Kaizen every day

Kaizen every day

Running to standard Whenever there is a problem, we should always first ask the question: Are we running to standard? Often the issue is that we’ve not followed the standard and we simply aren’t doing what we ought to be doing. It can be hard to admit to ourselves that we’ve merely been human and…

A freight market turnaround in 2024?

A freight market turnaround in 2024?

Tender rejection data in the FreightWaves SONAR data platform shows that the freight market bottomed on May 14. Since then, conditions for carriers have slowly been improving. SONAR’s outbound tender rejection index (OTRI) tracks the balance of supply and demand in trucking by measuring the percentage of truckload freight that is rejected. In trucking, supply…

Supply Chain: 2023 So Far in 10 Data Points

Supply Chain: 2023 So Far in 10 Data Points

Our core scenario is that 2023 is the year that supply chains return to normal and companies turn to long-term supply chain strategies. We identify 10 data points that show supply chains mostly returning to normal, though there are notable areas of concern. We also flag what’s next for each measure.  Excerpt from the beginning…