Remove Course Remove Outbound Remove Trends
article thumbnail

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. Market activity describes the nationwide and granular trends affecting available capacity, timeliness of transit and on-time, in-full deliveries.

article thumbnail

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. Yes, AI and machine learning build on algorithms to isolate historical trends and derive a likely transportation rate. And the past data trends are obsolete and rapidly becoming more so. And 56% experience supply chain disruptions annually.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

What are Reverse Logistics?

Logistics Bureau

In addition, returns typically cost more to handle than outbound shipments – 3 to 4 times more for traditional retail companies, for example. Hidden Opportunities for Supply Chain Cost Reductions Of course hidden costs, if you can find them, mean hidden opportunities. Some industries experience more returns than others.

article thumbnail

A Guide to Supply Chain Key Performance Indicators (KPIs)

Logistics Bureau

Of course, the big challenge in this type of external benchmarking is obtaining the necessary data, since many companies are wary of sharing performance data with potential competitors. Of course, its also possible to add further tiers for even more granularity, but again, the more levels you have, the more complex your KPI solution.

article thumbnail

The American trade imbalance and port congestion

Shipping and Freight Resource

However, port information from San Pedro Bay ports, which handles 40% of US trade, shows that this trend of empty container outbound movement has been going on for a few years and is not a new phenomenon. Source : project44.

article thumbnail

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.

Freight 52
article thumbnail

Manufacturing Supply Chain Constraints and How to Overcome Them

FreightWaves SONAR

Seeing that trend indicates increased manufacturing or distribution activity, typical for the flurry of activity that accompanies spring. And lane-by-lane insights are critical to account for that disruption among raw material suppliers and the flow of outbound freight. It is what sets manufacturing supply chain companies apart.