Freight data

Venture 53 invests in Heale Labs’ tokenization technology

Heale Labs announced Thursday it has received a seed investment from the supply chain technology fund Venture 53 as the company continues its work to standardize industry data. Terms of the funding were not disclosed.

“Heale solves some of the thorniest issues in supply chain and logistics. With unparalleled data accuracy and real-time connectivity, we’re introducing a new era of efficiency, reliability and profitability in global supply chains,” said founder Todd Haselhorst.

To understand what...

https://www.freightwaves.com/news/venture-53-invests-in-heale-labs-tokenization-technology

Loaded and Rolling: Trucking and CPG sales, White House freight data exchange

Truck drivers as a driver of CPG sales
(Photo: Jim Allen/FreightWaves)

I was recently  tasked with filling in as a temporary expert for The Stockout newsletter. It turns out that drivers are conveniently placed at truck stops that offer a litany of consumer packaged goods. Can you name one sector that has outperformed the S&P 500 by about 3,100 basis points (bps) year to date? It turns out the convenience store (C-store) industry is that sector. This sector for CPG is noted as a less...

https://www.freightwaves.com/news/loaded-and-rolling-trucking-and-cpg-sales-white-house-freight-data-exchange

F3 demo: FreightWaves’ SONAR SCI provides valuable lane data

FreightWaves experts demonstrate SONAR SCI.

FreightWaves demonstrated its SONAR Supply Chain Intelligence (SCI) tool during the F3 Virtual Experience on Thursday.

SONAR SCI was launched in 2020 and updated in June. The update added an “Opportunity View,” which shows users the low-hanging fruit opportunities to reduce spending and risks.

This tool merges SONAR data and customer data so companies can understand where they rank compared to competitors in the market, explained Travis Rhyan, chief product officer at FreightWaves.

Companies can...

https://www.freightwaves.com/news/f3-demo-freightwaves-sonar-sci-provides-valuable-lane-data

Crucial economic data for freight — Great Quarter, Guys

Great Quarter Guys 11/17

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Andrew Cox has a special guest filling in for Seth Holm on this episode of Great Quarter, Guys. FreightWaves Lead Economist Anthony Smith joins the show to help discuss what could be a hot summer for freight markets. 

FreightWaves Market Expert Zach Strickland said he thinks this summer could be one of the hottest yet for markets following a year of volatility and a spring that has not cooled the market down. 

Cox and Smith debate this assertion and back it up with SONAR...

https://www.freightwaves.com/news/crucial-economic-data-for-freight-great-quarter-guys

The big data dump — Freightonomics

What points drive decision-making in freight

Deciphering freight data can be a daunting task and understanding the application of data points is tricky. This episode of Freightonomics is dedicated to making sense of the numbers and the story they tell about the current state of the market. 

Anthony Smith and Zach Strickland start off their discussion by talking rate increases from maritime carriers and LTL businesses like Forward Air. Strickland says rate increases are cyclical for LTL carriers...

https://www.freightwaves.com/news/the-big-data-dump-freightonomics

DOT rolls out National Freight Strategic Plan

The U.S. Department of Transportation (DOT) on Thursday unveiled for the first time a national freight transportation strategy that aims to guide national freight policy and investment and provide a framework for better multimodal coordination.

The National Freight Strategic Plan, required under the 2015 Fast Act (which expires at the end of September), received 82 comments from state agencies, associations and private companies following a “request for information” issued late last year.

“This...

https://www.freightwaves.com/news/dot-rolls-out-national-freight-strategic-plan

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