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Watch Trimble’s Engage Lane Demo from Future of Freight Festival 2022

Trimble

During the event, Rishi Mehra, director of operations and strategy, and Kelly Williams, product manager, had just seven minutes to present a Rapid-Fire Demo of Engage Lane: an agile transportation procurement platform that streamlines the relationship between carriers and shippers and helps them uncover better ways to move freight.

Demo 52
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Cracks in Trucking Capacity Show Up in the South

FreightWaves SONAR

The significance of this region’s having the most elevated rejection rates is simply that it is breaking a multiyear pattern of relatively loose capacity conditions and minimal volatility. While capacity remains abundant in the domestic freight market, the flow of freight is not balanced. To request a SONAR demo, click here.

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Mapping the trucking market: How data tracks freight economy, rates, capacity, volumes and rejections

FreightWaves SONAR

That information then leads to improved rates, capacity, and several other benefits. And it’s part of the reason that more enterprises are considering the historical accuracy of analytics, particularly freight rates, such as the exact findings presented by the newer FreightWaves Scientific tickers. Request a SONAR Demo.

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[Chart of the Week] Produce season comes early: February storm aftermath causes reefer capacity crunch ahead of schedule

FreightWaves SONAR

As dry van capacity has somewhat started to recover, reefer capacity has become even more scarce as national reefer rejection rates once again hit an all-time high, topping 50% this past week. Somewhat surprisingly, this capacity crunch is located largely in areas that the storm did not directly affect, such as Southern California.

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LTL Freight Rates: Using data to improve annual contract negotiations

FreightWaves SONAR

With the proper use of data and freight analytics , contract procurement and securing capacity can be enhanced. Lacking data promotes trouble in annual contract capacity procurement during times of volatility. Using analytics will save time and help avoid problems securing LTL freight rates and capacities by pointing out opportunities.

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How LTL shipping rates work and how to track trends developing in long-term pricing agreements

FreightWaves SONAR

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.

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[Chart of the Week] Transportation costs keep rising as service deteriorates: Carrier trucking compliance levels drop below 75% while rates increase 6% in February

FreightWaves SONAR

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.