article thumbnail

Advancing Transportation Procurement: The Shift From Spreadsheets to Software

FreightWaves SONAR

For shippers, the approach to transportation procurement is evolving. This approach is cumbersome and fraught with challenges such as limited visibility, inefficient data management and difficulties in bid analysis.

article thumbnail

Watch Trimble’s Engage Lane Demo from Future of Freight Festival 2022

Trimble

During the event, Rishi Mehra, director of operations and strategy, and Kelly Williams, product manager, had just seven minutes to present a Rapid-Fire Demo of Engage Lane: an agile transportation procurement platform that streamlines the relationship between carriers and shippers and helps them uncover better ways to move freight.

Demo 52
Insiders

Sign Up for our Newsletter

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

Trending Sources

article thumbnail

What is transportation rate forecasting and why do I need real-time data to forecast accurately

FreightWaves SONAR

Nothing in life comes for free, especially in the transportation and shipping industry where predictive freight costs carry so much weight. Ultimately, it comes down to how good logistics managers get at transportation rate forecasting. It cost money to make money and even to try and save money.

article thumbnail

Freight market data size matters: 5 key hallmarks of data sets that improve transportation procurement

FreightWaves SONAR

Transportation procurement remains a major problem for enterprises faced with the need for faster and more extensive capacity. Part of acting on them immediately derives from the size of the data collected and how it can be transformed into meaningful insights. Freight market data size consistency matters.

article thumbnail

Why near-real-time electronic freight tender trucking data is more reliable than waiting on submitted data

FreightWaves SONAR

Data for data’s sake lacks value, especially in the view of the supply chain. And across the market, submitted data becomes rapidly outdated. And in some industries, outdated data can have disastrous consequences. For instance, take the value added by more accurate data in the health industry.

Data 98
article thumbnail

CPG companies can benefit from real-time data to offset rising transportation costs

FreightWaves SONAR

Consumer packaged goods are facing inflationary pressures from all sides: Commodity prices are increasing; shortages of blue-collar workers for labor-intensive jobs; manufacturing costs increasing; packaging costs rising amid a boom in e-commerce; and transportation costs climb as capacity across all modes is historically tight.

article thumbnail

5 Transportation Data and Insight Reports to Guide Freight Brokers

FreightWaves SONAR

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