FreightWaves SONAR

FEBRUARY 11, 2021

Benchmarking standards within trucking fleets are continuously changing. 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.”

Procurement Analytics 98

Procurement Analytics Trucking Optimization Software Operations 98

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.

Optimization Software 105

Optimization Software Optimization Tips Price Reduction 105

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?

Cost Reduction 98

Cost Reduction Supply Chain Planning Software Optimization Software Trucking 98

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.

Data 59

Data Supply Chain Design Software Trucking Logistics Network Optimization Software 59

FreightWaves SONAR

DECEMBER 21, 2020

Transportation analytics is among the most effective tools in trucking contract negotiations. And it’s equally important to know the top 10 challenges for shippers in negotiating trucking contracts like limited headhaul insight and how to overcome them. Trucking contracts are not necessarily built for disruption.

Negotiating Skills 76

Negotiating Skills Trucking Price Reduction Cost Reduction 76

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?

Sourcing Strategies 98

Sourcing Strategies Optimal Sourcing Sourcing Data 98

Envase Technologies

APRIL 20, 2022

Stop by at Truck World (April 21-23) to say hello to Bob and Justine from Envase’s Infosite team. Request a Demo. We hope to see you there! Learn More. Meet with Envase. Not able to attend the show but want to learn more about Infosite’s new Warehousing and Maintenance modules? Set up a time to meet virtually!

Events 52

Events Tools Blog Webinar 52

FreightWaves SONAR

JANUARY 25, 2021

In this edition of “SONAR Indices & Insights,” the SONAR team showcases several mileage-focused indices to aid carriers to build trucking KPIs that will inform decisions to optimize fleet utilization among other freight KPIs. Miles per Truck per Week (MILTR). Miles per Truck per Week (MILTR). Loaded Miles (%) (LOADM).

Optimization Software 98

Optimization Software Optimization Trucking Expense Reduction 98

FreightWaves SONAR

FEBRUARY 10, 2021

Carriers currently have a great selection of tools to choose from so that they may further their enterprise. Many of the most beneficial tools come from the utilization of data and analytics. The advantage of predictive rating tools to manage and maximize RFP efficiency and cost alignment. Request a SONAR Demo.

White Paper 98

White Paper Optimization Software Data Price Reduction 98

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. Image Source: [link].

Supply Chain Planning Software 62

Supply Chain Planning Software Trucking How To Logistics Network Optimization Software 62

Envase Technologies

AUGUST 23, 2022

Given the challenges inherent to today’s supply chain, every player — from trucking companies to brokers — needs every advantage they can get. For truckers, the following tools bring exceptional value: 1. Schedule your Demo. Schedule your Demo. For brokers, some of the top features include: 1.

Supply Chain Software 52

Supply Chain Software Sourcing Strategies Demo Tools 52

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.

Trends 64

Trends Trucking Supply Chain Planning Software Optimization Software 64

FreightWaves SONAR

MARCH 23, 2021

Companies in the over-the-road trucking industry constantly strive to boost efficiency. Track carrier performance with the right KPIs Tracking carrier performance with key performance indicators (KPIs) makes for another critical tool for improving freight management. Request a SONAR Demo. Request a SONAR SCI Demo.

Resource Reduction 98

Resource Reduction Efficiency Cost Reduction Freight 98

FreightWaves SONAR

FEBRUARY 15, 2021

The ability to accurately predict both trucking and load execution costs or rates is a wonderful tool for all carriers. The tools that come with the utilization of modern tech and logistics provide a strategic advantage, especially for carriers looking to improve how they manage their fleet assets. Request a SONAR Demo.

Freight 98

Freight Logistics Network Optimization Software Resource Reduction White Paper 98

Penske Move Ahead

MAY 30, 2024

Stop by booth #226 to discuss your fleet and logistics needs including: Truck Rental and Leasing : Experience the industry’s best vehicles tailored to for delivery fleet needs, ensuring efficiency and reliability. Used Vehicles: Discover Penske’s exceptional variety of quality, pre-owned vehicles -- perfect for expanding or upgrading fleets.

Supply Chain Design Software 40

Supply Chain Design Software Optimization Software Supply Chain Software Logistics Network Optimization Software 40

Trinity Logistics

MAY 10, 2023

A transportation management system (TMS) , specifically one that includes a freight optimization tool, is one way to analyze and take your load planning process from hours of manual work to minutes through automation and technology. Some may not even offer load planning tools. The word to remember here is “tool”.

Supply Chain Planning Software 72

Supply Chain Planning Software Optimization Software Logistics Network Optimization Software Supply Chain Software 72

FreightWaves SONAR

MARCH 22, 2021

In this edition of “SONAR Indices & Insights,” readers will learn about FreightWaves SONAR’s Weighted Rejection Index (WRI) to monitor trucking capacity in the freight market and the impact rejections have on shipping rates. Sign up for a demo here or by clicking the button below. . Request a SONAR Demo.

Capacity 98

Capacity Price Reduction Demo Cost Reduction 98

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.

Optimal Sourcing 92

Optimal Sourcing Supply Chain Planning Software Optimization Software Availability 92

WorkWave

NOVEMBER 14, 2024

Implementing delivery scheduling software and route optimization tools is vital, allowing businesses to update delivery paths in real-time and manage unforeseen situations effectively. Route Optimization : Use tools to find the most efficient routes. Real-Time Tracking : Adjust plans based on current conditions.

Optimization Software 52

Optimization Software Resource Reduction Logistics Network Optimization Software Inventory Reduction 52

FreightWaves SONAR

FEBRUARY 5, 2021

Top cost centers for trucking carriers The potential for market volatility makes cost centers more worrisome for trucking carriers. Some of the top costs within trucking include fuel costs, outsourced brokerage payments, supplier costs, idle time, insurance and more. Request a SONAR Demo.

Expense Reduction 105

Expense Reduction Cost Reduction Price Reduction Waste Reduction 105

FreightWaves SONAR

FEBRUARY 1, 2021

One of the significant issues for any truck driver appears in the form of empty miles. Using analytics and data-driven tools , carriers can find more loads and avoid consequential expenditures, such as empty miles. . Carrier revenue benchmarking metrics make for a great reference tool for any carrier. Request a SONAR Demo.

Data 76

Data Price Reduction Cost Reduction Expense Reduction 76

FreightWaves SONAR

MARCH 30, 2021

Routing guide failures are frequently caused by poor communication, misunderstandings, unclear guidelines, poor decision-making, outdated or missing data points, mismanagement of privately owned trucking fleets, and unavailability of automated tools and technology. Request a SONAR Demo. Request a SONAR SCI Demo.

Compliance 98

Compliance Supply Chain Software Supply Chain Planning Software Data 98

FreightWaves SONAR

JANUARY 5, 2021

As such, seeing signals and indices that reflect the real trucking market conditions will be critical to avoiding over-extension of your fleet and drivers. Remember that if the shipper can’t trust the trucking business, sales fall. In turn, trucking companies often have the upper hand. Despite the setbacks, trucking will grow.

Trends 105

Trends Optimal Sourcing Supply Chain Software Supply Chain Planning Software 105

FreightWaves SONAR

JULY 23, 2024

We learn how to use tools like Excel and Google Sheets out of necessity to organize the world around us. 3PL team leads can finally answer the question: “If I say no to this truck at 10am, what is the risk that I’ll still be sitting here without one at 5pm?”

Eliminating Excel in Purchasing 59

Eliminating Excel in Purchasing Supply Chain Planning Software Optimal Sourcing Supply Chain Software 59

FreightWaves SONAR

JANUARY 4, 2021

Among the shipper of choice tips, offering reliable delivery windows with accurate and on-time truck arrival, communications, and proper documentation will significantly strengthen that reputation. The best examples of shippers of choice provide services along several trucking routes. Give trucking carriers various shipping modes.

Tips 111

Tips Security Capacity Supply Chain Software 111

FreightWaves SONAR

DECEMBER 10, 2020

Knowing exactly what’s going on and when it’s going on is the most valuable tool in a supply chain operations arsenal. Part of successfully implementing supply chain predictive analytics is knowing how to wield these tools properly. Use tools that offer predictive freight rates to forecast & conduct RFPs or mini-bids.

Supply Chain Planning Software 95

Supply Chain Planning Software Supply Chain Software Supply Chains Logistics Network Optimization Software 95

FreightWaves SONAR

FEBRUARY 5, 2021

The trucking market is volati le. Gaining objectivity in the trucking market. With the most comprehensive freight data and analysis in history, most of which is updating every 24 hours, SONAR has the data, tools and potential to provide objectivity to the logistics market as a whole, offering users much-needed protection.

Trucking 98

Trucking Negotiating Skills Logistics Network Optimization Software Data 98

Penske Move Ahead

MAY 30, 2024

Stop by booth #226 to discuss your fleet and logistics needs including: Truck Rental and Leasing : Experience the industry’s best vehicles tailored to for delivery fleet needs, ensuring efficiency and reliability. Used Vehicles: Discover Penske’s exceptional variety of quality, pre-owned vehicles -- perfect for expanding or upgrading fleets.

Supply Chain Design Software 26

Supply Chain Design Software Optimization Software Supply Chain Software Logistics Network Optimization Software 26

RPA Labs

FEBRUARY 3, 2022

The ROI of robotics process automation is an importantant consideration when implementing a new tool. Despite being a baseline automation tool, OCR is a significant upfront investment. To properly utilize the tool, there are hardware, training, and other component costs to satisfy. . OCR Is Also Very Expensive on Its Own.

Supply Chain Software 85

Supply Chain Software Supply Chain Design Software Optimization Software Supply Chain Design 85

FreightWaves SONAR

JANUARY 5, 2021

Control over trucking freight rating remains a blip for many carriers, particularly owner-operators and those trying to manage the chaos of a pandemic-stressed industry. Quite simply, freight rating challenges are not a problem limited to trucking carriers. Now, the industry is changing yet again.

Data 88

Data Price Reduction Freight Resource Reduction 88

Parade

MARCH 2, 2022

At the end of 2021, Parade released a , new feature that allows brokerages to see all the carriers that have sent them quotes in the past and all the carriers that have sent truck availability through DAT in the source search function. Let’s break down the benefits of Parade’s ‘Never Miss a Carrier’ feature.

Sorting 78

Sorting Capacity Availability Optimal Sourcing 78

FreightWaves SONAR

NOVEMBER 15, 2021

The resulting data tool is the new Market Dashboard application, which provides average all-in spot rates for more than 650,000 unique dry van lanes and over 300,000 unique reefer lanes that are updated every morning. Other spot rate tools place too much weight on stale rates or rates taken from irrelevant lanes. Request a SONAR Demo.

White Paper 59

White Paper Demo Data Tools 59

FreightWaves SONAR

FEBRUARY 11, 2021

Making meaningful use of truckload shipping platforms helps fleets secure higher capacity trucks and trailers. Several challenges face the trucking industry today, and cold transportation needs are again at the center of much more than just the food supply chain. Having the right tools and analytics platforms make it all possible.

Sourcing Strategies 98

Sourcing Strategies Cost Reduction Supply Chain Planning Software Optimization Software 98

FreightWaves SONAR

SEPTEMBER 5, 2024

This tightening of capacity indicates that there are fewer trucks available relative to the volume of goods that need to be moved, which drives up the costs for shippers. Submit a demo request to learn more about how you can utilize SONAR data at your organization!

Supply Chain Software 52

Supply Chain Software Supply Chains Price Reduction Logistics Network Optimization Software 52

FreightWaves SONAR

SEPTEMBER 5, 2024

This tightening of capacity indicates that there are fewer trucks available relative to the volume of goods that need to be moved, which drives up the costs for shippers. Submit a demo request to learn more about how you can utilize SONAR data at your organization!

Supply Chain Software 52

Supply Chain Software Supply Chains Price Reduction Logistics Network Optimization Software 52

FreightWaves SONAR

AUGUST 11, 2021

Tools that allow shippers to have actionable insights into data that is impacting their networks have become increasingly important during the past couple of years. Request a SONAR Demo. Request a SONAR SCI Demo. FILL OUT THE FORM BELOW TO DOWNLOAD THE FREE WHITE PAPER.

White Paper 52

White Paper Demo Supply Chain Software Networks 52

FreightWaves SONAR

JANUARY 26, 2021

However, with modern, interoperable logistics technology , managers can easily automate tasks traditionally performed manually or those that need separate interfaces and tools. RPA falls into place alongside other digital tools that promote automation and digitization of standard processes. Request a SONAR Demo.

Supply Chain Design Software 98

Supply Chain Design Software Supply Chain Planning Software Logistics Network Optimization Software Supply Chain Software 98