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Supply chain leaders continue the battle to find and secure capacity, lower freight spend, and increase service levels, as well as apply freight forecasting to achieve the same goals. Technologies critical to making the use of data successful in the back office. Fill out the Form Below to Access the WhitePaper.
Cerasis is excited to announce the release of an all new, exclusive, & educational resource “The Invaluable Role of Data in Freight Management” whitepaper! The post [WHITEPAPER] The Invaluable Role of Data in Freight Management appeared first on Transportation Management Company | Cerasis.
According to a 2016 McKinsey & Company report : “Data and analytics underpin several disruptive models. Introducing new types of data sets (”orthogonal data”) that can disrupt industries, and massive data integration capabilities can break through organizational and technological silos, enabling new insights and models.
In other words, supply chain leaders need to validate and measure the success (read “accuracy”) of data source analytics and how well they stack up to the observed market conditions. Fill out the Form Below to Access a COPY of the WhitePaper. The impeccable value of accuracy in all predictive analytics insights.
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. Fill out the Form Below to Access a COPY of the WhitePaper.
In this report, we put forth an interesting, and admittedly imperfect, way to demonstrate SONAR’s value: publicly traded carriers and freight brokers that use SONAR have outperformed those that do not. It follows that the most efficient users of capital in the freight industry find SONAR to be a worthwhile investment.
The timing of Hurricane Ida, which took place in the days leading up to Labor Day, made it difficult to separate the hurricane’s impact and the impact of normal seasonality on many of the nationwide data sets. Many local datasets clearly show the impact that the hurricane had on local and regional freight markets. Request a SONAR Demo.
Without adequate data and information on the freight market, shippers can find themselves in the same disadvantageous position as Mr. David. Shippers’ primary operation is not moving freight; it’s processing food, or manufacturing auto parts, or selling office supplies. FILL OUT THE FORM BELOW TO DOWNLOAD THE FREE WHITEPAPER.
This “SONAR highlight reel,” which we publish every other week, is intended to concisely hit data highlights and trends in truckload, intermodal and maritime. Spot rates continue to rise as freight flows to the spot market – particularly on the West Coast. FILL OUT THE FORM BELOW TO DOWNLOAD THE FREE WHITEPAPER.
In general, the companies in the meat industry have among the most to gain from improving their freight efficiency, and we estimate that food companies with average margins and an average relative freight spend could save $300 for every $1 million in revenue by improving freight efficiencies by 1%. Request a SONAR Demo.
This “SONAR highlight reel,” which we plan to publish every other week, is intended to concisely hit data highlights and trends in truckload, intermodal and maritime. The end of the second quarter is typically a strong period for truckload freight and this year is no exception. Request a SONAR Demo. Request a SONAR SCI Demo.
Big data in the supply chain is nothing new. Nearly every shipper, broker and carrier collects and uses data to derive insights, including predictive rates. The value created with real-time data and right-now lane-level analysis to enforce compliance. Fill out the Form Below to Access a COPY of the WhitePaper.
How effective are you at lane-by-lane planning and getting deep insights to aid in freight spend planning, mini-bids, and other long-term contracts in your organization? How contract data amounts to tactical bidding management. How to use data to stay strategic and lower costs across the board. . Request a SONAR Demo.
This “SONAR highlight reel,” which we plan to publish every other week, is intended to concisely hit data highlights and trends in truckload, intermodal and maritime. Freight volumes continue the robust growth though relative capacity has started to tighten again, following a seasonal pattern. imports, eclipsing the record set in May.
This “SONAR highlight reel,” which we publish every other week, is intended to concisely hit data highlights and trends in truckload, intermodal and maritime. Truckload demand has stabilized at a high level after declining seasonally to start the fourth quarter. FILL OUT THE FORM BELOW TO DOWNLOAD THE FREE WHITEPAPER.
View the Full WhitePaper. In fact, our data shows that accepted tender volume is up 12% y/y. Record dry van spot rates highlight a freight market that has not loosened. SONAR intermodal contract rate data shows rates up 19% from this time last year. Request a SONAR Demo. Request a SONAR SCI Demo.
The biggest risk to that intermodal volume outlook is that shippers could get even more fed up with intermodal service levels and move more freight on the highway to get imported consumer goods to stores in time for holiday shopping. FILL OUT THE FORM BELOW TO DOWNLOAD THE FREE WHITEPAPER. Request a SONAR Demo.
The factors driving the tight freight market seem to be sticking around forever, like your in-laws at Christmas. at the same time. From there, we recommend using a variety of data sets in SONAR to help quantify the degree of inflation or deflation in rates you should expect for the freight you are putting out to bid.
Take a moment to think about the basic freight brokerage business models. In transportation management, seconds can add up to massive delays in shipping and higher freight spend. And during times of uncertainty, which always occur in modern supply chains, effective freight brokerage must have access to the latest tools and resources.
View the Full WhitePaper. See description of the just-released FreightWaves Trusted Rate Assessment Consortium (TRAC) spot rate data on pages 5-6. The post [WHITEPAPER] SONAR highlight reel: Contrary to typical seasonality, intermodal volume rises in Nov. The current time from anchor to berth at the Port of L.A.
On this episode of #WithSONAR, current SONAR subscriber Greg Morrow, the Director of Operations for ARL Logistics , discusses the importance of using data to grow and strengthen carrier and customer relationships with co-hosts Kyle Taylor and Luke Falasca. SONAR provides that data. Download the WhitePaper.
A number of fundamental changes to consumer activity, industrial production, housing starts, and federal stimulus are just a few of the major buckets that have driven one of the most significant nationwide levels of freight volatility. Fill out the Form Below to Access a COPY of the WhitePaper. Request a SONAR Demo.
Automotive shippers are facing numerous challenges stemming from a global semiconductor shortage, inflationary pressure on numerous inputs, as well as rising freight costs that seem to be affecting every shipper across all modes. FILL OUT THE FORM BELOW TO ACCESS THE FREE WHITEPAPER. Request a SONAR Demo. Request a SONAR Demo.
“What’s the best way to use data to beat your competition as a freight brokerage business?” Freight brokers are continually looking for the latest and greatest ways to add value and keep costs under control through new freight brokerage software. Real-time data increases customer service. Download the WhitePaper.
Data has become an integral part of the supply chain network’s daily operations and is inseparable from the modern processes that govern procedures involved in transportation. Anything other than up-to-date, near-real-time freightdata will make the work of the management team all the more difficult. Request a SONAR Demo.
As the world recovers from the pandemic, now numerous supply chain impacts – including a global semiconductor shortage and inflationary pressure on a number of inputs, including freight costs – are significantly hampering the automotive industry, causing temporary shutdowns at some facilities. Request a SONAR Demo. Request a SONAR SCI Demo.
For all freight management segments, navigating a volatile freight market’s complexities stand out as a leading disruption of 2020. This year has taught freight management experts and leaders that nothing is set in stone. Using data to overcome most obstacles in the freight market and recapture revenue.
Fill out the Form Below to Get a Free Copy of the WhitePaper to Your Inbox! The post [WHITEPAPER] Improving Inbound Freight Management: How Data-Driven Processes Bring Efficiencies & Reduce Costs appeared first on Transportation Management Company | Cerasis.
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.
One of the most popular tools that drives the supply chain to new heights is the process of intermodal freight shipping. Data access and analysis continue to be essential to competitive operations within the process of monitoring rates and expenses in intermodal shipping lanes. Download the WhitePaper.
With the proper use of data and freight analytics , contract procurement and securing capacity can be enhanced. The incredible insights that accurate data has to offer combats volatility and unearths a clear understanding of what’s actually happening in the market. Those are the founding principles behind SONAR SCI Lane Acuity.
Enterprise shippers have plenty of responsibilities when it comes to freight management. But transportation optimization , knowing when to tender freight, take advantage of company-owned assets, and outsource are other issues. Why actionable and insightful freightdata, not more raw data, creates strategic value.
That has also increased the pressure on retailers to keep other freight and logistics costs low with more capital and expense being dedicated to the development of new omnichannel strategies. Evaluating freight flows for private fleet conversion. Deciding on the timing of freight bids. Request a SONAR Demo.
Cerasis is excited to announce the release of an all new, exclusive, & educational resource “How to Optimize Full Truckload Shipping Through Technology & Best Practices” whitepaper! Get a free copy of the whitepaper by filling out the form to the right.
Successful supply chain management depends on the ability to collect data and apply it accordingly. As explained by Grainger , “In today’s global economy, technology trends like the Internet of Things (IoT) and Big Data have become an indispensable part of everyday business. Download the WhitePaper.
Establishing a practical freight routing guide helps outline essential rules of engagement for vendors, clients and supply chain managers. Maintaining good compliance to these informational guides is critical to supply chain management and relies heavily on current data and automation. Download the WhitePaper.
When you want to drive down your logistics and transportation spend, the very first thing that you need is freight and transportation data. Without hard data, you can’t take action. When enterprises try to act in the absence of data, they are usually guessing and won’t get the results they need.
We often demo SONAR to customers that want to see every domestic freight dataset we have to offer while showing little interest in our ocean data. That has always been puzzling to us because we believe that the ocean shipping markets and the domestic freight markets are inextricably linked. Request a SONAR Demo.
Download this whitepaper today to better understand: The challenges and costs of Last Mile logistics and poor visibility. . How blockchain enables more visibility and proactive management of freight. You can opt-in to download this free whitepaper here: [link].
Big data and predictive freight rates in the digital supply chain are nothing new. Nearly all shippers, brokers and carriers collect and use data to derive insights, including predictive rates. Unfortunately, the most robust applications of that data will quickly diminish in value as data ages.
Less headline-grabbing is the blocking and tackling of efficiently managing freight spend in the context of highly global automotive supply chains. Those data sets and use cases include: Freight market data to assist in negotiations with carriers. FILL OUT THE FORM BELOW TO ACCESS A COPY OF THE WHITEPAPER.
Control over trucking freight rating remains a blip for many carriers, particularly owner-operators and those trying to manage the chaos of a pandemic-stressed industry. Quite simply, freight rating challenges are not a problem limited to trucking carriers. Download the WhitePaper.
Mapping the trucking market assists freight market participants with a flurry of benefits. 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.
Market dynamics of freight management can turn on a dime. Supply chain intelligence and actionable insights must apply the most accessible, near real-time data available. Analytic data resources for brokers are great, but it’s equally important to realize that FreightWaves SONAR is much more than a broker-exclusive resource.
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