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This Week in Logistics News (October 8-12, 2018)

Talking Logistics

Trucking costs to halve by 2030, study predicts (LLoyd’s Loading List). Simply put, as shippers take a more holistic approach to transportation network design, procurement, planning, and execution, all modes are on the table for consideration. Deliverr raises $7M to help e-commerce businesses compete with Amazon Prime (TechCrunch).

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Automated Invoice Processing with OCR: How It Works and Why Use It

Precoro

By 2030, it is estimated to surpass USD 4.6 The procurement system defines if the invoices should match the POs or receipts and routes bills through predefined approval workflows. Additionally, electronic invoices can be processed and approved faster, accelerating the payment cycle and potentially enabling early payment discounts.