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How technology is helping freight brokers find capacity
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Tech helps freight brokers find hidden capacity
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Manifest Welcomes 25 New Speakers to Its Program
Share Article NEW YORK (PRWEB) May 06, 2021 The Manifest team is excited to welcome 25 new, world class speakers for its one of a kind January event. The newest speakers represent a great showing of tremendous technology leaders and shippers from different verticals and sizes. New to the Manifest stage are: Alexei Andreev, Managing Director & Co-Founder, AutoTech Ventures Ferry Bakker, Corporate Vice President, International Supply Operations LHC, Henkel Jenny Bebout, Founder, Convey Tanja Dysli, Head of Logistics, IKEA Emily Fan, VP, Supply Chain & Operations, Madison Reed Tom Galluzzo, CEO & Founder, IAM Robotics Todd Greener, SVP, Global Supply Chain, Foot Locker
Feb 25, 2021
New freight bidding tools are helping carriers of all shapes and sizes operate at scale to find more contract opportunities.
The spot market has been transformed by digitization. Shippers, third-party logistics (3PL) providers and motor carriers are using the latest technology to stay connected and share real-time visibility of available loads, capacity and pricing.
Spot market transactions account for a fraction of total freight volume, however. Freight procurement is and always has been a much larger opportunity for digital transformation. Here’s why: On average, about 80% to 90% of shipments go through a freight procurement process known as a freight bid or request for proposal (RFP).
Jul 17, 2020
During the turmoil of 2020, a number of shippers, carriers and 3PLs say they have not only survived but have used it as an opportunity to come out ahead.
This is the second installment of a two-part series on how the free market responded to the COVID-19 crisis. Part 1 explored pricing volatility experienced by carriers, 3PLs and shippers. This article delves into the hot-button issue of rate transparency.
When negotiating rates, shippers, 3PLs and carriers have access to the same data to track and monitor trends in contract and spot freight markets. The information gives all parties a baseline for rate negotiations and strategic planning.
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