As many are predicting another shift in the second half of the year, the co-founder of Sifted has advice for both carriers and shippers moving into 2024.
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One area that carriers have emphasized this year is “ugly freight” – or non-conveyable shipments. These are packages that are hard to put through their automated systems.
Using data to optimize supply chain efficiencies can reduce costs and greenhouse gas emissions.
Parcel data is incredibly complex. Shippers often don’t know how to begin working with this data because it cannot be properly visualized via traditional methods like Excel spreadsheets.
In a constrained market environment like the one seen over the past couple of years, shippers are always looking to cut costs and gain more bargaining power. That makes granular insights more important than ever.
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Even environmentally indifferent consumers want sustainable shipping options
As businesses struggle to keep up with consumers’ growing demand for sustainability, 81% of respondents in a recent survey said companies use excessive packaging when shipping products.
Shippers who have a deep understanding of their data, with access to comprehensive models, are the ones most likely to win in today’s shipping environment.
