Stress Testing Transportation Forecasts

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The first half of 2020 has been the most significant stress test global supply chains and transportation networks have experienced since War World II. Even the financial crisis of 2008/2009 cannot compare to large swaths of the economy being either forcibly or voluntarily shut down at once to slow the COVID-19 pandemic. The stress tests are likely to continue as the global economy will probably stop and start again, depending on regional infection and transmission levels of COVID-19.

In this white paper, brought to you by Transplace and FreightWaves, we will take an in-depth look at how unlikely events — often described as white or black swan events — are driving supply chain and transportation professionals to seek out real-time alternative data to create a competitive advantage in their operations and finances.

Topics covered in this white paper include:

  • Analysis of black or white swan events
  • How to include black or white swan events in freight forecasts
  • Using alternative data to prepare for unpredictable events