Freight Forecasting host Michael Vincent is joined by Matt Pyatt, CEO of Arrive Logistics. Michael and Matt have a discussion about data-driven decision-making. They focus on carrier relations and management from a third-party logistics provider (3PL) perspective.
They also discuss how various SONAR indices can generate a positive impact on broker/carrier relations, can provide a win/win partnership. Among the indices they cover are the Outbound Tender Volume Index (OTVI), Outbound Tender Rejection Index (OTRI), Inbound Tender Volume Index (ITVI), which are among the most used SONAR indices. Spot market rates can be tracked/anticipated using SONAR. In addition, using SONAR’s Market Table and Heat maps (3D) can be used to match power lanes and preferences of a 3PL’s carrier base.
Arrive Logistics is an innovative, high-growth 3PL focused on creating real relationships and unique solutions for both shippers and carriers. As CEO, Pyatt is responsible for the financial health, strategic vision and company culture of Arrive, as well as building out a scalable leadership team. As CEO, he has helped take the company from the start-up stage to a mature, successful brokerage of over 1,000 employees in three different offices while garnering nationwide recognition as one of the top places to work.
Pyatt co-founded Arrive in 2014 with company President Eric Dunigan, leveraging his serial entrepreneurial background and data-driven mindset to build a team ready to take on a changing market. He attributes Arrive’s momentum to its highly trained and ambitious workforce, who deliver a superior brokerage experience to transportation partners.
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