Redwood Logistics and FreightWaves Accomplice to Ship Highly effective OTM and SONAR Integration

Redwood Logistics (Redwood), one of many fastest-growing provide chain and logistics firms in North America, right now introduced FreightWaves, the main supplier of high-frequency information for the worldwide provide chain, has chosen Redwood as their integration accomplice between Oracle OTM (Oracle Transportation Administration) and FreightWaves’ SONAR freight information intelligence platform. Powered by RedwoodConnect™, Redwood’s proprietary integration platform, OTM customers can now embed SONAR information instantly into their consumer workflow to reinforce resolution making on the level of service gives and tendering.

“Redwood’s standing as an Oracle Gold Accomplice positioned them as a robust accomplice for FreightWaves as a result of they’ve the implementation, integration and customization expertise with massive TMSs crucial to offer probably the most worth to shippers and logistics service suppliers and to scale SONAR’s attain,” defined Amy Hart Philips, SVP of Strategic Partnerships and Execution, FreightWaves.

SONAR’s TRAC (Trusted Charge Evaluation Consortium) information and market intelligence have primarily been utilized by analysts and different particular person customers within the FreightWaves SONAR SaaS providing and its suite of API options. This new integration places the data within the arms of TMS end-users, operations managers and logistics analysts. When customers are tendering an order or cargo, they’ll examine their contract and spot service charges with present market traits in real-time. Storing SONAR lane intelligence information alongside order and cargo information in OTM unlocks new avenues for post-analysis and steady enchancment.

Past charge benchmarking, customers can faucet into further information evaluation from FreightWaves, together with the Outbound Tender Rejection Index, Outbound Tender Quantity Index, Lane Capability Rating and extra.

“Shippers now not must sift by pages of knowledge throughout a number of screens. All the data wanted to fortify charge negotiations is in a single level of reality,” stated Eric Rempel, Chief Innovation Officer, Redwood. “By leveraging Redwood and FreightWaves SONAR, OTM clients have entry to a cheat sheet of actionable information and market info to barter with. It’s like taking part in poker, however you’ll be able to see all the opposite gamers’ playing cards.”

Present Oracle OTM clients can join with FreightWaves SONAR by following a easy integration playbook. The streamlined onboarding and configuration course of permit customers to start leveraging the combination and securing higher charges rapidly.

Any Oracle OTM buyer all for including SONAR information to their atmosphere ought to contact the FreightWaves SONAR crew at sonar.freightwaves.com/contact.

Redwood SVP of Options Engineering Dan Gordon and FreightWaves Chief Income Officer Geoff Lochausen may also share extra in regards to the OTM and SONAR integration powered by RedwoodConnect at FreightWaves’ “The Way forward for Provide Chain” convention throughout a hearth chat on June 22 at 2:30 p.m. EDT.