Freight Brokers: Disintermediated or Growth Opportunity by Incorporating Technology?

Descartes

Given the current capacity crunch, and the huge amounts of investment capital pouring into transportation and logistics technology, there is tremendous discussion on how technology innovation will impact the industry and, more specifically, 3PLs. What will be the impact of digital freight on freight brokers?

Two Important Questions About the Future of Freight Moves

Talking Logistics

Freight tons moving on the nation’s transportation network will grow 40 percent in the next three decades while the value of the freight will almost double, increasing by 92 percent, according to the latest projections by the U.S. Department of Transportation’s Bureau of Transportation Statistics (BTS) and Federal Highway Administration (FHWA). Simply put, I believe the way freight will actually move in 2045 will be different than how it moves today.

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LTL Carrier Profile: UPS Freight

The Logistics of Logistics

LTL Carrier Profile: UPS Freight. UPS Freight is the fourth largest less than truckload (LTL) carrier with approximately $2.4B UPS Freight has 6.9% UPS Freight is based in Richmond, Virginia. UPS Freight is a business segment of United Parcel Service, Inc. Domestic Package, International Package, and Supply Chain and Freight. LTL Carrier Profile: UPS Freight Services. LTL Carrier Profile: UPS Freight History.

LTL Carrier Profile: YRC Freight

The Logistics of Logistics

LTL Carrier Profile: YRC Freight. YRC Freight is the third largest less than truckload (LTL) carrier with approximately $3.2B YRC Freight has 9.2% YRC Freight is the largest subsidiary of YRC Worldwide Inc. Yellow Transportation was founded in 1924 by A.J. purchased Roadway in 2003. Yellow Transportation and Roadway formally merged to create YRC Worldwide in 2009. LTL Carrier Profile: YRC Freight Equipment & People.

Early ‘Internet of Things’ Pilots Proved Supply Chain Benefits of RFID Pallets

Supply Chain Network

Two early pilots were facilitated by Supply Chain Network and carried out in 2003 and 2006 with both representing successful demonstrations of the potential supply chain benefits available through end to end ‘Internet of Things’ supply chain implementations. Emerging Trends Freight & Transportation Grocery Logistics Information Technology Matrix Commerce New Ideas

Three supply chain lessons for businesses coping with COVID-19

CH Robinson Transportfolio

Despite past lessons from 2003’s SARS outbreak and 2011’s Fukushima tsunami about the hidden weaknesses in their supply chains, companies are challenged to manage logistics concerns stemming from sourcing strategies and risk management. Freight and Transportation Services Transportation Market Global shipping International shipping

Early ‘Internet of Things’ Pilots Proved Supply Chain Benefits of RFID Pallets

Supply Chain Network

Two early pilots were facilitated by Supply Chain Network and carried out in 2003 and 2006 with both representing successful demonstrations of the potential supply chain benefits available through ‘Internet of Things’ implementations. In an 8 hour shift a transport delivery truck could only do 2 deliveries based on 4 hour receiving times.

Seasoned Leadership in Action™ – An Interview with Raymon Krishnan!

Supply Chain Game Changer

I started my career working in 3PL’s – one of which was the largest freight forwarder in the world in the 1990’s. Chartered Institute of Logistics and Transport and The Australian Logistics Academy, an. Provider in ASIA in 2003 & 2004, In 2008, the Society won the Supply Chain Asia Education. Freight and Logistics Interview Supply Chain Management Cargonow Leadership logistics management LogisymSubscribe Here! Email Address. Subscribe to Supply Chain Game Changer.

COVID-19 crisis may push up trade costs, WTO report finds

EFT

The report finds that travel restrictions and border closures have disrupted freight transport, business travel and the supply of services that rely on the presence of individuals abroad.

Iraq 81

The COVID-19 Supply Chain Hit Could Trigger Recession in Australia

Logistics Bureau

And when its supply chains are ravaged by lockdowns, quarantines, and transport restrictions, Australia cannot hope to avoid paying some sort of price. McKibbin, who did ground-breaking work when he examined the impact of the 2003 SARS epidemic, says if COVID-19 goes global it could carve about 2 percent from Australian growth, but if it becomes more lethal, Australia’s GDP would plunge 7.9 Inbound and outbound air freight capacity is still under pressure.

Freightera CEO Eric Beckwitt Receives Sustainability Award at Clean50 Summit in Toronto

Freightera

1, 2018 /PRNewswire/ — Canadian freight digitization startup Freightera is honored to announce that CEO Eric Beckwitt has just won the 2019 Clean50 Award for his outstanding contribution to advance the cause of sustainability and clean capitalism in Canada over the past two years. This means a lot to everyone at Freightera, an online marketplace that brings together businesses that need to ship freight and transport companies that move it.

The rapid reorientation of supply chains

EFT

Transport links that ran like clockwork suddenly melted away, most notably air freight, and products were stranded in overstretched ports. In an age of lean supply chains and highly-specialised production, a sudden disruption can mean disaster.

China 57

The Top Dozen Supply Chain Innovations of All-Time

Operations and Supply Chain Management

The Kiva Robotic Picking System: The idea for the orange AGV-like robots that bring inventory to order pickers was first conceived in 2003 by CEO Mick Mountz, and with the help of some MIT professors Kiva brought the technology to market less than two-years later. 9: 3M’s Transportation Load Control Center: In 1982, 3M, like every other company, had to leave transportation decisions to each plant and distribution center. First Thoughts.

What Carriers Want: Lessons from a 5-Star Broker

DAT Solutions

If you’re a freight broker or 3PL without trucks, you know that your biggest asset is the carriers you use. But how can you attract and retain the best carriers—the ones that deliver on time, with freight intact, and exuding the same kind of professionalism that you require of your staff? For the answer to that question, we turned to AFN, a large freight brokerage and 3PL in suburban Chicago.