FreightWaves features commentary from Market Voices – contributors with unique knowledge of numerous transportation/logistics/supply chain sectors, as well as other critical expertise. In the Stone Age of transportation brokerage – the 1980s – technological innovations came in the form of new equipment purchases in an effort to speed up transactions. This might be a second …
As freight brokerages look to leverage technologies, automate grunt work, and streamline operations, we hear references such as “Buying ‘digital freight matching’.” Unfortunately, this reference to ‘digital freight matching’ as a ‘product’ is too simplistic. Because every freight brokerage has a different mix of fulfillment opportunities, and each load opportunity has unique requirements, challenges, and …
Cart Before the Horse: Digital Freight Matching, A.I. and Machine Learning for Freight 5/8/2019 Strategy and Innovation Technology Technologies are assisting to automate tasks that require lots of repetition and grunt work, allowing people to focus on tasks that require a human touch. In the case of brokerages, it would be impossible for their carrier …
Cart Before the Horse: Digital Freight Matching, A.I. and Machine Learning for Freight – Read More »
McLeod Software announced the latest 18.2 version of LoadMaster and PowerBroker with new ERP functionality for truckload carriers, LTL carriers, brokers and 3PLs fall in these areas: Detention management Version 18.2 of LoadMaster, for motor carriers, has an improved Detention Management module that automatically warns a customer of potential detention problems before they happen. This …
Increasingly, the trends in transportation technology are being driven by e-commerce and the “Amazon Effect.” Transportation companies are investing in new IT systems to fulfill orders with compressed lead times and higher service requirements. AFN Logistics, a Chicago-based 3PL that specializes in supply chain fulfillment for major retailers, is using technology to thrive in the …
It’s a good time for 3PLs when capacity is tight and supply chains are speeding up. The global third-party logistics market is on track to exceed $1.1 trillion in 2022. That’s 10 percent of global logistics costs, according to consultants Armstrong & Associates, and a leap from the $802 billion recorded in 2016. Armstrong …
Chaos is good for third-party logistics providers – FreightWaves – Chris Dupin Read More »
Transport Pro, a Web-based transportation management system for trucking and third-party logistics companies, has a new partnership with Parade, a freight brokerage technology provider. The partnership combines Parade’s AI-powered carrier management system with Transport Pro as a digital carrier sourcing platform to give brokers access to automation technology at an affordable price point, the companies …
