Transportation cost analysis: Beyond benchmarking to improve carrier pricing
From a financial standpoint, transportation cost analysis remains focused on determining the value of the resources used to execute a given shipment and goes well beyond benchmarking. The total value of resources, man-hours, construction, equipment, maintenance, fees, and other costs must be accurately estimated for expense prediction to be effective. Without clear budgeting and cost-prediction […]
5 Transportation Data and Insight Reports to Guide Freight Brokers
Global supply chains continue to sway in response to disruptions, unprecedented demands and ongoing digital transformation. More freight brokers are turning to technology and transportation data to grow their businesses by understanding the true freight market rate. As explained by Supply Chain Dive, “Companies like Convoy, Transfix, Uber Freight and Loadsmart use algorithms to match […]
