UCW Logistics’ Post

Leveraging data-based intelligence to democratise shipper-carrier relationships #Logistics #SupplyChain #BusinessIntelligence #BusinessManagement

Effectively utilize your resources! By analyzing historical data and demand patterns, our system helps you allocate trucks more effectively, reducing empty miles and increasing revenue. ________________ #WhenEfficiencyMatters #TracxTMS #TransportationSoftware #trucking #supplychain #supplychaintechnology #logistics

If you're not taking a detailed look at your shipment and carrier performance, it's impossible to control shipping costs. As Bobby Russell says in the video, "You might as well be leaving money on the warehouse floor." 💸 That's why we built comprehensive data and reporting right into the MyCarrier platform. It empowers shippers to optimize pricing, negotiate better rates, choose the optimal carriers for their individual needs, and streamline their shipping process. The reporting also provides insight into your operations, highlighting opportunities for cost and time savings in your shipping process. You can see trends and patterns that really matter for your business. Watch Bobby dive into how easy it is to analyze shipment and carrier performance, so you can stop the leaks in your freight spend. 👇 On that note, there are even more insights to come. we're expanding our data and reporting capabilities. Keep an eye out for exciting news within the next few months! 📊 #dataispower #data #shipping #freight #ltl #logistics #manufacturing #warehouse #smallbusinesstips

Reposting an eye-opening article from DAT: "Dry Van Report: The Contract Freight Market Continues to Soften." Gain a deeper understanding of the shifting dynamics in the freight market and stay ahead of the game. Check it out now: https://lnkd.in/gEV3jgQN #LogisticsInsights #FreightMarket

Getting the best freight rates shouldn’t require a crystal ball. Now, you no longer need one. Our latest article shares three strategies for demystifying the truckload rating process. Check it out here: https://lnkd.in/gcBkwjGA At Farelanes LLC, we empower data-driven decision-making, deliver transparent pricing information, and ensure that you have access to THE price rather than just A price. If you’ve been waiting for a clear pricing picture, it’s finally arrived. Learn more here: https://lnkd.in/grXc7aT3 #pricing #trucking #transportation #supplychain #logistics #data

We just released an updated version of MyCarrier last week, and it's been amazing to see our customers discover what it can do for their operations! One of our customer favorites so far is Advanced Analytics. 📊 It empowers shippers with more actionable data than ever before, including: ✅ Shipment Summary. This identifies inefficiencies, reduces transit time, and gives shippers: • The ability to view shipment-by-shipment and overall freight spend over time • A birds-eye view of delivery statuses across all shipments • The data needed to determine when to book your same-day shipments based on pickup history ✅ Lane Analysis. This determines peaks in shipping trends and includes: • The ability to compare transit time by carrier to identify the optimal fit for each lane • Volume, transit times, and customer costs that empower shippers to make informed decisions • An understanding of shipment distribution and opportunities for order consolidation ✅ Carrier Summary. This helps shippers improve carrier relationships and increases efficiency by providing: • An in-depth understanding of carrier market share over time • Opportunities to consolidate carriers with insights into your carrier utilization over time • The ability to identify carrier's optimal pickup days and times for successful dispatches This in-depth data is easily accessible from an intuitive dashboard and empowers shippers of all sizes to optimize freight activity, identify trends, and minimize risks. It's all about having the data needed to pull the right levers! Watch how it works below and click here for more info. 👇 https://lnkd.in/gsvX4Saa #shippingdata #freightanalytics #manufacturing #logistics #supplychain #ltl #freight #shipping

💰 Spot Rates: Are we at a turning point? Truckstop and Bloomberg Intelligence surveyed owner-operators and small fleets, revealing positive trends in the spot market. Here’s a snapshot: Demand Outlook: 68% reported lower volume, but 40% predict stability in the next 3-6 months. Equipment Purchases: Only 14% consider buying tractors due to weak demand. Spot Rates: Rates have potentially bottomed out, with 46% anticipating stability. Carrier Sentiment: Uncertainty remains, with 43% unsure about their status in six months. “We share the sentiments of our customers and hold an optimistic outlook that spot market conditions will improve this year,” said Kendra Tucker, chief executive officer, Truckstop. “Built on top of the most trusted freight network in North America, Truckstop is committed to empowering carriers with our unmatched portfolio of technology solutions they need to run their business in this dynamic landscape.” Learn more about Truckstop's solutions for the freight community here: https://lnkd.in/gWiawWht

It’s time to make your data work harder. That’s the message in our recent article that covers how smart shippers are surviving, plus the three-fold approach that Farelanes LLC uses to deliver vetted, trusted data for the best freight rates: 1️⃣ Real-time data sourcing: Use real-time data based on actual invoices to get an accurate picture of the market at any given time. 2️⃣ Data validation: Ensuring the data is accurate and error-free so that it can form the foundation of a really great service. 3️⃣ Client empowerment: Giving shippers the means to optimize strategies, secure competitive rates, and adapt to market fluctuations to ensure both efficiency and profitability. Read the full article here: https://lnkd.in/gcMF83vR Are you ready to make your data work harder? If so, get in touch with us: https://lnkd.in/gr7G6e-X #pricing #data #trucking #transportation #shipping #trade #supplychain #logistics