FreightWaves SONAR

MAY 30, 2024

A spot rate benchmarking tool has become an essential application for brokers, carriers and shippers to have at their fingertips. Capacity procurement reps can determine when to cover their loads and have more tools in negotiation to ensure they are hitting their margin targets.

Tools 59

Tools Negotiating Skills Freight Outbound 59

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

FEBRUARY 15, 2021

Asset-based carriers have found using predictive freight rates improves their business. The ability to accurately predict both trucking and load execution costs or rates is a wonderful tool for all carriers. It’s all about digital transformation and how companies can better position their assets through freight management analytics.

Freight 98

Freight Logistics Network Optimization Software Resource Reduction White Paper 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

APRIL 9, 2021

With all the advances in technology and a continuous need to just do more with less, it’s imperative for shippers to start by assessing the quality of their basic data and analytics tools. And the freight routing guide is the best place to begin. And it’s applicable across all forms of freight, including produce , electronics and more.

Freight 98

Freight Supply Chain Design Software Resource Reduction Vendor Strategies 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

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

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. Market intelligence tools. Near real-time data.

Resource Reduction 98

Resource Reduction Security Capacity Freight 98

FreightWaves SONAR

MARCH 30, 2021

Establishing a practical freight routing guide helps outline essential rules of engagement for vendors, clients and supply chain managers. Achieving this high ranking among consumers and clients becomes more attainable when modern automation and tools are utilized. Request a SONAR Demo. Request a SONAR SCI Demo.

Compliance 98

Compliance Supply Chain Software Supply Chain Planning Software Data 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

Parade

JANUARY 4, 2022

This is particularly true for freight brokerages. More companies turning to 3PLs to get their loads covered combined with , extreme competition for freight brokerage talent means that brokerages have to be on top of their game to hire the right people to get the job done. Hiring in this market is hard!

Supply Chain Design Software 78

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Tools 78

Parade

JANUARY 4, 2022

This is particularly true for freight brokerages. More companies turning to 3PLs to get their loads covered combined with , extreme competition for freight brokerage talent means that brokerages have to be on top of their game to hire the right people to get the job done. Hiring in this market is hard!

Supply Chain Design Software 78

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Tools 78

Freightos

DECEMBER 3, 2024

Flexibility in a Volatile Market: As pricing and freight capacity fluctuate, procurement professionals need to adjust rates quickly without lengthy RFP processes. This innovation is part of Freightos’ vision for comprehensive freight digitization, bolstered by its acquisition of Shipsta. Why Rate Refresh?

Optimal Sourcing 113

Optimal Sourcing Procurement Logistics Network Optimization Software Price Reduction 113

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. Knowing exactly what’s going on and when it’s going on is the most valuable tool in a supply chain operations arsenal. 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

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

JANUARY 26, 2021

This leaves shippers, carriers and freight managers alike vulnerable to disruption. Embracing a new and improved interoperability-driven approach that applies advanced logistics technology helps freight management parties realize improved profit margins. According to The Enterprisers Project , “RPA is a form of?business

Supply Chain Design Software 98

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

FreightWaves SONAR

APRIL 6, 2021

On the episode you’ll hear: How does Ed define the industry question: “what is digital freight matching?”. Is newtrul a digital freight matching platform? Load boards have been around for years, what’s the difference between what newtrul is, or any other digital freight matching platform, and a load board?

Digital 91

Digital Freight Demo Automation 91

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

The Logistics of Logistics

AUGUST 17, 2022

His time abroad has given him the tools to understand not only the U.S. Symtraim Demo. Does role playing work in freight? – Companies for three years in a row. With this exponential success, Lean has expanded its footprint into almost every major city throughout Colombia. Symtraim LinkedIn.

Logistics Network Optimization Software 291

Logistics Network Optimization Software Supply Chain Design Software Buyer Training Training 291

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

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

Tips How To Freight Logistics Network Optimization Software 105

Envase Technologies

OCTOBER 12, 2021

Learn how Envase is leveraging our hundreds (upon hundreds) of collective years in dray-tech to make tools once only accessible to the major carriers available to all owner-operators. Book a Demo to learn more. Request a demo to see how DM Maintenance can streamline your vehicle repair, inventory, and equipment management.

Optimization Software 98

Optimization Software Demo Freight Intermodal transport 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

NOVEMBER 9, 2020

New types of freight tech are rising to the forefront of the industry. Cloud-based supply chain management tools, the Internet of Things (IoT), artificial intelligence (AI), and machine learning are expected to figure prominently in future supply chain operations. Freight managers need to know why. It’s really that simple.

Optimization Software 78

Optimization Software Data Freight Optimal Sourcing 78

FreightWaves SONAR

JANUARY 25, 2021

Today, freight load management is a major trouble area for carriers and logistics managers within the shipping industry. For managers in the transportation industry, freight load pricing accuracy remains a source of confusion and disruption. Within the freight load management area of the network, data is essential.

Price Reduction 86

Price Reduction Data Supply Chain Software Supply Chain Planning Software 86

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.

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

Freight forwarding Supply Chain Planning Software Industry Freight 92

FreightWaves SONAR

FEBRUARY 10, 2021

Carriers currently have a great selection of tools to choose from so that they may further their enterprise. Many of the most beneficial tools come from the utilization of data and analytics. The advantage of predictive rating tools to manage and maximize RFP efficiency and cost alignment. Request a SONAR Demo.

White Paper 98

White Paper Optimization Software Data Price Reduction 98

FreightWaves SONAR

MARCH 11, 2021

Freight market data size consistency matters. The first thing to know about freight market data value is the importance of size and scope. Freight market data size and its consistency are critical factors in quickly normalizing that data and making use of it. Yes, consistency describes a reliable view of data.

Optimal Sourcing 98

Optimal Sourcing Data Procurement 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

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

Supply Chain Planning Software Optimization Software Negotiating Skills Logistics Network Optimization Software 90

FreightWaves SONAR

NOVEMBER 1, 2021

The factors driving the tight freight market seem to be sticking around forever, like your in-laws at Christmas. To do that, we recommend using the the SONAR Supply Chain Intelligence tool to determine: Whether your carriers are charging rates in line with the market. Request a SONAR Demo. Request a SONAR SCI Demo.

White Paper 98

White Paper Networks Supply Chain Software Demo 98

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

RPA Labs

MARCH 3, 2022

Now more than ever, companies are searching for tools that maximize both their stability and flexibility when facing the future. It’s important to consider these ten factors when considering automated document processing technology to add value and resiliency to the freight industry. Do Enable Real-Time Document Sharing Capabilities.

Document 76

Document Supply Chain Software Freight Waste Reduction 76

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. Various market participants in the freight industry can rely on the WRI heatmaps in different use cases.

Capacity 98

Capacity Price Reduction Demo Cost Reduction 98

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

DECEMBER 14, 2020

The freight market continues to swing upward. It would seem to come down to tracking these truckload freight rate index values. . It would seem to come down to tracking these truckload freight rate index values. . Many enterprises have built unique real-time freight data indices. Defining the freight rate index.

Freight 64

Freight Supply Chain Software Logistics Network Optimization Software White Paper 64