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. …
Last year, about 20 of the nation’s largest shippers, who represent $20 billion in annual freight spend, came to Chicago for a customer advisory board meeting with FourKites. More than 200 of the largest Fortune 1000 shippers use FourKites for shipment tracking, analytics and other applications. The company’s freight visibility platform integrates with the ELD …
Transport Pro, a web-based transportation management software provider, has a new freight tracking service called Load Beacon. Transport Pro subscribers are non-asset transportation and logistics providers. With the new in-house freight tracking service, its freight brokerage customers can share freight visibility from the Transport Pro TMS platform directly with shippers and freight managers. Many brokers …
Managing containers is a recurring challenge for trucking and third-party logistics firms that have freight forwarding and intermodal operations. One challenge is getting containers into the country from factories in China where most are being produced. One alternative to paying for the transportation of empty containers is to use an online marketplace to find transporters …
The final session of Demo Day on Tuesday at FreightWaves’ Transparency18 conference in Atlanta did not disappoint, building on the success of the first three sessions and closing out the day, which ended with a BBQ sponsored by Triumph and a performance from the Emerald City band for attendees. Demo Day featured 4 sessions of …
Demo Session 4: Tracking and managing cargo, assets – FreightWaves – Brian Straight Read More »
The trucking industry is at an exciting but confusing point when it comes to digital load-matching technology and shippers will be brought along for the ride. A few years ago, the domestic truckload market was seen as a logical place for the sharing economy to take hold. The theory went something like this: The …
Sometimes a buzzword gets so overhyped that it deserves some light-hearted mockery. That seems to be the case with “blockchain.” While it’s true that not every industry can benefit from a distributed-ledger technology, the trucking industry most certainly can. In fact, a new consortium called the Blockchain in Transport Alliance (BiTA) is working to apply blockchain to …
In 2018, the pressures on truck capacity picked up right where they left off. Spot market rates climbed to record levels in December 2017, according to the DAT Freight Index. DAT Solutions also reported nine loads were available for every truck in its network — its highest monthly average in history. Smart Capacity is a …
Capacity crunch breeds new freight matching tech – CCJ – Aaron Huff| @AaronHuffCCJ Read More »
Blockchain is the latest buzzword in transportation and logistics, but how and when this “digital ledger” technology will make an impact remains to be seen. Perhaps the most anticipated benefit of the technology for carriers is to create smart contracts with shippers to have self-executing freight transactions. With a smart contract, the different …
Will blockchain extend or disrupt your business? – CCJ – Aaron Huff| @AaronHuffCCJ Read More »
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 …
