FreightWaves SONAR

NOVEMBER 16, 2020

This week, learn how freight market participants, especially those freight parties who are executing refrigerated shipping moves, rely on SONAR indices that show reefer freight data and activity. What are the available refrigerated shipping indices in SONAR? The index is expressed as a percentage of loads rejected to total loads tendered.

Refrigeration 105

Refrigeration Capacity Outbound Inbound 105

FreightWaves SONAR

NOVEMBER 5, 2020

And according to Inbound Logistics , “Measuring the rates being paid to the carriers against their quoted bid rates ensures carriers are honoring the rates offered in the bid. Collect data and benchmark your carriers’ performance. Collect and benchmark carrier performance data. Request a SONAR demo online to get started.

Modeling Software 105

Modeling Software Optimization Modeling Modeling Freight 105

FreightWaves SONAR

NOVEMBER 19, 2020

According to Derrick Steiner of Digitalist Magazine , “Today’s leading companies are working very hard to be intelligent enterprises, capable of harnessing the power of end-to-end experience and operational data, to connecting their demand chain with their customers, who are social, mobile and shop in many channels, to their supply chain.

Supply Chain Software 105

Supply Chain Software Supply Chains Scenario Planning Sourcing Strategies 105

FreightWaves SONAR

MARCH 5, 2021

Orange = inbound volumes (supply). It shows outbound volumes increasing and inbound supply decreasing. Overcome the barriers to logistics foresight with a data-driven procurement strategy. And without seeing the snowstorm on the horizon, there are opportunities to capture and apply data to manage capacity more proactively.

Freight 98

Freight Price Reduction Cost Reduction Outbound 98

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. There is typically more demand for inbound truckloads into Detroit than outbound truckloads.

Negotiating Skills 52

Negotiating Skills Data Freight Inbound 52

FreightWaves SONAR

JUNE 1, 2021

Those data sets and use cases include: Freight market data to assist in negotiations with carriers. Contract freight rate data that is specific to the auto industry can be accessed using SONAR Supply Chain Intelligence (SCI). Request a SONAR Demo. Request a SONAR SCI Demo.

White Paper 52

White Paper Negotiate Pricing Negotiating Skills Data 52

FreightWaves SONAR

JANUARY 4, 2021

As reported by Inbound Logistics , “Shippers who unload efficiently and quickly without depending on driver involvement help carriers avoid poor trailer utilization or excessive trailer inventories.” Respond to issues, deviations and problems with data. Request a SONAR Demo. Focus on dock experiences for drivers.

Tips 111

Tips Security Capacity Supply Chain Software 111

FreightWaves SONAR

NOVEMBER 17, 2020

More freight brokers are turning to technology and transportation data to grow their businesses by understanding the true freight market rate. . It’s not solely about knowing basic rates – it’s about using freight data to make the best decisions for all loads – playing both the buy-side and sell-side aspects of freight brokering.

Data 52

Data Sourcing Strategies Transportation Freight 52

FreightWaves SONAR

FEBRUARY 4, 2021

As the world of transportation continues to evolve, shippers and logistics service providers (LSPs) are effectively utilizing certain methods along with modern data platforms to meet the demands of today’s supply chains. Leverage freight data analytics to simplify logistics management. Request a SONAR Demo.

Optimization Software 98

Optimization Software Negotiate Pricing Negotiating Skills Optimization Modeling 98

FreightWaves SONAR

MARCH 15, 2021

Advancements in tender data science and paid market data now power SONAR SCI (Supply Chain Intelligence) Lane Acuity Plus. In the screenshot above, you can see that the outbound and inbound stability show scores of 29 out of 100 and 21 out of 100, respectively. WHAT IS LANE ACUITY PLUS?

Optimal Sourcing 98

Optimal Sourcing Procurement Analytics Procurement Solutions Procurement 98

FreightWaves SONAR

APRIL 9, 2021

With all the advances in technology and a continuous need to just do more with less, it’s imperative for shippers to start by assessing the quality of their basic data and analytics tools. The best way to stay strategic in today’s supply chain begins and ends with data. Request a SONAR Demo. Request a SONAR SCI Demo.

Freight 98

Freight Supply Chain Design Software Resource Reduction Vendor Strategies 98

FreightWaves SONAR

FEBRUARY 9, 2021

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. Headhaul indices provide insight into the balance of inbound and outbound freight Asset allocation remains a top-of-mind subject for carriers and asset-based freight brokers alike.

Data 52

Data Freight Demo Outbound 52

FreightWaves SONAR

FEBRUARY 9, 2021

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. Headhaul indices provide insight into the balance of inbound and outbound freight Asset allocation remains a top-of-mind subject for carriers and asset-based freight brokers alike.

Data 52

Data Freight Demo Outbound 52

FreightWaves SONAR

DECEMBER 18, 2020

In a sense, it’s the application of data signals to create a list of preferred shippers. Increased lead time puts drivers first, explains Inbound Logistics. With the strong application of data, shippers can finally squeeze out additional efficiencies and make meaningful improvements to attain a designation of shipper of choice.

Sourcing Strategies 98

Sourcing Strategies Inventory Reduction Cost Reduction Optimal Sourcing 98

FreightWaves SONAR

MARCH 29, 2021

The action: prioritize carriers within the routing guide based on which are preferred for shipments, depending on origin/destination data. 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. .

Supply Chain Software 95

Supply Chain Software Resource Reduction Document Demo 95

FreightWaves SONAR

MARCH 5, 2021

Should] you just figure out if it should be 5% or 6% [without data]?” Unlike other tools in the market, the Lane Signal considers an abundance of data from multiple sources, not just dirty data that flows through one system like other industry tools. SONAR is near-real-time data. Request a SONAR Demo.

Negotiating Skills 98

Negotiating Skills Modeling Software Sourcing Strategies Logistics Network Optimization Software 98

FreightWaves SONAR

AUGUST 18, 2021

The current trends in maritime shipping data suggest increased shipment delays and further inflationary pressures on rates. Chart: SONAR: Inbound Ocean Shipments Index – China to USA: The number of ocean shipments being booked from China to the U.S. Request a SONAR Demo. Request a SONAR SCI Demo.

Trends 94

Trends Freight Outbound Maritime 94

FreightWaves SONAR

FEBRUARY 8, 2021

The data analyzed within today’s freight market goes back to the beginning of digital transformation. Contract versus spot data factors influence the profitability of all fleet assets. Both contract and spot market data factors influence the profitability of all fleet assets. Request a SONAR Demo. trucking market.

Price Reduction 94

Price Reduction Freight Resource Reduction White Paper 94

FreightWaves SONAR

FEBRUARY 8, 2021

When freight market participants are able to get a leading indicator instead of historical data, they are able to proactively plan for assets needed, capacity, and the potential price of freight for drayage and surface transportation moves that head to inland markets after ocean shipments go from the port to roads. Request a SONAR Demo.

Outbound 98

Outbound Procurement Analytics Demo Freight 98

FreightWaves SONAR

APRIL 7, 2021

With decreasing carrier or trucking compliance come increasing transportation rates, which was reiterated several years ago by Inbound Logistics. There are many factors to consider, but regardless, the primary goal is to know how to capture data, apply it, and stay strategic with your contracts. Request a SONAR Demo.

Negotiating Skills 98

Negotiating Skills Compliance Cost Reduction Trucking 98

FreightWaves SONAR

DECEMBER 3, 2020

Collaboration means parties must share data in real-time. That includes compliance with the inbound freight routing guide and outbound activities. An inbound routing guide may need extra sign-offs for delivery after-hours. They sort through prior quotes, invoices and shipment data to check invoice accuracy.

Supply Chain Planning Software 76

Supply Chain Planning Software Supply Chain Software Modeling Software Logistics Network Optimization Software 76

FreightWaves SONAR

NOVEMBER 11, 2020

Usually, it’s a mix between inbound and outbound loads for shippers. What’s your mix between inbound and outbound loads? . FreightWaves SONAR provides the fastest freight market data in the world, across all major modes of traffic. Request a SONAR Demo. If the volume is too low it might lead to a polite good-bye. .

Freight 118

Freight Outbound White Paper Logistics Network Optimization Software 118

FreightWaves SONAR

MARCH 18, 2021

So, it’s equally valuable to know the constraints and to apply data to overcome them with mini-bids. Request a SONAR SCI Lane Acuity demo to get started or click the button below. Request a SONAR Demo. Request a SONAR SCI Demo. It is what sets manufacturing supply chain companies apart.

Manufacturing Procurement 91

Manufacturing Procurement Supply Chain Planning Software Supply Chain Software Supply Chains 91

FreightWaves SONAR

FEBRUARY 24, 2021

Judging from FreightWaves’ new Inbound Ocean TEU Volume Index (IOTI) and the recent Transportation Air Cargo Index (AIRUSD), that is not the only company choosing to fly versus ocean shipping of goods over the Pacific. And it all begins with getting the right data sources and insights at your fingertips to navigate the freight market.

Price Reduction 92

Price Reduction Cost Reduction Sourcing Strategies White Paper 92

GlobalTranz

FEBRUARY 17, 2015

According to a report published by Inbound Logistics, only about 35% of shippers are currently using TMS and most of them are large companies. If you’d like a demo of the Cerasis TMS, we call the Cerasis Rater, simply fill out a request on our website here. Therefore, they should adopt TMS as soon as they can.

Optimization Software 97

Optimization Software Cost Reduction Expense Reduction Inventory Reduction 97

GlobalTranz

MAY 8, 2015

One that is integrated with TMS offers more value for customers and better leverage when negotiating contracts with additional features providing the latest data. Make sure that the data is reliable and as real-time as feasible. TMS can provide supportive real-time data. The Basic Functionality of a Freight Rating System.

Supply Chain Planning Software 90

Supply Chain Planning Software Optimization Software Negotiating Skills Logistics Network Optimization Software 90

FreightWaves SONAR

JANUARY 12, 2021

However, peer, market and historical freight invoice data can help, and it’s essential to know why. Freight management parties still struggle with limited, outdated data. Freight management parties may not know where to turn for meaningful, actionable freight data. At the same time, data is not created equally.

Price Reduction 52

Price Reduction Data Freight Optimization Software 52

FreightWaves SONAR

FEBRUARY 24, 2021

And to help carriers achieve that goal, this white paper will explore a few best practices to reduce operating costs, including: The importance of meaningful data capture. Prioritizing moves based on inbound and outbound data trends. Tracking and applying equipment data insights. Using data to streamline RFP processes.

White Paper 52

White Paper Cost Reduction Price Reduction Supply Chain Software 52

FreightWaves SONAR

DECEMBER 21, 2022

That’s where point of sale freight data comes in to help supply chain leaders create a superior supply chain strategy. . Supply chain participants rely on FreightWaves SONAR to access tender data and point of sale spot rate data to recognize shifts in the market immediately. Want an easy win?

Negotiating Skills 52

Negotiating Skills Supply Chains Price Reduction Cost Reduction 52

FreightWaves SONAR

MARCH 31, 2021

The Inbound Ocean Shipments Index measures freight booking activity for shipments entering the U.S. Carriers will have trouble finding enough inbound loads to keep the market well supplied. Request a SONAR Demo. Import volumes continue to climb, creating bottlenecks at some of the largest ports in the US.

Networks 69

Networks Freight Outbound Demo 69

FreightWaves SONAR

MARCH 23, 2021

Let’s take a closer look at why it again harkens to the value of real-time data and how it adds value to the supply chain. All organizations are looking for ways to optimize their supply chains, and according to Inbound Logistics , energy management is the next step in supply chain optimization. Request a SONAR Demo.

Supply Chain Planning Software 59

Supply Chain Planning Software Cost Reduction Purchasing Skills Optimization Software 59

FreightWaves SONAR

DECEMBER 15, 2020

A lack of data is the absolute villain in this scenario for brokers and all trading parties. Gather data for the analysis. Additionally, integrations into telematics for real-time data or connecting via IOT-enabled sensors bridge the disparities in various network assets, including equipment and individual pallets.

Analysis 59

Analysis Procurement Analytics Optimization Software Optimal Sourcing 59

FreightWaves SONAR

DECEMBER 10, 2020

Freight management teams spend many resources responding to delays, issues, customer needs, data and marketing trends and shifting conditions with supply and demand. Using historical data, freight managers can identify when more inventory, human resources, trucks and revenue may be needed. That’s what happens. Download the White Paper.

Supply Chain Planning Software 52

Supply Chain Planning Software Inventory Reduction Freight Resource Reduction 52

FreightWaves SONAR

JUNE 27, 2024

Chart of the Week: Inbound Ocean TEUs Index – USA SONAR : VOTRI.URSE, VOTRI.URNE, VOTRI.URSW, VOTRI.URWT, VOTRI.URMW Southeastern dry van regional rejection rates — the rate at which truckload carriers turn down loads from contracted shippers — have surged past all other regions this summer, hitting their highest level since July 2022.

Capacity 52

Capacity Outbound Trucking Inbound 52

FreightWaves SONAR

APRIL 29, 2021

Using SONAR data in contract negotiations with carriers and 3PLs. . In addition, SONAR data could be used by retailers for strategic and longer-term decision-making, such as deciding where to locate warehouses and fulfillment centers. . SONAR data can identify tight relationships such as U.S.-bound Retail use case No.

Negotiating Skills 52

Negotiating Skills Cost Reduction Data Sourcing Strategies 52

MercuryGate

AUGUST 25, 2020

Request Demo. As further explained by Inbound Logistics , “carriers are provided access to the transportation management system (TMS) so they can select from a list of available appointment types and times. Streamline Freight Tendering by Sharing Customer Data From the Moment of Ordering. close Close. August 25, 2020.

Optimal Sourcing 52

Optimal Sourcing Supply Chain Planning Software Supply Chain Design Software Optimization Software 52

FreightWaves SONAR

MARCH 24, 2021

This data can show you how importers are choosing to route their shipments. The US Customs Maritime Import Shipment Index is a 7 day moving average of shipments into a given port based on US Customs data. The SONAR Port Import Market Share (PIMS) captures the market share of the total U.S.

Freight 72

Freight Price Reduction Cost Reduction Inventory Reduction 72