Tech narrows delivery windows for complex less-than-truckload loads While Amazon (NASDAQ: AMZN) and its shipping partners like UPS (NYSE: UPS) and FedEx (NYSE: FDX) are able to tell customers where their package is at all times, the reality for most...
As complex as the world of freight logistics is, at a high level carriers offer just two fundamental types of services: full truckload (FTL) and less-than-truckload (LTL). FTL shipments are just what they sound like – one shipper filling an entire semi- or intermodal...
Chicago-based FourKites, a provider of real-time tracking and visibility solutions across transportation modes and digital platforms, announced today it has introduced a new offering, entitled Dynamic ETA for LTL, that is geared towards shippers, carriers, and 3PLs,...
Recently, FourKites’ CEO Matt Elenjickal joined Michael Watson of Opex Analytics, Ted Stank of the Global Supply Chain Institute and Helen Atkinson of Supply Chain Brain to talk about how going back to basic supply chain principles like the bullwhip effect can help...
Data science breakthrough enables LTL shipment tracking, with 6x more accurate estimated arrival times. CHICAGO — June 2, 2020 — FourKites®, the #1 real-time supply chain visibility platform, today introduced Dynamic ETA for LTL. For the first time, shippers, carriers...
The slow, staggered reopening of the US economy is rebalancing trucking demand and supply, as capacity shifts from spot load boards to newly available contract freight. That is gradually pushing truckload spot rates higher, according to load board operator DAT...
Economic green shoots are beginning to sprout from the depths of the COVID-19 recession, as the spring produce season generates shipping demand across a swathe of US states. That’s pushing spot market rates and demand for refrigerated and dry-van trucking equipment...
High demand driven by the coronavirus pandemic has distributors seeking rapid adjustments, real-time ‘visibility’ to keep goods moving. Technology designed to streamline supply chains in a prepandemic world is helping businesses cope with coronavirus-driven upheaval,...
Nothing is business as usual right now. As the market for non-essential products and services has declined, we’ve seen a boom in demand for materials like food, packaged goods and medical supplies. As a result, some of the world’s largest essential...
