FreightWaves SONAR

SEPTEMBER 1, 2021

Freight demand tends to climb leading into a storm and then falls off in the markets heavily affected in the days immediately following severe weather (and the length of disruption depends on the damage done). For example, the Outbound Tender Volume Index (OTVI) is a 7-day moving average of shippers’ requests for capacity.

Freight 98

Freight Inbound Demo Events 98

FreightWaves SONAR

FEBRUARY 26, 2021

(Graphics created by Emily Ricks) Successful freight trucking depends on the joining of profitable loads with timely delivery. Of course, measuring revenue through the growing demands for both contract and spot freight transportation is never simple addition and subtraction. Broken down to reefer, dry van and flatbed.

Trucking 96

Trucking Freight Price Reduction Cost Reduction 96

FreightWaves SONAR

NOVEMBER 19, 2020

Global supply chains suffer from limited visibility and a general want for supply chain intelligence in carrier sourcing , freight tendering and all other processes. Consider this example. Without supply chain visibility, a retailer cannot realistically move freight to other markets to take advantage of trucking capacity.

Supply Chain Software 105

Supply Chain Software Supply Chains Scenario Planning Sourcing Strategies 105

FreightWaves SONAR

MARCH 9, 2021

That’s the onus of electronic freight tender trucking data when compared to lagging submitted data that may take 7 to 14 days to come in. The freight market makes real-time decisions, and when it comes to navigating the freight market, they need near-real time data to proactively plan. Request a SONAR Demo.

Data 98

Data Reliability Supply Chain Planning Software Trucking 98

FreightWaves SONAR

FEBRUARY 8, 2021

Unlike contracted rates, the spot freight market is full of wild price swings and uncertainty. And in freight management, a delay of a day or even hours can amount to significant delays and a poor customer experience. In general, this results in a preference for contract freight among shippers and carriers alike. Consider this.

Price Reduction 94

Price Reduction Freight Resource Reduction White Paper 94

FreightWaves SONAR

DECEMBER 3, 2020

Shipping analytics tools shine a light on the value of informed freight management. Freight market participants need these top shipping analytics tools in their freight stack. Shipping status tools to track freight. For example, just-in-time fulfillment models, drop-shipping, and cross-docking avoid wasted space.

Supply Chain Planning Software 76

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

The Logistics of Logistics

DECEMBER 9, 2019

It’s a slower workflow because, for example, you might have to hand write things. Many carriers, 3PLs, and digital freight brokers have upgraded to faster, easier payments through technology. We typically get them to see a short demo. The talent pool is excellent and there are lots of tax advantages. [07:45]

Logistics Network Optimization Software 195

Logistics Network Optimization Software Logistics Demo Sorting 195

FreightWaves SONAR

DECEMBER 10, 2020

Some of the most cost-effective software and methods supply chain professionals and the best freight brokers can adopt are supply chain predictive analytics programs. Some of the challenges with the supply chain will and already do accurately predict freight’s future. Request a SONAR Demo.

Supply Chain Planning Software 95

Supply Chain Planning Software Supply Chain Software Supply Chains Logistics Network Optimization Software 95

FreightWaves SONAR

DECEMBER 21, 2020

In this edition of “SONAR Indices & Insights,” the SONAR team will explain another index found within SONAR, the freight forecasting platform from FreightWaves. In this article, you learn what the RESL Index is, what it may tell various freight market participants, and what the RESL Index can do for each freight market participant.

Trends 98

Trends Freight Demo Purchasing Skills 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. Quite simply, it costs money to ship freight and the amount can vary significantly by region, zone, mode and more.

Cost Reduction 105

Cost Reduction Waste Reduction Expense Reduction Price Reduction 105

FreightWaves SONAR

MARCH 15, 2021

The introduction of this first application within SONAR SCI was built with leaders at companies that spend millions of dollars on freight shipping. SONAR Lane Acuity Plus provides lane-level insight into market stability and rate benchmarking , helping participants identify freight rate and capacity risk on a lane. .

Optimal Sourcing 98

Optimal Sourcing Procurement Analytics Procurement Solutions Procurement 98

FreightWaves SONAR

MARCH 5, 2021

Much of the debate over freight analytics rests on how well predictive analytics aligned with what was observed in the market. But that concept often falls by the wayside in supply chain analytics, especially when assessing the accuracy of predictions using freight data or a forecasting engine. USA and FWSR28.USA

Freight 98

Freight Cost Reduction Expense Reduction Price Reduction 98

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

FreightWaves SONAR

MARCH 22, 2021

In this edition of “SONAR Indices & Insights,” readers will learn about FreightWaves SONAR’s Weighted Rejection Index (WRI) to monitor trucking capacity in the freight market and the impact rejections have on shipping rates. For example Atlanta’s OTMS value is 4% and outbound rejections increased from 3% to 5% over the past seven days.

Capacity 98

Capacity Price Reduction Demo Cost Reduction 98

FreightWaves SONAR

APRIL 1, 2021

Less-than-truckload shipping, also known as LTL shipping, is nothing new within the transportation and shipping industry, but it has become more of a game-changer in recent years with freight rate prediction. LTL shipping rates would historically depend on freight class and the cost per hundredweight .

Negotiating Skills 98

Negotiating Skills Price Reduction Trends How To 98

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 Europe – N.

Negotiating Skills 118

Negotiating Skills Price Reduction Optimal Sourcing Vendor Strategies 118

FreightWaves SONAR

MARCH 24, 2021

Brokerage leaders are turning to this strategy for their freight business. Many small and medium-sized brokerages find themselves entering the freight brokerage market with a specialized niche. While it is possible to continue revenue growth, you work extremely hard during down periods in your freight business just to remain stable.

Freight 72

Freight Price Reduction Cost Reduction Inventory Reduction 72

Parade

JANUARY 26, 2021

tl/dr - Don’t buy software-especially anything around “freight tech”-if your vendor can’t show you exactly what impact you’ll get and which knobs to tune. but there is one reason that is particularly relevant to freight brokers as they think about how to use technology to create an advantage vs. their peers. Inputs vs. Outputs.

Freight 78

Freight Digital Examples Blog 78

Parade

JANUARY 26, 2021

tl/dr - Don’t buy software-especially anything around “freight tech”-if your vendor can’t show you exactly what impact you’ll get and which knobs to tune. but there is one reason that is particularly relevant to freight brokers as they think about how to use technology to create an advantage vs. their peers. Inputs vs. Outputs.

Freight 78

Freight Digital Examples Blog 78

GlobalTranz

FEBRUARY 24, 2015

When you want to drive down your logistics and transportation spend, the very first thing that you need is freight and transportation data. Accurate freight and transportation data is particularly important. With freight costs rising, the task of teasing out hidden costs is becoming increasingly critical.

Data 94

Data Transportation Cost Reduction Material Savings 94

Blue Grace Logistics

JUNE 22, 2021

Freight capacity demand continues to congest delivery schedules, putting global supply chains in a state of strain today. Even as demand continued to consistently increase and stay elevated this year, transportation networks have struggled to keep up with their limited freight capacity. Want a free BlueShip Demo?

Capacity 71

Capacity Freight Supply Chain Software Manufacturing Procurement 71

FreightWaves SONAR

JANUARY 4, 2021

That’s a loaded question, and it requires a review of all existing shipping services, freight brokerage value-added talking points and more. The best examples of shippers of choice provide services along several trucking routes. Such a focus allows them to deliver in-demand services for short-term and long-term contracts.

Tips 111

Tips Security Capacity Supply Chain Software 111

FreightWaves SONAR

JANUARY 7, 2021

Take this example reported by Richard Davis in Supply & Demand Chain Executive , “It’s 7:00 p.m., While that’s an example of a particular warehouse, it has a natural implication for carriers. Remember that carriers are those that actually move freight. Consider the following example. Request a SONAR Demo.

Supply Chain Software 98

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

FreightWaves SONAR

FEBRUARY 26, 2021

When leading a freight sales team, it is critical to recognize the importance of a sales representatives’ time management and where their attention is directed in order to get the best return on their efforts. Many freight sales professionals will tell you they landed a customer because they “called them at the right time”.

Freight 64

Freight Outbound Demo Logistics Network Optimization Software 64

FreightWaves SONAR

NOVEMBER 24, 2020

Market dynamics of freight management can turn on a dime. Simultaneously, shippers must realize market volatility and other factors contribute to higher freight spend and uncertainty. Seeing market volatility and conditions at any point will inevitably allow shippers to recognize when freight spend will shift.

Data 105

Data Supply Chain Planning Software Resource Reduction White Paper 105

FreightWaves SONAR

NOVEMBER 6, 2020

Operating a successful freight brokerage means offering competitive rates to shippers, working with more carriers, and keeping employees happy. To that end, consider these freight broker salary ranges and how they respond to the market. For example, the following BLS map shows the annual mean wages by state: From [link].

Freight 71

Freight Negotiating Skills Buyer Training Data 71

Freightos

JUNE 4, 2024

More Resources Home June 4, 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 decreased 5% to $5.43/kg kg China – N.

Logistics Network Optimization Software 118

Logistics Network Optimization Software Data Capacity Freight 118

Freightos

MAY 1, 2024

More Resources Home May 1, 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. China – N. Europe weekly prices increased 23% to $4.37/kg.

Data 118

Data Logistics Network Optimization Software Freight Cargo 118

Freightos

JULY 30, 2024

More Resources Home July 30, 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. China – N. Europe weekly prices stayed level at $3.39/kg.

Price Reduction 118

Price Reduction Supply Chain Software Data Freight 118

FreightWaves SONAR

FEBRUARY 8, 2021

In this edition of “SONAR Indices & Insights,” the SONAR team describes how freight market participants can view a leading indicator of incoming ocean shipments before they leave the port of origin. This is possible using the new Ocean TEUs indices found in SONAR, the freight forecasting platform from FreightWaves. .

Outbound 98

Outbound Procurement Analytics Demo Freight 98

FreightWaves SONAR

FEBRUARY 16, 2021

Truck fleet management has always been intensely focused on knowledge of the freight market. And freight KPIs can serve as a valuable tool for freight market intelligence. Freight intelligence tools help management develop a more unified freight strategy. Streamline data capture and analysis.

Supply Chain Software 98

Supply Chain Software Trucking Expense Reduction Resource Reduction 98

Freightos

NOVEMBER 7, 2023

Here at Freightos, our vision is to digitalize international freight–air and ocean. But so far air freight and ocean freight have gone in different directions. There is progress in digitalizing ocean freight, but its been slow and inconsistent.

eBook 116

eBook Optimal Sourcing Negotiating Skills Digital 116

Shipchain

MAY 3, 2019

The trucking industry moves more than 70% of America’s freight, and gross freight revenues from trucking exceeded $726.4 For example, according to Geotab.com , this has an additional implication for tracking detention time and pay. billion in 2015, reports TechCrunch.

Supply Chain Planning Software 117

Supply Chain Planning Software Logistics Network Optimization Software Efficiency Supply Chain Software 117

FreightWaves SONAR

FEBRUARY 17, 2021

Mobile devices have proven optimal for implementing innovative strategies, connecting freight loads with other equipment and assets , and more. But even more importantly, this freight data enables shippers to optimize their company’s operations in various ways by avoiding overspend and more. Request a SONAR Demo.

Supply Chain Planning Software 98

Supply Chain Planning Software Data Negotiating Skills Negotiate Pricing 98

FreightWaves SONAR

JANUARY 21, 2021

Staying focused on goal-oriented freight KPIs can go a long way to help. As a few examples, these are four critical KPIs to focus on: Owner-operator to driver ratio – A lower ratio here means more opportunities for in-house drivers who bring more affordable rates. . And continue by getting access to the freight data you need.

Data 98

Data Sourcing Strategies Tips Optimal Sourcing 98

Trinity Logistics

AUGUST 31, 2022

Get started with a demo of Trinity's TMS. Freight Accruals Cost Allocation Carrier Scorecard Least Cost Carriers Power Lanes. FREIGHT ACCRUALS. Freight accruals can give you insight to your transportation costs in your logistics analytics. TOP 5 LOGISTICS REPORTS YOU NEED. COST ALLOCATION.

Cost Reduction 114

Cost Reduction Negotiating Skills Expense Reduction Logistics Network Optimization Software 114

Shipchain

MAY 29, 2019

For example, consider the following benefits of blockchain in the supply chain : Traceability allows for the corruption-proof means of tracking goods, raw materials or shipments in real-time. Faster processing applies to payment management, securing available freight capacity, load planning and more.

Supply Chain Planning Software 126

Supply Chain Planning Software Supply Chains Vendor Strategies Cost Reduction 126