The Logistics of Logistics Podcast: Using Artificial Intelligence to Improve the Shipper / Carrier Experience with Erik Malin

Recently, our vice president of operations, Erik Malin, spoke with the “Logistics of Logistics” podcast host, Joe Lynch. Joe interviews senior level 3PL providers and business professionals in the logistics and transportation industry. In this episode, Erik and Joe discussed how innovative technologies such as artificial intelligence (AI) are changing the freight brokerage space. The two also talked about Loadsmart’s dedication to its customers, and how the company’s use of strategic partnerships has made it a leader in the industry.

To listen to the full podcast, click here.

logistics podcast

Loadsmart Crowned as Technology Innovator as part of Inaugural Freight.Tech25 Awards

Loadsmart was recently named to the inaugural FreightWaves Freight.Tech25 awards at MarketWaves18. The award recognizes the most innovative and disruptive companies in freight. The original list of 100 companies was paired down to 25 after being evaluated and ranked on a 1-25 point basis. The panel of judges  – 60 in total – included industry executives, academics and investors.

Felipe Capella, co-founder and chief product officer of Loadsmart, said: “This accolade is a further testament to Loadsmart leading the way in technology for this industry.” Between the award nominations, analyst recognitions, and our most recent funding announcement, it’s fair to say that it’s been an exciting time here at Loadsmart.

Freight.Tech25

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This isn’t the first time Loadsmart has been recognized for innovation in the supply chain industry either. Loadsmart was recognized by CB Insights for supply chain disruption, and by Gartner as a Gartner Cool Vendor.

2018 has been a big year for us, and we’re excited to see what 2019 will bring for us.

Loadsmart CEO addresses transport capacity shortages at Automotive Logistics Supply Chain Conference

Technology is transforming the automotive and logistics industries. But for many supply chain managers the biggest headaches are still the most familiar ones, such as driver and transport capacity shortages, lost containers, poor forecasting and incomplete visibility. Just this morning, The Wall Street Journal featured how Deere & Co. is raising equipment prices to make up for rising freight transport costs. The equipment maker is a host of U.S. manufacturers reporting rising expenses as a growing U.S. economy drives up prices for materials and shipping.

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Freight management tools are the future of the industry

The Technological Touch: 3 Ways Logistics Technology Simplifies the Industry

As we mentioned before, there is and always will be a need for humans in the third party logistics business. A lot can go wrong out on the road, and it’s important to know that there’s a human on the other end that has your back. With that being said, logistics technology is not something to be overlooked. What can logistics technology do for you? Well…

Paperwork: Stop Faxing Your Bill of Lading

Imagine a world without paperwork. Impossible, right? Well yes, technically. But technology can help take the paper out of paperwork and make the entire process of freight management much more efficient. For instance, if the Bill of Lading could be automatically uploaded as soon as the delivery is complete, wouldn’t that make things much more simple? Or if there was a place to access and review past Bills of Lading, eliminating the mountains of paperwork you typically deal with? Well, there is a place to do this, and it does simplify freight management. With e-documents, all paperwork is in the palm of your hand and saved safely. No more lost documents.  And the best part? An added bonus? The efficiency allows everything to be completed and drivers to be paid in under 48 hours.  

Communication: Open Chat Rooms and GPS Sharing

While the days of stopping at a payphone are long gone, communication methods are still evolving. Cell phone calls and texting are commonplace, but they’re not always the most efficient solution when many parties are involved. That’s why a place where all parties can communicate freely without even exchanging numbers is an important tool to have. Broken down? Delayed? Ahead of schedule? An open communication platform combined with live GPS freight tracking prevents potential problems and keeps everyone informed.

Efficiency: Eliminate Empty Miles with Logistics Technology

Logistics and technology go hand-in-hand. The basic, yet constant supply and demand of the industry makes it easy to convert traditional methods to tech-based ones. With new logistics technology, shippers can easily post loads and carriers can easily accept them. Simple. Advances in logistics technology allow us to provide carriers with jobs that are tailored to their preferences and location, based on GPS freight tracking, eliminating deadhead miles and time wasted at loadboards.

Using SmartWay to Make Sure Your Fleet Is Saving Money on Tires (In the Long Run)

When deciding which tires to buy for your fleet, focusing only on price and not quality might actually end up costing you more. For the data on what tires are best for you go to SmartWay.  SmartWay verification tells a fleet manager a tire has low rolling resistance which will help reduce a tractor trailers fuel consumption by at least 3%.

Some SmartWay Approved Tires include:

Yokohama Tire TY51:  “wide-based tire has added traction and long even wear with an advanced profile for increased durability and retreadability.”

Goodyear Fuel Max LHD G505D truck tire: “North America’s most fuel-efficient long-haul tire.”

Cooper Tires offers a full range of Roadmaster tires low-rolling-resistance which helps to improve fuel economy.

Giti Tire USA 16-ply version of its GT Radial GSL213FS long-haul steer tire is designed for higher front-end axles and gross vehicle weight.


For more info go to CCJ>>

 

Effects of Fracking on Freight Transportation

With the use of hydraulic fracking on freight transportation on the rise the U.S. department of transportation research and innovative technology administration gave out a grant to research the effects of fracking on freight transportation to Vanderbilt University and University of Alabama in Huntsville. The ultimate goal being to guide freight transportation manager and policy makers on how to handle the fracking on freight transportation issues, particularly on economic and safety issues. Other studies have already shown the effects of fracking on a smaller demographic. The results show altered local economies and freight distribution. Trucking Info>> 

DOT issues permits to transport Ebola Medical Waste but to who might surprise you

This special permit was granted by DOT to Stericyle to transport Ebola medical waste in Texas. These permit are given to ensure the companies transporting the Ebola waste are qualified and know the precautions that need to take place when transporting contagious diseases like Ebola. DOT and the center for disease control and prevention are working together to form similar guidelines for other states if Ebola spread to other states. American Shipper>>

Now although thats all nice and good, the real scandalous question is WHO is transporting the ebola waste ?

Stericylce has a history of illegally dumping aborted babies. Yes, you read that correct. Stericyle was fined $42,000 in 2011 for this act. When it was discovered that the remains of the aborted babies were powering the local power plant. Not only that but Stericycle has just recently come into the spotlight again for using an incinerator that is causing air pollution in Utah. There is even a website StopStericycle.com and Facebook page fighting against this Stericycle. Should this be the companies that the Center for Disease Control and Prevent and DOT be issuing these permit too?   CNS News>>  

Freight Brokers- making sure you’re loading smart.

In an idealistic world, we could connect with shippers and trucks in second. Here in this non-idealistic world,  we have the option of going through a third party freight broker, although doing so can take some of the workload off  of you, it can also be difficult to be sure you are getting the best prices and shipments.

If you chose to go with a Freight Broker  here are some tips  to make sure they are legitimate.

Inbound Logistics>>