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

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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.

Trucking 96

Trucking Freight Price Reduction Cost Reduction 96

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

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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

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

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

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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

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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.” Measure invoiced rates against market trends. Request a SONAR demo online to get started.

Modeling Software 105

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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

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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

APRIL 9, 2021

Due to the ramifications of the COVID-19 pandemic over the last year, the freight business has experienced marketplace volatility. However, as regulations begin to get lifted and things are trending back to normalcy, the industry is starting to regain that lost ground. Checking incoming freight from the source is vital.

Refrigeration 93

Refrigeration Freight Optimal Sourcing Negotiating Skills 93

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

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FreightWaves SONAR

NOVEMBER 24, 2020

As explained by Grainger , “In today’s global economy, technology trends like the Internet of Things (IoT) and Big Data have become an indispensable part of everyday business. Real-time freight data enables immediate intervention for major disruptions. Market insights empower freight management segments for RFP processes.

Data 90

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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

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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. On LinkedIn , I asked my network what they thought were the top freight podcasts in the industry. Join FreightWaves’ hosts Dooner and The Dude twice a week as they discuss all things freight.

Freight 105

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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. But this is 2020. It’s that simple.

Supply Chain Software 105

Supply Chain Software Supply Chains Scenario Planning Sourcing Strategies 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

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

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 18, 2021

Many asset-based carriers utilize freight broker and data technology to recruit truck drivers and reel in new talent. It is considerably more important to find talent quickly to fill the ever-growing needs of the freight and shipping industry. In turn, that slows down contract freight and reduces how much contracted truckers earn.

Waste Reduction 97

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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

JULY 6, 2021

This “SONAR highlight reel,” which we plan to publish every other week, is intended to concisely hit data highlights and trends in truckload, intermodal and maritime. The end of the second quarter is typically a strong period for truckload freight and this year is no exception. Request a SONAR Demo. Request a SONAR SCI Demo.

White Paper 98

White Paper Demo Replenishment Maritime 98

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.

Freight 93

Freight Optimal Sourcing Logistics Network Optimization Software White Paper 93

Freightos

MARCH 12, 2024

More Resources Home March 12, 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 fell 20% to $3.97/kg

Negotiating Skills 127

Negotiating Skills Optimal Sourcing Demo Data 127

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

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

Freightos

OCTOBER 15, 2024

More Resources Home October 15, 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. Europe weekly prices fell 1% to $3.80/kg.

Price Reduction 77

Price Reduction Cost Reduction Expense Reduction Resource Reduction 77

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

APRIL 5, 2021

Tracking market trends within truckload rates relies heavily on data and analysis. Managers don’t want to learn that they are essentially paying a higher transportation rate with one carrier when another freight carrier offers a much more competitive truckload rate. Data-driven insights provide a rubric for guiding RFP processes.

Negotiating Skills 94

Negotiating Skills Data Sourcing Strategies Optimal Sourcing 94

FreightWaves SONAR

JANUARY 15, 2021

And the trucking trends will reflect both the hope for a return of normalcy and the reality of some new, permanent shifts in the industry. With that in mind, it’s important to realize that carriers can use the top 10 trucking trends to find a long-term value-prop coming out of the most in-demand periods for carriers in history.

Trends 64

Trends Trucking Supply Chain Planning Software Optimization Software 64

FreightWaves SONAR

MARCH 25, 2021

It is something that needs to be practiced more often when it comes to planning and predicting freight rates. For instance, using the trends and seasonality within the Outbound Tender Rejection Index, shown above , logistics coordinators can create responses to RFPs based on like a higher all-in rate. Request a SONAR Demo.

Scenario Planning 98

Scenario Planning Data Logistics Network Optimization Software Demo 98

FreightWaves SONAR

JANUARY 25, 2021

Today, freight load management is a major trouble area for carriers and logistics managers within the shipping industry. And the overall industry trucking trends imply an absolute need to grow more strategically. For managers in the transportation industry, freight load pricing accuracy remains a source of confusion and disruption.

Price Reduction 86

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FreightWaves SONAR

NOVEMBER 30, 2020

Big data provides an opportunity to gain those insights, especially during volatile freight markets. It is simply the sum of all freight under management (FUM) divided by the total number of loads. Percentage freight subject to damage, loss or theft claims Freight claims, damage and losses are also critical supply chain KPIs.

Supply Chains 69

Supply Chains Freight White Paper Demo 69

FreightWaves SONAR

FEBRUARY 25, 2021

A certain level of fees and freight rating expenses are standard in shipping and transportation. However, the sheer amount of fees applied in the process to price freight for a load can amount to quite a hefty sum. . ” This means knowing how a carrier or shipper approaches freight pricing. .”

Negotiating Skills 92

Negotiating Skills Price Reduction Expense Reduction Data 92

Freightos

NOVEMBER 15, 2023

More Resources Home November 15, 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 decreased 3% to $5.56/kg

Price Reduction 118

Price Reduction Negotiating Skills Vendor Strategies Resource Reduction 118

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

OCTOBER 25, 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. Truckload demand has stabilized at a high level after declining seasonally to start the fourth quarter. Request a SONAR Demo. Request a SONAR SCI Demo.

White Paper 98

White Paper Demo Maritime Data 98