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[INFOGRAPHIC] FreightWaves SONAR spot freight market data sources

FreightWaves SONAR

Spot freight provides a short-term way to source capacity and boost procurement outside of contracted rates whether TL or LTL. So let’s take a closer look at the top spot freight market data analytics sources that power SONAR. Electronic tender data The first and perhaps the most important data source is electronic tender data.

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Why data source matters to accurately and objectively assess the over the road trucking market

FreightWaves SONAR

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. Because data sources matter to assess accurately and objectively the over the road trucking market. . Download the White Paper.

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Responding to Supply Chain Disruption Amid COVID-19

AIMMS

There is a strategic incentive in understanding the optimal sourcing location for specific customers, and the optimal sourcing location for different resources. Study 3: Identify Optimal Sourcing Locations . Demo in Network Design Navigator . Study 5: Refine Capacity Smoothing (click to view demo and more information)

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From HMPV to Resilience: Why Future-Ready Supply Chains Are Critical Now

Locus

Companies relying on lean inventory models or single-region sourcing are particularly exposed. Diversify Supply Chains Moving away from single-region sourcing reduces vulnerability. Chat with our experts and book your demo now. Challenges for Businesses 1.

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[Chart of the Week] Will intermodal freight cost advantage be enough to grow beyond 2021

FreightWaves SONAR

While there are always threats of companies sourcing from different places, the impacts to bottom lines in 2020 have increased the need for alternative sourcing, like switching from truckload to intermodal freight or vice versa, in order to mitigate risks to inventory levels. Request a SONAR Demo. Request a SONAR SCI Demo.

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[WHITE PAPER] How to measure freight data analytics value and why backtesting proves it

FreightWaves SONAR

In other words, supply chain leaders need to validate and measure the success (read “accuracy”) of data source analytics and how well they stack up to the observed market conditions. Request a SONAR Demo. In fact, that’s where the value of FreightWaves Scientific Indices and Intermodal Contract Savings Indices is most apparent.

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#WithSONAR – We Told You So (w/ video)

FreightWaves SONAR

Watch the episode below: SONAR tracks daily activities in the domestic and global freight markets, with data generated from thousands of exclusive sources with more than $200 billion of contract freight transactions. Request a SONAR Demo. SONAR offers historical and current freight rate, demand and capacity index data across all modes.

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