Reduction 98

Waste Reduction Data Expense Reduction Cost Reduction 98

FreightWaves SONAR

MARCH 16, 2021

Mapping the trucking market assists freight market participants with a flurry of benefits. Companies with access to accurate near-real-time data not only improve their operations; they also gain the ability to depict the current state of the trucking market. These accurate depictions of the market come from the tracking of data.

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Expense Reduction Price Reduction Data Capacity 93

Blue Grace Logistics

OCTOBER 11, 2024

Some areas in Florida have shelter-in-place orders, likely limiting available trucking capacity and shipper operations throughout the end of the week. Now those trucks are not where they thought they were going to be, so now we have to find other trucks there. It stayed, and it’s helping.

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Supply Chains Optimal Sourcing 3PL Freight 118

3PL Insights

SEPTEMBER 20, 2021

The American Trucking Association is the largest trade association representing the trucking industry in the U.S. In 1973, the ATA introduced the Truck Tonnage Index, a monthly estimation of the total weight of freight transported by truck in the United States. Data Collection. Importance of Tonnage.

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Trucking White Paper Procurement Analytics Trends 92

FreightWaves SONAR

FEBRUARY 17, 2021

On this episode of #WithSONAR, current SONAR subscriber Greg Morrow, the Director of Operations for ARL Logistics , discusses the importance of using data to grow and strengthen carrier and customer relationships with co-hosts Kyle Taylor and Luke Falasca. SONAR provides that data. ARL shows them “the why behind the what.”

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Video Data Freight White Paper 98

ECW

APRIL 3, 2025

When a truck is forced to wait at the warehouse gate, detention charges follow. Your drayage partner has visibility into warehouse capacity and congestion , so trucks arent dispatched into logjams. No more paying overtime because a truck showed up late and unannounced. Heres what happens when the two work in sync: 1.

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Supply Chain Planning Software Supply Chain Design Software Warehousing Supply Chain Design 130

FreightWaves SONAR

FEBRUARY 16, 2021

Truck fleet management has always been intensely focused on knowledge of the freight market. A clear vision for how the market and the fleet can work in unison is at the heart of fleet management within the trucking industry. Streamline data capture and analysis. Supply chains exist as data-driven entities.

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Supply Chain Software Trucking Expense Reduction Resource Reduction 98

GlobalTranz

MARCH 1, 2021

To reap the rewards of a data-driven e-commerce returns strategy, logistics leaders should follow these steps: Keep all stakeholders working together and sharing the right information with related communications via API-integrated systems. Continuously measure performance with returns key performance indicators.

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Cost Reduction Resource Reduction Optimization Software Strategy 114

FreightWaves SONAR

MARCH 11, 2021

According to Richard Howells of Forbes , the 2020 Oxford Economics survey found “49% of supply chain leaders (the top 12 % of respondents) can capture real-time data insights and act on them immediately, while 51% use AI and predictive analytics to capture insights. Freight market data size consistency matters.

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Optimal Sourcing Data Procurement Freight 98

FreightWaves SONAR

APRIL 2, 2021

(Graphics created by Emily Ricks) There are ample opportunities to take advantage of spot versus contract freight data insights. Consider this; as reported by Louis Columbus of Forbes , “Machine learning algorithms and the apps running them are capable of analyzing large, diverse data sets fast, improving demand forecasting accuracy.”

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Purchasing Skills Optimal Sourcing Sourcing Data 98

FreightWaves SONAR

FEBRUARY 15, 2021

In this edition of “SONAR Indices & Insights,” the SONAR team showcases several operational-focused indices to aid asset-lite and asset-based carriers build trucking KPIs that will inform decisions that yield higher profit margins for those who run a trucking business. OPRAT is segmented into dry van, reefer and flatbed carriers.

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Trucking Expense Reduction Operations Purchasing Skills 98

FreightWaves SONAR

MARCH 16, 2021

Data analytics for logistics can make all the difference in the world when it comes to reefer truckload service delivery efficiency. However, the data [that powers them] hasn’t previously been utilized to its full capacity until recently.” Take the example of RCRPMF.USA in the image. last year and $2.19 the year prior.

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Data Supply Chain Software Efficiency Logistics Network Optimization Software 97

GlobalTranz

SEPTEMBER 23, 2021

The state of the trucking market in 2021 is uncertain, filled with risk, and continues to evolve, making logistics management challenging.? Let’s consider these top factors affecting the trucking market, their implications on supply chains and how they are driving change within the industry. . That’s an astonishing $933.30

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Optimal Sourcing Supply Chain Planning Software Supply Chain Software Negotiating Skills 123

FreightWaves SONAR

SEPTEMBER 3, 2021

The FreightWaves SONAR Supply Chain Intelligence (SCI) platform now features emissions calculations that are compliant with the GLEC Framework, deepening its carbon intelligence data. SONAR SCI also has rate benchmarking and network analysis capabilities, making it a one-stop shop for measuring trucking network effectiveness.

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Optimal Sourcing Data Logistics Network Optimization Software Supply Chains 94

FreightWaves SONAR

JANUARY 5, 2021

Control over trucking freight rating remains a blip for many carriers, particularly owner-operators and those trying to manage the chaos of a pandemic-stressed industry. Quite simply, freight rating challenges are not a problem limited to trucking carriers. Now, the industry is changing yet again.

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Data Price Reduction Freight Resource Reduction 88

FreightWaves SONAR

JANUARY 21, 2021

Are you using your trucking assets as efficiently as possible? The needs to improve fleet asset utilization and to maintain better control over trucking costs are absolute. Loads per truck per week – Knowing these ratios will help highlight potential missed load opportunities within the network.

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Data Sourcing Strategies Tips Optimal Sourcing 98

FreightWaves SONAR

MARCH 30, 2021

Maintaining good compliance to these informational guides is critical to supply chain management and relies heavily on current data and automation. Missing data amounts to inevitable routing guide failures Data is king in today’s ever-changing market, and it is only becoming more vital for supply chain operations and management.

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Compliance Supply Chain Software Supply Chain Planning Software Data 98

FreightWaves SONAR

FEBRUARY 10, 2021

Many of the most beneficial tools come from the utilization of data and analytics. Data and analytics provide carriers with an incredible wealth of information that has proven to bolster revenue and profits. How carriers create data-driven pricing strategies. The use of analytics to proactively handle route optimization.

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White Paper Optimization Software Data Price Reduction 98

FreightWaves SONAR

JANUARY 11, 2021

In this edition of “SONAR Indices & Insights,” the SONAR team showcases several truck driver indices full of transportation data to aid carriers in staying ahead of any potential truck driver shortage within SONAR, the freight forecasting platform from FreightWaves. Truck to Driver Ratio (TDRAT).

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Trucking Procurement Analytics Modeling Software Demo 97

FreightWaves SONAR

NOVEMBER 16, 2020

“What’s the best way to use data to beat your competition as a freight brokerage business?” Nevertheless, it all adds up to a greater demand for integrated systems and real-time data. Furthermore, real-time data and SaaS-based resources have additional value in the form of enabling management by exception.

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Modeling Software Logistics Network Optimization Software Supply Chain Software Data 106

FreightWaves SONAR

JANUARY 7, 2021

KCH Transportation has a trucking division and a brokerage service. It is headquartered in the Atlanta suburb of Woodstock, Georgia, and its fleet of 100 company trucks is based out of Atlanta. Making data-driven decisions easier and more effective. “We View the Full Case Study. Faster quoting for spot loads. Peter Lovell.

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Case Study Data Transportation Study 98

FreightWaves SONAR

FEBRUARY 11, 2021

Benchmarking standards within trucking fleets are continuously changing. As reported by DC Velocity , “the 2020 Fleet Advantage Industry Benchmark Survey noted, “11% of transportation fleets estimate they have saved more than $1 million in crash avoidance by upgrading to newer trucks with advanced safety features.”

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Procurement Analytics Trucking Optimization Software Operations 98

FreightWaves SONAR

AUGUST 13, 2021

Shippers hoping for trucking rate relief in 2022 are going to be severely disappointed. The trucking freight market is one of the most volatile markets on the planet, especially since 2014. Before we talk about 2022, let’s give a quick primer on how supply and demand work in trucking. What is causing these massive swings?

Manufacturing Procurement 98

Manufacturing Procurement Trucking Purchasing Skills Ordering 98

FreightWaves SONAR

DECEMBER 30, 2020

Data-driven transportation management , including the checks and reviews that accompany healthy data management practices, are part of the process of getting the most out of the tech stack. Throughout the supply chain, data-driven transportation management’s success is only as good as the data quality and integrity in use.

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Supply Chain Planning Software Data Supply Chain Software Transportation 98

FreightWaves SONAR

APRIL 12, 2021

Data access and analysis continue to be essential to competitive operations within the process of monitoring rates and expenses in intermodal shipping lanes. Data access to see savings compared to truckload and other shipping methods. Data accuracy can and does impact freight transportation in a significant way.

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Availability Data Supply Chain Planning Software Freight 98

FreightWaves SONAR

DECEMBER 22, 2020

With that in mind, the trucking RFP has come into play as a more significant undertaking for 2021 contracts as the freight market saw volatility in 2020 on the spot market due to historic tender rejections and volumes adding to increased prices. A confident, data-driven trucking RFP undertaking can make a big difference in freight spend.

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Optimization Software Optimization Tips Price Reduction 105

FreightWaves SONAR

MARCH 9, 2021

These short-haul trucks deliver FTL or LTL freight loads between one form of transport and another.” H aving access to real-time freight data and being able to make good use of it is essential for global trade and maritime shipping. The post BCOs and drayage planning: How global retailers apply data appeared first on SONAR.

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FreightWaves SONAR

MARCH 14, 2024

Much has been made in recent weeks about supply chain data providers changing historical metrics. Well, maybe you should, since it’s the title of the blog…DATA INTEGRITY MATTERS! SONAR isn’t yet the longest-running or most-used data source in the trucking world (but we’re getting there!).

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Data Supply Chain Software Blog Supply Chains 59

FreightWaves SONAR

DECEMBER 28, 2020

When it comes to planning RFPs and figuring out which carrier partnerships to pursue, shipping managers need to be aware of the various trucking carriers with availability. The value of diverse trucking carriers. Each provider offers unique services, coverages and perks depending on the trucking contract and carrier type.

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Waste Reduction Trucking Cost Reduction White Paper 105

FreightWaves SONAR

FEBRUARY 25, 2021

But knowing what’s happening based on historic, peer and market data can help shippers figure out how carriers price freight loads. Here are a few things managers need to keep in mind when working with real-time freight data for pricing purposes. . This factor plays into net revenue per truck per week as well.

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Negotiating Skills Price Reduction Expense Reduction Data 92

FreightWaves SONAR

MARCH 22, 2021

Big data and predictive freight rates in the digital supply chain are nothing new. Nearly all shippers, brokers and carriers collect and use data to derive insights, including predictive rates. Unfortunately, the most robust applications of that data will quickly diminish in value as data ages. Download the White Paper.

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Data Negotiating Skills Freight Resource Reduction 98

FreightWaves SONAR

FEBRUARY 18, 2021

Many asset-based carriers utilize freight broker and data technology to recruit truck drivers and reel in new talent. Recruiting truck drivers is not only the top challenge for carriers, but it will always remain one of the highest priorities. The truck driver shortage and its relationship to the capacity crunch.

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Waste Reduction Trucking Freight Optimization Software 97

FreightWaves SONAR

MARCH 1, 2021

Asset-based trucking leads to several inevitable challenges. These asset-based trucking challenges appear in many various forms and can lead to major expenses, which may cripple and impair any business. Pricing alignment makes for one of the more complicated challenges for asset-based trucking. Pricing alignment.

Expense Reduction 98

Expense Reduction Price Reduction Trucking Cost Reduction 98

FreightWaves SONAR

JANUARY 25, 2021

And the overall industry trucking trends imply an absolute need to grow more strategically. It is a challenge for many shippers and carriers to know where they should put their focus and where the data directs them to go. Why outdated data hurts carriers in the short- and long-term. Download the White Paper.

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Price Reduction Data Supply Chain Software Supply Chain Planning Software 86

FreightWaves SONAR

JANUARY 25, 2021

In this edition of “SONAR Indices & Insights,” the SONAR team showcases several mileage-focused indices to aid carriers to build trucking KPIs that will inform decisions to optimize fleet utilization among other freight KPIs. Miles per Truck per Week (MILTR). Miles per Truck per Week (MILTR). Loaded Miles (%) (LOADM).

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Optimization Software Optimization Trucking Expense Reduction 98