Addressing the supply chain’s underinsurance crisis

With more than 60% of freight under- or uninsured, the underinsurance crisis is a symptom of the fact that traditional insurance processes cannot adequately protect stakeholders in the demanding environment of the modern supply chain. 

Traditional insurance policies are designed for enterprise accounts; inherently cumbersome, inaccurate and one dimensional, they are often unfit to serve small and mid-sized businesses (SMBs) and meet their unique needs. 

Johnny McCord, CEO and founder of Loadsure,...

https://www.freightwaves.com/news/addressing-the-supply-chains-underinsurance-crisis

Fragmentation of logistics tools leads to higher costs, system bottlenecks

With the sheer volume of logistics software tools on the market today, many shippers and carriers are finding it difficult to integrate and share data between incompatible platforms.

Thomas Kowalski, operations manager at CtrlChain, sat down with FreightWaves’ Timothy Dooner to discuss the inherent costs and problems that come with fragmented logistics platforms.

“The market is so fragmented right now that many companies use multiple tools on a day-to-day basis,” Kowalski said. “I can’t tell you...

https://www.freightwaves.com/news/fragmentation-of-logistics-tools-leads-to-higher-costs-system-bottlenecks

Building trust in an automated freight industry

With the prevalence of new software and other technology in the freight industry, it can be difficult for both shippers and carriers to determine their best purchases and contracts on the digital landscape. Especially with the increasing danger and sophistication of scams and bad actors in the digital space, the human element remains a vital part of business.

Nicole Slavin, sales manager at CtrlChain, sat down with FreightWaves’ Timothy Dooner to discuss the keys to building and maintaining...

https://www.freightwaves.com/news/building-trust-in-an-automated-freight-industry

Distracted Driving Awareness Month: How drivers and carriers can be safer

Each year, around 3,000 people in the U.S. die from distracted driving incidents, accounting for close to 10% of all motor vehicle fatalities. Overall, car crashes are the leading cause of death in the U.S. for people ages 1 to 54. For Distracted Driving Awareness Month, FreightWaves’ Timothy Dooner spoke to Chris Hayes, Assistant Vice President for Workers’ Compensation and Transportation at Travelers Risk Control. Hayes said that drivers and businesses alike are growing more concerned with...

https://www.freightwaves.com/news/distracted-driving-awareness-month-how-drivers-and-carriers-can-be-safer