Technology

For Brokers and 3PLs: Freight Visibility Technology Is a Competitive Advantage

Jay Delaney | TMW SYSTEMS Just how much freight do third-party logistics companies (3PLs) and brokers move for tens of thousands of shippers every day? To answer that question, consider this: The $185.7 billion third-party logistics industry is 1.7 times the size of the beer market and four times larger than the candy market. In fact, one of every three ...

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Know Before You Grow: Proprietary Transportation Systems and Open-Source Software Risk

Jonathan Todd and Justin Clark | BENESCH, FRIEDLANDER, COPLAN & ARONOFF We live in an era of gig economies and e-commerce, where supply chains evolve before our eyes due to the speed of technological innovation. All transportation and logistics services are under pressure to deliver highly analytic, data-rich solutions in addition to freight. The challenge to gain an advantage through information ...

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Joined at the Hip with Your Software-As-A-Service Provider

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Murray Pratt | TAILWIND TRANSPORTATION SOFTWARE You recall those three-legged races? Perhaps it was at a picnic, a company ‘team building,’ or a track day in primary school. You and your race partner had one ankle tied to the adjacent ankle of the other. You first had to decide who was on the left and who was on the right. ...

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Blockchain Brings New Capabilities, but Proceed with Caution

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Chuck Cook | RenovoData The technology known as blockchain is generating a lot of buzz, but it is not very well understood. Developed in 2008 to support the Bitcoin cryptocurrency, blockchain is an update of the old mutually distributed ledger (MDL) products that were too clumsy to ever find wide acceptance. Now vendors are offering blockchain-type products for many applications ...

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The New Time-Saving Technology: Payment Platforms

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Jeremy Feucht | Truckstop.com In the transportation industry one of the new buzz technologies is payment platforms. In this article we will discuss what a payment platform is, how they work and what questions you need to ask before selecting one if they are a good fit for your business. What Is a Payment Platform? Payment Platforms specialize in the ...

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Adventures in Big Data Wonderland: Don’t Get Lost in the Rabbit Hole

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Chris Lee | Logistical Labs “My dear, here we must run as fast as we can, just to stay in place. And if you wish to go anywhere you must run twice as fast as that.” – Lewis Carroll, “Alice in Wonderland” By 2020, there will be a staggering 44 zettabytes, or 44 trillion gigabytes, of data in the digital ...

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How Location-Based Services Foster Stability and Growth

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Mario Proietti | LocationSmart We are transitioning to a digital economy where service and speed of delivery are emphasized and the “Amazon Effect” is continuing to build momentum. This is leading to increasing demands for tighter and more certain delivery windows by consumers and supply chain managers alike. Investments in automation and better visibility have and continue to accelerate this ...

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Data Privacy Changes on the Horizon

Will Sehestedt | Transportation Intermediaries Association Every business knows that cybersecurity is becoming ever more important as bad actors become increasingly sophisticated in their attacks. The risk of attack and victimization by cybercriminals has grown for 3PLs in recent years as logistics providers have closed the “IT Gap” with their shipper customers in recent years and increasingly share communications and ...

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