FreightWaves SONAR

NOVEMBER 19, 2020

Global supply chains suffer from limited visibility and a general want for supply chain intelligence in carrier sourcing , freight tendering and all other processes. Of course, no disruption comes close to those that have been experienced to date in 2020. Poor supply chain visibility remains a top problem for most supply chains.

Supply Chain Software 105

Supply Chain Software Supply Chains Scenario Planning Sourcing Strategies 105

FreightWaves SONAR

APRIL 13, 2021

With the proper use of data and freight analytics , contract procurement and securing capacity can be enhanced. Freight consolidation (commonly referred to as retail consolidation, or simply consolidation) is not a new concept. Those are the founding principles behind SONAR SCI Lane Acuity.

Negotiating Skills 97

Negotiating Skills Optimal Sourcing Sourcing Strategies Data 97

FreightWaves SONAR

MARCH 12, 2021

Monitoring freight market activity is an integral part of supply chains. Industry-wide and granular freight market data capture capabilities When capturing data from the freight market, carriers need to collect it from every available market and use this information to make improvements for their companies.

Supply Chain Software 97

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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.

Data 88

Data Price Reduction Freight Resource Reduction 88

FreightWaves SONAR

FEBRUARY 18, 2021

Many asset-based carriers utilize freight broker and data technology to recruit truck drivers and reel in new talent. It is considerably more important to find talent quickly to fill the ever-growing needs of the freight and shipping industry. In turn, that slows down contract freight and reduces how much contracted truckers earn.

Waste Reduction 97

Waste Reduction Trucking Freight Optimization Software 97

FreightWaves SONAR

JANUARY 14, 2021

Finding a balance between spot freight and contract freight remains a top priority for freight managers, shippers, brokers and carriers alike. While spot rates are generally more indicative of market conditions right now, they are not necessarily the best way to move the most freight. Download the White Paper.

Freight 90

Freight Supply Chain Software Supply Chain Planning Software White Paper 90

FreightWaves SONAR

NOVEMBER 25, 2020

For those who are seeking how to be a successful freight broker, they should first look at how they can make themselves stand out. Differentiation for freight brokers is often difficult to achieve. And then there are the different freight broker business models. 3 Tips on How to Be a Successful Freight Broker.

Tips 105

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FreightWaves SONAR

JANUARY 29, 2021

(Graphics created by Emily Ricks) Understanding the nuances between freight carriers ’ business models can be confusing at best. Of course, it’s important to recognize that these categories are not identical to the four trucking carrier types. Non-asset-based freight carriers do not own their equipment.

Modeling Software 85

Modeling Software Modeling Freight Logistics Network Optimization Software 85

FreightWaves SONAR

FEBRUARY 25, 2021

A certain level of fees and freight rating expenses are standard in shipping and transportation. However, the sheer amount of fees applied in the process to price freight for a load can amount to quite a hefty sum. . ” This means knowing how a carrier or shipper approaches freight pricing. .”

Negotiating Skills 92

Negotiating Skills Price Reduction Expense Reduction Data 92

FreightWaves SONAR

JANUARY 21, 2021

And of course, it hinges on the ability to understand and maintain consistency in your metrics. . Staying focused on goal-oriented freight KPIs can go a long way to help. The biggest barrier to efficiency in supply chain agility rests with an inability to see, capture or analyze freight data.

Data 98

Data Sourcing Strategies Tips Optimal Sourcing 98

FreightWaves SONAR

FEBRUARY 16, 2021

Truck fleet management has always been intensely focused on knowledge of the freight market. Of course, that all depends on seeing the activities that are occurring, benchmarking current carrier operations and continuously improving. And freight KPIs can serve as a valuable tool for freight market intelligence.

Supply Chain Software 98

Supply Chain Software Trucking Expense Reduction Resource Reduction 98

FreightWaves SONAR

NOVEMBER 24, 2020

Market dynamics of freight management can turn on a dime. Simultaneously, shippers must realize market volatility and other factors contribute to higher freight spend and uncertainty. Seeing market volatility and conditions at any point will inevitably allow shippers to recognize when freight spend will shift.

Data 105

Data Supply Chain Planning Software Resource Reduction White Paper 105

FreightWaves SONAR

FEBRUARY 4, 2021

Waste matters in the shipping industry because every instance leads to higher freight costs. By utilizing effective trucking RFP protocols, freight managers can ensure trucks stay filled on every leg of every trip. Of course, carriers want their transportation networks to be as profitable as possible.

Waste Reduction 98

Waste Reduction Data Expense Reduction Cost Reduction 98

FreightWaves SONAR

FEBRUARY 11, 2021

However, enterprise shippers can make a comeback by implementing smart truckload shipping strategies by retooling and putting freight forecasting power to work. Using digital freight matching platforms is the best strategy to secure meaningful and practical capacity. Freight transport cost per shipment. Customer satisfaction.

Sourcing Strategies 98

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FreightWaves SONAR

APRIL 8, 2021

That insight into how freight logistics and optimization rely on data and understanding the full picture is critical to making the best improvements in supply chain route optimization too. Freight management represents a vital part of market adaptability. Request your demos below. Request a SONAR Demo.

Optimization Software 98

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FreightWaves SONAR

MARCH 30, 2021

These guides feature all the essential routing instructions and a detailed set of shipping guidelines or requirements for suppliers and carriers to follow, building enterprise freight management efficiency in the network. Of course, it’s also beneficial to have additional ways to use technology . Request a SONAR Demo.

Logistics Network Optimization Software 90

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FreightWaves SONAR

DECEMBER 29, 2020

And freight transportation is increasingly done “on the fly.” Freight management parties need to understand why procurement falters without technology and how technology can boost sourcing across all industries. Technology will always change and grow, and the freight industry must keep up to survive.

Supply Chain Design Software 98

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FreightWaves SONAR

MARCH 29, 2021

And according to Brian Straight of FreightWaves , a routing guide is a living document that enables faster transportation management and keeps freight spend under control based on lane volatility, seen also within SONAR SCI Lane Acuity. What is a routing guide : a list of preferred carriers for tendering freight.

Supply Chain Software 95

Supply Chain Software Resource Reduction Document Demo 95

FreightWaves SONAR

MAY 23, 2024

In the brokerage world, everyone is looking for more volume, more freight and more money. These markets highlight an opportunity to solicit more freight from customers, increase load count, and improve margins and revenue. The OTRI data set shows the percentage of freight that is being rejected outbound from a given market.

Freight 52

Freight Outbound Negotiating Skills Data 52

FreightWaves SONAR

DECEMBER 30, 2020

And pre-emptive strategies that help isolate and address real-time problems will inevitably rely on real-time freight data and easy-to-access systems. The hassle of managing freight with poor visibility Shipping exceptions remain an issue in modern supply chains. Of course, that’s another challenge. Things will go wrong.

Supply Chain Planning Software 98

Supply Chain Planning Software Data Supply Chain Software Transportation 98

FreightWaves SONAR

MARCH 18, 2021

Managing the manufacturing supply chain and freight markets of today requires skills, tools, applications and services that have never been utilized in the past. With mini-bids, carriers have an opportunity to focus more time and resources on specific lanes, improving the balance of their freight networks. Request a SONAR Demo.

Manufacturing Procurement 91

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FreightWaves SONAR

MARCH 4, 2021

Truckload freight and transportation costs make up a large part of most logistical spending for shipping companies across the country. And of course, customer satisfaction remains an absolute must, so speed, accuracy and cost remain critical aspects. Request a FreightWaves SONAR demo today by clicking the button below.

Price Reduction 97

Price Reduction Cost Reduction Expense Reduction Waste Reduction 97

FreightWaves SONAR

FEBRUARY 9, 2021

With the need to move freight faster a leading decision in choosing a carrier among shippers today, any delay could be the proverbial nail in the coffin for a struggling carrier. However, looking beyond the short-term and consider freight lane -specific data can go a long way to optimizing asset allocation and avoiding these risks.

Data 52

Data Freight Demo Outbound 52

FreightWaves SONAR

FEBRUARY 9, 2021

With the need to move freight faster a leading decision in choosing a carrier among shippers today, any delay could be the proverbial nail in the coffin for a struggling carrier. However, looking beyond the short-term and consider freight lane -specific data can go a long way to optimizing asset allocation and avoiding these risks.

Data 52

Data Freight Demo Outbound 52

FreightWaves SONAR

FEBRUARY 9, 2021

Freight and trucking data makes for an excellent resource for shippers and logistic service providers (LSPs) alike. Trucking rate predictors utilize freight and trucking data to provide shippers and LSPs with a wealth of knowledge and actionable insights to streamline strategic positioning. Think about it.

Data 59

Data Supply Chain Design Software Trucking Logistics Network Optimization Software 59

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. The volatility in the auto industry has wreaked havoc on the Detroit freight market. .

Negotiating Skills 52

Negotiating Skills Data Freight Inbound 52

FreightWaves SONAR

DECEMBER 4, 2020

Within the ever-changing shipping and freight management market, there is an underlying need to know and understand shipping data trends running throughout the industry. Four types of transportation data analytics are usually implemented in stages throughout the freight supply chain network.

Transportation 80

Transportation Supply Chain Planning Software Supply Chain Software Modeling Software 80

RPA Labs

SEPTEMBER 16, 2021

However, freight chatbots can instantly identify a quote request, even in email, review data sources, and upload the quote for a quick solution. . Freight forwarders no longer need to sit for hours waiting on back and forth emails. Challenges of Freight Spot Quotes Without Automated Quoting.

Supply Chain Software 52

Supply Chain Software Automation Freight Supply Chain Design Software 52

FreightWaves SONAR

APRIL 16, 2021

Real-time visibility and data into all things freight shipping is a supply chain gold standard. And nearly one-half of the industry’s freight market participants can see their data in real-time. Furthermore, the volatility within the freight shipping market means that using data from last week is opening the door to risk.

Data 52

Data Supply Chain Planning Software Freight Resource Reduction 52

Parade

MARCH 4, 2022

Because the nuts and bolts of capacity management fall within the broker to carrier part of the freight lifecycle, we don’t stop to think about how capacity management can affect shippers very often. Here are three of the ways that shippers can benefit when their freight brokerage is using a capacity management solution like Parade.

Negotiating Skills 78

Negotiating Skills Capacity Course Demo 78

Freightos

JANUARY 25, 2024

Aimee Loshinsky January 25, 2024 Optimize your logistics tendering, vendor selection, negotiations, and procurement with Freightos Data Book a Demo In Freightos Q4 2023 KPI press release , we announced that the company surpassed one million bookings across the platform in 2023. Freight is digitizing itself now at real scale.

Logistics Network Optimization Software 127

Logistics Network Optimization Software Optimization Software Digital Buyer Training 127

FreightWaves SONAR

DECEMBER 21, 2020

Using real-time data , freight managers can finally begin to recognize their opportunities for better business relationships. A finite group of logistics service providers (LSPs) will inevitably lead to less competition during truckload RFP processes and higher freight spend. Request a SONAR Demo. Contracts aren’t ironclad.

Negotiating Skills 76

Negotiating Skills Trucking Price Reduction Cost Reduction 76

FreightWaves SONAR

JULY 14, 2023

In order to make a real difference, however, this motivation to better the industry must be coupled with a deep knowledge of the freight market — including how it works, where it has been and where it is going. High-frequency data It is a widely accepted truth that data plays an important role in revealing the state of the freight market.

Supply Chain Planning Software 52

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FreightWaves SONAR

DECEMBER 11, 2020

The national economy depends on trucks to deliver nearly 70% of all freight transported in the U.S. Monitoring ocean import data informs truckload providers when ocean freight volumes are surging, allowing the provider to consider all possible outcomes or any risks for ocean freight.

Data 59

Data Supply Chain Planning Software Supply Chain Software Optimization Software 59

RPA Labs

SEPTEMBER 16, 2021

However, freight chatbots can instantly identify a quote request, even in email, review data sources, and upload the quote for a quick solution. . Freight forwarders no longer need to sit for hours waiting on back and forth emails. Challenges of Freight Spot Quotes Without Automated Quoting.

Supply Chain Software 40

Supply Chain Software Automation Freight Supply Chain Design Software 40

FreightWaves SONAR

JUNE 14, 2021

Freight costs stand out among other inflationary pressures in that they cannot be effectively hedged. Therefore, in the absence of hedging, CPG companies should utilize as much freight-related data as possible to mitigate freight costs more effectively and improve supply chain efficiency. Request a SONAR Demo.

White Paper 52

White Paper Negotiating Skills Food and Agriculture Demo 52

Parade

FEBRUARY 25, 2022

When Fortune Logistics had big plans to modernize their freight brokerage, they turned to Parade for capacity management and process automation. Now, Fortune is Working to Become Fully Autonomous By utilizing , Parade and Tai TMS , Fortune Logistics is aiming to get to the point where 15%-20% of their freight is completely autonomous.

Logistics Network Optimization Software 78

Logistics Network Optimization Software Logistics Case Study Capacity 78