The logistics sector is experiencing significant transformations owing to the fast-paced change in customer habits and preferences. Businesses are investing in freight management technologies more than ever as crises like the pandemic have exposed the gaps and pain points in the logistics industry that are yet to be addressed.
Luckily, artificial intelligence (AI) is helping shippers and carriers to close these significant holes in their data operations and intelligence. AI tools are allowing shippers to better view the marketplace in real-time and make informed tender decisions. Also, with the ability of AI to break down organizational data silos, this tool is facilitating smarter and more efficient information sharing between every arm of shipper’s operations. Moreover, users can allow analysts and procurement teams to seamlessly share insights about what is working and then tailor efforts to deliver on goals.
Another exciting freight technology today is the use of internet of things (IoT). By connecting freight and truck parts to drivers, and in turn, the drivers themselves to fleet management, the IoT sensors are serving as a centralized network that records data in real-time. The data gathered are also being used for predictive and reactive analysis to prevent theft or package loss, along with providing valuable data for customers to track where their packages are at all times.
At this juncture, there is a variety of freight management solution providers that are entering the market to cater to the different needs in the logistics domain. To help them choose the solution that best fits their requirement, Logistics Tech Outlook has compiled a list of freight management solution providers. Besides, the magazine also comprises insights from thought leaders in the sector on the industry trends, best practices, recent innovations, and their advice for aspiring CIOs.
We present to you Logistics Tech Outlook’s “Top 10 Freight Management Solutions Providers – 2022.”