dynamic pricing

Integration allows Ditat TMS carriers to more easily find loads

With competition among motor carriers steep as ever, gaining the attention of shippers and winning loads requires diversification. Carriers are leveraging all options available to them, capitalizing on both their annual contracts and the spot market to keep their trucks full and moving.

While the capacity surplus seems to show signs of easing, the need to outpace the competition and win loads in their desired lanes will remain a top priority even as the market shifts.

For shippers, predicting...

https://www.freightwaves.com/news/integration-allows-ditat-tms-carriers-to-more-easily-find-loads

What is dynamic LTL pricing?

Dynamic pricing models change to reflect excess capacity as well as shortfalls.

Pricing in the less-than-truckload industry is evolving from annual RFPs and static tariffs to a more fluid approach, which includes dynamic pricing.

Historically, the industry has worked off base rates and in-house models to best account for trailer space occupied, time spent at pickup and delivery sites and handling costs on the docks. Risks like injury to drivers and costs stemming from potential cargo claims are also factored. Rates are generated based on assumptions and averages, often...

https://www.freightwaves.com/news/what-is-dynamic-ltl-pricing

Qatar Airways to offer capacity through WebCargo digital platform

A Qatar Airways Cargo jet, beige on top and white on bottom parked on a sunny day.

Qatar Airways, the world’s second-largest cargo airline, has signed onto WebCargo’s digital freight marketplace, which gives freight forwarders the ability to quickly compare live rates and capacity, and electronically book shipments.

Logistics companies in France, Germany, Italy, the Netherlands, South Africa and Spain will be able to access Qatar’s real-time supply and instantly make cargo reservations beginning Feb. 7, the companies announced Wednesday.

As part of the launch, Qatar Airways...

https://www.freightwaves.com/news/qatar-airways-to-offer-capacity-through-webcargo-digital-platform

Commentary: Applying AI to decision-making in shipping and commodities markets

The views expressed here are solely those of the author and do not necessarily represent the views of FreightWaves or its affiliates. 

In this installment of the AI in Supply Chain series (#AIinSupplyChain), we explore the topic of decision-making in the shipping and commodities markets.

Before we proceed, it is important to note four characteristics of the freight shipping industry that were highlighted by Roar Adland, a professor of shipping economics at the Norwegian School of Economics. In an

https://s29755.pcdn.co/news/commentary-applying-ai-to-commercial-decision-making-in-shipping-and-commodities-markets

Uber Freight integration offers shippers rideshare-level simplicity

Uber Freight Blue Yonder
  • Bill Driegert, Uber Freight co-founder and head of operations: “You get a price, hit a button and execute.”

Uber Freight is partnering with AI supply chain services vendor Blue Yonder on a carrier marketplace offering that will allow the digital freight brokerage to access more demand from the software provider’s TMS user base.

The solution, which functions as a dynamic pricing offering, provides both instant quoting of...

https://www.freightwaves.com/news/uber-freight-integration-offers-shippers-rideshare-level-simplicity