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The four factors that impact freight trucking revenue and profitability

FreightWaves SONAR

Of course, measuring revenue through the growing demands for both contract and spot freight transportation is never simple addition and subtraction. Leading metrics for tracking overall and market-specific activity include: Inbound and outbound load daily change rates, like the Outbound Tender Volume Index (OTVI) in FreightWaves SONAR.

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Supply Chain Intelligence: The Value of AI and Machine Learning to Predict Freight Rates

FreightWaves SONAR

Of course, no disruption comes close to those that have been experienced to date in 2020. Of course, even those capabilities hinge on AI to digest, interpret and act upon data. . Of course, brokers and carriers – whose businesses are wholly transportation – will still be involved. Request a SONAR Demo.

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Near-real-time data-driven route optimization best practices

FreightWaves SONAR

Shifting to another route might add 60 minutes to the delivery time, but it also highlights a much better option than staying on course and being delayed for hours due to a weather anomaly. Find out more about how your organization can gain those lane-level insights by requesting a demo of FreightWaves SONAR SCI Lane Acuity today.

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What is a routing guide and what are best practices to create one

FreightWaves SONAR

Of course, that is all subjective and again dependent on market stability within individual locations in origin/destination pairings. What is a routing guide : a set of rules and requirements from shippers that set rules for inbound and outbound shipping. Request a SONAR SCI Lane Acuity demo by clicking the button below today. .

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Manufacturing Supply Chain Constraints and How to Overcome Them

FreightWaves SONAR

Of course, figuring additional opportunities to save resources, like better planning of the dock schedule through proactive management of dwell time and considering the inbound port activity, will reduce the possible delays and costs that may arise. Request a SONAR SCI Lane Acuity demo to get started or click the button below.

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Where Is the Freight?

FreightWaves SONAR

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 Market Data To Assist in Negotiations With Carriers

FreightWaves SONAR

There is typically more demand for inbound truckloads into Detroit than outbound truckloads. Of course, the auto plant shutdowns last year didn’t last long and the region became a severe backhaul market by July and August as OEMs demanded large volumes of inbound components and production schedules attempted to make up for lost time.