Riskpulse, the leader in providing weather risk analytics for supply chains, has issued a retrospective report discussing how they advised their customers during the historic 2017 hurricane season.
Penn State issued its 22nd annual 3PL study and the overriding theme was about the importance of data transparency in the supply-chain. Shippers are demanding more transparency in all of their vendors, but since logistics is the life-blood of a supply-chain, 3PLs must accelerate their investments and offerings for shippers.
One of the biggest trends in the field of freight logistics is the digitization of the trucking industry, which has a market of over $700 billion every year.
PS Logistics, LLC, a leading national transportation and logistics company, announced today that it joined the Blockchain in Trucking Alliance (BiTA) as a charter member.
DAT has been one of the leading data providers for load and rate information for years thanks to its large database. Now, the company’s data is being used in even more ways, reinforcing the value the overall dataset provides.
Since its founding, LinkeDrive has become synonymous with driver performance coaching. Its PedalCoach product has helped thousands of drivers achieve higher fuel efficiency and boost safety performance. It turns out, though, that the data it is generating has a lot more potential.
“If you look back at the DAT truck data, which is essentially the NASDAQ of truck freight brokerage, you would know ahead of time,” Donald Broughton told CNBC, explaining why the firm’s data is a good indicator of economic trends.
“The potential here is phenomenal. The match between what blockchain offers and the industry pain points is incredible,” says Bridget McDermott, vice president of Blockchain Business Development for IBM. So what exactly is blockchain?
Blockchain is a relatively new term used to describe a series of distributed databases that act as a tamper-proof, verifiable ledger. As with any new technology, blockchain has its own terminology. Here is a listing of some of the most important terms and their meanings.
From drones to the Internet of Things (IoT), technology is pushing the boundaries of what is possible in the world of business. It is no different for transportation entities, especially shippers and carriers who are embracing technology while remaining mindful of ever-slimming margins.
