3 emerging FreightTech trends in 2023
Yesterday’s emerging technology is today’s table stakes for supply chain participants.
Yesterday’s emerging technology is today’s table stakes for supply chain participants.
In this edition: West Coast labor union talks get ramped up a notch; Canada goes head-to-head with Mexico; and C.H. Robinson finds a new CEO.
Digital freight marketplace NEXT Trucking is on the prowl for either additional capital or an exit.
“Investors have shifted from a growth-at-all-costs mindset to focus on the path to profitability and scalable growth. No startup, not even the rocket ships of logistics technology, will be immune to these trends,” says project44 founder and CEO Jett McCandless.
“We want [global shipping] to be self-explanatory, easy to navigate and easy for you to find the answer you are looking for,” says Maja Bernstein, vice president of industry relations at Fluent Cargo.
Convoy’s co-founder and CEO suggests that FreightTech offerings have paved the way to disrupt fragmentation with a new model of shipping: the hybrid carrier model.
FreightTech providers are examining disruptive global shipping modifications that would be detrimental without AI’s support.
Integrated business planning solutions “enable an organization to respond to changing demand while managing product flow to ensure high customer service,” says ArchLynk CEO Sekhar Puli.
“Once shippers get up and running on GoodShip, they invite their carriers onto the platform. This creates a multiplayer experience where each party has access to modern analytics, creating a single source of truth,” says CEO Ryan Soskin.
Uber Freight, Convoy and J.B. Hunt formed the Scheduling Standards Consortium in December to standardize trade data and synthesize scheduling technology.
Carriers will now be able to handle their fuel expenses on Uber Freight’s app with no annual fees, according to the freight marketplace.
Uber Freight’s head of product shares simple ways to improve decision-making and reduce costs while improving customers’ shipping experiences.
“We could make carriers’ lives easier by giving them a single tool that they can use to make sure that they are not missing any hiring steps,” said LogRock co-founder and CEO Hunter Yaw.
“The Premier Partner Program expands our carrier family to include an even higher level of qualification of carriers that can meet the needs of participating shippers,” said president George Abernathy.
The importance of real-time visibility in supply chain management cannot be overstated, as it helps improve transparency, traceability, sustainability, and customer service. 77% of supply chain leaders say real-time visibility is a must-have—and yet, only 25% actually USE it. Tive’s “The State of Visibility 2023” report—based on survey results from over 270 supply chain decision-makers—sheds […]
Using the company’s platform, Repowr Connect, shippers, fleets and 3PLs can share their available assets with other network members, helping parties find on-demand capacity.
“We are looking to empower these independent contractors and truly treat them as owners of their businesses,” Luke Denny, co-founder and CEO, told FreightWaves.
“TrueTMS carries a price point that is affordable for a one- to 20-truck operator to purchase,” says T3 Tech’s George Thellman.
Interstate Health’s CEO explains how addressing the needs of both truckers and travelers can make a highway care network work.
“[Navix] understands their customers’ problems, the value proposition and how to apply the technology to solve them,” said Rob Estes, chairman and CEO of Estes Express Lines.