Technology can help shippers navigate uncertain freight environment

The pandemic has made planning for 2021 extremely difficult for businesses, and shippers are no different. As they look to lock in capacity and rates for next year, several unanswered questions are complicating the process:

  1. Are we in a freight peak?
  2. Is COVID-19 driving rates artificially higher?
  3. Is this the new normal for freight rates?

Management from some of the nation’s largest truckload carriers spoke recently during the Stephens Annual Investment Conference, and the conclusion they have...

https://s29755.pcdn.co/news/technology-can-help-shippers-navigate-uncertain-freight-environment

In unpredictable times, technology makes all the difference

white truck on highway

Nearly every shipper has been impacted in 2020 in one way or another. Some, like those dealing in essential goods, have seen business boom. Others have been forced to sit idly by hoping the economy turns around and their goods are suddenly in demand again.

Whichever end of the spectrum you sit on, there is one thing that defines 2020: unpredictability.

The COVID-19 pandemic has brought great uncertainty to the freight markets, with some companies thriving and others struggling. An IBM Institute...

https://s29755.pcdn.co/news/in-unpredictable-times-technology-makes-all-the-difference