View the Full Case Study Kingsgate Logistics is a non-asset based, third-party logistics provider (3PL) that offers a full scope of logistics services facilitated by leading-edge technology and provides truckload, … Read More
INFOGRAPHIC: Understanding the true trucking rate for the market
Freight market volatility derives from numerous factors, from the weather through the elections, that may lead to changing transportation and trucking rates for any/all markets. To understand the real trucking … Read More
Shipping mode and data: How to use data to determine the best mode for your freight move
Shipping mode and freight optimization remain a sought-after powerhouse of all modern supply chains. Optimization and its correlating digital transformation propagate double-digit opportunities for ROI growth. But it remains elusive … Read More
WHITE PAPER: Why freight forecasting is essential for determining mode optimization
The first thing to note when it comes to freight forecasting for mode optimization is that trucking capacity and freight rate issues play into shifting modes between full truckload (TL), … Read More
Win Shipping Bids: 5 Tips for freight brokers
Being invited to participate in shipping bids for freight lanes is tough enough. Winning those lanes, especially on the first try, is even more difficult. That’s why it’s best for … Read More
Improving freight shipments: How a Lane Score benefits shippers, carriers, brokers and 3PLs
An innovative way to deploy the value-intense insights of FreightWaves SONAR’s Lane Signal to understand freight shipments is the Headhaul Lane Score. Unlike SONAR’s Lane Signal, which provides origin and … Read More
SONAR Indices & Insights: Average Length of Haul (ALOHA)
The SONAR team is ready with another “SONAR Indices & Insights.” Each week, you’ll learn about another index found within SONAR, the freight forecasting platform from FreightWaves. This week we’ll focus on … Read More
INFOGRAPHIC: How Lane Signals gauges freight market volatility & provides actionable insights do they provide?
SONAR Lane Signals provide a snapshot of general rate control by lanes at both the origin and destination. However, the real implications of Lane Signal to show a snapshot into … Read More
When to choose intermodal to move freight
While freight mode optimization remains a top priority for companies, there’s an option that’s often overlooked – cross-carrier or intermodal shipping. This mode is often used interchangeably with multimodal, but … Read More
Carrier sales: 5 tips for negotiating with carriers
Have you ever received a counter-offer from a carrier in the process of carrier sales negotiations that made you drop your cup of coffee? Or have you ever lowballed an … Read More
Freight Optimization: Choosing mode is more than a rate…it’s about performance
The ability to unlock freight optimization and gain meaningful insights to monitor, measure and improve supply chain management is more critical than ever. And according to a recent survey of … Read More
SONAR Indices & Insights: What is the Truckstop.com Volume Index & the Rates Per Mile?
The SONAR team is ready with another “SONAR Indices & Insights.” Each week, you’ll learn about another index found within SONAR, the freight forecasting platform from FreightWaves. This week we’ll … Read More
INFOGRAPHIC: The Cost of Operating a Truck
FreightWaves estimates the total cost of operating a truck at about $210,000 annually (or about $1.76 per mile) based on the average truck driver driving 120,000 miles per year (400 … Read More
Freight mode optimization: why freight forecasting aids in optimizing mode choice
Freight forecasting allows shippers, brokers, 3PLs, and carriers to manage workflows better and reduce total landed costs. However, many freight management parties continue to rely on an antiquated set of … Read More
WHITE PAPER: Using data and insights as your guide to freight bidding negotiations
While moving freight to the spot market works, it’s not always realistic. Everyone wants the stability of a contract. Unfortunately, existing contracts are not necessarily viable. So, companies begin looking … Read More
Freight Sales: Five methods for freight brokers to prospect
Prospecting and full sales funnels are the lifeblood of all businesses. Freight brokerages are certainly no exception to this law of business in their freight sales approach. Prospecting is one … Read More
Mini freight bids: what are the opportunities and challenges of a mini-bid to know
As market volatility continues, both shippers and carriers face massive uncertainty regarding capacity, spot rates and freight guarantees. As reported by Bob Jarvis of Logistics Viewpoints, “The biggest constant in … Read More
SONAR Indices & Insights: What is Tender Market Share?
It’s another week and the SONAR team is ready with another “SONAR Indices & Insights.” Each week, you’ll learn about another index found within SONAR, the freight forecasting platform from … Read More
INFOGRAPHIC: Trucking Rates per mile by regions September 2020
In the following infographic, the FreightWaves SONAR team has provided the most recent data from SONAR to show the outbound regional average trucking rates by region. INFOGRAPHIC: Outbound Regional Average … Read More
When do shippers move to spot freight rates & how that mirrors a mini-bid strategy
Recall that all freight is bought and paid for on the spot market. And in that respect, all freight, including freight under a long-term, annual contract, takes this into account. … Read More