Keeping up with the pace of digital freight change

The logistics industry has been undergoing a major technological revolution since the ELD mandate became official in 2018, and the pace of change has accelerated in response to the coronavirus pandemic. This explosion of high-tech offerings can be overwhelming for brokers, and many 3PLs have had a hard time staying ahead of the curve. 

“A lot of brokers can’t keep up with all the technology. There are a lot of opportunities. Vendors are coming at you all the time,” Tom Curee, Kingsgate...

https://www.freightwaves.com/news/keeping-up-with-the-pace-of-digital-freight-change

F3 demos: FreightTech provides competitive advantage

Logistics technologies demonstrated their products during F3.

FreightTech companies demonstrated their innovative technology solutions for fleets during FreightWaves’ F3 Virtual Experience Wednesday. These demos show how to streamline various logistics activities.

Stratusgrid

Third parties can retrieve actionable insights using custom applications. Users can view available loads and easily submit quotes from the main page.

Check out the demo to find out how this technology can help your business stay competitive.

Trucker Tools

Trucker Tools provides real-time...

https://www.freightwaves.com/news/f3-demos-freighttech-provides-competitive-advantage

Real-time visibility helps brokers stay ahead in strained market

Tractor-trailer with dark storm cloud across the sky.

Finding capacity has been a challenge for shippers throughout the year. As peak season drags on, those challenges are only becoming more intense. Relying on traditional capacity-sourcing techniques during this time is likely to leave shippers and brokers frustrated, dealing with everything from sky high rates to completely nonexistent capacity. 

On the other hand, brokers with access to real-time visibility insights into both in-transit shipments and available trucks can know precisely when and...

https://www.freightwaves.com/news/real-time-visibility-helps-brokers-stay-ahead-in-strained-market

Carrier scorecards represent next generation of visibility

Transportation industry suffers from too much of a good thing

Visibility is becoming more and more important in the logistics industry. Shippers naturally want to keep a close eye on their freight, and this instinct has only grown stronger in the face of pandemic-related uncertainty.

“Everybody wants to know where their freight is because there are such short lead times. Product availability is scarce due to the lasting effects of the coronavirus pandemic, making every load a hot load,” said Mike Riccio, Leonard’s Express chief marketing officer. “If a...

https://www.freightwaves.com/news/carrier-scorecards-represent-next-generation-of-visibility

Visibility solutions amplify carrier earning potential

Truck capacity will be difficult to find for a while longer

Visibility is a hot topic across the logistics industry. Most of the conversation around visibility solutions focuses on how these tools benefit shippers and end consumers. Carriers are often overlooked — or considered only in terms of lagging compliance — during these discussions. This has left some carriers wondering what, exactly, is in it for them. 

Carriers do benefit from providing accurate and timely tracking updates to their broker and shipper partners. Visibility software can all but...

https://www.freightwaves.com/news/visibility-solutions-amplify-carrier-earning-potential

BlueGrace, Trucker Tools spotlight benefit of FreighTech partnerships

Implementing carrier-focused technology in a logistics company comes down to one deciding factor: How sticky is that product?

The stickiness of an application is determined by its ability to recruit, retain and engage a user, actions that are easier said than done as freight heavy hitters like UberFreight, Flock Freight, Convoy and Loadsmart enter the logistics industry as digital players on day one.

With over two decades in logistics, BlueGrace COO Mark Ford simplifies the problem he has...

https://www.freightwaves.com/news/bluegrace-trucker-tools-spotlight-benefit-of-freightech-partnerships

Beyond the buzzword: Culture fit promotes successful tech partnerships

truck going down highway

“Culture” has become a buzzword synonymous with impassioned mission statements and quirky office perks. In reality, culture goes far beyond ping pong tables and casual Fridays. When a company defines their culture, they are defining their values. That is why cultural fit is so important when partnerships are formed – companies with polar opposite value systems do not often play well together or share common goals. 

“I think it is important to define culture because I see culture as being...

https://www.freightwaves.com/news/beyond-the-buzzword-culture-fit-promotes-successful-tech-partnerships

Trucker Tools acquired to scale faster, expand services

ASG announced Tuesday that it has acquired digital freight management platform Trucker Tools. While the terms of the transaction were not disclosed, Trucker Tools’ last valuation was $65 million.

ASG buys, builds and operates vertical software-as-a-service (SaaS) companies as a portfolio company of Alpine Investors. Trucker Tools is ASG’s 35th acquisition and will join a number of logistics companies under its wings, including e-Courier, a final-mile visibility software; Record360, an equipment...

https://www.freightwaves.com/news/trucker-tools-acquired-to-scale-faster-expand-services

Collaboration among tech providers more important than ever

Tractor-trailer heading down a highway with dark storm cloud ahead.

Eliminating data silos has long been a primary focus of freight’s technological revolution. As players across the supply chain continue to adopt high-tech solutions — and more and more tools are introduced — that same principle is being applied to platforms. Historically, digital platforms and transportation management systems (TMS) have largely existed in their own, individual spaces. Now, platform integrations are taking center stage.

The sheer number of technological tools available has made...

https://www.freightwaves.com/news/collaboration-among-tech-providers-more-important-than-ever