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Industry Articles – Page 28 – DFM DATA CORP.

Industry Articles

Mayday, mayday! A tale of two sides of a dispute over spot rates

Article written by Cliff Abbott Trucks lined Constitution Avenue in Washington, D.C., for 20 days in protest of low spot rates. (Courtesy: Diego HZ) Frustration over spot freight rates bottoming out due to the COVID-19 pandemic drew more than 100 small-business owner-operators to Washington, D.C., for a “May Day” protest that lasted for three weeks. …

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How machine learning improves the efficiency of freight operations

Article written by John Paul Hampstead Machine learning is now ‘pervasive’ in Convoy’s operations. Just a few years ago, the state of the art in freight brokerage technology was software-assisted pricing and matching. A simple tool might take a base rate for a certain origin-destination pair and add a seasonality modifier based on historical data, …

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Trucking Trends: 3 Freight Trends to Watch this Fourth of July

Article written by Dean Croke Spot rates for truckload van and refrigerated freight gained steam during the month of June as jurisdictions eased shopping restrictions and retailers looked to move goods ahead of the Fourth of July holiday. The national average van load-to-truck ratio, a measure of demand for carrier services, averaged almost 3.0 during …

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A Trucking Company You Never Heard of Just Borrowed Money From the Government. Why Its Stock Has Doubled.

Article written by Al Root Photograph by Spencer Platt/Getty Images Trucking company YRC Worldwide shares are up 130% in premarket trading after getting a huge loan from the government. The move illustrates some important financial math. More important, it shows that it pays to have friends in high places. “We would like to thank Congress for passing the CARES Act and …

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Convoy and KeepTruckin Partner on Freight Visibility Integration

Partnership includes substantial discounts to carriers in Convoy’s network on ELDs and Fleet Management Technology SEATTLE–(BUSINESS WIRE)–Convoy, the nation’s most efficient digital freight network, and KeepTruckin, the leader in fleet management technology, today announced a new technology partnership to help carriers simplify daily tasks and grow their businesses. Convoy will integrate with KeepTruckin’s freight visibility API …

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Loadsmart Provides Instant Truckload Spot Quotes in Kuebix

MAYNARD, Mass., June 30, 2020 (GLOBE NEWSWIRE) — Kuebix, a Trimble Company, and leading transportation management system (TMS) provider and creator of the Kuebix shipping community, and Loadsmart, a digital freight technology company, today announced that every shipper in Kuebix can now receive real-time Loadsmart spot quotes on truckload shipments. The collaboration builds upon Kuebix’s current API integration …

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DHL’s digital road freight platform Saloodo! makes inroad into Angola

DHL Global Forwarding, the leading international provider of air, sea and road freight services has launched its digital road freight platform Saloodo! in Angola, to connect shippers and transport providers. This marks the first time an international digital road freight platform is made available in the country that will cater to the road transportation needs of …

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Trailer Locating App

Cargo Transporters has introduced two new features for its driveCT mobile app for drivers that address trailer locating and online safety training. Cargo Transporters Inc. has introduced two new features for its driveCT mobile app for drivers. The additions address two important areas identified by drivers: trailer locating and online (remote) safety training. The driveCT …

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Building a digitally anti-fragile supply chain to deal with disruptions

The Coronavirus pandemic is causing labour shortages, travel restrictions, and significant disruption to businesses and global supply chains. But even if we manage to bring Coronavirus under control, living in a globalised world means that the next disruption is always just around the corner. Astrata, a provider of enterprise management software and advanced location-based IT services …

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Digitalization Is Upending Global Logistics, Now Augmented By Covid-19’s Social Distancing Imperative

Article written by Harry G. Broadman Asia’s first fully automated container terminal at Qingdao, China. VISUAL CHINA GROUP VIA GETTY IMAGES It is widely believed the major economic fallout from the Covid-19 pandemic is that the era of globalization has run its course. That is a myth. If anything, the seizing up of international markets …

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