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.

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White Paper Freight Demo Maritime 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

Transporeon

FEBRUARY 12, 2019

And just in time: We’ve seen some interesting bidding trends over the last year or so, especially in the domestic trucking industry, where: 2017-2018’s lack of trucking capacity—a large part of shippers’ bidding activity—meant shippers went to bid not only earlier, but in much greater volume than previous years (a 15% YOY increase in 2018).

Optimization Software 48

Optimization Software Modeling Software Logistics Network Optimization Software Optimal Sourcing 48

Transporeon

FEBRUARY 12, 2019

And just in time: We’ve seen some interesting bidding trends over the last year or so, especially in the domestic trucking industry, where: 2017-2018’s lack of trucking capacity—a large part of shippers’ bidding activity—meant shippers went to bid not only earlier, but in much greater volume than previous years (a 15% YOY increase in 2018).

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Optimization Software Modeling Software Logistics Network Optimization Software Optimal Sourcing 48

FreightWaves SONAR

MARCH 25, 2021

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.

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Scenario Planning Data Logistics Network Optimization Software Demo 98

FreightWaves SONAR

NOVEMBER 19, 2020

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. AI and machine learning enable predictive everything – the hallmark of real supply chain intelligence. But this is 2020.

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Supply Chain Software Supply Chains Scenario Planning Sourcing Strategies 105

FreightWaves SONAR

MARCH 15, 2021

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. harder to procure capacity at the benchmark rate per mile ) in both the outbound and inbound directions. Knowing the trends of the lanes can help widen their margins. .

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Optimal Sourcing Procurement Analytics Procurement Solutions Procurement 98

FreightWaves SONAR

APRIL 30, 2024

National market trends are good for understanding where we are in any given freight cycle, but they say little about specific markets where companies operate daily or need to plan around in the future. Understanding this, SONAR provides a plethora of tools and insights around both individual market granularities and national trends.

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Outbound Trends Demo Tools 64

FreightWaves SONAR

APRIL 8, 2021

Managers of carrier relations representatives can set alerts for when these trends start to change, but with an increase in rates this high, your strategy should be focused on contracting these carriers to a more sustainable rate (if they are even willing to have that discussion). .

Negotiating Skills 95

Negotiating Skills Freight Price Reduction Outbound 95

FreightWaves SONAR

MARCH 5, 2021

Lane Signal considers the following indices: Outbound Tender Volume Index Outbound Tender Rejection Index Headhaul Index for both origin and destination Inbound Tender Volume Index Inbound Tender Rejection Index. Send them a screenshot, like the one below, to let them know the current rate trends.

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Negotiating Skills Modeling Software Sourcing Strategies Logistics Network Optimization Software 98

Logistics Bureau

DECEMBER 22, 2024

Fill Rate (Order Fill, Line Fill, Unit Fill) While fill rate might be one of the components making up your perfect order KPI, it’s not a bad idea to keep track of order fill and line fill as KPIs in their own right, especially if in full performance is not trending above 98%. Use weekly, monthly, and year-on-year data for your analysis.

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Supply Chains Procurement Analytics Inventory Reduction Purchasing Skills 74

FreightWaves SONAR

MAY 30, 2024

If you were able to see current capacity trends, it would be much easier to understand if you were able to push the rate down or move on to another interested carrier to secure the best rate. For brokers, the Market Conditions map helps identify which outbound markets are showing overall increases in rates.

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Tools Negotiating Skills Freight Outbound 59

FreightWaves SONAR

MAY 23, 2024

The core SONAR tender indices — Outbound Tender Volume Index, Outbound Tender Reject Index, Outbound Tender Market Share and Headhaul Index — are four primary data sets you can use on a daily basis to make better decisions. The OTRI data set shows the percentage of freight that is being rejected outbound from a given market.

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Freight Outbound Negotiating Skills Data 52

FreightWaves SONAR

APRIL 4, 2024

For instance, by tracking outbound tender volumes and rejections across each KMA, logistics experts can gauge fluctuations in supply and demand across the entire market. Curious about how KMA trends can inform an effective supply chain strategy? Reach out to our team to learn more.

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Supply Chains Optimal Sourcing Freight Outbound 52

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. Including those bookings leaving Vietnam in the next seven days, the index has dipped to its lowest level since late February.

Freight 98

Freight Supply Chain Planning Software Outbound Manufacturing Procurement 98

FreightWaves SONAR

MARCH 18, 2021

Seeing that trend indicates increased manufacturing or distribution activity, typical for the flurry of activity that accompanies spring. And lane-by-lane insights are critical to account for that disruption among raw material suppliers and the flow of outbound freight. Download the White Paper.

Manufacturing Procurement 91

Manufacturing Procurement Supply Chain Planning Software Supply Chain Software Supply Chains 91

GlobalTranz

SEPTEMBER 16, 2016

Editor's Note: Today's blog is a guest blog by our friends at 2 Flow. In this blog, they discuss everything you need to know about a 3PL business. What is 3PL? There are several definitions of 3PL. These include: . Professional Service. Responsiveness. Types Of 3PL Providers.

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3PL Logistics Network Optimization Software Supply Chain Planning Software Supply Chain Software 101

GlobalTranz

MAY 12, 2021

3PLs should provide cost prediction model intelligence on pricing and market trends via a live dashboard to help shippers adapt to rapidly changing market conditions, automate processes, and gain visibility. Pricing may vary significantly based on carriers, lanes and capacity constraints. Multi-modal Expertise. Supply Chain Transformation.

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Supply Chain Software Supply Chain Planning Software 3PL Supply Chains 114

FreightWaves SONAR

APRIL 25, 2023

When operating minibids or short-term RFPs, or when pricing individual loads, it is important to understand the directional movement of freight trends in order to be proactive in your pricing strategy. New features are available in Market Dashboard+ that help users quickly identify trends and market movement.

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Negotiating Skills Price Reduction Supply Chain Planning Software Outbound 52

Logistics Bureau

JULY 18, 2022

As you’ll know, if you follow our blog regularly, Logistics Bureau does a great deal of work related to supply chain strategy development and alignment. Another thing we talk about quite often on our blog is how companies often misjudge the needs and preferences of their customers. Step 1: What do Your Customers Want?

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Inventory Reduction Resource Reduction Vendor Strategies Cost Reduction 98

SYSPRO Smarter ERP

NOVEMBER 3, 2021

Another methodology is the Porter’s Value Chain Framework, which comprises of inbound logistics, operations, outbound logistics, sales, and service. This is usually accomplished by using statistical sampling of all incoming materials that can produce charts to show the quality trends over time. Outbound KPIs. Manufacturing KPIs.

Manufacturing Procurement 105

Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software Supply Chain Design 105

GlobalTranz

OCTOBER 27, 2021

Download the White Paper: Over the Road Freight Management Trends. Freight consolidation and network diversification can help supply chains in these ways: Excess capacity for inbound in one market versus excess outbound can result in better management practices and protocols, along with higher success rates in tight markets.

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Sourcing Strategies Optimal Sourcing Efficiency Networks 79

FreightWaves SONAR

AUGUST 13, 2024

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. When the HAUL value for a market is positive, that means more outbound freight is being tendered out of that market than inbound freight being tendered into that market.

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Outbound Inbound Optimization Software Data 59

GlobalTranz

FEBRUARY 7, 2018

We expand upon the supply chain technology trends we spoke about in the first part of this blog series, but let’s take a look at 5 more supply chain tech trends that will shape 2018. WHITE PAPER] The Top Supply Chain Trends that Will Impact Supply Chain Management in 2018. Download white paper.

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Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Technology 68

Transporeon

SEPTEMBER 20, 2018

Demand for both outbound and inbound freight remains highest in the Southeast, Texas and Upper Midwest regions, with demand outpacing available carrier capacity. Key Trends in Transport Logistics , RWTH Aachen University & Transporeon). Nearly half of U.S. Shippers should digitally network with transportation service providers.

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Price Reduction Cost Reduction Resource Reduction Capacity 101

FreightWaves SONAR

JUNE 27, 2024

This breaks a trend of nearly two years of low volatility for the region. The Southeastern region is the second-largest outbound region for freight in the U.S., The largest outbound market is Atlanta. Atlanta, the regional hub, has been the nation’s second-largest outbound market in 2024, accounting for roughly 3.4%

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Capacity Outbound Trucking Inbound 52

Blue Grace Logistics

SEPTEMBER 2, 2021

A leading indicator, Truckstop.com’s outbound tender rejection index (OTRI), currently stands at 22.48. Carriers are benefitting from this trend by eliminating more phone calls, emails and manual steps to secure loads. To read the entire blog visit BlueGrace Logistics. Just how tight is it? The normal market rate is 5%.

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Logistics Network Optimization Software Supply Chain Software Tools Capacity 62

GoShip Blog

MAY 12, 2020

With that being said, making estimates on average delivery times both inbound and outbound can help set realistic expectations for your customers and your business. As the customer demand grows, keep an eye on how the pace of this demand increases and pay attention to the new trends in customer behavior. Supply and demand balance.

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Vendor Strategies Inventory Reduction How To Strategy 69

FreightWaves SONAR

DECEMBER 7, 2020

Consequently, you can determine which are likely to create more outbound truckload and intermodal volumes. This is also a major indicator of long-term trends in how shippers are routing their shipments into the U.S. ports are trending in terms of volume. This can be important when trying to distinguish how U.S.

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Freight Maritime Trends Outbound 81

FreightWaves SONAR

AUGUST 13, 2024

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. When the HAUL value for a market is positive, that means more outbound freight is being tendered out of that market than inbound freight being tendered into that market.

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Outbound Inbound Optimization Software Data 52

GlobalTranz

FEBRUARY 2, 2015

In a VMI model, part of the equation is the inbound & outbound flow of the inventory. Each blog post written is distributed into groups that reach the supply chain community as well as professionals in manufacturing, transportation, distribution, and more. Editor’s Note: Cerasis is a 3PL focused on transportation management.

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Vendor Strategies Inventory Reduction Modeling Software Inventory 94

FreightWaves SONAR

MARCH 12, 2024

But seasonal trends continue after Thanksgiving, with orders cut for springtime seasonal shipments before much of Southeast Asia shuts down for at least a week for Lunar New Year in late January/early February. By following maritime data and pairing it with multimodal domestic trends (volumes, rejections, etc.),

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Trends Inventory Reduction Cost Reduction Ordering 64

FreightWaves SONAR

FEBRUARY 24, 2021

Prioritizing moves based on inbound and outbound data trends. And to help carriers achieve that goal, this white paper will explore a few best practices to reduce operating costs, including: The importance of meaningful data capture. Industry expert guidance as a best practice. Tracking and applying equipment data insights.

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White Paper Cost Reduction Price Reduction Supply Chain Software 52

FreightWaves SONAR

APRIL 8, 2021

Trends come and go, needs wax and wane, and the one thing that stays the same is the reality that everything changes. Accurate and up-to-date data remains the best way to ensure everything runs as smoothly as possible. Identify hot versus cooling markets The market constantly changes as demands shift and service availability rises and falls.

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Optimization Software Optimization Data Supply Chain Planning Software 98

FreightWaves SONAR

FEBRUARY 8, 2021

With that in mind, carriers of all sizes must consider the average inbound and outbound volumes, when to reject or accept freight loads , the standard rates expected within individual markets and how global trade will inevitably impact the U.S. As the industry moves past the anniversary of the initial U.S. trucking market.

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Price Reduction Freight Resource Reduction White Paper 94

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.

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Negotiating Skills Data Freight Inbound 52

FreightWaves SONAR

JANUARY 5, 2021

And if wait times do grow too long, carriers can turn to freight data to show general trends and bill detention charges accordingly. After all, trends, lane shifts, throughput and transparency data can now be used to make more hauls and avoid unexpected costs or delays. . It contributes to and improves overall customer satisfaction.

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Cost Reduction Waste Reduction Expense Reduction Price Reduction 105