The Internet of Things is Driving Transportation in 2017

Outlook for Freight Brokers, 3PLs Strong Amid Change

The trucking and transportation industries are experiencing drastic makeovers – slightly behind schedule.

Even in today’s inter-connected age, the $700 billion trucking industry relies largely on old school paper and phoning processes to complete transactions. The Internet of Things is changing that.

IoT is a big Thing

2017 may prove to be the year trucking fully embraces the Internet of Things (IoT). An estimated 7 billion devices are currently connected to the internet worldwide, with that number expected to reach 20 billion by 2020.

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The High Cost of Clutter

Clutter is Costing you Money (and Sanity)

Going Paperless Can Boost Profits

All other things being equal, disorganization will always put an organization at an organizational disadvantage.

Let me re-state: Get organized or lose money.

In a 2010 study, Brother International estimated U.S. corporations lose $177 billion annually due to office clutter and disorganization. That figure accounts for time spent searching for misplaced paper documents, file folders, and personal items. Messy desks and banks of metal filing cabinets form sturdy foundations for cluttered workspaces. Offsite document storage represents a separate expense. The Brother report concludes the average professional wastes nearly two weeks per year – looking mostly for paper!

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3 Major Challenges (And Tech Fixes) For Freight Brokers in 2017

Trucking is changing at a dizzying pace, and 2017 is sure to add more chaos and confusion. Automated trucks are on the horizon, Electronic Logging Devices (ELDs) will soon be the law (or perhaps not), and a wave of technology is disrupting transportation logistics in ways both positive and perplexing. The role of the Broker/Third party logistics provider (3PL) in today’s transportation landscape is in flux. But 98% of 3PLs agree improved data-driven decision-making is essential to long-term success (Source: Supply Chain Management Review).

Here are three major challenges Brokers still face these days, along with some tech fixes that can alleviate the pain.

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Hanjin Bankruptcy Fiasco May Accelerate Rate Spike Amid Fresh Concerns Over Freight Visibility

Shippers across America and the globe are still grappling with the direct – and ripple – effects of the Hanjin Shipping bankruptcy fiasco. In addition to accelerating a likely freight rate spike and capacity shortage by this Christmas, the collapse of the world’s seventh largest container line serves as a dose of cold sea water to companies who value transparency, visibility, and accountability from firms that move their goods.

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Use Cases – The Food Industry

The grocery business operates on the thinnest of margins, leaving no room for waste. From wilted lettuce to bloated supply chains, revenue can vanish in a hurry.

Why Virtual Freight Management?

VIDEO: Why Virtual Freight Management Rick Burnett, LaneAxis CEO & Founder, discusses the urgent need for Virtual Freight Management:

The Evolution of Modern Trucking

Since the early 20th century, trucking has emerged as the lifeblood of the American economy. The creation of interstate highways in the 1950s cemented Trucking’s elite status as the main mover of goods across the country. The road hasn’t always been smooth. From the beginning, government regulations have been a source of constant controversy and […]

Virtual Freight Management: A Healthy New Logistics Option for Medical Devices, Pharmaceuticals, and the Cold-Chain

Moving high-dollar, time-sensitive, fragile freight is a critically important task for many businesses. Some sectors, particularly in the life sciences, medical device, and pharmaceutical industries, require particularly tight oversight and control over their shipments – especially those traveling along the cold chain. Today, that oversight and control is often limited, costly, and disparate.

Virtual Freight Management (VFM) offers a complete and extremely cost-effective solution to most, if not all of these challenges.

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LaneAxis Featured in “Transport Topics”

Transport Topics, a leading print and online periodical covering the Trucking and Freight Transportation industries, highlighted LaneAxis in its March 28 issue.

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What is Virtual Freight Management? (VFM)

Virtual Freight Management (VFM), being a relatively new term, is still open to varying definitions.

Generally speaking, VFM refers to completely cloud-based programs that, at minimum, allow oversight and some level of control over freight movement along the supply-delivery chain.

As pioneers of this concept, LaneAxis™ takes Virtual Freight Management to the ultimate level – delivering not just some cloud-based control and oversight over freight – but total and direct control. This virtual solution gives real power to Shippers, Carriers and Drivers to plot their own logistics strategies and form profitable alliances directly with each other.

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