White Paper: Everyone Pays for OS&D Uncertainty

Logistics companies pay for OS&D (overages, shortages and damages) on a regular basis— but most suspect they’re not at fault for up to 70-90% of claims they pay. 

Kargo, in partnership with FreightWaves, surveyed more than 300 shippers, carriers and 3PLs to discover the real costs and causes of OS&D uncertainty. We look at monthly expenditures, resolution attempts, and how emerging tech can prove once and for all who should really pay. 

Get the full report now.

The post White Paper: Everyone Pays...

https://www.freightwaves.com/news/white-paper-everyone-pays-for-osd-uncertainty

The Daily Dash: C.R. England strikes back; XPO bullish on 2021

The Daily Dash is a quick look at what is happening in the freight ecosystem. In today’s edition, C.R. England, one of the carriers targeted in a staged-accident scheme, is suing the law firm involved. Plus, XPO thinks 2021 is only going to get better, and Forward Air makes an acquisition and a divestiture.

C.R. England fighting back

Truckload carrier C.R. England, the company that court records suggest paid out the greatest amount of money in the Louisiana staged-accident scandal, is fighting...

https://s29755.pcdn.co/news/the-daily-dash:-cr-england-strikes-back;-xpo-bullish-on-2021

Smart loading dock startup Kargo lands $6 million seed round

Smart loading dock technology

Smart loading dock tech startup Kargo announced Thursday it closed on a $6 million seed round. The round was led by Founders Fund and included Sozo Ventures, Accomplice and Hanover as well as technology executives.

The San Francisco-based company’s loading dock control tower, Argus, verifies incoming and outgoing freight and aggregates data, which allows shippers and carriers to manage dock operations.

Smart loading dock tower, Argus (Photo: Kargo)

The autonomous system uses sensors and cameras...

https://www.freightwaves.com/news/smart-loading-dock-startup-kargo-lands-$6-million-seed-round

Stanford dropout launches smart loading dock solution

Smart loading dock tech automatically verifies freight as it enters the factory, warehouse or distribution center. 

In the summer of 2019 Sam Lurye, a young entrepreneur, dropped out of Stanford and embarked on a logistics tour across America, where he visited every warehouse, distribution center and factory that would grant him entry. His trip included stops at auto plants in Detroit, and an elevator factory in South Carolina.

“I always loved learning behind the scenes,” says the 22-year old...

https://www.freightwaves.com/news/stanford-dropout-launches-smart-loading-dock-solution

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