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How LTL shipping rates work and how to track trends developing in long-term pricing agreements

FreightWaves SONAR

Calculating LTL shipping is an essential part of rate negotiation and capacity procurement and is an important step in securing the best bids, marketing shipping rates and maximizing profit margins. How to track trends developing in long-term pricing agreements. Request a SONAR Demo. Request a SONAR SCI Demo.

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How to create a carrier scorecard that includes predictive modeling around freight market volatility

FreightWaves SONAR

Use insights to guide RFP and mini-bid activity to secure better rates during uncertainty. Request a SONAR demo online to get started. Request a SONAR Demo. The post How to create a carrier scorecard that includes predictive modeling around freight market volatility appeared first on SONAR.

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Operational trucking costs: how to get more from your fleet

FreightWaves SONAR

As reported by Talking Logistics in 2017 , “With more than 100,000 North American truckload carriers, you can secure truckload capacity by first identifying credible carriers that share the same values as your company. Request a SONAR Demo. The post Operational trucking costs: how to get more from your fleet appeared first on SONAR.

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Inventory Discrepancy: What It Means & How to Avoid It

Ship Monk

Today, we’ll cover what it means to have an inventory discrepancy, the most common causes, and how to avoid them. How to Avoid Inventory Discrepancies If you’re frequently experiencing inventory discrepancies, you need to make a change — maybe several changes. Upgrade warehouse security. What is an Inventory Discrepancy?

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Truckload rates: Using data predict and prepare spot vs. contract bids and RFPs

FreightWaves SONAR

Enterprise shippers naturally want to secure the most cost-effective capacity for their freight loads. When enterprise shippers know how to prepare for and predict contract truckload rates accurately, they are more likely to find success with their RFP bids. How to use data to absorb market volatility and manage freight proactively.

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Why Driver Availability Is On the Decline & How to Cope With the Challenge

WorkWave

Another instance involves a food distribution company that had to temporarily halt expansion plans due to an inability to secure sufficient drivers. Health benefits, retirement plans and performance bonuses can make the job more appealing and financially secure. Causes of Driver Shortages 1. Wages and Employment for Truck Drivers.

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Apparel companies shifting to air freight to offset congestion at ports

FreightWaves SONAR

Shippers have been making it known that supply chain challenges stem from the difficulty securing capacity and that demand is as strong, if not stronger than it has been at any point during the COVID-19 pandemic. Even with some large ocean carriers pausing spot rates, that doesn’t mean capacity is going to be any easier to secure.

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