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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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