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

NOVEMBER 25, 2020

For those who are seeking how to be a successful freight broker, they should first look at how they can make themselves stand out. Differentiation for freight brokers is often difficult to achieve. And then there are the different freight broker business models. 3 Tips on How to Be a Successful Freight Broker.

Tips 105

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FreightWaves SONAR

DECEMBER 23, 2020

Freight brokers have had to quickly switch from expense accounts to cameras. Those that embraced this change are experiencing the successes of signing huge deals in their home offices, rather than spending a full day traveling to a 30-minute meeting. . 5 Freight Broker Prospecting Tips Using Video Sales Calls.

Tips 96

Tips Video Freight White Paper 96

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. But that’s not the full picture.

Data 98

Data Reliability Supply Chain Planning Software Trucking 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

JANUARY 8, 2021

Analytics-driven processes are the go-to strategies for all freight management parties that seek to increase profitability. But there can be problems in carrier freight KPIs creation and use. Here are 18 top carrier benchmarking KPIs that trucking freight carriers should start tracking today. Workforce freight KPIs.

Expense Reduction 104

Expense Reduction Freight Price Reduction Purchasing Skills 104

FreightWaves SONAR

APRIL 1, 2021

As truckload capacity tightens, more companies find themselves faced with a choice between paying the cost of higher shipping or passing it along to customers, affecting all facets of freight management along the way. USA ticker show a trend toward significant increases going forward. And it’s important to know why. According to John D.

Freight 93

Freight Optimal Sourcing Logistics Network Optimization Software White Paper 93

FreightWaves SONAR

JANUARY 5, 2021

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. Now, the industry is changing yet again. Download the White Paper.

Data 88

Data Price Reduction Freight Resource Reduction 88

RPA Labs

NOVEMBER 11, 2021

There have been significantly more mergers and acquisitions in recent years in freight forwarding, including “TFI International’s $800-million acquisition of UPS Freight; Uber Freight’s $2.25-billion Increasing Competition in Freight Forwarding. billion purchase of Transplace; DP World’s $1.2-billion A Talent Shortage.

Freight forwarding 92

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FreightWaves SONAR

JANUARY 26, 2021

Supply chain leaders continue to focus their efforts on finding the right mix of assets used, market positioning and carrier freight pricing strategies. However, this is about a different type of freight load balancing-the balancing of assets. Defining freight load balancing. For carriers, it’s all about balance.

Price Reduction 78

Price Reduction Cost Reduction Waste Reduction Optimal Sourcing 78

GlobalTranz

MAY 8, 2015

Freight rating software is a necessity for shippers and 3PLs. There is more at stake in the choice of a freight rating system. When shopping for a Freight Rating Software System with TMS, look for key points that will add value and provide additional benefits for shippers. The Basic Functionality of a Freight Rating System.

Supply Chain Planning Software 90

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Envase Technologies

OCTOBER 12, 2021

Book a Demo to learn more. Request a demo to see how DM Maintenance can streamline your vehicle repair, inventory, and equipment management. Our CTO, Bobby Land, will be there and would be excited to meet up to talk about what the future holds for Envase !

Optimization Software 98

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FreightWaves SONAR

OCTOBER 31, 2024

The freight market continues to battle the freight recession that has been ongoing for over two years, and there have been signs that the market is slightly more sensitive to outside events. To learn more about how you can utilize SONAR data at your organization, request a demo.

Supply Chain Planning Software 52

Supply Chain Planning Software Inventory Reduction Cost Reduction Outbound 52

FreightWaves SONAR

FEBRUARY 19, 2021

(Graphics created by Emily Ricks) There are many attributes to consider when considering a truck freight rate. This is particularly important to weigh because of the impacts that freight rates have on the entire industry. Freight managers need to take a few considerations into account with all decisions. Unfortunately, the U.S.

Freight 78

Freight Trucking Demo Cost Reduction 78

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

Dedola Global Logistics

SEPTEMBER 1, 2024

In the current economic climate, characterized by volatile freight rates and limited capacity and equipment, importers face unprecedented challenges. Expedited ocean freight services have emerged as a viable option, offering significant benefits in these turbulent times.

Expense Reduction 76

Expense Reduction Cost Reduction Freight Price Reduction 76

FreightWaves SONAR

DECEMBER 28, 2020

Throughout most freight shipping chains, there are four types of providers offering services through requests for proposals (RFPs), such as full truckload RFPs and less-than-truckload RFPs and similar contractual agreements. Therefore, they are the ones with direct influence on how freight gets handled and shipped.

Waste Reduction 105

Waste Reduction Trucking Cost Reduction White Paper 105

Locus

JANUARY 9, 2025

Health-related absenteeism has resulted in reduced output, while transportation delays are echoing the freight challenges seen during the height of the COVID-19 pandemic. Health-related absenteeism and operational challenges can disrupt output, leaving industries struggling to meet demand. Chat with our experts and book your demo now.

Supply Chain Software 59

Supply Chain Software Optimal Sourcing Sourcing Strategies Supply Chains 59

FreightWaves SONAR

NOVEMBER 1, 2021

Meet the new year, same as the old year? The factors driving the tight freight market seem to be sticking around forever, like your in-laws at Christmas. Request a SONAR Demo. Request a SONAR SCI Demo. at the same time. That analysis should help you to determine which carriers you want to solicit bids from.

White Paper 98

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FreightWaves SONAR

MARCH 25, 2021

It is something that needs to be practiced more often when it comes to planning and predicting freight rates. As highlighted by LinkedIn , a staggering 80% of bargaining is preparation, analysis, data review and planning before any meeting or discussion occurs. Request a SONAR Demo. Request a SONAR SCI Demo.

Scenario Planning 98

Scenario Planning Data Logistics Network Optimization Software Demo 98

FreightWaves SONAR

FEBRUARY 11, 2021

While the industry moves toward more cohesive programs to track performance, including profitability per load, the need to boost benchmarking through freight KPIs is absolute. Tasks such as annual freight rate discussions and contract bids are more productive and accurate. Request a FreightWaves SONAR demo to get started.

Procurement Analytics 98

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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. Successful use of the shipper of choice tips also comes down to meeting customers’ wants and needs quickly, effectively and in an affordable manner. Always put carrier needs first.

Tips 111

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Shipchain

MAY 3, 2019

The trucking industry moves more than 70% of America’s freight, and gross freight revenues from trucking exceeded $726.4 Today, shippers are demanding more availability, time and capacity, and truckers are struggling to meet these demands. billion in 2015, reports TechCrunch.

Supply Chain Planning Software 117

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FreightWaves SONAR

JANUARY 21, 2021

Market volatility remains among the most impactful and essential of all freight analytic data that shippers and carriers need to monitor. It will help shippers recognize when, where and how freight spend could likely shift. Improved rates and enhanced tech-driven guides that are utilized throughout the freight network.

Supply Chain Planning Software 97

Supply Chain Planning Software Inventory Reduction Resource Reduction Price Reduction 97

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

Freightos

JULY 2, 2024

More Resources Home July 2, 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 fell 13% to $3.75/kg.

Logistics Network Optimization Software 109

Logistics Network Optimization Software Data Groups Freight 109

FreightWaves SONAR

FEBRUARY 11, 2021

However, enterprise shippers can make a comeback by implementing smart truckload shipping strategies by retooling and putting freight forecasting power to work. Using digital freight matching platforms is the best strategy to secure meaningful and practical capacity. Freight transport cost per shipment. Customer satisfaction.

Sourcing Strategies 98

Sourcing Strategies Cost Reduction Supply Chain Planning Software Optimization Software 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

JANUARY 19, 2021

Successful freight management hinges on effective procurement and insight into current market conditions. And now is also the time when carriers typically start thinking about what new rates to ask for in trucking RFP bids or when working with more freight brokerages. Success lies in understanding two fundamental aspects of freight.

Supply Chain Planning Software 98

Supply Chain Planning Software Sourcing Strategies Expense Reduction Scenario Planning 98

Trinity Logistics

AUGUST 3, 2021

A TMS can often end up saving you money in the long term by helping you better manage your freight spend and performance. As mentioned above, most often all your freight is not hauled by the same carrier. Because of this, freight tracking can be challenging. Or find out what your freight costs were on certain lanes.

Supply Chain Design Software 139

Supply Chain Design Software Logistics Network Optimization Software Supply Chain Software Procurement Solutions 139

FreightWaves SONAR

MARCH 31, 2021

Domestic freight management importers are scrambling to find a more reliable point of entry by booking freight coming into less-congested areas. The Inbound Ocean Shipments Index measures freight booking activity for shipments entering the U.S. at the port level based on estimated departure dates.

Networks 69

Networks Freight Outbound Demo 69

FreightWaves SONAR

MARCH 29, 2021

And according to Brian Straight of FreightWaves , a routing guide is a living document that enables faster transportation management and keeps freight spend under control based on lane volatility, seen also within SONAR SCI Lane Acuity. What is a routing guide : a list of preferred carriers for tendering freight.

Supply Chain Software 95

Supply Chain Software Resource Reduction Document Demo 95

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

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

FreightWaves SONAR

DECEMBER 29, 2020

And freight transportation is increasingly done “on the fly.” Freight management parties need to understand why procurement falters without technology and how technology can boost sourcing across all industries. Technology will always change and grow, and the freight industry must keep up to survive.

Supply Chain Design Software 98

Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing Supply Chain Software 98

FreightWaves SONAR

MARCH 9, 2021

These short-haul trucks deliver FTL or LTL freight loads between one form of transport and another.” H aving access to real-time freight data and being able to make good use of it is essential for global trade and maritime shipping. As such, they avoid out-of-stock inventory and can meet customer demands. Request a SONAR Demo.

Supply Chain Planning Software 98

Supply Chain Planning Software Scenario Planning Data Optimal Sourcing 98