Emerge’s Post

Retailers face constant pressure to meet customer demands, manage inventory efficiently, and ensure timely deliveries—all while keeping costs under control. Enter AI, a game-changer in supply chain management, especially in full truckload freight procurement. By leveraging AI, retailers can: • Optimize route planning • Improve demand forecasting • Automate routine tasks • Gain real-time shipment insights Dive into our latest blog to explore how AI is revolutionizing supply chains, highlighting its significant benefits and practical applications in freight procurement. Discover the future of efficient and effective supply chain management.

We're observing some compelling trends on the Emerge platform: 📈 RFP Activity Surge: • Large-scale bids surged by 30% in June compared to the past year's average. • This uptick reflects efforts to replace underperforming carriers or those demanding price hikes, possibly in anticipation of a market correction. 📊 Spot RPM Recovery: • Average Line Haul RPM exceeded $2/mi for the first time since January. • Outbound California Line Haul RPM also crossed the $2/mi mark for the first time in 2024. • Sequential weekly growth in average Line Haul RPM for the past 7 weeks indicates a steady recovery. 🔍 Recommendations: • Double Down on Service: Strengthen your service quality to stand out. • Focus on Cost Discipline: Keep a tight rein on expenses. • Prep Strategic Partnerships: Ensure your partnerships are ready for Q3 and beyond. • Validate Technology Flexibility: Make sure your tech can handle potential volatility. Ready to future-proof your logistics strategy? Connect with us to discover how Emerge can be your tech solution and help you prepare for what's ahead. Request a demo here: https://lnkd.in/gppdCEmv.. #SupplyChain #Logistics #MarketTrends #EmergeInsights

Advanced technology platforms are transforming logistics network optimization. Data analytics, machine learning, and AI provide actionable insights for better decision-making, enhancing efficiency and responsiveness. Tech Solutions: Data Analytics: Identifies inefficiencies and predicts trends. Machine Learning: Forecasts demand and optimizes routes. AI: Automates tasks and enhances operational efficiency. A freight procurement platform is essential for visibility, control, and cost savings, facilitating better collaboration with carriers and risk management. Shippers, stay ahead by embracing these technologies to navigate the complexities of supply chain management and drive operational excellence.

How a Pharmaceutical Shipper Saved $852,000 on Their RFP and Experienced 99% On-Time Deliveries with Emerge. Experience the transformative power of Asset-Based Carriers in your procurement process. Our Premier Carriers on the Emerge network boast extensive expertise in managing complex procurement operations, with a robust network of trucks and drop trailers ready to handle both spot and contract freight needs. Discover how shippers leverage the Emerge platform to connect with these carriers and achieve remarkable results. Download our latest whitepaper to see how Emerge can elevate your procurement strategy and drive exceptional outcomes. >> https://lnkd.in/gDMnEN5Q

Market dynamics, like changes in outbound tender market share, significantly impact carrier capacity and pricing strategies. Large shippers often dominate the market, leading to challenges for smaller shippers in securing capacity and managing costs. Impacts: • Increased competition for carrier capacity • Higher rejection rates for smaller shippers • Elevated freight rates Understanding these dynamics is crucial for developing resilient and adaptable logistics strategies. By leveraging data analytics and key indices like OTVI and FTRI, procurement professionals can navigate market complexities effectively. Discover strategies for optimizing procurement processes and maintaining competitive freight rates in our latest blog post.

As the transport industry shifts, asset-based carriers are emerging as a powerful force, offering unmatched control and reliability. With advancements in technology and a focus on transparency, these carriers are meeting the demands of modern shippers like never before. In our latest blog, we explore how asset-based carriers are transforming the logistics landscape and why businesses are rethinking their transportation strategies. Learn how these carriers provide tailored solutions and superior service. #blog

For shippers, understanding market shifts is crucial for making informed procurement decisions. Key metrics like the Outbound Tender Volume Index (OTVI) and the FreightWaves Tender Rejection Index (FTRI) offer valuable insights into shipping demand and carrier availability. Key Metrics: OTVI: Measures outbound freight tender requests, reflecting shipping demand. FTRI: Shows the percentage of rejected tender requests, indicating market tightness and carrier capacity. Together, these indices help procurement professionals anticipate market fluctuations, adjust strategies, and make data-driven decisions. Stay ahead by exploring how changes in outbound tender market share affect carrier networks and impact procurement decisions. Read more about leveraging these insights to optimize your logistics operations in our latest blog post. #blog

We are thrilled to announce that Emerge has been recognized as a 2024 "Top Food Chain Technology" by Food Chain Digest, the official magazine of Food Shippers of America. This award highlights our dedication to revolutionizing the food shipping industry through innovative and effective procurement solutions. Thank you Food Chain Digest for this recognition and congrats to the other companies who made the list! Read our full release here: https://lnkd.in/g5TyRG3s #FoodShippersOfAmerica