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A seasoned leader with over 30 years of experience, David began his career in the transportation industry in 1995, rapidly progressing to leadership roles. Built by seasoned industry experts, CloneOps.ai As CEO of Smith-Cargo Transportation, he orchestrated a successful exit and sale to a private equity firm.
The platform’s data-driven insights and yard management capabilities further optimize operations and support informed decision-making. Their platform also automates scheduling for logistics service providers between carriers, shippers and consignees via their industry-leading 3-way scheduling solution.
Shippers are shifting from East Coast to West Coast ports ahead of a potential strike, impacting logistics and transportation services. Continue reading →
They are designed for high-reach applications, capable of horizontal and vertical movement of payloads, and used for end-to-end applications, from inbound, replenish, and outbound tasks to all tasks in between. The data is accessible to state U.S. If found in violation, Temu could face fines of up to 6% of its global turnover.
Tender data is an indicator of raw demand. The outbound tender volume data provided in FreightWaves SONAR allows companies across the supply chain to visualize freight movement, enabling them to anticipate market changes and respond appropriately. FreightWaves is currently the only provider of tender data analytics.
The guides outline the goals and the specific needs of individual carriers, load types, destinations and industry niches. Maintaining good compliance to these informational guides is critical to supply chain management and relies heavily on current data and automation. Download the White Paper.
As explained by Supply & Demand Chain Executive , “Digitization, software and giving shippers and carriers efficient tech tools are critical, as technology continues to modernize this industry. This means that the industry continues to move in the direction of improved shipping technology. But what is the solution to lagging data?
Today’s shipping and transportation industry has changed in several ways, even over just the last few years. 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 White Paper.
Without appointment management capabilities in place, for example, facilities can easily become overwhelmed by a flood of phone calls and emails from carriers trying to schedule inbound or outbound pickups, as well as managing labour planning within the facility.
Deema Adada , founder and CEO of GetSett has spent 15 years in the industry working with Coyote Logistics and Uber Freight in positions from sales to operations and strategy. Data allows to fill that gap. The problem going outbound. Smarter schedules based on data. About Deema Adada. About GetSett. Detention fees.
Reaching mutually beneficial service level agreements (SLA) or trade agreements depends on the access and utilization of current logistics data and a decent amount of preparation. Far too often, there is a severe lack of real-time logistics data to work with during this process. Download the White Paper.
Today, we’re talking about the difference between inbound logistics and outbound logistics. At a glance, inbound logistics and outbound logistics refer to the different stages that goods go through while moving down the supply chain. Outbound Logistics. Best Ways to Optimize Inbound Logistics and Outbound Logistics Processes.
Data represents an integral part of daily life for most people, and it is no different within the transportation industry. That insight into how freight logistics and optimization rely on data and understanding the full picture is critical to making the best improvements in supply chain route optimization too.
The fabricated metals industry operates with a low margin in a highly competitive market and material availability, production schedules and workforce skills must align to meet customer expectations. The metal fabrication industry faces challenges in finding and keeping qualified welders, finishers, and assemblers.
The fourth quarter is the time of year the transportation industry always looks forward to. Within SONAR, the Outbound Tender Reject Index (blue) In early October eclipsed 5% for the first time since the Fourth of July holiday. To learn more about how you can utilize SONAR data at your organization, request a demo.
According to data from supply chain visibility tech provider Project44, Florida will see a decline in truckload performance due to the damage and flooding, but rates leading up to Milton’s landfall were stable. Fortunately, the logistics industry is relatively calm. It has this big ripple effect throughout the economy.”
Industries such as semiconductors, electric vehicle (EV) batteries, and transportation equipment are at the forefront of reshoring efforts , leading to a fundamental shift in freight demand patterns. Automotive and industrial manufacturing is expanding in states like Michigan and Ohio. Midwest U.S. Southwest U.S.
Having experienced market growth in size and volume of tenders, Opus9 realized its existing freight market data intelligence tools were not giving their customers the best rate information. The post Opus9 delivers better service by applying SONAR data to stay competitive appeared first on SONAR. View the Full Case Study.
Michelle Sodomka, a Senior Director in charge of Open Sky Group ’s transportation management practice has 15 years’ experience in risk analysis and mitigation within the logistics industry. Transportation management systems are used by shippers and carriers to more efficiently manage inbound and outbound shipments.
Quality and Detail of Data and its Analysis In some of our earlier posts, weve stressed the importance of simplicity in distribution network design , and we will return to that topic later in this article. It would be folly not to take advantage of data availability and accessibility.
The Francis Scott Key Bridge in Baltimore being struck by the Dali and collapsing is an unpredictable disruption to the supply chains of several industries including automobiles, coal, and agricultural machinery. Coal industry: The Port of Baltimore is the largest coal port in the country, handling about 20 million tons of coal per year.
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?
Current market conditions are among the most difficult that the industry has faced in recent years. The current trends in maritime shipping data suggest increased shipment delays and further inflationary pressures on rates. The SONAR data platform offers the fastest and deepest set of freight market data on the planet.
Many companies have realized that their data lakes and homemade control towers aren’t providing the comprehensive overview they’d hoped for; although these systems enhance data richness within individual companies, they often struggle to incorporate and assimilate external data effectively due to a lack of standardization.
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. The volatility in the auto industry has wreaked havoc on the Detroit freight market. .
Another powerful use of KPIs is in the benchmarking of your companys performance against that of your competitors and industry peers. 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.
Rate data is available for Van (TSTOPVRPM), Reefer (TSTOPRRPM) and Flatbed (TSTOPFRPM) modes. . While SONAR has other indices for rate data, Truckstop.com data is important as many small to medium (and some large) brokerages rely on the site to source carriers. You can view data in weekly, bi-weekly, monthly and annual changes.
In some industries, suppliers account for over 80 percent of the value of the products that are produced. In one McKinsey survey of more than 100 large organizations in multiple sectors, companies that regularly collaborated with suppliers demonstrated higher growth, lower operating costs, and greater profitability than their industry peers.
The Internet of Things (IoT) is a new, real-time digitalized system that enables sensing, data collection, and sharing. This innovative technology is transforming various industries. Outbound Logistics Track assets on their way to their final destination, providing customers and suppliers with up-to-the-minute ETA visibility.
In addition, returns typically cost more to handle than outbound shipments – 3 to 4 times more for traditional retail companies, for example. Some industries experience more returns than others. The impact of returns too, can differ from one industry or organisation to another. Forecast demand better.
spoke on best practices on supply chain risk management at ARC Advisory Group’s Digital Transformation in Industry conference. Autoliv is the world’s largest safety system supplier in automotive industry. Autoliv is the largest supplier of safety systems to the automotive industry. The implementation was not trivial.
The shipping industry is continuing to suffer the effects of a pandemic-driven demand that some carriers simply cannot handle. The industry is experiencing an all-time high on demand, and for carriers, improper asset allocation dramatically increases the risk of blowback and bankruptcy. And it’s important to understand why.
The shipping industry is continuing to suffer the effects of a pandemic-driven demand that some carriers simply cannot handle. The industry is experiencing an all-time high on demand, and for carriers, improper asset allocation dramatically increases the risk of blowback and bankruptcy. And it’s important to understand why.
Businesses operating globally are subject to specific industry and country regulatory policies enforced in every region, requiring extensive governance of ongoing trade compliance programs. Combined with the shipment criteria, complete supply chain visibility is achieved for both inbound and outbound material movements and product quality.
The freight brokerage industry has traditionally focused its attention on the training and development of its customer sales staff. Should] you just figure out if it should be 5% or 6% [without data]?” SONAR is near-real-time data. Photo: Jim Allen/FreightWaves at Edge Logistics.
I am continuing to work on my latest Transportation Execution and Visibility Systems study, which looks at the total size of the market, the forecasted growth through 2026, and the leading suppliers across a number of categories including industry, region, customer size, and mode. Real-Time Visibility Data.
The data indicates that export volumes are going down month on month and import volumes are increasing, making it detrimental to the US economy and concerns have been raised by several quarters in the media. As per data from Shifl.com, the import rates did come down slightly at the end of October but seems to be rising slightly again. “
My answer — to CIOs in particular — boils down to the complicated and disconnected stack of supply chain solutions most companies are saddled with, from legacy systems that weren’t architected to ingest and process real-time data to newer point solutions that are siloed from other critical operational systems. He lives in Chicago.
Now, an unseasonable upswing in truckload tender volumes is infusing the industry with a fresh sense of optimism. While high-frequency data is useful in all markets, the forward-looking insights housed in FreightWaves SONAR are the most crucial during inflection points like this one.
The industrial equipment and machinery (IM&E) industry needs to start looking at solutions that will handle change in key elements of the supply chain, production operations, and shipment activities without being disrupted. Manufacturers have realized that while they may aim to be stable, what they really need is to be agile.
Many enterprises have taken heed and determined that inbound and outbound transport and warehousing are consequential processes of their business rather than fundamental or core processes. This has fuelled growth of the third-party outsourcing industry and expansion of scores of logistics service providers. Flexibility andScalability.
Unfortunately, disruption and market volatility – sudden changes within the industry – will often have a dramatic effect on the spot market. Freight management remains an industry in which balance reigns supreme. The data analyzed within today’s freight market goes back to the beginning of digital transformation.
Process manufacturing is not the same for all industries. For example, the manufacturing of pharmaceuticals vs. processing liquid waste in the mining industry. Process industry challenges. From inbound, to processing, to storing and outbound. The data that the ERP system holds can be used to get accurate production costs.
A MSCN is a collaborative solution for supply chain processes built on a many-to-many architecture which supports a community of trading partners and third-party data feeds. Their solutions ingests real-time GPS information on the location of an inbound or outbound shipments. Then there is FourKites.
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