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
Organizations consider VRS and last-mile technology for the additional benefits of instant access to greater fleet capacity , increased on-time delivery and improved customer experience. How to get your copy of the Gartner® Market Guide. Using VRS helps reduce fuel costs, improve operational efficiency and increase delivery speed.
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.
The reasons for a carrier to reject the load tender are: 1) lack of trucking capacity; and 2) the rate is too low. A change in reefer trailer capacity can also help explain why capacity, in general, has changed, as those reefer trailers are not available for other types of freight. As load volumes increase, capacity tightens.
Expand your outsourced capacity base The beat of logistics follows a peak and lull cycle. 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. Request a SONAR Demo. Download the White Paper.
The examples below show you how to do this in AIMMS SC Navigator Apps, but we encourage you to study these scenarios in the tools you have at your disposal. . Demo in Network Design Navigator . Companies may not be able to adequately ramp up capacity and lose sales. Capacity shutdown in S&OP Navigator.
A poor or negative cash position can cause executives to look at how to reduce expenses to survive. For instance, working with more brokerages, asset-lite trucking companies, or even owner-operators can effectively increase carriers’ ability to outsource capacity, allowing the original carrier to fulfill its obligations to shippers.
The one exception involves contracted, dedicated fleets that lock in capacity drivers with non-compete contracts. Request a SONAR demo online to get started. Request a SONAR Demo. The post How to create a carrier scorecard that includes predictive modeling around freight market volatility appeared first on SONAR.
Parade’s approach to capacity management is different from the rest in several ways. Parade is considered the top capacity management solution by most of the supply chain industry. Reps have access to their booking metrics so that they can track their progress, set goals, and have a clear view of how to achieve those goals.
Among enterprise companies, one critical aspect of successful negotiation and capacity procurement is a better predictive outlook of both spot and contract truckload rates. Enterprise shippers naturally want to secure the most cost-effective capacity for their freight loads. Request a SONAR Demo. Request a SONAR SCI Demo.
Parade’s new feature helps brokerages find carrier capacity in every quote, even the ones they don’t use. The New Parade Feature in a Nutshell The new feature focuses on showing customers not only capacity within their current network, but also other potential capacity our system has identified. There’s no shame in it.
Parade’s new feature helps brokerages find carrier capacity in every quote, even the ones they don’t use. The New Parade Feature in a Nutshell The new feature focuses on showing customers not only capacity within their current network, but also other potential capacity our system has identified. There’s no shame in it.
Efficient fuel management can enhance route planning and capacity utilization. Read also: How to Calculate the Cost of Transport 2. Read also: What Makes Every Delivery More Efficient Than the Last How to reduce delivery costs of last-mile?
Higher reliability and capacity. When capacity is ample among trucking carriers. How to know when it’s time to rethink your intermodal versus truckload strategy And lastly, the primary factor goes back to knowing when to start considering expansion of intermodal freight use in conjunction with rebidding on existing lanes.
Shippers have been making it known that supply chain challenges stem from the difficulty securing capacity and that demand is as strong, if not stronger than it has been at any point during the COVID-19 pandemic. Even with some large ocean carriers pausing spot rates, that doesn’t mean capacity is going to be any easier to secure.
On this episode of #WithSONAR, co-hosts Luke Falasca and Kyle Taylor discuss how to automate workflows, improve service levels and expand operations for asset-based carriers. They discussed how Zaro Transportation leverages SONAR to improve and increase its business. Request a SONAR Demo.
The Covid-19 uncertainty highlighted just howcapacity-constrained the market is and how any regional disruption could set it off. However, because supply and demand can barely be predicted during this pandemic, shippers have been forced to rely on the spot market for flexibility and added capacity. Image Source: [link].
Most importantly, they will provide premium service when “freight demand outstrips available capacity,” according to Coyote Logistics. These larger networks can easily travel longer distances and get to locations when smaller freight carrier providers may struggle with either capacity or access. Request a SONAR Demo.
Today, logistics strategies rely on accurate and up-to-date data for everything from capacity planning to invoicing. Capturing, analyzing and applying data will help improve load capacity, boost delivery success rates, increase profit margins and enhance shipping insights. Request a SONAR Demo.
Figuring out how to improve annual request for proposal (RFP) bidding strategies remains elusive for many shippers, especially in the context of knowing when to expand the network to leverage freight consolidation. There is also an argument that the overall rate of capacity expansion will coincide with e-commerce growth.
And part of that includes recognizing when existing contracts fall short and when to re-enter mini-bids, significantly as capacity tightens, says the Loadstar. Consider the impact of other modes on trucking and how that will affect your shipping strategy Shippers can also benefit from the consideration of other modes of trucking.
National van truckload tender rejection rates — the percent of electronic requests for capacity declined by carriers — have exceeded 20% since early August outside of a single day in February. This indicates demand continues to outpace capacity and many of the recently implemented contracts have been unsuccessful.
Enterprise shippers need a proactive strategy to secure capacity One of the biggest challenges that shippers face remains to secure capacity. Along with this keeping, the fleet loaded to maximum capacity is essential. That is much is simple, but they also need to know how to adapt to customer wants and needs.
And despite the current challenges, carriers are already looking for ways to augment their capacity through increased access to freight broker resources and beyond. Trucking companies have been open about their capacity issues.” . Request a SONAR Demo. Bids often remain focused on high-traffic freight lanes above all else.
So let’s dive in, and figure out how to do it with Log-hub’s solutions. “ To summarize, here’s the data required for the Network Design App: Your Factories: Provide their locations, costs, and truck capacities. Next, specify your vehicles, detailing their speed, capacity, and costs. appeared first on Log-hub.
In this piece, we’ll take a look at some of the top types of supply chain disruptions, the impacts that they have on your supply chain, how to mitigate whatever risk you can and finally how you can handle supply chain disruptions once they occur and come out on top. How can you keep operations running smoothly in the interim?
and the] flexibility of your current capacity procurement plan to address shifts in demand patterns.” After all, the best-laid plans for RFP processes will fall far short when capacity crunches take hold. Reduced capacity constraints deriving from limited visibility. Request a SONAR Demo.
Dynamic Routing builds upon Service Assistant’s original Routing Assistant, giving users access to real world scenarios around time windows, technician schedules, vehicle capacity, traffic patterns and service type prioritization, allowing for true route optimization. This enables users to create the most time and cost efficient routes.
From capacity management, load tracking, invoice collection, predictive rates modeling , and overall fleet operations, data will remain essential to modeling rates and ensuring your annual trucking RFP s stay competitive. Carrier capacity can easily expand with fewer empty drive miles. Capacity load data statistics.
If you really want to understand the market’s rate direction, you must understand how supply and demand is structured. I often hear people that speak of supply (capacity) or demand (freight volume) refer to either one as if that explains pricing alone, when in practice, you must understand how each dynamic moves separately.
And it’s critical to know how to apply these practices correctly. . National Carriers – These more extensive networks will help management secure capacity on trucks that can travel greater distances. Create the right balance between spot and contract capacity. Think about your business model and carrier type.
Rather, it focuses on establishing standards for all costs that come with all loads and how those costs move over time. Let’s take a closer look at how such an analysis provides more actionable insights that help shippers find and leverage meaningful capacity. Request a SONAR Demo.
Increased visibility of freight scheduling through blockchain is one of the ways blockchain may impact and benefit logistics, especially as it relates to wasted capacity. According to Michelle Fox of CNBC , wasted capacity occurs when drivers or shippers are unaware of available loads in the vicinity.
The answer to this question goes back to the ability to put customer service first and foremost and recognize what existing contract freight rates are within an individual lane or location and how to apply that data to make an informed decision. Request a FreightWaves SONAR SCI Lane Acuity demo to get started or by clicking the button below.
And it’s equally important to know the top 10 challenges for shippers in negotiating trucking contracts like limited headhaul insight and how to overcome them. Still, if the carrier loses drivers, there is nothing a shipper can do to secure more capacity during peaking asset demand periods. Request a SONAR Demo.
As reported by Redwood Logistics , “As technology continues to improve our ability to gather data in near real-time, businesses are left with the task of figuring out how to leverage this data and apply it to intelligent business decisions. To learn more, request a FreightWaves SONAR demo by clicking the button below now.
SONAR Lane Acuity Plus provides lane-level insight into market stability and rate benchmarking , helping participants identify freight rate and capacity risk on a lane. . The higher the stability score, the more consistent the rate and capacity are on a given lane, resulting in a consistently high rate of tender acceptance.
The key drivers contributing to this rise in the cost of fulfillment are: Demand for quicker fulfillment Rising complexities of e-commerce logistics like returns The dire need to increase capacity to meet growing demand What do customers expect from D2C and omnichannel retailers? Schedule a demo with us!
The examples below show you how to do this in AIMMS SC Navigator Apps, but we encourage you to study these scenarios in the tools you have at your disposal. . Demo in Network Design Navigator . Companies may not be able to adequately ramp up capacity and lose sales. Capacity shutdown in S&OP Navigator.
When implementing omnichannel retailing, the biggest question that arises for retailers is how to reorganize their last-mile logistics. This includes real-time tracking, route planning, parcel sortation, capacity management, slot management, order management, and analytical insights. Schedule Demo.
Less-than-ideal collaboration between shippers and carriers to manage capacity needs. Get in touch with RPA Labs today for a free demo to see how to quickly enhance the accuracy of orders, shipments, and inventory in your network. . Ineffective tracking updates and communications about delivery ETAs.
Want to know how to control transportation costs, and make each delivery profitable? How to calculate the transport cost in logistics? Schedule a Demo References: [link] The post How to Calculate the Cost of Transport appeared first on Locus Blog. Click this!
Want to know how to control transportation costs, and make each delivery profitable? How to calculate the transport cost in logistics? Schedule a Demo References: [link] The post How to Calculate the Cost of Transport appeared first on Locus Blog. Click this!
An ideal driver-assist application offers precise, turn-by-turn guidance, taking into account diverse parameters such as route limitations, regional laws, vehicle load capacity, and current traffic scenarios. Schedule a Demo The post How to leverage human productivity to improve SLA adherence? appeared first on Locus Blog.
Do I know how to quickly find extra capacity, and how to re-allocate demand in a cost optimal manner? I’d be happy to show you how it works. Contact us for a demo if you’d like to learn more. Or do I design my network to be able to flex between different import tariff regimes?
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