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In this report, we put forth an interesting, and admittedly imperfect, way to demonstrate SONAR’s value: publicly traded carriers and freight brokers that use SONAR have outperformed those that do not. It follows that the most efficient users of capital in the freight industry find SONAR to be a worthwhile investment.
But, the hurricane clearly led to further tightening in the truckload market as FEMA and other recovery efforts contributed to freight demand. Many local datasets clearly show the impact that the hurricane had on local and regional freight markets. FILL OUT THE FORM BELOW TO DOWNLOAD THE FREE WHITEPAPER.
To help brokerages understand the value and application of data, this whitepaper will explore: The benefits of actionable data insights for freight brokerages. Fill out the Form Below to Access a COPY of the WhitePaper. Request a SONAR Demo. The importance of tracking market signals to manage rates.
To help supply chain leaders understand the necessity of backtesting in data analytics, particularly predictive freight analytics, this whitepaper will explore: The possible backlash resulting from outdated data or inaccurate data insights. Fill out the Form Below to Access a COPY of the WhitePaper.
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. FILL OUT THE FORM BELOW TO DOWNLOAD THE FREE WHITEPAPER.
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. FILL OUT THE FORM BELOW TO DOWNLOAD THE FREE WHITEPAPER.
The end of the second quarter is typically a strong period for truckload freight and this year is no exception. We attribute that to increases in contract rates, which have increased over 8% since last April, rather than any meaningful loosening in the freight market. FILL OUT THE FORM BELOW TO DOWNLOAD THE FREE WHITEPAPER.
To simplify the process, using SONAR SCI Lane Acuity along the way, and pinpoint the top resources to achieve that goal, this whitepaper will explore: The problems in routing guide compliance created by lagging data. Fill out the Form Below to Access a COPY of the WhitePaper. Request a SONAR Demo.
You can download a copy of the industry leading whitepaper by filling out the form to the right and below. Fill Out the Form to Download The Ultimate Guide Transportation Reverse Logistics WhitePaper. Schedule a Demo of this product today. Turn your transportation reverse logistics practice into a profit center.
To help carriers learn how to apply and deploy data more effectively, this whitepaper will explore: The uses of data to allocate and manage assets. Fill out the Form Below to Access a COPY of the WhitePaper. Request a SONAR Demo. How carriers create data-driven pricing strategies.
Freight volumes continue the robust growth though relative capacity has started to tighten again, following a seasonal pattern. FILL OUT THE FORM BELOW TO DOWNLOAD THE FREE WHITEPAPER. Request a SONAR Demo. Request a SONAR SCI Demo.
How effective are you at lane-by-lane planning and getting deep insights to aid in freight spend planning, mini-bids, and other long-term contracts in your organization? Fill out the Form Below to Access a COPY of the WhitePaper. Request a SONAR Demo. How contract data amounts to tactical bidding management.
Our data suggest that freight volume in the 4Q is likely to outperform 2020; accepted tender volume is up 7% y/y. FILL OUT THE FORM BELOW TO DOWNLOAD THE FREE WHITEPAPER. Request a SONAR Demo. Request a SONAR SCI Demo. Tender rejection rates have fallen some, but dry van and reefer tender rejection rates of 20.1%
The biggest risk to that intermodal volume outlook is that shippers could get even more fed up with intermodal service levels and move more freight on the highway to get imported consumer goods to stores in time for holiday shopping. FILL OUT THE FORM BELOW TO DOWNLOAD THE FREE WHITEPAPER. Request a SONAR Demo.
View the Full WhitePaper. Record dry van spot rates highlight a freight market that has not loosened. Request a SONAR Demo. Request a SONAR SCI Demo. The post [WHITEPAPER] SONAR highlight reel: Carriers bring their pricing power into the new year appeared first on SONAR.
The factors driving the tight freight market seem to be sticking around forever, like your in-laws at Christmas. at the same time. 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.
View the Full WhitePaper. Request a SONAR Demo. Request a SONAR SCI Demo. The post [WHITEPAPER] SONAR highlight reel: Contrary to typical seasonality, intermodal volume rises in Nov. See description of the just-released FreightWaves Trusted Rate Assessment Consortium (TRAC) spot rate data on pages 5-6.
In general, the companies in the meat industry have among the most to gain from improving their freight efficiency, and we estimate that food companies with average margins and an average relative freight spend could save $300 for every $1 million in revenue by improving freight efficiencies by 1%. Request a SONAR Demo.
However, others believe the TL trade has grown long in the tooth and are pivoting to a more meaningful industrial recovery, which supports an improving freight environment for less-than-truckload carriers and the railroads.”. Fill out the Form Below to Access a COPY of the WhitePaper. Request a SONAR Demo.
A number of fundamental changes to consumer activity, industrial production, housing starts, and federal stimulus are just a few of the major buckets that have driven one of the most significant nationwide levels of freight volatility. Fill out the Form Below to Access a COPY of the WhitePaper. Request a SONAR Demo.
We often demo SONAR to customers that want to see every domestic freight dataset we have to offer while showing little interest in our ocean data. That has always been puzzling to us because we believe that the ocean shipping markets and the domestic freight markets are inextricably linked. Request a SONAR Demo.
Automotive shippers are facing numerous challenges stemming from a global semiconductor shortage, inflationary pressure on numerous inputs, as well as rising freight costs that seem to be affecting every shipper across all modes. FILL OUT THE FORM BELOW TO ACCESS THE FREE WHITEPAPER. Request a SONAR Demo.
Enterprise shippers have plenty of responsibilities when it comes to freight management. But transportation optimization , knowing when to tender freight, take advantage of company-owned assets, and outsource are other issues. Why actionable and insightful freight data, not more raw data, creates strategic value.
Anything other than up-to-date, near-real-time freight data will make the work of the management team all the more difficult. To further drill into those needs, this whitepaper will explore: The ways outdated data may harm supply chain management. Fill out the Form Below to Access a COPY of the WhitePaper.
As the world recovers from the pandemic, now numerous supply chain impacts – including a global semiconductor shortage and inflationary pressure on a number of inputs, including freight costs – are significantly hampering the automotive industry, causing temporary shutdowns at some facilities. Request a SONAR Demo.
The free whitepaper, Peak Season Forecast: Another truckload capacity crunch , highlights SONAR data to show how we believe peak season will manifest. FILL OUT THE FORM BELOW TO DOWNLOAD THE FREE WHITEPAPER. Request a SONAR Demo. Request a SONAR SCI Demo. The post What is expected during peak season?
That has also increased the pressure on retailers to keep other freight and logistics costs low with more capital and expense being dedicated to the development of new omnichannel strategies. Evaluating freight flows for private fleet conversion. Deciding on the timing of freight bids. Request a SONAR Demo.
Listen to “E-Commerce and LTL_Why Freight Shippers are Mastering E-Commerce Logistics” on Spreaker. The post [PODCAST] E-Commerce for LTL: Why Freight Shippers are Mastering E-Commerce Logistics appeared first on Transportation Management Company | Cerasis.
A snapback in freight volumes is expected in the coming days. FILL OUT THE FORM BELOW TO DOWNLOAD THE FREE WHITEPAPER. Request a SONAR Demo. Request a SONAR SCI Demo. The post [WHITEPAPER] SONAR highlight reel: Shippers are frustrated, but at least football is back on TV appeared first on SONAR.
“What’s the best way to use data to beat your competition as a freight brokerage business?” Freight brokers are continually looking for the latest and greatest ways to add value and keep costs under control through new freight brokerage software. Download the WhitePaper. Real-time data increases customer service.
This “SONAR highlight reel” freight market update report, which we plan to publish every other week, is intended to concisely hit data highlights in the truckload, intermodal and maritime industries. June is typically a strong period for truckload demand and this June is proving to be no exception. Request a SONAR Demo.
Demand to move freight through the highway network is rising ahead of Labor Day, up 4% from one month ago, and is now at its highest level since just before the Fourth of July. FILL OUT THE FORM BELOW TO DOWNLOAD THE FREE WHITEPAPER. Request a SONAR Demo. Request a SONAR SCI Demo.
One year ago, we wrote a whitepaper in which we estimated that the top five paper and packaging companies in the U.S. spent a whopping $7 billion to $9 billion on domestic freight transportation in 2019. Like many industries, 2020 was challenging for the paper and packaging industry. Request a SONAR Demo.
domestic freight networks include: elevated imports keeping demand strong; congested intermodal terminals and poor service; and a heightened need for expedited and time-definite service to make up for ocean shipping delays. . FILL OUT THE FORM BELOW TO DOWNLOAD THE FREE WHITEPAPER. Request a SONAR Demo.
FILL OUT THE FORM BELOW TO DOWNLOAD THE FREE WHITEPAPER. Request a SONAR Demo. Request a SONAR SCI Demo. The post [WHITEPAPER] SONAR highlight reel: Intermodal congestion worsens appeared first on SONAR. and Long Beach promise to keep import volume elevated.
FreightWaves SONAR Supply Chain Intelligence (SCI) platform is designed to evaluate the effectiveness and efficiency of a shipper’s freight spend by: (1) Benchmarking shippers’ current or target rates to the market or industry peer group. FILL OUT THE FORM BELOW TO DOWNLOAD THE FREE WHITEPAPER. Request a SONAR Demo.
Over the past two years, all modes of transportation have been under immense pressure as freight rates have set new all-time highs. Freight demand continues to grow almost daily. FILL OUT THE FORM BELOW TO DOWNLOAD THE FREE WHITEPAPER. Request a SONAR Demo. Request a SONAR SCI Demo.
Freight demand is unwavering on the back of a strong consumer, which sets up a stronger than normal peak season. FILL OUT THE FORM BELOW TO DOWNLOAD THE FREE WHITEPAPER. Request a SONAR Demo. Request a SONAR SCI Demo. Capacity constraints remain in place with no signs of easing in Q4.
Freight costs stand out among other inflationary pressures in that they cannot be effectively hedged. Therefore, in the absence of hedging, CPG companies should utilize as much freight-related data as possible to mitigate freight costs more effectively and improve supply chain efficiency. Request a SONAR Demo.
The freight transportation industry has always been slow to adopt new advances in tools, software and automation. And to help carriers achieve that goal, this whitepaper will explore a few best practices to reduce operating costs, including: The importance of meaningful data capture. Request a SONAR Demo.
View the Full WhitePaper. The data is derived from sourcing spot rates from more than a dozen 3PLs and freight brokerages. Request a SONAR Demo. Request a SONAR SCI Demo. The post [WHITEPAPER] Brokers’ new BFF: Market Dashboard provides new level of visibility into buy rates appeared first on SONAR.
View the Full WhitePaper. Our data suggest that freight volume in the 4Q is likely to outperform 2020; accepted tender volume is up 7.8% Request a SONAR Demo. Request a SONAR SCI Demo. The post [WHITEPAPER] SONAR highlight reel: Still waiting on 4Q truckload demand surge appeared first on SONAR.
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.
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. Download the WhitePaper.
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