Talon Logistics Applies FreightWaves SONAR Insights to Thrive Through Disruption
View the Full Case Study Crossing lines between an asset-based and non-asset-based third-party logistics provider (3PL), the Talon Logistics network is continuously looking for new ways to expand operational excellence. And in the wake of COVID-19, Brandon Briscoe, President of Talon Logistics, knew he needed to find a viable, effective way to tap market data […]
FreightWaves Improves Opportunity Visibility with Latest SCI Release
FreightWaves has made it even easier to identify where shippers’ biggest market opportunities exist by adding two new views to its SONAR SCI platform, the Summary and Opportunity Views.
Lowering freight costs to alleviate margin pressure for CPG companies
Consumer packaged goods (CPG) companies are facing a unique set of circumstances in the current inflationary environment. Inflation has a larger impact for the CPG industry compared to other industries given the reliance on numerous commodities (like corn and soybeans) that have seen prices increase dramatically over the past year. The inflationary pressure on inputs […]
CPG companies can benefit from real-time data to offset rising transportation costs
Inflation, inflation, inflation! Consumer packaged goods are facing inflationary pressures from all sides: Commodity prices are increasing; shortages of blue-collar workers for labor-intensive jobs; manufacturing costs increasing; packaging costs rising amid a boom in e-commerce; and transportation costs climb as capacity across all modes is historically tight. In the short-term, the rise in transportation costs […]
Freight data can assist CPG companies in mitigating risks of freight cost inflation
Inflationary pressure continues to be one of the largest headwinds for consumer packaged goods (CPG) companies, which are uniquely exposed in the current environment. Input costs for corn, as well as other agricultural products, that are used in many products from animal feed all the way to consumer goods, have risen by more than 100% […]
FreightWaves SONAR releases Capacity Trend Indices
FreightWaves SONAR is releasing new indices – Capacity Trend Market Scores and Capacity Trend Market Direction – to help shippers, carriers and brokers prioritize specific routes daily. SONAR subscribers will be able to see those markets across the nation that have the most significant tightening or easing conditions. By using the indices in the daily work flow, subscribers can generate lower costs and improved profitability.
[WHITE PAPER] Auto manufacturers can use real-time freight data to better manage freight spend
Automobile and auto parts manufacturers have been dealt a difficult hand over the past year as the onset of the COVID-19 pandemic led to a shutdown in manufacturing facilities, not just across the U.S., but around the world. As the world recovers from the pandemic, now numerous supply chain impacts – including a global semiconductor […]
[WHITE PAPER] Leveraging freight market data to lower automotive manufacturers freight spend
Automotive shippers are facing numerous challenges stemming from a global semiconductor shortage, inflationary pressure on numerous inputs, as well as rising freight costs that seem to be affecting every shipper across all modes. Coupled with the just-in-time nature of the industry, automotive manufacturers are heavily reliant on an efficient global supply chain. The free white […]
Freight Market Data To Assist in Negotiations With Carriers
SONAR data show that the freight market for inbound Detroit loads is highly volatile based on auto production trends – inbound Detroit loads should be less expensive when OEMs are sourcing a lot of components as assembly volumes ramp up. Conversely, it is easier for auto companies to source components into Detroit at lower freight […]
SONAR expands its reefer data
The newest SONAR reefer data is in SONAR’s Lane Signal application. The Lane Signal app is SONAR’s tactical solution to view daily changes at an individual lane level. Lane Signal now includes reefer-specific insights, and users can toggle between dry van and reefer data.
Retail disruption and K-shaped recovery highlight importance of freight data
The pandemic has sent the retail industry on a K-shaped trajectory — the final straw that has sent many retail chains into bankruptcy while also contributing to a surge in sales for many of the leading chains. The difference has been not only offering products that customers are seeking, but also the impact of scale […]
Not easy being green: Finding truckloads to convert to intermodal when the low-hanging fruit is already picked
With shippers ramping up sustainability efforts, the conversion of truckloads into intermodal units seems like a natural place to start. In addition to typically saving shippers 10%-15% in freight costs and halving the fuel surcharge, intermodal releases commensurately less greenhouse gas.
How to Win During Bidding Season
How to Bid on Transportation Contracts 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 freight brokers to develop a comprehensive strategy to bid on freight contracts for requests for pricing (RFPs) and requests […]
Freight cost management: 5 tips to get the biggest bang for your buck
Freight costs and budget adherence are among the most important and often overlooked aspects of transportation management. As the industry struggles to recover from the unprecedented global events of 2020, recognizing budget limitations is essential for industry growth and success. The costs of logistics as a ratio of total expenses are too significant to ignore. […]
Logistics carbon footprint reduction best practices
Today’s modern advances in eco-friendly, green practices create an environment where businesses must be conscious of their practices. This becomes especially significant for the carbon footprint of companies in transportation, logistics and supply chains, including the added expenses associated with reefer during the warmer months. After all, it amounts to increased energy use and effectively […]
How freight brokers can use SONAR to lower carbon emissions
When it comes to reducing carbon emissions, electric vehicles and switching fuel sources are all the rage. This strategy is important, as 81% of greenhouse gases are made up of carbon dioxide, which comes from the combustion of fossil fuels like coal, natural gas and oil. The Environmental Protection Agency (EPA) found that 34% of […]
Why shippers care about reduced emissions in their network
Aside from the implementation of automated technology and digital tools, one of the most significant shifts in the shipping and transportation industry focuses on reduced emissions. It seems like buzzwords like “going green, optimization and sustainability” keep getting thrown around. But what do they mean for the supply chain network of today? Why are more […]
LTL Freight Rates: Using data to improve annual contract negotiations
With the proper use of data and freight analytics, contract procurement and securing capacity can be enhanced. The incredible insights that accurate data has to offer combats volatility and unearths a clear understanding of what’s actually happening in the market. Those are the founding principles behind SONAR SCI Lane Acuity. This is also the basis […]
How ocean freight impacts translate into truckload effects
While most people think of fleets of trucks when they think about the supply chain network, another mode can be even more vital. Ocean freight is a major part of the modern shipping industry and plays a role in a large percentage of overall shipping capacity. Even orders that reach their final destination by truck […]
What data is available to track intermodal freight shipping rates
Today’s shipping and transportation industry has changed in several ways, even over just the last few years. One of the most popular tools that drives the supply chain to new heights is the process of intermodal freight shipping. This is seen exceptionally well when looking at rail capacity and transportation rates for the modern supply […]
