The Roadmap to Driverless Freight Trucks
Autonomous trucking has been at the top of freight industry innovation polls for the past few years. But as of 2019, driverless trucks still aren’t ubiquitous. The groundwork is undeniably laid, however — especially with recent guidance from the United States Department of Transportation (DOT). In a 70-page document, the DOT provided clarification on existing legislation [...]
Electric Vehicles Are Powering Change in the Freight Industry
The trucking industry is ripe for disruption. It’s no secret that electric vehicles are the next big innovation, but when will we see them? More importantly, what forces are driving them to market? What types of change will they herald when they get here? There’s a lot riding on electric trucks, which is why we might [...]
Types of Freight Contracts and How to Manage Them More Effectively
Freight contracts are a cornerstone for your entire procurement process. The rates and terms outlined within them dictate everything from the price you pay to move product to the effect it has on your bottom line. The more contracts you have, the harder they are to manage. It’s ideal to have a system in place that [...]
In order to scale, tech solutions need to be adaptive
Overall supply chain and logistics tech spending will rise to $87.8 billion over the next three years. That’s according to new research from Logistics Trends & Insights, LLC and American Global Logistics (AGL). The study shows that U.S. companies will spend more than $2.5 billion in disruptive logistics and supply chain technologies by 2022. The report, “Supply Chain Technology Investment [...]
Drive costs lower by building and utilizing a routing guide
It is said that moving freight is all about relationships. If that is true, what value does a routing guide provide? A great deal, it turns out. Routing guides are essential documents that provide a list of carriers approved to move loads. A routing guide is more than just a list of carriers, though, it is a living document that [...]
How a TMS can drive inefficiency out of your operation
Technology has been instrumental in ushering operational efficiency across large swathes of the freight hauling space, utilizing data in ways that were virtually unheard of a decade before. Data analytics and machine learning have impacted the industry in several ways, identifying inefficiencies within processes and providing insights to foster frictionless freight movement. Nonetheless, industry fragmentation has made it difficult for [...]