Preparing for Capacity Constraints as the Market Rebounds
The freight market remains in flux as supply chains shift to address demand volatility triggered by the COVID-19 pandemic. While the unprecedented drop experienced during the first half of 2020 makes forecasting the recovery more difficult, some industry experts suggest factors are pointing to capacity constraints as the market stabilizes.
As a result of this economic downturn and COVID 19, there is very little truck movement across the country, and it is undetermined the true impact on carrier capacity and how the market will respond. This TIA Lunch & Learn Web Seminar recording is focused on the factors that would likely have an impact carrier capacity over the next several months, such as the aging driver population, shortage of new drivers and drivers who are taking themselves out of the driver pool through COVID-19.
It’s not surprising that in our annual survey of logistics and transportation professionals, they continue to rank visibility as the most important capability needed for successful transportation management. Real-time freight visibility is vital for a transportation team seeking to improve service and performance in today’s volatile, consumer-driven market.
Keys to a Successful Real-time Freight Visibility Implementation
As supply chains grow more complex, transportation professionals are being challenged to operate more efficiently. Consequently, best-in-class organizations have embraced real-time capabilities of supply chain visibility to improve their performance.
Freight Broker TransAm Logistics Deploys New Capacity Matching Solution
TransAm Logistics is a full truckload transportation provider servicing all 48 states. The company supports all shipping needs from LTL, truckload, refrigerated, air, intermodal and flatbed, and is focused solving the challenging trucking logistics issues faced in all economic climates through innovative technology, commitment to our customers and industry experience. Descartes MacroPoint™ Capacity Matching is an example of the kind of innovative technology TA Logistics has deployed.
Dupré Logistics Selects Descartes MacroPoint™ to Provide Freight Visibility in Support of Growth
WATERLOO, Ontario, Aug. 08, 2018 (GLOBE NEWSWIRE) — Descartes Systems Group (Nasdaq:DSGX) (TSX:DSG), the global leader in uniting logistics-intensive businesses in commerce, announced that Louisiana-based Dupré Logistics has selected the Descartes MacroPoint freight visibility solution to support the aggressive growth of its brokerage division.
5 Ways to Justify a Real-time Visibility Initiative
Visibility has long been a priority for supply chains teams. In fact, based on the Descartes/DC Velocity 2018 Annual Transportation Benchmark study, 67% of shippers ranked visibility as a critical capability to run effectively. Traditionally, the challenge has been to translate visibility initiatives into tangible business benefits, going beyond the transportation team and extending the value across the enterprise.
Adrian Gonzalez with Talking Logistics Discusses Capacity Matching with Dan Cicerchi
Adrian Gonzalez with Talking Logistics discusses Descartes’ new capacity visibility capabilities with Dan Cicerchi, VP Descartes MacroPoint. The new Descartes MacroPoint™ tool will let freight brokers know as far as three days in advance which trucks will be available to move their customers’ loads. The conversation covers the industry need for real-time capacity matching, unique aspects of the Descartes MacroPoint solution, what makes the technology possible today, and the benefits to freight brokers and their customers of using data to predict capacity availability.
3 Critical Requirements in a Digital Freight Matching Solution
During my recent customer visits and conversations at industry trade shows, it was apparent that capacity issues are still top-of-mind for freight management professionals. One indicator is the increased buzz around digital freight matching or capacity matching solutions. Faced with continuing constraints, companies need more flexible options to find capacity in a dynamic transportation environment, where customers need to reduce cycle times and are demanding more visibility.
Data Sharing, Visibility Drives the Future of Load Tendering
When a shipper posts a load to move from one place to another, it sets in motion a chain of events that is necessary to make that final delivery. Along the way, there are many processes involved, none more so than the tendering process. In years past, a series of phone calls was required to move a load. That changed over the years with technology, first the fax and then email, but even today, load tendering still requires a manual process to some extent.
BASF has been using a real-time visibility solution from MacroPoint, a Descartes company, to improve their delivery reliability as well as improve the productivity of the transportation providers they use to service the North American market. But implementing great technology is not enough. Getting the most out of software also requires dealing with both internal and partner cultural issues and improving processes. According to Bill Wehrle, the Director of Supply Chain for isocyanates and inorganics in BASF’s Monomers strategic business unit, the journey that BASF has been on to improve their supply chain’s reliability started eight years ago.
Covenant Transport Solutions: Meeting Customer Expectations for Real-time Freight Visibility with Descartes MacroPoint™
Covenant Transport describes how the Descartes MacroPoint freight visibility solution was a game-changer in terms of providing Covenant with the ability to provide its customers with real-time data on the constant movement of freight.
BASF Uses Real-time Visibility to Drive Supply Chain Excellence
BASF uses real-time visibility to improve their service capabilities. They implemented a solution from MacroPoint, a Descartes company, to improve their delivery reliability as well as improve the productivity of the transportation providers they use to service the North American market. But implementing great technology is not enough. Getting the most out of software also requires dealing with both internal and partner cultural issues and improving processes. According to Bill Wehrle, the Director of Supply Chain for isocyanates and inorganics in BASF’s Monomers strategic business unit, the journey that BASF has been on to improve their supply chain’s reliability started eight years ago.
Descartes Unveils Platform Giving Brokers Capacity Visibility 2 to 3 Days in Advance
Logistics IT provider Descartes Systems Group Inc. is piloting a capacity visibility tool it says will let freight brokers know as far as three days in advance which trucks will be available to move their customers’ loads. The platform is leveraging the pick-up and delivery patterns of the 115,000 carriers connected to the database of the former MacroPoint, LLC, which Descartes acquired last August for $107 million in cash and stock. MacroPoint is considered the pioneer in truck tracking services where the status of approximately 2 million trucks and drivers are connected through electronic logging devices (ELDs), GPS-enabled smartphones, mobile phones, and transportation management systems (TMS).
Where’s That Shipment? Shippers Demand Precise Load Tracking to Improve Supply Chain Operations
The bar has been raised for freight visibility. Shippers are demanding more precise information about the location and status of their shipments, and transportation and logistics providers said they are using multiple load-tracking platforms to collect and share that information. Shippers want regular updates on arrival times as well as status events.
ERoad, a provider of fleet management, electronic tax reporting and ELD compliance solutions for the transportation industry, has announced integration with the Descartes MacroPoint multi-modal supply chain visibility platform. ERoad said the integration will allow their customers to share real-time visibility with shippers while reducing the costs of satisfying the growing shipper demands for visibility and status alerts.
Four Reasons Why Freight Visibility Should Be a Top Focus
Despite the immediate benefits to the supply chain, there is still a lack of knowledge about the competitive advantages of real-time freight visibility. As the supply chain becomes exponentially more complicated, the importance of freight visibility increases due to its ability to provide real-time insight into the location and status of freight.
WATERLOO, Ontario, Aug. 15, 2017 (GLOBE NEWSWIRE) — Descartes Systems Group (TSX:DSG) (Nasdaq:DSGX), the global leader in uniting logistics-intensive businesses in commerce, announced that it has acquired MacroPoint, LLC, an electronic transportation network providing location-based truck tracking and predictive freight capacity data content.