FreightWaves SONAR

APRIL 7, 2021

Chart of the Week : Van Contract Base Rate per Mile Initial, Van Outbound Tender Reject Index , Truckstop Average Van Spot Rate per Mile – USA SONAR: VCRPM1.USA, but it is a common result of demand exceeding supply in just about any industry. Request a demo by clicking the buttons below. Request a SONAR Demo.

Negotiating Skills 98

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FreightWaves SONAR

MARCH 25, 2021

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. And that’s a meaningful advantage in an industry where growth remains subjective and constantly under the threat of other competitors.

Scenario Planning 98

Scenario Planning Data Logistics Network Optimization Software Demo 98

FreightWaves SONAR

MARCH 15, 2021

In the screenshot above, you can see that the outbound and inbound stability show scores of 29 out of 100 and 21 out of 100, respectively. harder to procure capacity at the benchmark rate per mile ) in both the outbound and inbound directions. This data has been collected over a 4 year period, broken down into shipper industry cohorts.

Optimal Sourcing 98

Optimal Sourcing Procurement Analytics Procurement Solutions Procurement 98

FreightWaves SONAR

APRIL 8, 2021

Data represents an integral part of daily life for most people, and it is no different within the transportation industry. Find out more about how your organization can gain those lane-level insights by requesting a demo of FreightWaves SONAR SCI Lane Acuity today. Request your demos below. Request a SONAR Demo.

Optimization Software 98

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FreightWaves SONAR

MARCH 5, 2021

The freight brokerage industry has traditionally focused its attention on the training and development of its customer sales staff. Shippers will not be willing to accept a lack of trucking capacity or last-minute price changes in an industry that is becoming more transparent. Request a SONAR Demo.

Negotiating Skills 98

Negotiating Skills Modeling Software Sourcing Strategies Logistics Network Optimization Software 98

FreightWaves SONAR

FEBRUARY 8, 2021

Unfortunately, disruption and market volatility – sudden changes within the industry – will often have a dramatic effect on the spot market. Freight management remains an industry in which balance reigns supreme. As the industry moves past the anniversary of the initial U.S. Request a SONAR Demo. trucking market.

Price Reduction 94

Price Reduction Freight Resource Reduction White Paper 94

FreightWaves SONAR

MARCH 30, 2021

How is technology enabling strategic conversations at the order level to happen faster and for the freight department to work seamlessly with procurement on the inbound side and sales on the outbound side to optimize freight shipping ? And why is digitizing the supply chain network vital moving forward for our industry?

Supply Chain Software 78

Supply Chain Software Collaboration Supply Chains Optimal Sourcing 78

FreightWaves SONAR

MARCH 18, 2021

Inability to account for market fluctuations due to disruptions Within the manufacturing supply chain industry, there is a question about whether disruptions will happen and when they will occur. And lane-by-lane insights are critical to account for that disruption among raw material suppliers and the flow of outbound freight.

Manufacturing Procurement 91

Manufacturing Procurement Supply Chain Planning Software Supply Chain Software Supply Chains 91

FreightWaves SONAR

MAY 30, 2024

Put simply, the Market Conditions tool is a map that gives SONAR users an indication of a market that has a higher amount of increasing or decreasing outbound lanes based on rates in the spot market over the previous four days. For brokers, the Market Conditions map helps identify which outbound markets are showing overall increases in rates.

Tools 59

Tools Negotiating Skills Freight Outbound 59

FreightWaves SONAR

APRIL 1, 2021

For instance, as carrier rejection rates increase in outbound tenders, shown above, rates will climb, and predictions within the current FWS7.USA Get started by requesting a FreightWaves SONAR demo by clicking the button below. Request a SONAR Demo. USA ticker show a trend toward significant increases going forward.

Freight 93

Freight Optimal Sourcing Logistics Network Optimization Software White Paper 93

FreightWaves SONAR

FEBRUARY 24, 2021

The freight transportation industry has always been slow to adopt new advances in tools, software and automation. However, 2020 helped shed light on just how behind the industry is compared to others. Prioritizing moves based on inbound and outbound data trends. Industry expert guidance as a best practice.

White Paper 52

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FreightWaves SONAR

FEBRUARY 24, 2021

The Ocean TEU Index measures booking requests for capacity, much like the Outbound Tender Volume Index (OTVI) does for domestic trucking. Request a FreightWaves SONAR demo by clicking the button below to get started. Request a SONAR Demo. Download the White Paper. Epilogue by Jason Vanover).

Price Reduction 92

Price Reduction Cost Reduction Sourcing Strategies White Paper 92

FreightWaves SONAR

JUNE 3, 2021

The volatility in the auto industry has wreaked havoc on the Detroit freight market. . There is typically more demand for inbound truckloads into Detroit than outbound truckloads. An indicator of balance (or imbalance) in freight demand, the Detroit Headhaul Index subtracts inbound demand from outbound demand. Source: SONAR).

Negotiating Skills 52

Negotiating Skills Data Freight Inbound 52

FreightWaves SONAR

APRIL 30, 2024

While very few industry players need to worry about all of these markets all the time, taking stock of the national-level information from your own dashboards alongside key market areas (KMAs) can fully empower decision making in an ever-changing market. Take one of the biggest markets in the land: Ontario, California.

Outbound 64

Outbound Trends Demo Tools 64

FreightWaves SONAR

JULY 23, 2024

The supply chain and logistics industry is known for its love of a good, old-fashioned spreadsheet — and why not?! While you’re at it, throw in the SONAR Lane Score to see if you’re quoting an outbound-heavy lane. Export your load list to Excel and add a few functions to pull in today’s outbound tender rejection values ( OTRI ).

Eliminating Excel in Purchasing 59

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FreightWaves SONAR

MARCH 8, 2021

are reliant on the maritime shipping industry moving freight from overseas to this country. So the trucking industry including freight rates and available capacity, is dependent on what happens overseas and how much volume is being produced and then moved to the U.S. Request a SONAR Demo.

Video 59

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FreightWaves SONAR

DECEMBER 3, 2020

Transportation only provides a partial picture of an industry. That includes compliance with the inbound freight routing guide and outbound activities. The most relevant example of this need for added complexity is the pharmaceutical industry. Request a SONAR Demo. Increased insight into warehouse management capabilities.

Supply Chain Planning Software 76

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FreightWaves SONAR

OCTOBER 31, 2024

The fourth quarter is the time of year the transportation industry always looks forward to. Within SONAR, the Outbound Tender Reject Index (blue) In early October eclipsed 5% for the first time since the Fourth of July holiday. To learn more about how you can utilize SONAR data at your organization, request a demo.

Supply Chain Planning Software 52

Supply Chain Planning Software Inventory Reduction Cost Reduction Outbound 52

FreightWaves SONAR

JUNE 27, 2024

The Southeastern region is the second-largest outbound region for freight in the U.S., The largest outbound market is Atlanta. Atlanta, the regional hub, has been the nation’s second-largest outbound market in 2024, accounting for roughly 3.4% of the total outbound tenders in SONAR’s tender data. behind the Midwest.

Capacity 52

Capacity Outbound Trucking Inbound 52

FreightWaves SONAR

FEBRUARY 9, 2021

The shipping industry is continuing to suffer the effects of a pandemic-driven demand that some carriers simply cannot handle. The industry is experiencing an all-time high on demand, and for carriers, improper asset allocation dramatically increases the risk of blowback and bankruptcy. Request a SONAR Demo.

Data 52

Data Freight Demo Outbound 52

FreightWaves SONAR

FEBRUARY 9, 2021

The shipping industry is continuing to suffer the effects of a pandemic-driven demand that some carriers simply cannot handle. The industry is experiencing an all-time high on demand, and for carriers, improper asset allocation dramatically increases the risk of blowback and bankruptcy. Request a SONAR Demo.

Data 52

Data Freight Demo Outbound 52

FreightWaves SONAR

JANUARY 5, 2021

Dwell time remains one of the biggest issues facing the industry in terms of expenses and time utilization. Carriers can benchmark their driver and truck utilization numbers against the three main equipment types in the industry. Customer demand fuels trends that govern the transportation industry. Request a SONAR Demo.

Cost Reduction 105

Cost Reduction Waste Reduction Expense Reduction Price Reduction 105

Logistics Business Magazine

JANUARY 16, 2023

The Stratford-upon-Avon based company, which was established in 2007 and recently won a Queen’s Award for Enterprise, is additionally enjoying consistent control of inventory and outbound processes, which help deliver a first-class customer experience. Their agile approach means giving clients select parts of the system (e.g.

Procurement Solutions 56

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Logistics Business Magazine

OCTOBER 3, 2022

Using Dexterity’s SaaS-based robotic intelligence platform, will help customer benefit from full task robots – standard industrial robot arms equipped with Dexterity’s intelligence software that helps them solve the toughest to automate jobs in the warehouse. Sumitomo’s US-based corporate venture capital arm.

Supply Chain Planning Software 52

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WorkWave

DECEMBER 8, 2023

What are inbound and outbound logistics? Both inbound and outbound logistics involve the transportation of products across various distribution channels, however inbound logistics deals with supply and outbound logistics fulfill demands. This guide outlines the essential KPIs you should be monitoring to ensure efficiency.

Inbound 52

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FreightWaves SONAR

APRIL 14, 2021

Chart of the Week: Outbound Tender Volume Index – USA, Personal Consumption Expenditures – Durable Goods SONAR : OTVI.USA, PCE.DG Chart of the Week: Outbound Tender Volume Index – USA, Personal Consumption Expenditures – Durable Goods SONAR : OTVI.USA, PCE.DG Request a SONAR Demo. Epilogue by Jason Vanover).

Manufacturing Procurement 52

Manufacturing Procurement Capacity Procurement Analytics Trucking 52

FreightWaves SONAR

DECEMBER 15, 2020

Outbound and inbound data. . Compare findings to industry trends. It’s important to compare freight spend analysis results against industry benchmarks. Be in the know; do the most for your business and request a FreightWaves SONAR demo with the button below to get started. Request a SONAR Demo.

Analysis 59

Analysis Procurement Analytics Optimization Software Optimal Sourcing 59

FreightWaves SONAR

APRIL 20, 2022

Hunt, the largest domestic intermodal player in the industry. FreightWaves SONAR, Outbound tender volume levels downward decline accelerates. The Outbound Tender Reject Index, which measures relative capacity in the market through rejection rates, has plummeted as well – further indicating that the spot market is softening.

Outbound 52

Outbound Demo Logistics Network Optimization Software After-sales 52

FreightWaves SONAR

APRIL 19, 2021

The Environmental Protection Agency (EPA) found that 34% of carbon dioxide emissions come from transportation, but simply switching fuel sources is not going to eliminate the industry’s carbon footprint. As a carrier representative, you are mildly excited because the outbound market of Denver is more in your favor. SAY LESS.”.

Optimal Sourcing 52

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FreightWaves SONAR

JULY 10, 2023

That pattern changed in 2016 as the industrial economy hit a stumbling block after the oil markets collapsed but the economy. The national Outbound Tender Volume Index (OTVI), which measures shipper requests for truckload capacity, was nearly 30% lower than the previous year. Sign up for a SONAR demo. appeared first on SONAR.

Freight 52

Freight Capacity Outbound Supply Chains 52

Locus

AUGUST 22, 2024

With robust inbound and outbound scanning, Locus reduces delays and maximizes volume utilization, all while providing real-time visibility into hub operations. Locus has made a significant impact in the logistics industry by optimizing more than 1.2 Schedule a demo with us today! billion deliveries in more than 30 countries.

Optimization Software 52

Optimization Software Logistics Network Optimization Software Resource Reduction Cost Reduction 52

FreightWaves SONAR

APRIL 29, 2021

The pandemic has sent the retail industry on a K-shaped trajectory — the final straw that has sent many retail chains into bankruptcy while also contributing to a surge in sales for many of the leading chains. As disorienting as the past year and a half have been for everyone, few industries have experienced as much upheaval as retail. .

Negotiating Skills 52

Negotiating Skills Cost Reduction Data Sourcing Strategies 52

FreightWaves SONAR

MARCH 24, 2021

Thankfully, you have entered an industry that is very cyclical and there will be other opportunities you can prepare now. This would enable you to take advantage of higher outbound rates to carriers you have already built relationships with. Request a SONAR Demo. Request a SONAR SCI Demo.

Freight 72

Freight Price Reduction Cost Reduction Inventory Reduction 72

FreightWaves SONAR

JANUARY 12, 2021

While isolating a per-mile rate is great, it does little good to identify the low-hanging fruit that resounds throughout the industry. Recognize the balance between inbound and outbound moves and how that balance may turn a backhaul into a profitable activity for carriers and transportation brokers alike. Think about it.

Price Reduction 52

Price Reduction Data Freight Optimization Software 52

Talking Logistics

DECEMBER 1, 2017

As the Wall Street Journal reported yesterday, “Resurgent demand in the long-stagnant industrial sector and a big seasonal boost in e-commerce are pushing more goods through shipping networks on the land, water and air, say operators who expect the strengthening U.S. economy to keep the growth going into 2018.”. Workflow integration.

Logistics Network Optimization Software 0

Logistics Network Optimization Software Supply Chain Planning Software Optimization Software Supply Chain Software 0

FreightWaves SONAR

NOVEMBER 30, 2020

ORAIL and IRAIL are broken down by inbound and outbound volume origin/destination market and are also broken down by lane. Analysts : Analysts can utilize ORAIL data to gain visibility into intermodal shipping volume trends in particular industry granularities (e.g., Get a demo of SONAR to see what the platform can do for you.

Purchasing Skills 59

Purchasing Skills Negotiating Skills Sourcing Strategies Freight 59

Conger

JULY 22, 2021

One of the best ways to determine this is to request a demo from the vendor. After all, demos give you first-hand experience before you spend your money. You can get a free demo of the NetSuite software. It has a dashboard that allows you to access inbound, outbound, and inventory details. Scalability.

Supply Chain Design Software 52

Supply Chain Design Software Supply Chain Planning Software eCommerce Logistics Network Optimization Software 52