FreightWaves SONAR

FEBRUARY 3, 2021

The freight market is always changing; that is why you need the freight forecasting platform with the most current data and insights. Watch the episode below: SONAR is the only freight forecasting platform that combines contract tender data with spot rate data to create predictive freight rates. Request a SONAR Demo.

Video 105

Video Freight Logistics Network Optimization Software Demo 105

FreightWaves SONAR

DECEMBER 22, 2020

And even the freight management analytics of five years ago do not necessarily respond well to today’s shifting and changing market. And that all begins with deploying advanced freight management analytical resources and tools that actively work to lower all risks, ranging from detention through final mile management.

Logistics Network Optimization Software 105

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FreightWaves SONAR

NOVEMBER 12, 2020

There are many aspects of day-to-day shipping processes that any freight broker must monitor. According to TruckingInfo.com , “Some envision technology in the freight market doing what Uber and Lyft have done in the ride-sharing market or Airbnb in the vacation market. Transportation costs are among the most critical of these.

Supply Chain Software 98

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FreightWaves SONAR

MARCH 26, 2021

(Graphics created by Emily Ricks) Responsible freight management parties have a duty to understand how their enterprise goals impact others. These include: Risk of higher freight spend through waiting costs. USA and IMCSIF.USA to prioritize your use of intermodal based on accurate freight market rates. Risk of loss at terminals.

Freight 97

Freight Cost Reduction Demo Tracking and Tracing 97

FreightWaves SONAR

DECEMBER 15, 2020

What are the biggest contributors to freight spend? Is it freight pricing models, capacity constraints, lackluster carrier density or something else? And while leveraging a freight rate index or ocean import data to lower detention risk , the sheer size of the supply chain makes management difficult at best.

Scenario Planning 105

Scenario Planning Freight Supply Chain Planning Software Supply Chain Software 105

FreightWaves SONAR

NOVEMBER 10, 2020

When it comes to establishing truckload freight quotes for customers, it is essential to use automation to get the most accurate results and offer the most competitive rates. To that end, let’s take a closer look at the value of truckload freight quotes that use automation. Automated truckload freight quotes reduce delays.

Supply Chain Software 104

Supply Chain Software Automation Supply Chain Planning Software Freight 104

FreightWaves SONAR

NOVEMBER 23, 2020

Successful freight brokerages combine networking and business skills to add capacity through carrier sourcing to secure more customers’ loads. Since they act as both carriers and shipper-like entities, the right blend of freight broker resources is essential to maximizing value. Near real-time data. Market intelligence tools.

Resource Reduction 98

Resource Reduction Security Capacity Freight 98

FreightWaves SONAR

APRIL 9, 2021

Due to the ramifications of the COVID-19 pandemic over the last year, the freight business has experienced marketplace volatility. According to PS Market Research , shippers and freight management parties expect to see a tremendous growth rate of 8.0% Checking incoming freight from the source is vital.

Refrigeration 93

Refrigeration Freight Optimal Sourcing Negotiating Skills 93

FreightWaves SONAR

APRIL 9, 2021

And the freight routing guide is the best place to begin. Prescribes routes based on shipment size and origin The freight routing guide is a series of instructions that indicate the modes, service levels and other requirements for each inbound and outbound shipment. Labeling is a critical aspect of any logistics operation.

Freight 98

Freight Supply Chain Design Software Resource Reduction Vendor Strategies 98

FreightWaves SONAR

FEBRUARY 4, 2021

Optimizing truckload freight spend is essential in today’s freight market. Track truckload freight accessorial costs As reported by Inbound Logistics , “Carriers price accessorials, such as liftgate or non-commercial delivery, at a premium. Choose the right carrier based on landed freight spend. Download the White Paper.

Optimization Software 98

Optimization Software Negotiate Pricing Negotiating Skills Optimization Modeling 98

FreightWaves SONAR

SEPTEMBER 20, 2021

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. Request a SONAR Demo. Request a SONAR SCI Demo.

White Paper 98

White Paper Negotiating Skills Purchasing Skills Freight 98

FreightWaves SONAR

MARCH 23, 2021

However, increasing freight management efficiency can come in several different forms and can present a difficult challenge. Avoid destinations with a lower likelihood of an empty backhaul One significant aspect of freight management to consider is the risk of empty backhauls. Download the White Paper.

Resource Reduction 98

Resource Reduction Efficiency Cost Reduction Freight 98

FreightWaves SONAR

MARCH 4, 2021

Managers can calculate freight rate charge estimates to see what needs to be passed on to customers and what needs to be made up for elsewhere in the supply chain. Freight calculators can also help with budgeting to ensure suppliers, drivers, employees, and third-party members are all covered. Why are logistics calculators so popular.

Supply Chain Planning Software 130

Supply Chain Planning Software Freight Optimization Software Resource Reduction 130

FreightWaves SONAR

MARCH 22, 2021

Big data and predictive freight rates in the digital supply chain are nothing new. Regardless of segment, the need for technology and insight via real-time predictive freight rates that can explore the specifics are critical to success. Even worse, predictive freight rates using outdated data may do more harm than good. .

Data 98

Data Negotiating Skills Freight Resource Reduction 98

FreightWaves SONAR

OCTOBER 11, 2021

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. Request a SONAR Demo. Request a SONAR SCI Demo.

White Paper 98

White Paper Freight Demo Maritime 98

FreightWaves SONAR

JULY 24, 2023

Freight costs and budget adherence are among the most important and often overlooked aspects of transportation management. Measuring performance with transportation KPIs and freight data is getting easier. Budgeting and managing freight costs are critical to overcoming any disruptions and increasing profitability.

Cost Reduction 105

Cost Reduction Tips Expense Reduction Supply Chain Planning Software 105

FreightWaves SONAR

APRIL 13, 2021

With the proper use of data and freight analytics , contract procurement and securing capacity can be enhanced. Freight consolidation (commonly referred to as retail consolidation, or simply consolidation) is not a new concept. Those are the founding principles behind SONAR SCI Lane Acuity.

Negotiating Skills 97

Negotiating Skills Optimal Sourcing Sourcing Strategies Data 97

FreightWaves SONAR

DECEMBER 1, 2020

However, the applications of real-time freight data remain disparate and lack value. Let’s give you the top 10 warehouse KPIs to track that will inevitably impact freight management. Since on-time delivery accounts for both inbound and outbound freight , it has a natural effect on the full supply chain. On-time deliveries.

Purchasing Skills 100

Purchasing Skills Freight Procurement Analytics Optimal Sourcing 100

FreightWaves SONAR

FEBRUARY 15, 2021

Asset-based carriers have found using predictive freight rates improves their business. According to Transport Topics , the majority (66%) of freight management parties believe analytics will be essential to staying competitive in the near future. Additional uses of predictive freight rates for asset-based carriers.

Freight 98

Freight Logistics Network Optimization Software Resource Reduction White Paper 98

FreightWaves SONAR

DECEMBER 22, 2020

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. A confident, data-driven trucking RFP undertaking can make a big difference in freight spend.

Optimization Software 105

Optimization Software Optimization Tips Price Reduction 105

FreightWaves SONAR

MARCH 5, 2021

Once weather like the snowstorm in Colorado or the one seared into Texans’ Valentine’s Day memory hits, it’s easy to predict what is going to happen next—the freight market in the area halted to a stand-still and strangled capacity , as also reported by The Dallas Morning News. Capacity signals for the freight market.

Freight 98

Freight Price Reduction Cost Reduction Outbound 98

FreightWaves SONAR

APRIL 6, 2021

The transportation of freight not needing the entire space of a truck is LTL freight. Trucking rates vary depending on the type of freight, load size and destination. Why changes in parcel or truckload rates impact LTL Freight. It is much like rideshare for freight shipments.

Capacity 90

Capacity Freight Supply Chain Software Supply Chain Planning Software 90

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). The problem that FEMA faces currently is that the freight market is tighter than it has been in recent history.

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

DECEMBER 11, 2020

Co-hosts Kyle Taylor and Luke Falasca focused on freight forecasting during COVID-19 on this episode of #WithSONAR. Know more, faster – and find just what you need with SONAR’s freight intelligence around the activities and hallmarks of the freight market! Get a Demo of SONAR's Lane Scorecard.

Video 98

Video Freight Resource Reduction Demo 98

FreightWaves SONAR

AUGUST 18, 2021

Understanding freight trends from the beginning of the supply chain all the way through to delivery is important for all parties involved. Identifying trends in the maritime market is also important, because increased ocean freight impacts domestic transportation markets as freight arrives on shore.

Trends 94

Trends Freight Outbound Maritime 94

The Logistics of Logistics

JUNE 23, 2022

Shippers that do not yet have a plan in place are more likely to find most of their freight moving through the spot market in Q3 and Q4. As noted by DC Velocity , “ most freight forwarders, traders, and shippers expect more disruption in the 2022 third-quarter peak season than they felt last year.

Supply Chain Planning Software 359

Supply Chain Planning Software Scenario Planning Cost Reduction Material Savings 359

FreightWaves SONAR

MARCH 30, 2021

Establishing a practical freight routing guide helps outline essential rules of engagement for vendors, clients and supply chain managers. Request a FreightWaves SONAR or a SONAR SCI demo by clicking the button below to get started. Request a SONAR Demo. Request a SONAR SCI Demo. Download the White Paper.

Compliance 98

Compliance Supply Chain Software Supply Chain Planning Software Data 98

FreightWaves SONAR

APRIL 12, 2021

One of the most popular tools that drives the supply chain to new heights is the process of intermodal freight shipping. Freight management parties need to know the vital data points that can help keep intermodal lanes moving smoothly and efficiently while also keeping shipping rates and costs under control.

Availability 98

Availability Data Supply Chain Planning Software Freight 98

FreightWaves SONAR

NOVEMBER 5, 2020

And despite freight market volatility, the freight market continues expanding. According to Globe News Wire , “The Freight and Logistics Market are estimated to grow at a CAGR of approximately 5% during the forecast period.” Connect your scorecard resources to freight forecasting platform tools, such as SONAR Lane Scorecard.

Modeling Software 105

Modeling Software Optimization Modeling Modeling Freight 105

FreightWaves SONAR

NOVEMBER 11, 2020

The best freight brokers ask the right questions in freight broker sales when prospecting for new business. The 5 Questions the Best Freight Brokers Ask when Prospecting. This is one of the most important qualifiers for the best freight brokers when prospecting shippers. Sample questions the best freight brokers ask: .

Freight 118

Freight Outbound White Paper Logistics Network Optimization Software 118

FreightWaves SONAR

DECEMBER 9, 2020

Most freight brokers have to source their own freight broker leads. It’s often a time-consuming process that is difficult for many freight brokers and freight brokerage businesses. It’s a label freight brokers slap on all companies shipping freight. 6 Tips to source freight broker leads. #1:

Sourcing Strategies 105

Sourcing Strategies Purchasing Skills Sourcing Tips 105

FreightWaves SONAR

APRIL 2, 2021

(Graphics created by Emily Ricks) There are ample opportunities to take advantage of spot versus contract freight data insights. Spot freight provides a short-term way to source capacity and boost procurement outside of contracted rates whether TL or LTL. That’s simply not true.

Purchasing Skills 98

Purchasing Skills Optimal Sourcing Sourcing Data 98

FreightWaves SONAR

SEPTEMBER 16, 2021

It has reached such a critical point that increased demand is driving shifts into the air freight market. Numerous apparel companies, including Lululemon, Adidas and Crocs have all announced plans to increase their reliance on air freight in order to have inventory onshore during the holiday season. Request a SONAR Demo.

Freight 98

Freight Supply Chain Planning Software Outbound Manufacturing Procurement 98

FreightWaves SONAR

DECEMBER 23, 2020

Freight brokers have had to quickly switch from expense accounts to cameras. Here are five freight broker prospecting tips from the TV production crew at FreightWaves to help you out with looking and sounding your best on video sales calls. . 5 Freight Broker Prospecting Tips Using Video Sales Calls.

Tips 96

Tips Video Freight White Paper 96

FreightWaves SONAR

DECEMBER 16, 2020

To help brokerages understand the value and application of data, this white paper will explore: The benefits of actionable data insights for freight brokerages. Request a SONAR Demo. The post [WHITE PAPER] How Data Powers Freight Brokerage ROI: Increasing load execution and broker profitability appeared first on SONAR.

White Paper 98

White Paper Data Freight Modeling Software 98

FreightWaves SONAR

DECEMBER 4, 2020

And one of the easiest ways to keep up-to-date with the latest news and trends is to follow the available top freight podcasts. Managers, team members, and anyone involved in freight tracking, shipping, logistics or management can benefit from the information and insight provided in these great freight, logistics, and supply chain podcasts.

Freight 105

Freight Logistics Network Optimization Software Supply Chain Software After-sales 105