On Black Friday, Morgan Stanley released a 50-page research paper called “Blockchain in Freight Transportation: Early Days Yet but Worth the Hype.” Morgan Stanley expects that blockchain-enabled smart contracts will be widely available for commercial use in 2018 (see: Blockchain in Transport Alliance), with more sophisticated applications coming out in 2020. Morgan Stanley believes the […]
Earlier this year, I set about trying to figure out what the heck blockchain actually was and why everyone was talking about it. Because it’s not going away. And apparently Morgan Stanley agrees. In a recently released report titled “Blockchain in Freight Transportation: Early Days Yet but Worth the Hype”, the research foundation discusses the idea that blockchain
The-commerce giant has launched an app that will make deliveries from its Amazon fulfillment centers more efficient allowing truck drivers get in and out of warehouses faster, permitting them to check in with a QR code instead of badging in through security. Amazon Relay, quietly launched last month and first reported by CNBC, saves truck
Think about it. Truck brokerages used to have these “little black books” filled with the contact names and numbers of independent drivers who were scattered throughout the country. When the brokerage needed a driver to haul a load across the U.S., it flipped through its black book and found one who was ready, willing, and
In these days of ever-increasing technological innovation, the advances being made in logistics and supply chain are certainly gaining the attention of the Silicon Valley elite. And perhaps nowhere is that more apparent than in the proliferation of app-based – or on-demand – trucking providers, a quickly emerging area that’s receiving a significant amount of
In these days of ever-increasing technological innovation, the advances being made in logistics and supply chain are certainly gaining the attention of the Silicon Valley elite. And perhaps nowhere is that more apparent than in the proliferation of app-based—or on-demand—trucking providers, a quickly emerging area that’s receiving a significant amount of attention and investment. While
Some 28% of all miles driven by trucks in England are empty. ( Photo: Shutterstock ) The process of matching freight is complicated – with many parameters involved in exploring thousands of different possible combinations in real time and in identifying the best possible match to the parties involved. TGMatrix, a startup based out of
Electric mobility and connected trucks may be the two most prominent trends, but Sandeep Kar, chief strategy officer at Fleet Complete, says they fall short of being “the next big thing.” “The next big thing is what governs the most fundamental relationship between shippers and carriers: the trade transaction,” he says. “Autonomy, [and] electric mobility
As a complete overhaul of U.S. infrastructure looms, private investment in once far-fetched ideas and alternative technologies like Hyperloop might be the freight industry’s best chance at revamping outdated and overworked transportation assets. Much of the policy discussion underlying the 2016 U.S. presidential campaign can be traced to a single issue: jobs. While this
Electronic data interchange (EDI) is engrained in the transportation industry. “Every time someone comes up with the killer idea that is going to kill or replace EDI, it never has. EDI continues to survive and thrive,” says Ken Craig, vice president of special projects for McLeod Software. Photo credit: Load Delivered EDI protocols enable shippers,