Traditional freight procurement is riddled with inefficiencies. Static routing guides, infrequent mini-bids, and limited carrier options often result in overpaying for critical lanes while sacrificing service quality. Many transportation managers inherit their predecessor’s carrier network and standard operating procedures simply because it’s the established norm. Without the right tools to challenge the status quo, shippers remain stuck with inflated costs and suboptimal carrier performance....
p44
FreightTech Friday: p44 offers eBOLs for all LTL shipments
Visibility provider project44 announced it has implemented automatic electronic bills of lading for all of its less-than-truckload pickup requests as the LTL industry looks to expedite industry adoption of the National Motor Freight Traffic Association’s (NMFTA’s) eBOL standards.
“We are proud to contribute and continue to lead LTL API innovation, which includes eBOL,” Jett McCandless, founder and chief executive officer, told FreightWaves in an email. “We are thankful for the many carriers,...
https://www.freightwaves.com/news/freighttech-friday-p44-offers-ebols-for-all-ltl-shipments
FreightTech Friday: Gartner critiques real-time-visibility market players
Technology research and consulting firm Gartner recently released its Real Time Transportation Visibility Platform (RTTVP) report, highlighting the space’s top performers while suggesting areas for improvement.
The company describes RTTVPs as platforms engineered to offer real-time tracking and status updates on orders after they leave the warehouse, using integration with carrier systems or telematics for data gathering. The report assesses various levels of complexity in RTTVP implementation,...
Illinois Supreme Court lets p44’s defamation suit against FourKites proceed
The Illinois Supreme Court ruled Thursday that project44 may move forward with its defamation lawsuit against rival visibility provider FourKites.
“We plan to continue on the merits of the case,” Jennifer Coyne, general counsel for project44, told FreightWaves.
The dispute began with emails sent to project44 executives in May 2019, alleging accounting improprieties and ties to organized crime at project44. The first email, from “Ken Adams,” accused the company of financial wrongdoing and mafia...
FreightTech industry isn’t what it was a year ago
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The views expressed here are solely those of the author and do not necessarily...
https://www.freightwaves.com/news/freighttech-industry-isnt-what-it-was-a-year-ago
Increasing supply chain velocity with combined FTL, yard visibility
As consumer demands around on-time delivery have grown, so too have shipper expectations surrounding real-time visibility. As such, third-party technology providers have amped up their offerings, and the vast majority of freight moving down the highways today is being tracked.
However, that ubiquitous visibility has not yet been achieved when it comes to yard operations. In fact, yards are often characterized by blind spots and bottlenecks due to mismanaged operations and an overall lack of...
https://www.freightwaves.com/news/increasing-supply-chain-velocity-with-combined-ftl-yard-visibility
Rating, booking APIs make complete procurement automation possible
As technology evolves and integrations become more readily available, Shippers and 3PLs tend to expect their TMS and ERP solutions to be one-stop shops for all things supply chain management. By utilizing a centralized location to manage their operations, these companies are able to streamline decision making and reduce inaccuracies across their businesses.
In order to take advantage of the variety of applications and solutions they need, these companies often rely on complicated tech stacks...
https://www.freightwaves.com/news/rating-booking-apis-make-complete-procurement-automation-possible
Auto industry finds just-in-time success via next-gen visibility
Consumer demand for durable goods has taken a nosedive in recent months, and overall spending is down as people grapple with the possibility of a recession. Naturally, most sectors, especially retail, are experiencing weakened demand and falling volumes.
This is not the case, however, for the automotive industry.
“Motor vehicles enable the consumer to leave the house, something they have not been able to do as much of over the past two years,” FreightWaves Market Analyst Zach Strickland recently...
https://www.freightwaves.com/news/auto-industry-finds-just-in-time-success-via-next-gen-visibility
Project44 takes on shipping disruptions via actionable in-terminal insights
Shipping delays are a major contributor to disruptions like supply chain partnership breakdowns, end consumer complaints and expensive inefficiencies. Pinpointing where these delays occur — and solving for them — requires top-notch visibility and actionable data points.
In-transit visibility options have skyrocketed over the past several years, making it easier than ever to track a shipment’s en route movements. The same cannot be said, however, for terminal visibility. project44’s newest...
Subdued holiday season offers opportunity for service improvements
The winter holidays have long been harbingers of chaos for the logistics industry. Typically, volume spikes and tender rejection rates soar ahead of the festivities, leaving shippers scrambling for capacity as shoppers scavenge store shelves for the latest and greatest gifts.
Last year’s peak retail season stands apart from previous years in that there wasn’t much of a “peak” at all.
The project44 Ocean Container Rollover Index (P44ORI) – which measures the weekly proportion of cargo departing...
https://www.freightwaves.com/news/subdued-holiday-season-offers-opportunity-for-service-improvements