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The 3 top benefits of trucking fleets benchmarking financial and operational performance

FreightWaves SONAR

As reported by DC Velocity , “the 2020 Fleet Advantage Industry Benchmark Survey noted, “11% of transportation fleets estimate they have saved more than $1 million in crash avoidance by upgrading to newer trucks with advanced safety features.” Financial insight feeds into equipment purchasing decisions. Request a SONAR Demo.

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Importance of Social Proof in Ecommerce

Ship Monk

Did you know that 93% of consumers say that online reviews influence their purchase decisions? Referrals One of the first things consumers do when making a big purchase is ask friends and family for recommendations. That’s a mind-blowing statistic. Why are other people’s opinions so darn important to us?

eCommerce 105
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Five Reasons SMBs Suddenly Make Sense For Forwarders

Freightos

Smaller customers have a higher cost of service, lower volume, and, well, can be more error-prone. Forwarders Are Cutting Cost Of Sale. Researchers, like Drewry, see freight digitalization hitting the sales process first , reducing the cost of sale. Freight digitalization will reduce their cost to sell and serve.

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Managing the Realities of the “New Normal” LTL Shipping Environment

Blue Grace Logistics

Rising online purchases over the past few years have increased the need for LTL. Transportation rates have been rising over the last couple of years due to factors like the driver shortage, lack of equipment, a capacity crunch, and rising fuel costs. More than 67% of those surveyed experienced LTL cost increases of 5-14%.

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Shippers Navigating an Evolving LTL Marketplace

Blue Grace Logistics

Rising online purchases over the past few years have increased the need for LTL. BlueGrace Logistics sought to learn more about this dynamic and teamed up with FreightWaves to survey shippers about the state of the LTL market and their approach to LTL shipping in today’s environment. Consumers are paying the price. Whitepaper.

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The Essential List of Logistics Acronyms and Abbreviations for Retailers

Locus

A recent survey forecasts that retail sales will soar to $32.76 This fulfillment method cuts down delivery costs of serving customers especially in dense cities. In a way, this model is a win-win as it saves return logistics costs for retail businesses. If there is one industry that continues to scale robustly, it is Retail.

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What Lessons a Table Fable Teaches About Supply Chain Orchestration

Logistics Viewpoints

Even if this retailer had used AI to forecast my purchase, AI that creates a perfect plan but fails to execute it only results in a highly-efficient silo, as Northeastern University professor Nada Sanders says. Orchestration built on legacy, disconnected systems may keep costs down but will not delight customers and grow top line revenue.