FreightWaves SONAR

APRIL 6, 2021

Figuring out how to improve annual request for proposal (RFP) bidding strategies remains elusive for many shippers, especially in the context of knowing when to expand the network to leverage freight consolidation. The process typically starts with gathering data from their freight payment provider or system.

Cost Reduction 78

Cost Reduction Price Reduction Strategy Freight 78

FreightWaves SONAR

JANUARY 25, 2021

It is a challenge for many shippers and carriers to know where they should put their focus and where the data directs them to go. According to FleetOwner , “ trucking companies must go where the data leads them, not where they think it is going to lead them. Why outdated data hurts carriers in the short- and long-term.

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Price Reduction Data Supply Chain Software Supply Chain Planning Software 86

WorkWave

DECEMBER 16, 2024

We will discuss case studies, future trends, and guidelines for businesses considering whether to invest in this cutting-edge technology. This proactive approach reduces the reliance on intensive control measures, allowing for more efficient pest management strategies.

Cost Reduction 52

Cost Reduction Resource Reduction Optimization Software Waste Reduction 52

Freightos

NOVEMBER 7, 2023

More Resources Home November 7, 2023 Update The Freightos Weekly Update helps you stay on top of the latest developments in international freight by giving you the rundown on the latest economic data, ocean and air demand trends, rate data – and anything else impacting the market. America weekly prices increased 21% to $5.72/kg

Negotiating Skills 133

Negotiating Skills Price Reduction Vendor Strategies Cost Reduction 133

Freightos

NOVEMBER 15, 2023

More Resources Home November 15, 2023 Update The Freightos Weekly Update helps you stay on top of the latest developments in international freight by giving you the rundown on the latest economic data, ocean and air demand trends, rate data – and anything else impacting the market. America weekly prices decreased 3% to $5.56/kg

Price Reduction 118

Price Reduction Negotiating Skills Vendor Strategies Resource Reduction 118

FreightWaves SONAR

MARCH 16, 2021

Companies with access to accurate near-real-time data not only improve their operations; they also gain the ability to depict the current state of the trucking market. These accurate depictions of the market come from the tracking of data. Businesses that have better access to more data have distinct advantages.

Expense Reduction 93

Expense Reduction Price Reduction Data Capacity 93

FreightWaves SONAR

FEBRUARY 10, 2021

Many of the most beneficial tools come from the utilization of data and analytics. Data and analytics provide carriers with an incredible wealth of information that has proven to bolster revenue and profits. How carriers create data-driven pricing strategies. Request a SONAR Demo.

White Paper 98

White Paper Optimization Software Data Price Reduction 98

FreightWaves SONAR

JANUARY 5, 2021

Although many carriers have worked diligently towards reducing operational costs and increasing profit margins, there is still work to do for the top for-hire truckload freight carriers to improve. Let’s look at seven ways that freight technology and data achieves that goal. Freight data reduces dwell time and load time.

Cost Reduction 105

Cost Reduction Waste Reduction Expense Reduction Price Reduction 105

FreightWaves SONAR

APRIL 1, 2021

That gave rise to a new time pricing strategy, dimension (DIM) pricing. . Density plays a role in the form of dimensional pricing. DIM pricing considers cubic volume in addition to physical height, width and depth of packages as a factor for price calculations. Capture pricing data for LTL freight.

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Negotiating Skills Price Reduction Trends How To 98

Log-hub

FEBRUARY 5, 2025

3 min read Log-hub announces a major update to its Supply Chain Apps, delivering powerful enhancements that streamline cost management, route optimization, and data-driven decision-making. This feature is particularly beneficial for LSPs preparing tenders or tariff proposals, as it provides a structured approach to pricing.

Supply Chain Planning Software 40

Supply Chain Planning Software Supply Chain Design Software Optimization Software Cost Reduction 40

FreightWaves SONAR

JANUARY 5, 2021

And that’s why it’s important for carriers to apply data and enable predictive freight rating through these five requirements. Carriers simply need to know where to send trucks and the proper freight rating or pricing strategies to use. That will go a long way in reducing operating ratios and increasing fleet utilization.

Data 88

Data Price Reduction Freight Resource Reduction 88

FreightWaves SONAR

MARCH 2, 2021

Some of the most common issues that arise from a lack of accurate transportation cost analysis and data tracking include the following: Inability to track data and respond to it in real-time. . Limited data sharing within the chain. Lack of visibility and insight into common observable costs. . Consider this fact.

Analysis 98

Analysis Price Reduction Cost Reduction Supply Chain Planning Software 98

FreightWaves SONAR

APRIL 5, 2021

Tracking market trends within truckload rates relies heavily on data and analysis. This kind of real-time data analysis and application is essential for shippers to stay strategic and tactical as they forecast out contract and spot truckload rates. Data-driven insights provide a rubric for guiding RFP processes.

Negotiating Skills 94

Negotiating Skills Data Sourcing Strategies Optimal Sourcing 94

Freightos

NOVEMBER 28, 2023

More Resources Home November 28, 2023 Update The Freightos Weekly Update helps you stay on top of the latest developments in international freight by giving you the rundown on the latest economic data, ocean and air demand trends, rate data – and anything else impacting the market. Europe prices (FBX11 Weekly) fell 6% to $1,211/FEU.

Negotiating Skills 112

Negotiating Skills Price Reduction Vendor Strategies Resource Reduction 112

FreightWaves SONAR

JANUARY 7, 2021

Through data-driven transportation management , carriers can finally become more strategic and tactical, thriving through good and bad times. Achieving that goal hangs on a carrier’s ability to capture meaningful data. Autonomous processes are only as valuable as the data that powers algorithms and decision-making.

Supply Chain Software 98

Supply Chain Software Supply Chain Design Software Supply Chain Design Automation 98

FreightWaves SONAR

FEBRUARY 17, 2021

Mobile data can play a pivotal role in building the supply value chain. Mobile devices have functions that provide valuable data for the supply value chain. Mobile devices have proven optimal for implementing innovative strategies, connecting freight loads with other equipment and assets , and more. Download the White Paper.

Supply Chain Planning Software 98

Supply Chain Planning Software Data Negotiating Skills Negotiate Pricing 98

FreightWaves SONAR

MAY 18, 2021

Packaged food companies are raising prices to offset (at least a portion of) the rising costs. The counterpoint is that the economy is growing quickly and, since prices are rising everywhere, price increases to consumers are more likely to stick. Request a SONAR Demo. Request a SONAR SCI Demo.

White Paper 90

White Paper Data Cost Reduction Price Reduction 90

FreightWaves SONAR

JANUARY 21, 2021

Capture and analyze data inside and outside of your network to benchmark performance. The biggest barrier to efficiency in supply chain agility rests with an inability to see, capture or analyze freight data. There are numerous data providers in the world, but the question becomes, “what does an organization do with that data?” .

Data 98

Data Sourcing Strategies Tips Optimal Sourcing 98

FreightWaves SONAR

MARCH 4, 2021

Yes, the need for shipping demand analytics is not new and was echoed in 2013 by Industry Week , “Relying on traditional supply chain execution systems is becoming increasingly more difficult, with a mix of global operating systems, pricing pressures and ever-increasing customer expectations. That’s where data analytics comes in.”

Price Reduction 97

Price Reduction Cost Reduction Expense Reduction Waste Reduction 97

Freightos

DECEMBER 6, 2023

More Resources Home December 6, 2023 Update The Freightos Weekly Update helps you stay on top of the latest developments in international freight by giving you the rundown on the latest economic data, ocean and air demand trends, rate data – and anything else impacting the market. America weekly prices were level at $6.30/kg

Negotiating Skills 118

Negotiating Skills Price Reduction Optimal Sourcing Vendor Strategies 118

Freightos

NOVEMBER 19, 2024

More Resources Home November 19, 2024 Update The Freightos Weekly Update helps you stay on top of the latest developments in international freight by giving you the rundown on the latest economic data, ocean and air demand trends, rate data – and anything else impacting the market. America weekly prices increased 28% to $7.01/kg

Negotiating Skills 62

Negotiating Skills Price Reduction Data Resource Reduction 62

Locus

JUNE 16, 2023

Fuel costs: Last-mile fuel costs require careful management as they make up 25% of a truck’s operational costs over volatile price fluctuations. Read also: A Study of Unit Economics in Last Mile Delivery Is it essential to reduce last-mile delivery costs for vehicles? These include: 1.

Cost Reduction 98

Cost Reduction Expense Reduction Inventory Reduction Price Reduction 98

Freightos

JANUARY 15, 2024

It may be off a lower-than-normal base price but for importers and exporters suffering from lower sales, it’s almost certainly troubling news. The decrease in logistics costs led 35% of importers to lower their product prices, possibly contributing to the easing of inflation rates. and bakes really good cookies.

Negotiating Skills 127

Negotiating Skills Optimal Sourcing Price Reduction Cost Reduction 127

FreightWaves SONAR

MARCH 9, 2021

H aving access to real-time freight data and being able to make good use of it is essential for global trade and maritime shipping. Global retailers use data to understand lead time Successful supply chain operation at any stage hangs on the ability to stay on top of shipping and transport logistics. Request a SONAR Demo.

Supply Chain Planning Software 98

Supply Chain Planning Software Scenario Planning Data Optimal Sourcing 98

EazyStock

MARCH 14, 2023

The right purchasing and logistics strategies give companies an edge during these unique, uncertain times and, during the return “to normal,” a greater competitive advantage and continued growth. Rapid cost increases, interest rate hikes and reduced demand require more effective inventory management and forecasting attention.

Inventory Reduction 52

Inventory Reduction Price Reduction Cost Reduction Waste Reduction 52

FreightWaves SONAR

FEBRUARY 4, 2021

There’s a broad range of options to reduce rates and increase carrier revenue. 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.

Optimization Software 98

Optimization Software Negotiate Pricing Negotiating Skills Optimization Modeling 98

FreightWaves SONAR

FEBRUARY 5, 2021

(Graphics created by Emily Ricks) Carriers frequently find themselves frustrated when costs eat away at their profits and they have limited pricing visibility. Financial losses or declining profitability certainly make cost-cutting a priority. Using freight indices assists significantly in finding the most appropriate pricing ranges.

Expense Reduction 105

Expense Reduction Cost Reduction Price Reduction Waste Reduction 105

FreightWaves SONAR

FEBRUARY 1, 2021

This struggle can finally come to an end through the use of modern analytics and data management. Such applications of freight technology allow carriers to improve their systems across the board, improving profit margins, reducing load times, streamline shipping, and many more benefits. Request a SONAR Demo.

Data 76

Data Price Reduction Cost Reduction Expense Reduction 76

CH Robinson Logistics

MARCH 12, 2020

Using technology to drive strategy and improve performance—and ultimately create financial value—is top of mind for shippers today managing complex global supply chains. Exponential Growth of Data: We’re seeing an explosion in the amount of data available across the supply chain. Request a demo here or email info@mytmc.com.

Supply Chain Design Software 62

Supply Chain Design Software Supply Chain Planning Software Vendor Strategies Inventory Reduction 62

Freightos

DECEMBER 13, 2023

More Resources Home December 13, 2023 Update The Freightos Weekly Update helps you stay on top of the latest developments in international freight by giving you the rundown on the latest economic data, ocean and air demand trends, rate data – and anything else impacting the market. America weekly prices decreased 7% to $5.88/kg

Negotiating Skills 117

Negotiating Skills Optimal Sourcing Price Reduction Vendor Strategies 117

Freightos

APRIL 16, 2024

More Resources Home April 16, 2024 Update The Freightos Weekly Update helps you stay on top of the latest developments in international freight by giving you the rundown on the latest economic data, ocean and air demand trends, rate data – and anything else impacting the market. Europe prices(FBX11 Weekly) increased 7% to $3,545/FEU.

Price Reduction 126

Price Reduction Resource Reduction Data Logistics Network Optimization Software 126

FreightWaves SONAR

FEBRUARY 8, 2021

Figuring out the best strategy for managing fleet assets can be difficult at best. Unlike contracted rates, the spot freight market is full of wild price swings and uncertainty. The data analyzed within today’s freight market goes back to the beginning of digital transformation. Download the White Paper. trucking market.

Price Reduction 94

Price Reduction Freight Resource Reduction White Paper 94

WorkWave

NOVEMBER 6, 2023

In this blog post, we will delve into the intricacies of order management, the role of an Order Management System (OMS), what happens after checkout and how to master your order management strategy with the help of cutting-edge order management systems and order management software. What Is Order Management?

Inventory Reduction 52

Inventory Reduction Price Reduction Cost Reduction Ordering 52

FreightWaves SONAR

JANUARY 12, 2021

As demand for e-commerce accelerated, notes John Koetsier of Forbes , trucking carriers gained extreme favor in pricing power. In turn, carrier freight pricing guidance must be attuned to the fluctuations within individual needs, and that’s despite the use of end-to-end trucking analytics. At the same time, data is not created equally.

Price Reduction 52

Price Reduction Data Freight Optimization Software 52

FreightWaves SONAR

FEBRUARY 22, 2021

Smart and practical trucking data is critical for the modern supply chain network. They tend to follow similar lines and influence services and prices throughout transportation networks. Truckload services and freight load price options stay related to how well supply chains manage available assets.

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Price Reduction Supply Chain Planning Software Waste Reduction White Paper 75

Trinity Logistics

MARCH 6, 2025

Youve prioritized TMS capabilities, analyzed vendors, and sat through several system demos. If the TMS integrates with your companys OMS or account software, you can drastically reduce the time it takes to process an invoice. All this will help guide the data requirements that support an AP integration of the TMS software.

Supply Chain Planning Software 62

Supply Chain Planning Software Logistics Network Optimization Software Supply Chain Software Procurement Solutions 62

FreightWaves SONAR

DECEMBER 22, 2020

Shippers want a significant reduction in the stress of logistics. With that in mind, the trucking RFP has come into play as a more significant undertaking for 2021 contracts as the freight market saw volatility in 2020 on the spot market due to historic tender rejections and volumes adding to increased prices. Request a SONAR Demo.

Optimization Software 105

Optimization Software Optimization Tips Price Reduction 105