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Using Freight Audit Data to Stay Strategic on Spot Bids

Intelligent Audit

Freight audit and payment protocols have long been an essential service for shippers in competitive markets. Predictive planning and analysis are crucial to avoiding overpayment and freight rates and fees surprises. This is why freight invoice audit services and actionable intelligence are essential, mainly when focusing on spot bids.

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What’s Next for a Bubbling Freight Market?

Zipline Logistics

Despite a pandemic that has disrupted many parts of the global supply chain, the freight market has been on a recent tear. Based on a few reliable indicators, the market is superseding the booming conditions of 2018. Current outbound tender volume is up 34 percent over 2019 and 38 percent over 2018 in year-over-year comparisons.

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Trucking Market Q1 Update and 2022 Freight Outlook

Zipline Logistics

For the second consecutive four-quarter period, the freight market faced continual capacity challenges as the global supply chain wrestled with the effects of the COVID-19 outbreak. Will these forces continue to play a part in the freight market in the coming year? Consumption Drives Freight Market Growth. percent in November.”

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The Transportation Industry Report: Winter 2018-2019

Freight Plus

The report’s author, Donald Broughton, noted that this was “still very impressive given the tougher comparison.”. With 11 out of 12 months of the year reported, the Cass report indicates that the realized contract pricing forecast for 2018 of 6 – 12% is “essentially in the books.”. annually in November but was down 0.5% Intermodal.

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Worker Shortages and More Pose a Challenge to Freight Companies

Elementum

But issues surrounding labor and rising fuel prices pose real threats to the freight industry. range throughout 2018. For comparison, in 2016, diesel fuel prices were just US $2.14 Technology Comes to the Aid of Freight Companies. per gallon. A number of companies have come up with their own ways to improve efficiency.

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Worker Shortages and More Pose a Challenge to Freight Companies

Elementum

But issues surrounding labor and rising fuel prices pose real threats to the freight industry. range throughout 2018. For comparison, in 2016, diesel fuel prices were just US $2.14 Technology Comes to the Aid of Freight Companies. per gallon. A number of companies have come up with their own ways to improve efficiency.

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Top 10 markets for freight in 2018

DAT Solutions

That'd be 2018. The surge in truckload demand led to record-high rates last year , as freight brokers and shippers routinely had trouble securing capacity. For comparison, there were 161 million loads posted on the DAT Load Board in 2017. Above were the top 10 markets for outbound dry van, refrigerated van and flatbed freight.

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