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. Without supply chain visibility, a retailer cannot realistically move freight to other markets to take advantage of trucking capacity. Request a SONAR Demo.

Supply Chain Software 105

Supply Chain Software Supply Chains Scenario Planning Sourcing Strategies 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

MARCH 16, 2021

Mapping the trucking market assists freight market participants with a flurry of benefits. True trucking market mapping means looking to all the granularities and national factors affecting freight. This includes national factors that could affect freight, such as increased global trade, the demands of e-commerce and more.

Expense Reduction 93

Expense Reduction Price Reduction Data Capacity 93

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

FreightWaves SONAR

MARCH 8, 2021

The digital age has presented a wealth of opportunities for the over the road trucking market. This lagging freight data presents members of the freight market with several challenges, including longer lead time, inability to offer competitive freight rates and limited foresight. Outbound tender rejections.

Sourcing Strategies 98

Sourcing Strategies Optimal Sourcing Sourcing Data 98

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

FreightWaves SONAR

NOVEMBER 1, 2021

The factors driving the tight freight market seem to be sticking around forever, like your in-laws at Christmas. 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. Request a SONAR Demo.

White Paper 98

White Paper Networks Supply Chain Software Demo 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 . Request a SONAR Demo.

Negotiating Skills 98

Negotiating Skills Price Reduction Trends How To 98

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

FEBRUARY 5, 2021

Market volatility insight presents value to carriers that learn to recognize how trends lead to challenges and why those challenges represent opportunities for improvement. These trucking costs all present an ongoing concern for carriers, and unless carriers are prepared, they will lose sight of the bigger picture.

Expense Reduction 105

Expense Reduction Cost Reduction Price Reduction Waste Reduction 105

FreightWaves SONAR

MARCH 25, 2021

Routing guides are a universal source of carrier freight tendering and action. They apply to all freight parties and are regularly updated to ensure that shippers can keep freight spend under control. For instance, both CVS and Academy both present their routing guides online for easy access.

Optimal Sourcing 97

Optimal Sourcing Negotiating Skills Resource Reduction Expense Reduction 97

FreightWaves SONAR

APRIL 7, 2021

Spot rates are much more volatile and represent roughly 10%-20% of the for-hire truckload market freight volume. Most of the freight moves under a more consistent pricing structure or “ contract ” rates. This index largely consists of long-term contracted freight rates and excludes loads under 250 miles. Request a SONAR Demo.

Negotiating Skills 98

Negotiating Skills Compliance Cost Reduction Trucking 98

WorkWave

OCTOBER 17, 2024

same-day delivery, logistics, courier services, freight) Your mission statement Business objectives and key milestones A snapshot of the market opportunity and how your service fills a need Remember, the goal is to capture attention and make it clear as to why your business will succeed. B2B, last-mile, freight)?

Cost Reduction 52

Cost Reduction Logistics Network Optimization Software Transportation Purchasing Skills 52

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

FreightWaves SONAR

DECEMBER 1, 2020

Successful freight brokerages recognize that digital transformation continues to upend the industry. And disruption continues to evolve and present new challenges, including a misplaced perception that digital technology will threaten such companies’ success. Request your SONAR demo by clicking the button below now!

Negotiating Skills 87

Negotiating Skills White Paper Demo Trends 87

FreightWaves SONAR

MARCH 2, 2021

Combining common freight KPIs with cost analysis and tracking can give management a clearer picture of what path to take for short-term and long-term success. And if shippers know more about how carriers price freight, they are better able to identify those trends based on market signals and pre-empt carrier pricing changes. .

Analysis 98

Analysis Price Reduction Cost Reduction Supply Chain Planning Software 98

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 16, 2020

Of all the various freight broker sales tips, setting the hook is essential for getting and keeping a prospect’s attention. . Or it could be a conference presentation or webinar your prospect just delivered. . 7 freight broker sales tips for building the hook. #1: 7 freight broker sales tips for building the hook. #1:

Tips 59

Tips Freight After-sales Conference 59

FreightWaves SONAR

JANUARY 13, 2021

The fundamental freight broker skills that lead to success in freight sales are the same skills that lead to success in life. All of the following freight broker skills are difficult to master, some take quite a bit of trial and error, and others are just down right scary at first. Online writing . Deck-building.

Freight 52

Freight Logistics Network Optimization Software White Paper Presentation 52

FreightWaves SONAR

DECEMBER 8, 2020

And it will extend beyond the four walls of your business to freight brokers and more. As such, it may be necessary to conduct additional training for new freight brokerage software or other resources. Transportation and freight analytics provide insight into the full transportation lifecycle. Implement turnkey analytics.

Data 82

Data Resource Reduction Cost Reduction How To 82

FreightWaves SONAR

FEBRUARY 9, 2021

Freight and trucking data makes for an excellent resource for shippers and logistic service providers (LSPs) alike. Trucking rate predictors utilize freight and trucking data to provide shippers and LSPs with a wealth of knowledge and actionable insights to streamline strategic positioning. Think about it.

Data 59

Data Supply Chain Design Software Trucking Logistics Network Optimization Software 59

FreightWaves SONAR

DECEMBER 8, 2020

Global Trade Tech | To Be Announced This FreightWaves event includes talks, demos, keynote presentations, vendors and much more. The mix helps attendees stay up to date with all the latest trends and factors that will influence the global freight tech and shipping industry the coming years. Request a SONAR Demo.

Events 98

Events Logistics Network Optimization Software Supply Chain Design Software Supply Chain Software 98

FreightWaves SONAR

FEBRUARY 12, 2021

As 2021 began there was hope for a return to the typical balance of freight capacity. The simplest reason for enterprise shipper tender rejections is tendering a load at the wrong freight rate. For instance, this might be present on a white-glove shipment. The freight market is continuously evolving. Request a SONAR Demo.

Optimal Sourcing 87

Optimal Sourcing Demo Data Capacity 87

Turvo

MAY 11, 2020

Freight brokers face a perilous future of uncertain profitability. According to TruckingInfo , “gross margins and revenues were down for freight brokers in the third quarter of 2019, but cost reductions allowed brokers to stay profitable.” In response, more companies want a freight broker TMS. in the third quarter of 2019.

Cost Reduction 55

Cost Reduction Expense Reduction Inventory Reduction Resource Reduction 55

FreightWaves SONAR

FEBRUARY 23, 2021

Ships are one of the most basic cargo components for global freight transport. This presents a huge challenge for enterprise shippers who have not embraced modern technology and freight tools. That’s where an advanced freight forecasting platform can help navigate both times of stability and uncertainty.

Maritime 84

Maritime Supply Chain Planning Software Supply Chain Software Logistics Network Optimization Software 84

FreightWaves SONAR

MARCH 25, 2021

Due to the backlog of vessels that are already present in the US, there are likely already vessels waiting to take their place at terminals within US ports in the meantime. Request a SONAR Demo. Request a SONAR SCI Demo. Find out more info on SONAR’s Ocean Shipments Reports to track what is coming into all major US ports.

Data 93

Data Inbound Demo Supply Chains 93

Freightos

JANUARY 25, 2024

Aimee Loshinsky January 25, 2024 Optimize your logistics tendering, vendor selection, negotiations, and procurement with Freightos Data Book a Demo In Freightos Q4 2023 KPI press release , we announced that the company surpassed one million bookings across the platform in 2023. Freight is digitizing itself now at real scale.

Logistics Network Optimization Software 127

Logistics Network Optimization Software Optimization Software Digital Buyer Training 127

The Logistics of Logistics

MARCH 14, 2023

As a result, data security and compliance have become a critical component of logistics operations, although implementing adequate controls can present numerous challenges in these complex networks. To learn more about OneRail’s last mile platform, schedule a demo today.

Compliance 195

Compliance Supply Chain Design Software Supply Chain Planning Software Logistics Network Optimization Software 195

GlobalTranz

FEBRUARY 17, 2015

As a TMS provider, Cerasis also provides the services related to transport management: freight claims , freight accounting , carrier relations , and more. By 2018, most TMS applications will come with advanced route, freight and network optimization features using all these powerful technologies.

Optimization Software 97

Optimization Software Cost Reduction Expense Reduction Inventory Reduction 97

FreightWaves SONAR

APRIL 23, 2021

Gaining insight into FreightWaves SONAR emissions data presents multiple benefits for businesses. Showing this type of objective data at the negotiation table allows a shipper to present better RFPs and mini-bids. Without this indispensable insight, avoidable challenges present themselves. Request a SONAR Demo.

Waste Reduction 52

Waste Reduction Cost Reduction Negotiating Skills Sourcing Strategies 52

Freightos

NOVEMBER 8, 2018

The catalyst was fairly simple – there are freight conferences and tech conferences, but few that really mesh both very well. There was also some startling consensus on some core ideas: Freight is complex and transformation won’t happen overnight. Freight used to start with a golf game or a phone call. It already has.

Optimal Sourcing 63

Optimal Sourcing Sourcing Strategies Supply Chain Design Software Supply Chain Software 63

Parade

JANUARY 18, 2022

Parade Tip : High levels of demand, though they can be stressful, present a wealth of business opportunities for brokerages. It’s the perfect time to start picking up business in new lanes, branching out your carrier network to accommodate freight in new areas, or even new types of freight altogether. No problem.

Tips 78

Tips Supply Chain Planning Software Logistics Network Optimization Software Supply Chain Software 78

Blue Grace Logistics

MARCH 2, 2021

Usually, their freight consists of all less than truckload or full truckload with a one-off shipment here and there. They negotiate on a shipment by shipment basis, so a TMS is less about freight spend and more about getting the perfect price each time and squeezing more productivity out of shipments. Want A Free BlueShip TMS Demo?

Supply Chain Design Software 62

Supply Chain Design Software Supply Chain Planning Software Optimization Software Modeling Software 62

FreightWaves SONAR

NOVEMBER 30, 2020

As we’ve been doing every Monday, the SONAR team teaches you about another index (or two) found within SONAR, the freight forecasting platform from FreightWaves. What does RAIL tell freight market participants? freight rail revenue and represents a competitively priced, environmentally friendly alternative to road transport.

Purchasing Skills 59

Purchasing Skills Negotiating Skills Sourcing Strategies Freight 59

Freightos

FEBRUARY 28, 2024

Most recently, the recent disruptions in the Red Sea that saw ocean freight rates from China to Europe by over 190% and saw transit times lengthen, sea-air services offered a strategic advantage for logistics professionals able to remain agile, by watching trends and jumping at opportunities to ensure a resilient supply chain.

Negotiating Skills 62

Negotiating Skills Cost Reduction Price Reduction Vendor Strategies 62

FreightWaves SONAR

APRIL 20, 2022

At this point, much of the time-sensitive nature of freight is gone as consumers continue to slow spending on goods. When asked about softening in the freight market, Shelley Simpson, Chief Commercial Officer, mentioned that the softening in the spot market is impacting small carrier capacity rather than the asset side of Hunt’s business.

Outbound 52

Outbound Demo Logistics Network Optimization Software After-sales 52