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According to EFT’s Supply Chain Hot Trends to Watch for in 2019 , one of the most significant trends that we should be paying attention to this year is automation. Industry players have already begun experimenting with technologies like robotics and artificial intelligence.
With the havoc 2020 caused, can shipping trends get any worse? And demands for 2021 already reveal strife in procurement in the shipping industry and visibility through all operations, including carrier troubles. Preparation becomes the name of the game in shipping trends, and being ahead becomes the new normal.
Short-haul volume growth shines a light on current trucking trends. Understanding freight trends from the beginning of the supply chain all the way through to delivery is important for all parties involved. Current market conditions are among the most difficult that the industry has faced in recent years.
In this article, we will explore these last-mile delivery optimization strategies and the role of route optimization software as we look ahead to industrytrends shaping the future of delivery in 2025. GET A FREE DEMO The Role of Data Analytics Data analytics plays a vital role in last-mile delivery route optimization.
10 Reasons the Retail Industry Should Invest in a Last-Mile Delivery Solution. Original Article: 10 Reasons the Retail Industry Should Invest in a Last-Mile Delivery Solution. Every industry has dealt with the fallout or repercussions caused by COVID-19 -related disruptions to the supply chain.
Less-than-truckload shipping, also known as LTL shipping, is nothing new within the transportation and shipping industry, but it has become more of a game-changer in recent years with freight rate prediction. How to track trends developing in long-term pricing agreements. Request a SONAR Demo. Request a SONAR SCI Demo.
More Resources Home October 22, 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.
This week, learn how freight market participants are predicting shifts in the freight market that may occur with changes in retail sales trends using the SONAR index, Retail Sales with the ticker name of RESL. The RESL index is a monthly measurement of retail sales trends provided by the U.S.
As early as 2018, a Neilsen study found that fresh foods were “the primary driver of growth in retail stores, accounting for 49% of all dollar sales growth in the fast-moving consumer goods industry. As one industry insider put it, “The supply chain absolutely stretched to the limits — broken, in many cases.”
T he apparel industry, for instance, is bracing for a prolonged period of low activity. Study 2: Inspect Demand Trends . Using Demand Forecasting Navigator to Study Demand Trends. Demo in Network Design Navigator . Study 5: Refine Capacity Smoothing (click to view demo and more information) . We’re here for you.
Such activity demonstrates that centralized freight forwarding is essential to managing the growing complexity of these forwarders, and consolidation of forwarding services can help solve the top challenges facing the freight forwarding industry and shift toward automation in logistics , including the following. A Talent Shortage.
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.
Staying up to date with the latest trends , technology and innovations is important within any industry, but it is particularly true of the logistics and shipping industry. The conference brings together over 38,000 retailers, vendors and industry experts. Customer Experience Trends, Challenges & Innovations| SEPT.
Industry-wide and granular freight market data capture capabilities When capturing data from the freight market, carriers need to collect it from every available market and use this information to make improvements for their companies. And part of that means tracking real-time truck location, gauging market trends and much more.
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.
Few areas of the economy carry more confusion or misconception than the for-hire trucking industry. The for-hire industry comprises independent contractors, owner-operators, small brokerages, subregional carriers and more. Capacity concerns will remain a leader in for-hire trucking trends. Download the White Paper.
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.
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.
Tracking the top key performance indicators for shipping industry success, or supply chain KPIs , means boiling them down the essence of these 10. Another excellent way to gauge activity within the industry surrounds the volume of new truck orders by class. As with any industry, enterprises cannot improve what they do not know.
Companies in the over-the-road trucking industry constantly strive to boost efficiency. With so many factors to consider, businesses in this industry may find it challenging to narrow down exactly where they should focus their time and money. Request a SONAR SCI Lane Acuity demo by clicking the button below to get started.
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.
Global markets are at the heart of industries large and small and have become a key player in the transportation industry. Without quality data to review, analyze and apply, the network will struggle to keep up with important trends within the global market. Request a SONAR Demo.
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.
And the current predictions for the industry have only made these shortcomings more obvious. Mainly, freight analytics used in the shipping and freight management industry to improve load and order acceptance and freight loads. Request a SONAR Demo. The same applies to freight management analytics.
True transportation cost analysis goes well beyond benchmarking to analyze, monitor and forecast trends that can be used to the shipper’s advantage. A trend that continues among shippers nationwide is better monitoring and utilization of analysis within the supply chain. Request a SONAR Demo. Consider this fact.
Market activity describes the nationwide and granular trends affecting available capacity, timeliness of transit and on-time, in-full deliveries. Since transportation is literally a fuel-consuming industry, knowing the fuel changes and trends will go a long way to improve trucking profitability. Request a SONAR Demo.
The series includes a mix of live content formats to keep viewers engaged, from webinars to panel discussions, all focused on industrytrends, technological advancements or workflow strategies, and includes a Q&A session to facilitate additional tailored discussions during live streams.
Importance of DaaS in Today’s Market Use Cases of DaaS Across Industries Challenges in On-Demand Delivery Services Key Features to Consider When Selecting a DaaS Provider Assessing Your Company’s Need for DaaS Start Using RouteManager for Delivery Closing Thoughts What Is Delivery as a Service? Start Using RouteManager!
Measure invoiced rates against market trends. The billed or invoiced rates should always reflect current market trends. That might include collecting both internal data and using the resources available in SONAR, such as SONAR InGauge, to compare carrier data against the industry. . Request a SONAR demo online to get started.
The effects of the disruptions over the past year have likely forever changed the industry, requiring shippers to scale and evolve operations radically seemingly overnight. With all the pressure for more and faster service among shippers, dropshipping has seen a renewed focus within the industry. Request a SONAR Demo.
Seeing that trend indicates increased manufacturing or distribution activity, typical for the flurry of activity that accompanies spring. 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.
Today’s transportation industry leaders are aware of the importance of staying up to date on market movements. The best way for people to gain the level of insight they crave is through high-frequency data, particularly insights into spot rate trends. Click here to schedule a demo. Why should I track spot rates?
Here, you’ll provide background information on the industry, your business’s legal structure and your unique value proposition. This section should be an in-depth exploration of the delivery and transportation industry. It’s important to include: Market Size : How big is the market in your area or industry? through 2027.
Truckload rates have a significant impact on the industry, whether intermodal or single-lane shipping modes get utilized. To survive trends like these and to cut costs as much as possible without cutting quality or losing capacity, changes must occur. Request a SONAR Demo. Request a SONAR SCI Demo.
More Resources Home January 16, 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.
Events are a great way to learn from industry experts through keynote speeches and panel discussions, to network with fellow supply chain professionals, and to promote your business. We’ve rounded up a list of supply chain industry events that you won’t want to miss out on! View SCOPE’s spring events here !
The ramifications can yield long-term effects and without the ability to track data trends over time, contract procurement becomes extremely challenging and almost impossible to predict. Seeing the long-term trends over time provides shippers with more options and a better understanding of density. Request a SONAR Demo.
As the industry settles following the biggest peak season in history, now is the time when shippers will start rethinking their annual contracts. Those systems are like the individual lanes within the transportation industry. But it’s not even a whole industry view that can have the biggest impacts.
A warning from AP Moeller-Maersk sent ripples through the shipping industry Wednesday morning, resulting in a 5% drop in the shipping giant’s stock price through the early hours of trading, who’ve signaled more darker realities may lie ahead.
A highly anticipated event, the F3 Virtual Experience will encompass discussions from industry experts on the latest market trends, financial outlook of startups in the space, cutting-edge technology, and many more. Come watch and discover Turvo’s Collaboration Cloud, TMS, and Visibility Solutions in real-time.
Today’s shipping and transportation industry has changed in several ways, even over just the last few years. Knowing where current intermodal freight shipping rates stand and where the trends are heading gives a substantial competitive advantage over those only using truckload services. Request a SONAR Demo.
More Resources Home May 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. America and $3.60/kg
More Resources Home December 13, 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.
More Resources Home April 16, 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.
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