Photo: Evan Lockridge
Global third-party logistics provider Coyote Logistics has expanded its Dynamic Route Optimization program, which aims to streamline supply chain operations and reduce uncertainty for carriers with optimized weekly routing plans.
Dynamic Route Optimization builds suggested weekly route plans that optimally direct drivers to and from their domicile location by taking numerous parameters into account. Those include drivers’ hours provided by the carrier, load attributes, average load and unload times, market cost, mile per hour bands by region, home base city, and others, layered over Coyote’s open and available loads.
Carriers using the solution receive consistent weekly miles, even in times of volatility, in a range of 2,100 to 2,700. With weekly planning covered, carriers can instead focus on strategically building out their fleets with the assurance of confirmed weekly rates and truckloads, according to Coyote.
In the process, it also supports the reduction of carriers’ carbon footprints by mitigating empty miles.
“Like all carriers, inconsistent load volume, rates and schedule gaps are significant sources of stress that are exacerbated by market volatility,” said Eric Lewis, VP of Operations at Ed Lewis Trucking, a 70-truck fleet headquartered in Louisville, Illinois. “Dynamic Route Optimization from Coyote has helped us remove uncertainty from our weekly operations by strategically stringing shipments together so we can keep our fleet full and moving, while providing our drivers the amount of miles per week they were promised.”
Florida-based FSR Trucking, which hauls for the U.S. Postal Service, UPS, and Amazon Logistics, C.H. Robinson and others, began using Dynamic Route Optimization with Coyote before the COVID-19 pandemic struck. “Despite being a time of disruption for the supply chain, it offered us the consistency and reliability we needed to combat market volatility and the stress drivers experience during economic uncertainty,” said FSR Vice President Joey Riceputo.
Original Source: https://www.truckinginfo.com/10121263/coyote-offers-optimized-routing-for-carriers