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Freight Market Blog

Transport, Logistics, & Supply Chain Market Commentary

Enterprise shippers’ top 6 logistics strategies to know

Jason VanoverJanuary 28, 2021Freight Market Blog

truck-speed-blur

Surviving the tumultuous year of 2020 represented the most critical challenge shipping leaders had to face in years. Adjusting current logistics strategies demonstrated the second great challenge of the pandemic. … Read More

[WHITE PAPER] The 2021 freight market outlook forecast

Adam RobinsonJanuary 27, 2021Freight Market Blog, White Papers

SONAR-WP-2021-Freight-Market-Outlook

The societal and economic challenges of 2020 have constructed a positive outlook for transportation in 2021.   It would be an oversight to kick off a 2021 outlook without addressing the … Read More

What is freight load balance scoring and why should carriers care?

Adam RobinsonJanuary 26, 2021Freight Market Blog

freight load

Supply chain leaders continue to focus their efforts on finding the right mix of assets used, market positioning and carrier freight pricing strategies. For carriers, it’s all about balance. Yes, … Read More

Why enterprise shippers need interoperability in their freight and logistics technology stack

Jason VanoverJanuary 26, 2021Freight Market Blog

Busy freight management office

In logistics, many vital processes remain outdated and subject to manual management. Some of the largest enterprises are still using old and obsolete methods and platforms. This leaves shippers, carriers … Read More

SONAR Indices & Insights: Use these indices to build trucking KPIs to optimize fleet utilization

Adam RobinsonJanuary 25, 2021Freight Market Blog

trucking kpis

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 … Read More

How Shippers Can Reduce Network Risk (w/ video)

Scott MallJanuary 25, 2021Freight Market Blog

#WithSONAR

Co-hosts Luke Falasca and Kyle Taylor discuss how shippers can reduce their exposure to volatility in the market on this episode of #WithSONAR.  Falasca and Taylor also discuss how shippers can … Read More

How to price freight loads: carriers that use data price more accurately

Adam RobinsonJanuary 25, 2021Freight Market Blog

freight loads

Today, freight load management is a major trouble area for carriers and logistics managers within the shipping industry. And the overall industry trucking trends imply an absolute need to grow … Read More

[INFOGRAPHIC] Shipping technology: the must-have systems in the shipper tech stack

Jason VanoverJanuary 22, 2021Freight Market Blog, Infographics

(Graphics created by Emily Ricks) The shipper tech stack is continuously expanding, and according to Transportation Impact, “Key to all these new capabilities is data interoperability. Companies need their business-critical … Read More

ReedTMS Logistics uses SONAR to make data-driven decisions

Adam RobinsonJanuary 21, 2021Case Studies, Freight Market Blog

SONAR-ReedTMS-Case-Study-Thumbnail

View the Full Case Study Tampa-based ReedTMS Logistics is a family-owned and operated asset-based third-party logistics provider (3PL) that has been in business for more than 20 years. Combining a … Read More

4 Tips for carriers to maximize fleet asset utilization using data

Adam RobinsonJanuary 21, 2021Freight Market Blog

fleet asset utilization

Are you using your trucking assets as efficiently as possible? Have you taken any steps to increase capacity utilization? Chances are that you answered “yes,” but your attempts to maximize … Read More

Market volatility insight value for shippers

Jason VanoverJanuary 21, 2021Freight Market Blog

truck on desert road

Market volatility remains among the most impactful and essential of all freight analytic data that shippers and carriers need to monitor. Market changes and fluctuation remain constant in logistics, no … Read More

[WHITE PAPER] The 2021 trucking carrier outlook: Planning for asset utilization, pricing and volumes in uncertain times

Adam RobinsonJanuary 20, 2021Freight Market Blog, White Papers

SONAR-WP-2021-Carrier-Outlook-Thumbnail

FreightWaves’ Todd Maiden said it best in early December: “Several analysts have published transportation outlook reports for 2021 that are calling for continued strength in the trucking markets. Some are … Read More

Freight broker tips: Avoiding burnout in sales

Adam RobinsonJanuary 20, 2021Freight Market Blog

freight broker tips

For freight brokers, building a book of business can be a grind. It takes a great deal of resolve and persistence to overcome the daily obstacles. It’s the reason burnout … Read More

Operational trucking costs: how to get more from your fleet

Adam RobinsonJanuary 19, 2021Freight Market Blog

trucking costs

Operational trucking charges and costs are nothing new. They derive from a confluence of factors, including truck industry volatility. While a scorecard of operations, similar to the lane scorecard used … Read More

What is FreightWaves SONAR shipping lane acuity

Jason VanoverJanuary 19, 2021Freight Market Blog

Successful freight management hinges on effective procurement and insight into current market conditions. As the industry settles (to a degree) following the biggest peak season in history, now is the … Read More

[Infographic] The 10 trucking trends among carriers for 2021

Jason VanoverJanuary 15, 2021Freight Market Blog, Infographics

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. As explained by Transport Topics, … Read More

Contract freight rates vs. spot rates: a tech-driven guide

Adam RobinsonJanuary 14, 2021Freight Market Blog

https://sonar.freightwaves.com/freight-market-blog/tender-rejections-white-paper

Finding a balance between spot freight and contract freight remains a top priority for freight managers, shippers, brokers and carriers alike. Each of these companies wants to maximize profitability.  For … Read More

2021 Truck industry disruption factors: how to continue with operational excellence and profitability (part 2)

Jason VanoverJanuary 14, 2021Freight Market Blog

Disruption is the new normal of supply chain management. Everyone knows disruption is coming, and many try to plan carrier freight pricing based on the impacts of disruption. Unfortunately, those … Read More

7 freight broker skills that drive success in freight sales

Kevin HillJanuary 13, 2021Freight Market Blog

freight-broker-skills

The fundamental freight broker skills that lead to success in freight sales are the same skills that lead to success in life. Recently Alex Lieberman, the CEO of Morning Brew, … Read More

Carrier freight pricing guidance: the value of peer, market, & and historical freight invoice data

Adam RobinsonJanuary 12, 2021Freight Market Blog

Take a moment to think about the pitfalls of profitability over the past year. Going back to spring 2020, it’s easy to see where the problems began. According to TruckingInfo, … Read More

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What’s the SONAR ROI?

By increasing the number of loaded miles per day your drivers drive by 1% and your rate per mile by $0.03 you will make more per week #WithSONAR.

#WithSONAR you can save up to per week through better bid negotiations and more effective management of your routing guide.

#WithSonar you can add 1 more load per person each day and increase $5 margin per load, earning your company an extra per week.

Disclaimer: Every company’s circumstances are unique. Fixed and variable expenses, market conditions and operational factors vary. Unforeseen events may also affect results. Calculated potential results reflect the consensus expectation of FreightWaves’ experts. Actual results may vary.

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Read Recent Posts

  • What shippers need to know about how carriers price freight with historic, peer and market data February 25, 2021
  • What enterprise shippers can expect from logistics automation in 2021 February 25, 2021
  • [stackd] How Technology & Data are Creating New Freight Shipping Models February 24, 2021

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