There’s an old adage in the tech industry: adapt or die. The same could be said for today’s freight brokerage industry, which is undergoing disruptive change unlike any seen in recent memory. Both scope and speed of change are challenging today’s brokers to effectively adapt, but what is the path to success? What decisions do […]
March 2019
Today, the technology of blockchain has gained a firm foothold in the logistics and supply chain industry. Several blockchain pilot programs have been initiated across the ecosystem by companies that are looking to improve transparency and visibility in their supply chains – a sign of healthy cynicism to have front-row seats on the blockchain bandwagon.
The current state of the logistics and freight transportation sectors have shown us, in recent years, when it comes to the myriad things shippers need to do, in order to adapt, survive, and thrive, there is no shortage of tasks that are need to stay on top of things. We all know many of these
XPO Logistics Inc. Faced with a challenging freight business environment and growing e-commerce, XPO Logistics Inc. said it will add two new technology platforms, a cloud-based marketplace in Europe and a labor-productivity tracking system in at least 200 warehouses. The goal is to maximize decision-making, enhance customer options and insert efficiencies into every transaction, using
In the not-so-distant future, matching loads with trucks could be as easy as catching a ride across town with the Uber app. In fact, Uber Freight is among a number of technology companies trying to digitize the entire load matching process. For most transportation companies, however, the road to automation is a work in progress. A sign
Trucker Tools, a provider of shipment visibility, carrier capacity management and predictive freight-matching applications, announced that Leonard’s Express, a Farmington, NY-based transportation services company, has adopted Trucker Tools’ Smart Capacity and Load Track products. Leonard’s Express provides asset- and non-asset-based freight transportation and logistics services with a nationwide network of offices and personnel. “We adopted
Logistics Management’s Jeff Berman recently caught up with UPS Freight President Rich McArdle on a wide variety of topics, including LTL pricing, regulations, and what needs to happen to improve transportation infrastructure. A transcript of their conversation follows below. Logistics Management: How do you view the general state of the freight economy as it relates
The business consulting firm Frost & Sullivan released the results of its new study of trucking-as-a-service (TaaS) and digital freight brokerage this week. From an estimated current size of $11.2 billion, Frost & Sullivan expects TaaS to grow to $79.4 billion by 2025. Digital freight brokerage will account for the lion’s share of this market—Frost
VANCOUVER, B.C., March 01, 2019 (GLOBE NEWSWIRE) — LiteLink Technologies Inc. (CSE:LLT) (OTC:LLNKF) (“LiteLink”), a key player Logistics & Payment Systems with Artificial Intelligence is opening their flagship digital payments division through one of its wholly-owned subsidiaries. uBUCK Technologies SEZC (“uBUCK Tech”) will be located in Tech City Cayman, a special economic zone by Cayman