Tag: freight

Loadsmart Partners with Opendock for Integrated Dock Scheduling

Matt FlemingLeave a comment

Integration offers new capabilities to improve on-time service and eliminate a traditional bottleneck in the movement of freight

SCOTTSDALE, Ariz., and NEW YORK – June 10, 2020 — Loadsmart, a leading digital freight technology company, today announced a technical and strategic partnership with Opendock, a market leader in centralized dock scheduling software for shippers and carriers. The API-enabled integration of Loadsmart’s digital freight platform and Smart Scheduling technology, with Opendock’s dock management software, enables shippers to simplify and accelerate the scheduling process by identifying and booking the best possible appointment with minimal human intervention.  

For most shippers and carriers, scheduling has long been a time-consuming, manual process that typically requires multiple phone calls and emails to book an appointment. This process becomes even more problematic when appointments must be rescheduled due to a change in the driver’s estimated arrival time. Recognizing this challenge and the potential of leveraging artificial intelligence, the two companies have forged this collaboration to automate appointment scheduling for the more than 1,800 warehouses that utilize Opendock.

“Shippers are increasingly looking for new ways to leverage technology to eliminate bottlenecks and improve the efficiency of their supply chains,” said Ricardo Salgado, CEO and co-founder of Loadsmart, “The integration of our Smart Scheduling technology with Opendock’s centralized dock management software enables us to remove friction and streamline the appointment scheduling process for our shared customers.”

Shippers will immediately benefit from improved efficiency and better service. The integration allows Loadsmart’s Smart Scheduling technology to instantly select and book the best possible appointment by using artificial intelligence to analyze travel time and other factors. Should a driver’s ETA change while en route, the integration even enables Loadsmart to automatically reschedule the appointment in seconds. 

“We are excited to be partnering with Loadsmart and their Smart Scheduling capability. It’s impressive how they are using technology to simplify and streamline what’s historically been a very complex and time-consuming process, ” said Bob La Loggia, CEO of Opendock. “With this partnership, we’re eliminating a traditional bottleneck that impacts efficiency and on-time service.”

Loadsmart has completed phase one of the integration with Opendock and is already seeing positive results, including a substantial improvement in on-time performance. The company plans on continuing to enhance and expand integration touchpoints to make even more use of Opendock’s scheduling capabilities. 

Ready to learn more?

Join Loadsmart and Opendock June 18th at 2PM EST as they discuss the partnership and joint solution. Register Now.

About Loadsmart:

Transforming the future of freight, Loadsmart leverages artificial intelligence, machine learning and strategic partnerships to automate how freight is priced, booked and shipped. Pairing advanced technologies with deep-seated industry expertise, Loadsmart fuels growth, simplifies operational complexity and bolsters efficiency for carriers and shippers alike. For more information, please visit https://loadsmart.com.

About Opendock:

Opendock is based in Scottsdale, Arizona. It is utilized daily by every major freight carrier and broker, including C.H. Robinson, Schneider, JB Hunt, Werner, and others. Additionally, thousands of warehouses use the system for managing their dock availability. Warehouses range from small operations to 3PLs to some of the largest shippers in the world, such as International Paper, Cargill, Owen & Minor, Pepsi, ADM, and Unilever. To learn more about Opendock dock scheduling software, visit http://www.opendock.com.

Loadsmart Launches Multimodal Services to Enable Maximum Visibility From the Port to the Road

Matt FlemingLeave a comment

New Solution Adds Transload Services and Powers Instant Execution and Seamless Transparency Across Full Shipment Lifecycle

Loadsmart, a digital freight technology company, today announced the launch of its Multimodal Services offering, which bridges port drayage, transload and over-the-road truckload shipping. Shippers will now be able to instantly execute multimodal shipments and obtain full transparency across their entire lifecycle—from the port, to the transload facility, onto the vehicles, and, ultimately, to their intended destinations – all from a single digital logistics partner.

Transload refers to the point in the supply chain where containers from the port are unloaded at a distribution warehouse and the goods are then transferred to one or more trailers. Transload providers are often siloed from other transportation segments, including the carrier providing over-the-road services, ultimately causing limited visibility and inefficiency. The absence of integration amongst multiple providers results in a blind spot for shippers, who lack the necessary granular insight. Loadsmart’s Multimodal Services solution brings complete visibility for shippers, consignees, and other interested parties during the entire shipment lifecycle, down to the single package level. 

“Loadsmart is one step closer to becoming the go-to platform for intelligent logistics execution,” said Felipe Capella, co-founder and president at Loadsmart. “Through direct integrations with leading transportation management systems, port terminals and now warehouse management systems, we have programmatically wired a big part of the supply chain to arm shippers with the real-time execution and visibility they need.”

Transparent and accurate data helps shippers proactively and effectively manage transportation costs and outcomes. By gaining increased transparency, shippers can develop a transformative and timely strategy for the organization.

“We want to empower planners and logistics professionals on the customer side to be 10 times more efficient than before. Giving them the ability to work with a single vendor for executing and tracking their multimodal shipments makes their job that much easier, especially when many are still working from home.” Capella added.

Traditionally, obtaining visibility from the warehouse through the rest of a shipment’s life cycle has been a challenge for 3PLs and their shipper customers, due to the sheer variety of warehouse management system (WMS) vendors. To address these inefficiencies, Loadsmart’s Multimodal Services offering is designed to be warehouse agnostic. Warehouses can now opt to integrate their WMS with Loadsmart, or alternatively, use Loadsmart’s free web-based platform to manage containers, assign goods to trailers and arrange inland pickups. All of this can be done by simply logging on to a web interface — no integration required. 

Growing customer expectations for increased speed and transparency have made reducing complexity and improving efficiency an imperative for modern supply chains. Nowhere is this more apparent than for multi-modal shipments, where shippers are forced to navigate a tangled web of different vendors and technologies. With its Multimodal Services offering, Loadsmart is uniquely positioned to transform the way companies manage their multimodal freight, offering a single source for shipment execution and unparalleled visibility from the port to the final destination.

Ready to learn more? Contact us at sales@loadsmart.com

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

Maddie GrahamLeave a comment

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

freight25

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.

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

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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>>

 

C.H. Robinson is Buying Freightquote.com For $365 Million

loadsmartLeave a comment

The third party logistics company C.H Robinson has reached an agreement to buy Freightquote.com for $365 million in cash. Lets see what concept gets you $365 million.

Freightquote.com Facts

-It took 15 years to get to where they are

-“Quotes from the best carriers with the lowest rates, instantly.”

-Privately held, Freightquote.com is one of the largest internet- based freight brokers in the U.S.

-They have about 1,000 employees

-Freightquote.com provides truckload, less-than-truckload and intermodal services to about 80,000 customers

-It’s net revenue this year is estimated at $124 million

-Freightquote.com allows smaller businesses the technology to find good rates and has easy load acceptance and payment processing.

Nasdaq>>

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FedEx Freight Locations: To Join The Union or Not?

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With 222 drivers the Charlotte, North Carolina Fedex Freight location has the largest amount of drivers. This location has just voted to join the union, altering the number of unionized FedEx Freight drivers to 400 drivers. These drivers come from just three FedEx Freight locations. FedEx Freight has not been shy about its anti-union beliefs saying that workers and management should discuss issues directly. The National Labor Relations Acts specifies that voting on union representation has to occur terminal by terminal and not across an entire company. Three locations have approved unionization, two locations have rejected it and teamsters has withdrawn petitions at three locations. FedEx Freight has 355 locations.

DC Velocity>>

Effects of Fracking on Freight Transportation

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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>> 

Shippers using the spot market poorly

loadsmartLeave a comment

Attention Shippers, the price of transportation is going up for multiple reasons but if you could do something to lower those prices wouldn’t you? Shippers are impairing themselves in the spot freight market. Most shippers release their list of loads to all of the brokers they know looking for the best options. What shippers are actually doing is creating more options for drivers that are not actually there.This creates a hyped up demand for trucks and drivers that are not actually there. (Now we all know there is a huge demand for drivers as a whole, I am addressing the spot market specifically). As this “demand” increases truckers expect higher prices. As the trucking industry evolves the hassle of trying to find trucks for your loads will become easier but for now trying to stop going to multiple brokers, know where the smartest and quickest way to gain access to truckers at low prices are and stop creating false demand that raise prices. Shippers and truckers for more info go to Inbound Logistics>>

Shippers and 3PL’s: LTL Rates on the Rise how to deal with it

loadsmartLeave a comment

Carriers and truckers are in demand and LTL rates are going up . Although it’s fair, how should shippers and third party logistcs manage?

Shippers and Logistics Quick Guide on how to deal By EFT

1. Negotiate with the carriers
2. Avoid spot quotes
3. Carrier selection
4. Use a transportation management system
5. Improve packaging
6. Freight class analysis
7. Change shipping mode
8. Eliminate and consolidate
9. Longer transit times
10. Hire Third Party Logistics

For specifics go to EFT>>

Freight Brokers- making sure you’re loading smart.

loadsmartLeave a comment

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>>