FreightWaves SONAR

APRIL 1, 2021

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. LTL shipping rates would historically depend on freight class and the cost per hundredweight . Download the White Paper.

Negotiating Skills 98

Negotiating Skills Price Reduction Trends How To 98

Trinity Logistics

DECEMBER 29, 2021

In this blog, we’re going to dive into some of the latest trends in the food and beverage industry. TRENDS IN THE FOOD AND BEVERAGE INDUSTRY. One of the well-known trends in the food and beverage industry is the continued growth of cold chains. This makes sustainability one of the top trends in the food and beverage industry.

Trends 105

Trends Food and Agriculture Industry Waste Reduction 105

FreightWaves SONAR

FEBRUARY 26, 2021

(Graphics created by Emily Ricks) Successful freight trucking depends on the joining of profitable loads with timely delivery. Of course, measuring revenue through the growing demands for both contract and spot freight transportation is never simple addition and subtraction.

Trucking 96

Trucking Freight Price Reduction Cost Reduction 96

Trinity Logistics

MAY 17, 2024

As a Freight Agent, you might think proof of your business growth is solely measured based on your revenue size. Choosing to look beyond the numbers for growth and instead embracing a growth mindset can revolutionize your approach as a Freight Agent. A curious Freight Agent isn’t afraid to ask why certain routes may be preferred.

Freight 99

Freight Buyer Training Logistics Network Optimization Software Resource Reduction 99

Trinity Logistics

OCTOBER 16, 2023

Stay up to date on the latest information on conditions impacting the freight market, curated by Trinity Logistics through our Freightwaves Sonar subscription. An example can be seen the Los Angeles market. Imports on the Rebound? For the past 14 months, much of the conversation around U.S. container import volume has been gloomy.

Freight 92

Freight Logistics Network Optimization Software Outbound Trends 92

Dedola Global Logistics

NOVEMBER 20, 2023

Air freight forwarding emerges as a key player in this scenario, offering speed and reliability that can significantly impact business operations. However, it’s important to choose the right service provider, as not all freight forwarders are created equal.

Freight forwarding 82

Freight forwarding Reliability Efficiency Freight 82

FreightWaves SONAR

NOVEMBER 19, 2020

Global supply chains suffer from limited visibility and a general want for supply chain intelligence in carrier sourcing , freight tendering and all other processes. Consider this example. Without supply chain visibility, a retailer cannot realistically move freight to other markets to take advantage of trucking capacity.

Supply Chain Software 105

Supply Chain Software Supply Chains Scenario Planning Sourcing Strategies 105

Turvo

AUGUST 24, 2021

Getting a better shipping experience is easy with an optimized supply chain and a robust freight brokerage setup. Creating the perfect supply chain can be a challenge, but freight managers can do some simple yet practical things. Examples would be some traditional forms of material handling equipment.

Optimization Software 98

Optimization Software Supply Chain Software Logistics Network Optimization Software Supply Chains 98

Now, That's Logistics

FEBRUARY 15, 2022

As shippers either figuratively or literally flipped the calendar page over to 2022, the hope was that at least some of the capacity crunches, driver shortages, labor issues and freight rate increases that took hold in 2021 would begin to heal themselves and create a more balanced transportation marketplace. Unfortunately, this didn’t happen.

Cost Reduction 78

Cost Reduction Capacity Trends Expense Reduction 78

FreightWaves SONAR

JULY 24, 2023

Freight costs and budget adherence are among the most important and often overlooked aspects of transportation management. For example, according to Global Trade Magazine , “One critical factor that executives should monitor closely is logistics management. As a result, freight cost changes go unnoticed and surpass budget limitations.

Cost Reduction 105

Cost Reduction Tips Expense Reduction Supply Chain Planning Software 105

Material Handling and Logistics

FEBRUARY 15, 2018

trends including the adoption of electric vehicles, with all the attendant disruption this will have on engine production and spare parts logistics. According to John Manners-Bell, Ti’s CEO, “The automotive sector may become unrecognizable in time, driven by trends often referred to as Industry 4.0. Printer-friendly version.

Logistics Network Optimization Software 114

Logistics Network Optimization Software Manufacturing Procurement Supply Chain Software Modeling Software 114

Logistics Bureau

APRIL 4, 2022

Whether your company is a big or small player in terms of shipping volumes, and regardless of your chosen transportation modes (road, rail, ocean, air), the health of your bottom line depends in no small part on the competitiveness of your freight prices. So how can you be sure you’re getting the best freight rates possible?

Negotiating Skills 95

Negotiating Skills Purchasing Skills Logistics Network Optimization Software Supply Chain Planning Software 95

FreightWaves SONAR

JANUARY 5, 2021

Although many carriers have worked diligently towards reducing operational costs and increasing profit margins, there is still work to do for the top for-hire truckload freight carriers to improve. Quite simply, it costs money to ship freight and the amount can vary significantly by region, zone, mode and more.

Cost Reduction 105

Cost Reduction Waste Reduction Expense Reduction Price Reduction 105

Logistics Viewpoints

DECEMBER 17, 2024

Freight transportation makes up over 10% of total global carbon emissions. With rapidly increasing freight demand worldwide, it is expected to become the highest-emitting sector by 2050.1 For example, reduced emissions could result from streamlined routing or fewer trips due to improved demand forecasting.

Supply Chain Planning Software 137

Supply Chain Planning Software Supply Chain Software Procurement Solutions Optimal Sourcing 137

Shipping and Freight Resource

FEBRUARY 4, 2020

Digitisation, Digitalisation, Digital Transformation are some buzz words that have recently taken the shipping and freight industry by storm. Some examples and benefits of digitalisation in shipping are. Here is a real life example. For example, seafood products are best shipped at -20°C (-4°F) or lower.

Supply Chain Planning Software 97

Supply Chain Planning Software Freight Supply Chain Design Software Modeling Software 97

ShipLilly

SEPTEMBER 14, 2020

The latest information coming from freight forwarders and experts in logistics points towards the expectation that US imports will remain high throughout October 2020. For example, by the 28th of August 2020; the Asia-US West Coast rate was $3,639. A recent survey of factories in China seems to point towards this trend.

Trends 72

Trends Replenishment Purchasing Skills Government 72

FreightWaves SONAR

FEBRUARY 8, 2021

Unlike contracted rates, the spot freight market is full of wild price swings and uncertainty. And in freight management, a delay of a day or even hours can amount to significant delays and a poor customer experience. In general, this results in a preference for contract freight among shippers and carriers alike. Consider this.

Price Reduction 94

Price Reduction Freight Resource Reduction White Paper 94

Logistics Business Magazine

NOVEMBER 24, 2022

Although it’s hard to know for sure, here are three trends that are likely to shape the supply chain industry over the next 12 months. One example is multi-shoring. For example, 57% of carriers are now leveraging freight exchange platforms to find additional capacity when their own network reaches exhaustion.

Trends 68

Trends Sourcing Strategies Transportation Cost Reduction 68

MTS Logistics

FEBRUARY 16, 2024

There are many variables affecting ocean freight rate fluctuations. Carriers will want freight rates at higher levels to maximize the profits per-vessel, while BCOs will want to ship with the best possible cost out there. Consumer Demand and Vessel Supply Consumer demand and vessel supply have the biggest impact on freight rates.

Freight 84

Freight Cost Reduction Inventory Reduction Scenario Planning 84

FreightWaves SONAR

DECEMBER 17, 2020

In modern freight management, the word of a broker is an unbreakable bond. And the results are proving SONAR’s value as a market trends and planning resource. We also worked across our carriers to collect data from our network and understand where rates were trending. View the Full Case Study. Greg Morrow.

Case Study 124

Case Study Logistics Network Optimization Software Study Logistics 124

Logistics Viewpoints

JANUARY 21, 2021

ML looks into historical data (for example, transit time statistics of carriers) and data from impactful external factors (such as port congestion, weather or holidays) and uses this information to develop more accurate transit time estimates. These can include traffic conditions, port congestion, storms, and holiday closures.

Inventory Reduction 211

Inventory Reduction Supply Chain Planning Software Cost Reduction Logistics Network Optimization Software 211

FreightWaves SONAR

MARCH 15, 2021

The introduction of this first application within SONAR SCI was built with leaders at companies that spend millions of dollars on freight shipping. SONAR Lane Acuity Plus provides lane-level insight into market stability and rate benchmarking , helping participants identify freight rate and capacity risk on a lane. .

Optimal Sourcing 98

Optimal Sourcing Procurement Analytics Procurement Solutions Procurement 98

FreightWaves SONAR

SEPTEMBER 1, 2021

Freight demand tends to climb leading into a storm and then falls off in the markets heavily affected in the days immediately following severe weather (and the length of disruption depends on the damage done). For example, the Outbound Tender Volume Index (OTVI) is a 7-day moving average of shippers’ requests for capacity.

Freight 98

Freight Inbound Demo Events 98

Now, That's Logistics

DECEMBER 1, 2020

Securing capacity for global air shipments has become more difficult this year as total freight volumes receded and as carriers reduced their flights as a way to offset that drop in volume. The latter is a particular concern for shippers that rely heavily on air freight. What’s Driving the Trend? Total volume fell by 12.6%

Capacity 78

Capacity Freight Cargo Scenario Planning 78

Turvo

OCTOBER 21, 2021

Reason for the drastic increase in freight prices . Probable events that will lead to a downfall in freight prices. In recent months, businesses and shippers have been plagued with abnormally high freight rates. Freight prices have climbed over 500% in the last year. . Why have freight rates been on the rise?

Freight 81

Freight Price Reduction Scenario Planning Cost Reduction 81

FreightWaves SONAR

MARCH 22, 2021

Big data and predictive freight rates in the digital supply chain are nothing new. Regardless of segment, the need for technology and insight via real-time predictive freight rates that can explore the specifics are critical to success. Even worse, predictive freight rates using outdated data may do more harm than good. .

Data 98

Data Negotiating Skills Freight Resource Reduction 98

Dedola Global Logistics

AUGUST 9, 2024

As of mid-2024, importers shipping goods from Thailand, Cambodia, and Indonesia to the United States face significant challenges due to space shortages and rising freight rates. Rising Freight Rates: Freight rates have surged significantly. Increased Costs: The surge in freight rates translates to higher costs for importers.

Inventory Reduction 74

Inventory Reduction Cost Reduction Expense Reduction Freight 74

Trinity Logistics

SEPTEMBER 22, 2023

In this blog, we’re going to dive into some of the latest trends in the food and beverage industry. SUSTAINABILITY Growing climate issues are making sustainability a common trend in almost all industries. This makes sustainability one of the top trends in the food and beverage industry. As a result, hiring workers in the U.S.

Trends 65

Trends Waste Reduction Industry Supply Chain Planning Software 65

The Logistics of Logistics

NOVEMBER 1, 2021

After, he was the CEO of Freight Mango, a Global Digital Freight Marketplace focused on streamlining and automating global trade. ? Top Trends in Supply Chain Tech with Charley Dehoney. Since August 2021, he has built and lead ZEBOX AMERICA, based in Arlington, Virginia. Learn More About Disruptive Tech In The Supply Chain.

Supply Chain Software 195

Supply Chain Software Supply Chains Logistics Network Optimization Software Supply Chain Technology 195

FreightWaves SONAR

MARCH 24, 2021

Brokerage leaders are turning to this strategy for their freight business. Many small and medium-sized brokerages find themselves entering the freight brokerage market with a specialized niche. While it is possible to continue revenue growth, you work extremely hard during down periods in your freight business just to remain stable.

Freight 72

Freight Price Reduction Cost Reduction Inventory Reduction 72

MTS Logistics

AUGUST 21, 2023

The freight forwarding and project cargo sectors, always at the heart of global commerce, are adapting and evolving. Drawing from industry insights and the pulse of current trends, let’s explore the intricate tapestry of what the remainder of the year and beyond might unfold. Example: Consider the Suez Canal obstruction.

Freight forwarding 75

Freight forwarding Cargo Freight Optimization Software 75

Now, That's Logistics

NOVEMBER 2, 2021

In Mexico, as in many other countries, road transport is the most widely-used freight infrastructure, given the flexibility it provides in terms of being able to accommodate large shipments, enable door-to-door deliveries and provide a dependable capacity for shippers.

Trucking 78

Trucking Trends Cost Reduction Supply Chain Software 78

Trinity Logistics

MAY 9, 2022

Which has better shipping freight rates? CONTRACT RATE PROS/CONS SPOT MARKET PROS/CONS HOW TO GET YOUR BEST SHIPPING FREIGHT RATE ON THE CONTRACT MARKET HOW TO GET YOUR BEST SHIPPING FREIGHT RATE ON THE SPOT MARKET WHAT HAPPENS WHEN A CONTRACT IS BROKEN? Spot freight rates are short-term transactional quotes for moving freight.

Freight 81

Freight Price Reduction Logistics Network Optimization Software Supply Chain Planning Software 81

Logistics Viewpoints

JULY 14, 2021

A TMS helps companies move freight from origin to destination efficiently, reliably, and cost-effectively. Planning and execution is focused on freight moves involving a carrier. Fleet Management involves freight moves with transportation assets owned by the company. The primary reason companies buy a TMS is for freight savings.

Optimization Software 159

Optimization Software Supply Chain Planning Software Supply Chain Design Software Modeling Software 159

FreightWaves SONAR

NOVEMBER 6, 2020

Operating a successful freight brokerage means offering competitive rates to shippers, working with more carriers, and keeping employees happy. To that end, consider these freight broker salary ranges and how they respond to the market. For example, the following BLS map shows the annual mean wages by state: From [link].

Freight 71

Freight Negotiating Skills Buyer Training Data 71

Logistics Viewpoints

MAY 26, 2022

The percentage of purchases made and fulfilled through digital commerce has exploded in the past two years, advancing a pre-pandemic trend by as much as 10 years according to some industry watchers. Their transportation networks are more diverse, in many cases aided by connections to digital freight marketplaces.

Supply Chain Software 170

Supply Chain Software Optimal Sourcing Supply Chain Design Software Logistics Network Optimization Software 170

Freightos

JULY 30, 2024

More Resources Home July 30, 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. China – N. Europe – N.

Price Reduction 112

Price Reduction Supply Chain Software Data Freight 112