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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. Of course, tracking overall detention across a carrier’s network can seem overwhelming. Of course, it helps to know how the trends are shaping up over days, weeks and even months.

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LTL Freight Rates: Using data to improve annual contract negotiations

FreightWaves SONAR

Moreover, Supply & Demand Chain Executive explains , “Developing a point-of-departure strategy for partial and LTL shipments can give small and medium-size businesses delivery costs comparable to the mega shippers. Learn more by requesting a FreightWaves SONAR and SONAR SCI Lane Acuity demo today. Request a SONAR Demo.

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4 Tips for carriers to maximize fleet asset utilization using data

FreightWaves SONAR

And of course, it hinges on the ability to understand and maintain consistency in your metrics. . Of course, profitability losses don’t simply involve an empty trailer. Thus, more companies are turning to predictive maintenance strategies to extend asset life expectancy, reduce the chance of breakdowns and increase throughput.

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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. However, AI can provide a pathway toward more proactive, responsive management strategies. Of course, even those capabilities hinge on AI to digest, interpret and act upon data. . Request a SONAR Demo. Learn about SONAR SCI.

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[INFOGRAPHIC] The tools carriers need to monitor unusual and inconsistent freight market activity

FreightWaves SONAR

Of course, that naturally implies an added ability to deploy the following connection opportunities to collect and apply data as well: The Internet of Things (IoT) tracks the location of a carrier, projects weather conditions, and traffic conditions in real-time. Request a SONAR Demo. And they must also put it to work.

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Truck fleet management: How are my trucks performing in the market?

FreightWaves SONAR

Of course, that all depends on seeing the activities that are occurring, benchmarking current carrier operations and continuously improving. Freight intelligence tools help management develop a more unified freight strategy. Request a FreightWaves SONAR demo by clicking the button below. . Request a SONAR Demo.

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Why asset-based carriers are using freight tech to recruit truck drivers

FreightWaves SONAR

Of course, increased profitability means knowing when to accept or reject a tender , and that information is invaluable for fleet asset management, including allocating equipment and drivers alike. . Become a stronger asset-based carrier with freight tech-driven hiring and retention strategies through freight data.