FreightWaves SONAR

DECEMBER 22, 2020

With that in mind, the trucking RFP has come into play as a more significant undertaking for 2021 contracts as the freight market saw volatility in 2020 on the spot market due to historic tender rejections and volumes adding to increased prices. A confident, data-driven trucking RFP undertaking can make a big difference in freight spend.

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The Logistics of Logistics

FEBRUARY 7, 2022

Connectiv is a live events studio that for the past decade has dedicated itself to creating industry leading gatherings. The events we have created attract more than 15,000 people each year and touch on global industries impacting people’s daily lives. POD trucks that are EV and AV. Ludacris was at Manifest.

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Envase Technologies

JULY 13, 2021

Containers moving seamlessly from ship to port to truck to warehouse. That was until Malcom McLean had an idea while he was waiting for his truck to be unloaded at the docks. Malcom McLean was in the trucking business. He had a small fleet of trucks and carried loads of tobacco and cotton to the docks for his customers.

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Trucking Industry Cargo Demo 52

FreightWaves SONAR

FEBRUARY 26, 2021

(Graphics created by Emily Ricks) Successful freight trucking depends on the joining of profitable loads with timely delivery. And knowing what’s happening to market volatility and trucking carriers across the country is critical to maximizing carrier revenue and margins. Request a SONAR Demo.

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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. The truck driver shortage and its relationship to the capacity crunch.

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The Logistics of Logistics

JUNE 23, 2022

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.

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FreightWaves SONAR

JANUARY 11, 2021

In this edition of “SONAR Indices & Insights,” the SONAR team showcases several truck driver indices full of transportation data to aid carriers in staying ahead of any potential truck driver shortage within SONAR, the freight forecasting platform from FreightWaves. Truck to Driver Ratio (TDRAT). Driver Turnover (%) (DRVTO).

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FreightWaves SONAR

DECEMBER 28, 2020

When it comes to planning RFPs and figuring out which carrier partnerships to pursue, shipping managers need to be aware of the various trucking carriers with availability. The value of diverse trucking carriers. Each provider offers unique services, coverages and perks depending on the trucking contract and carrier type.

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FreightWaves SONAR

MARCH 16, 2021

Mapping the trucking market assists freight market participants with a flurry of benefits. Companies with access to accurate near-real-time data not only improve their operations; they also gain the ability to depict the current state of the trucking market. These accurate depictions of the market come from the tracking of data.

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FreightWaves SONAR

DECEMBER 29, 2020

Load capacity limits play a crucial part in a supply chain network organization, logistics metrics management, and procurement in the shipping industry. Freight management parties need to understand why procurement falters without technology and how technology can boost sourcing across all industries. Download the White Paper.

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FreightWaves SONAR

MARCH 9, 2021

And in some industries, outdated data can have disastrous consequences. For instance, take the value added by more accurate data in the health industry. That’s the onus of electronic freight tender trucking data when compared to lagging submitted data that may take 7 to 14 days to come in. Download the White Paper.

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FreightWaves SONAR

FEBRUARY 15, 2021

In this edition of “SONAR Indices & Insights,” the SONAR team showcases several operational-focused indices to aid asset-lite and asset-based carriers build trucking KPIs that will inform decisions that yield higher profit margins for those who run a trucking business. OPRAT is segmented into dry van, reefer and flatbed carriers.

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FreightWaves SONAR

FEBRUARY 4, 2021

And there remain significant problems within the industry. Trucking capacity is tight, and deadheading is the precursor of even stricter capacity. One of the biggest challenges facing the industry right now is deadheading. The problem of deadheading in trucking. Think about it. And it’s essential to understand why. .

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FreightWaves SONAR

JANUARY 19, 2021

Operational trucking charges and costs are nothing new. They derive from a confluence of factors, including truck industry volatility. To that end, here are the top steps for carriers to get more from their fleets and proactively manage operational trucking costs. But how can a trucking company achieve this goal?

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FreightWaves SONAR

DECEMBER 7, 2020

Tracking the top key performance indicators for shipping industry success, or supply chain KPIs , means boiling them down the essence of these 10. And by looking at the markets with the highest rates, indicated by the share of the treemap and color intensity, it’s possible to prioritize truck schedules better. Wait times.

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TransAudit

DECEMBER 14, 2022

Whether your shipments are going by truck, rail, airplane, or ship, you can expect fuel prices to affect your bottom line. When gas prices rise, the per-mile cost of operating trucks goes up. In 2021, per-mile trucking costs reached a record high. Purchasing new trucks is an investment, but it can pay off in the long run.

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FreightWaves SONAR

FEBRUARY 19, 2021

(Graphics created by Emily Ricks) There are many attributes to consider when considering a truck freight rate. This is particularly important to weigh because of the impacts that freight rates have on the entire industry. And these fluctuations within the trucking market range from market volatility to the lack of real-time data.

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FreightWaves SONAR

MARCH 8, 2021

The digital age has presented a wealth of opportunities for the over the road trucking market. As explained by Supply & Demand Chain Executive , “Digitization, software and giving shippers and carriers efficient tech tools are critical, as technology continues to modernize this industry. But what is the solution to lagging data?

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FreightWaves SONAR

JANUARY 20, 2021

FreightWaves’ Todd Maiden said it best in early December: “Several analysts have published transportation outlook reports for 2021 that are calling for continued strength in the trucking markets. Request a SONAR Demo. Pricing uncertainty in the first half of 2021. Fill out the Form Below to Access a COPY of the White Paper.

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FreightWaves SONAR

JANUARY 28, 2021

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.

Trends 52

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FreightWaves SONAR

FEBRUARY 9, 2021

Freight and trucking data makes for an excellent resource for shippers and logistic service providers (LSPs) alike. The data obtained from historical and contract load tender information creates a valuable tool – a trucking rate predictor. Why lagging data contributes to limited insight into trucking rates. Think about it.

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FreightWaves SONAR

APRIL 7, 2021

but it is a common result of demand exceeding supply in just about any industry. And the effects are becoming evident as trucking compliance with applicable routing guide requirements deteriorate. 18, implying a direct return to losses in routing guide trucking compliance. Request a demo by clicking the buttons below.

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FreightWaves SONAR

FEBRUARY 23, 2021

Obviously, the ability to improve truck and trailer order forecasting offers excellent value for carriers. When the data is collected and made more available and accessible, carriers and logistics service providers (LSPs) can improve trucking operation decisions. Trucking data can offer near-real-time insight into current markets.

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The Logistics of Logistics

OCTOBER 7, 2022

Connectiv is a live events studio that for the past decade has dedicated itself to creating industry leading gatherings. The events we have created attract more than 15,000 people each year and touch on global industries impacting people’s daily lives. POD trucks that are EV and AV. Ludacris was at Manifest.

Logistics Network Optimization Software 195

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FreightWaves SONAR

DECEMBER 21, 2020

Transportation analytics is among the most effective tools in trucking contract negotiations. As explained by Logistics Management , “ it has become an increasing challenge for the logistics industry to stay on top of new advances in business processes. Trucking contracts are not necessarily built for disruption.

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FreightWaves SONAR

JANUARY 11, 2021

And the transportation and shipping industry has a choice to make – to take advantage of trucking data or to ignore it, continuing as before. . There are many ways for shippers to take advantage of technology and advancements within the industry, but three key methods are essential for utilizing trucking data to source capacity.

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Penske Move Ahead

MAY 22, 2024

Penske Truck Leasing is adding its first electric truck from REE Automotive Ltd. , an automotive technology company and provider of full by-wire electric trucks and platforms. Penske intends to employ the software-driven P7-C EV to interested customers. “We

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Blue Grace Logistics

JUNE 17, 2021

What’s covered in this article: The negative impacts of Covid-19 on the trucking industry. Ways to improve practices in the trucking profession. Technological advances in trucking. The global scarcity of professional truck drivers is evident. It is equally difficult to retain truck drivers.

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FreightWaves SONAR

JUNE 27, 2024

SONAR aggregates data from hundreds of sources, presenting the data in charts and maps and providing commentary on what freight market experts want to know about the industry in real time. To request a SONAR demo, click here. The post Cracks in Trucking Capacity Show Up in the South appeared first on SONAR.

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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.

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Logistics Viewpoints

NOVEMBER 3, 2023

The song was built using a demo track from John Lennon dating back to the 1970s and a guitar track from George Harrison from 1995. The song was supposed to come out back in 1995 as part of The Beatles Anthology, along with Free as a Bird and Real Love , two other tracks culled from 1970s Lennon demos.

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WorkWave

MAY 16, 2023

National Institute for Occupational Safety and Health demonstrated that, on average, most long-haul truck drivers work 50% more hours in a week than typical workers. According to research conducted by FMCSA , there has been an overall reduction in fatal crashes involving large trucks since companies implemented the 34-hour reset rule in 2013.

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The Logistics of Logistics

DECEMBER 9, 2019

Our goal is to make payments faster and simpler for the logistics industry. I had been advising a company in Atlanta that was focused on helping warehouses invoice and accept payments from truck drivers. Using paper can hurt your company’s perception because the industry is undergoing a technology makeover. RoadSync: [link].

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FreightWaves SONAR

APRIL 20, 2021

And ultimately, eliminating the need for excess trucks on the road helps the carrier costs overall and allows for available resource management. Optimizing the routes for trucks will remove some of those additional and time-consuming stops. Emissions are still released if a truck sits without moving.

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FreightWaves SONAR

APRIL 6, 2021

Truckload rates have a significant impact on the industry, whether intermodal or single-lane shipping modes get utilized. 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. This is why it is known as a TL shipment.

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Turvo

NOVEMBER 8, 2021

The event is November 9-11 and will cover logistics topics across all modalities: trucking, air, ocean, and rail. 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.

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WorkWave

JUNE 27, 2024

According to the American Trucking Association, the industry faced a shortage of over 80,000 drivers in 2021, projected to grow to 160,000 by 2030 if current trends continue. Current State of Driver Availability Statistics The trucking industry, which is pivotal to the economy, is grappling with an unprecedented shortage of drivers.

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