Technology

Telematics give fleet managers insight into productivity, efficiency, and driver safety, yet best practices for staying on track include as many don'ts as there are dos.

Despite a proliferation of technology solutions today for the supply chain industry, it is more important than ever to find an expandable, digital ecosystem capable of filling all your company’s needs.

The logistics industry continues to be a major target of cybercriminals with damages estimated at more than $6 trillion annually by 2021. At an average cost of $150 per stolen record, and the possibility of lawsuits in the wake of a breach, a cybersecurity strategy is crucial to protect company and customer data.

Tracking has become less about location points and more about having the visibility to realize and reduce costs along to the entire supply chain.

As labor rates continue to rise, accounting for nearly 65% of total fulfillments costs, many operations are seeking streamlined processes and automated equipment to improve production efficiency.

In Spring 2020, freight volumes nose-dived, cratering some business while others were merely whiplashed when e-commerce sales skyrocketed to unprecedented levels. In response, shippers, carriers, and brokers alike began retooling operations and employing a larger range of robust digital tools to mitigate the next market shock.

Arguably, the “Amazon Effect” has had many far-reaching implications, including significant advances in technology for the transportation industry.

COVID-19 has brought new challenges—and opportunities—to the transportation and logistics landscape, ushering in new technology and processes for automation, transparency and efficiency.

As companies large and small fall prey to costly cyberattacks that can add up to millions in ransom, the trucking and transportation industry—any business that connects to the internet—is more vulnerable than ever to attack.

Switching from manual labor to automated and digitalized operations is imperative to keep the supply chain thriving, but three very common mistakes freight brokers make can incur major costs.