Trucking technology

Customized digital payments give brokers a new edge

truck goes down highway

In an industry that is becoming increasingly digitized, customization is king. Brokers with the capacity to meet their carriers exactly where they are are more likely to keep them in their network, ultimately making the relationship more fortuitous for both parties. 

Customizable payment programs – like HaulPay by ComFreight – offer brokers the opportunity to pay each carrier on a schedule that works best for them. Custom payment options allow brokers to offer quick pay when necessary while...

https://s29755.pcdn.co/news/customized-digital-payments-give-brokers-a-new-edge-to-excel

FreightWaves Carrier Summit: Using tech to cope with COVID (with video)

panel

Technology was already a huge timesaver for trucking carriers. Then came the coronavirus. The outbreak created more market volatility and simultaneously forced trucking to operate in a different — socially distanced — manner. All of which makes trucking technology even more important.

How Nashville, Tennessee-based C&N Deliveries uses the technology solutions of Bloom Global offers a case in point.

C&N CEO and founder Nicole Clemons spoke with FreightWaves Director of Market Intelligence Zach...

https://www.freightwaves.com/news/freightwaves-carrier-summit-using-tech-to-cope-with-covid-with-video

Short-term rentals give carriers the flexibility to survive downturns

The transportation and logistics industry is rife with unpredictability, and shifting market conditions can cause a company’s equipment needs to change dramatically from one moment to the next. Buying or leasing equipment to meet surging demand can backfire once the market cools off and the carrier is stuck with the payment. 

Now, there is a way for carriers to take advantage of additional revenue opportunities without permanently expanding their fleet or getting locked into a lease. Industry...

https://www.freightwaves.com/news/short-term-rentals-give-carriers-the-flexibility-to-survive-downturns

Trimble’s transportation segment reports 24% revenue decline

Trimble Navigation Ltd. (NASDAQ: TRMB) reported second quarter transportation revenue of $150.9 million, down 24%, compared to the second quarter of 2019, during an earnings call Wednesday.

Overall, the company produced $733.6 million in revenue, with an earnings per share of 52 cents, topping analysts’s expectations. Wall Street’s outlook was for earnings of 37 cents per share and revenue of $694.6 million.

Company officials attributed the better than expected results to the strength of its...

https://s29755.pcdn.co/news/trimbles-transportation-segment-reports-24-decline-in-revenue

Roger enables bulk freight carriers save costs, increase efficiency

Roger enables bulk freight carriers save costs and increase efficiency (Photo: Jim Allen/FreightWaves)

The bulk freight transport ecosystem is one of the most fragmented segments within the shipping industry and is over-reliant on its manual workflows. Roger, a trucking technology company, seeks to change the norm via digital tools for shippers and carriers in the dry bulk truck freight industry. Roger’s platform reduces paperwork and accelerates payment processes for carriers, apart from providing real-time access to freight movement. 

“Roger’s technology helps carriers unlock the power of their...

https://www.freightwaves.com/news/roger-enables-bulk-freight-carriers-save-costs-increase-efficiency

How does app-based tracking compare to more complex methods?

Shippers and third-party data aggregators are pressuring brokers to step up their tracking game as economic uncertainty continues. Over the last few years, shipment tracking has shifted from a perk to an expectation. Now, subpar consistency and poor compliance are enough to cost a brokerage its profitability and, ultimately, the company’s life. 

Brokers can tap into a few tried and true methods to improve their consistency and compliance numbers – namely electronic logging device (ELD) access,...

https://s29755.pcdn.co/news/how-does-app-based-tracking-compare-to-more-complex-methods

Aggregating resources is key to increased efficiency

cellphone in front of row of trucks

Technology has revolutionized the transportation and logistics industry. Over the past few years, tracking has been seamlessly integrated, check calls have been significantly reduced and physical paperwork has been all but eliminated. A historically opaque and resistant industry has opened up to transparency and technology. 

“If you look at 2018, that was a turning point year. Shippers were struggling with high rates and having a hard time finding capacity,” Adelante SCM President Adrian...

https://s29755.pcdn.co/news/aggregating-resources-is-key-to-increased-efficiency

Trailer leasing offers carriers control in a volatile market

truck going down highway

The classic “lease versus buy” dilemma isn’t just about houses and cars; it’s also about trucking equipment. Carriers choose to rent trailers for several reasons, including flexibility, cost savings, and keeping their fleets young. Market volatility has also proven to be a strong motivator.

The current coronavirus pandemic has had something of a roller-coaster effect on the market – sending volumes surging in some sectors and plummeting in others. Carriers experienced weeks of tight capacity,...

https://s29755.pcdn.co/news/trailer-leasing-offers-carriers-control-in-a-volatile-market

Shared truckload offers pricing benefits to shippers, carriers

truck driving down highway

The only thing anyone can say for certain about the transportation markets is that they change. Whether due to global disruptions like pandemics or simple seasonality, volumes and capacity are constantly in flux. When these shifts get especially volatile, the whole industry feels the effects. Shared truckload (STL) offers a way for shippers and carriers alike to make the most of any market conditions. 

Shared truckload enables multiple shippers to share trailer space in one multi-stop full...

https://s29755.pcdn.co/news/shared-truckload-offers-pricing-benefits-to-shippers-carriers

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