Complexities Triggering Technological Advancement in Transport & Logistics

Kutubkhan Bohari | July 12, 2022 | 1444 views | Read Time : 01:45 min

Complexities Triggering Technological
Over the past decade, transportation and logistics have witnessed an immense transformation, from using automotive vehicles to drones and paper tags to advanced geotags. Also, the introduction of novel technologies and incorporation of innovative solutions such as artificial intelligence and blockchain has further reshaped the sector.


How is Rising Complexity Triggering the Adoption of Novel Technologies?

Today's supply chain is, in a word, complex. It has so many complexities, from ever-rising consumer expectations and disruptive events to globalized sourcing and omnichannel demand, that it is now being compared to a modern-day Gordian knot. With complexity comes ambiguity, particularly in the transportation and logistics industry.

For instance, importers are expected to find cost-effective and efficient ways to transport goods from manufacturing facilities, which are frequently located halfway around the world, to distribution centers and then, ultimately, into the hands of consumers.  In addition, e-commerce has further added to the complexity by introducing new channels into the jumble along with the introduction of same-day or next-day delivery standards with higher transparency and tracking features by leading players such as eBay, Walmart, and Amazon Here are a few prominent technologies assisting logistics companies to counter these complexities.


Data Analytics

Big data analytics aids in the more accurate and efficient planning of operational processes, services, and strategies, allowing businesses to align with emerging consumer needs.


Artificial Intelligence (AI) and Machine Learning

AI and Machine Learning have become the most sought-after tech in the transportation food chain. It assists businesses in enhancing operational functionality, boosting productivity and speed, designing optimal transit networks and routes, and improving safety through predictive risk calculation and elimination.


The Internet of Things (IoT)

With the rising need for transparency and tracking of shipped goods, IoT is garnering immense popularity across the transportation and logistics sector. It enables businesses to monitor and track their goods in real-time with the help of geo-tagging, RFID tags, and GPS, resulting in fewer delays in deliveries.

Spotlight

Keltic Transportation & Logistics

Keltic Transportation & Logistics is a top tier, full service, asset based transportation solutions provider located in Moncton NB, Mount Pearl, NL and Oakville ON. Since our inception back in June, 1997, Keltic has quickly matured into a top tier, full service, asset based transportation solutions provider. Starting with five employees; our owner Noel Mullins, our current VP of Trucload Operations and Logistics Chris Steeves, and 3 drivers, our initial focus was as a full load refrigerated carrier. We eventually expanded into flat bed and then the dry van business.

OTHER ARTICLES
SOFTWARE AND TECHNOLOGY,LOGISTICS

Cloud Technology: A Game Changer in the Logistics Sector

Article | July 8, 2022

The logistics sector is experiencing a significant technological shift similar to that of all other industries due to the growing need for remote work solutions. Social networking, the Internet of Things (IoT), cloud-based logistics, and other technological advancements are reshaping the logistics industry and moving it in a new direction. Additionally, the supply chain and logistics as a whole are greatly influenced by factors like transportation and digital transformation. Modern digital technology is fundamentally altering how various sectors function. Increased connectivity amongst the people has also increased the needs of customers, created new purchasing habits, and gave birth to an entirely new industry as a whole, e-commerce. The Shift Towards the Could Technology Over the past few years, the transportation and logistics industry has witnessed a shift towards digitization as more and more people have access to the internet and computer for day-to-day work. From online grocery stores to local delivery apps and even on-demand airport shuttle services, the adoption of cloud technologies has given a viable solution to customers and businesses at a lower cost than before. As a growing number of businesses reevaluate their use of innovative technologies, cloud computing is becoming an increasingly serious and practical choice. The cloud is of significant use in the world of freight transportation and logistics, as it stores crucial shipping information that can be accessed at any time via transportation management systems from anywhere. The technology is emerging as a game changer for the businesses operating in the logistics industry. Here is a list of benefits cloud technologies offer: Logistical space planning Real-time package updates Leverage artificial intelligence (AI) and machine learning (ML) Vehicle health monitoring E-ticketing management Final Thought Cloud-based solutions have enormous potential to improve operational and financial efficiency in the transportation and logistics industry. Some facets of cloud-based solutions also have the ability to transform the overall shipping experience altogether. Assessing the merits of this technology, a large number of leading businesses are incorporating it for applications such as fleet-specific planning, shipment optimization, faster delivery, and others. In the coming years, cloud-based solutions are likely to become very popular in the supply chain industry as they keep getting better.

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SOFTWARE AND TECHNOLOGY,LOGISTICS

Autonomous Robots: The Future of Warehousing & Logistics

Article | July 16, 2022

Autonomous robots have transitioned from a futuristic system that only a few enterprises could afford to a sustainable, well-established solution in a wide assortment of warehouse automation projects in recent years. With the flourishing transportation and logistics industry and increasing e-commerce penetration worldwide, innovative technologies are revealing promising opportunities throughout the supply chain. Warehouse Automation: Driving Value in the Supply Chain Historically, autonomous robots have been used to perform tedious and repetitive tasks, necessitating sophisticated programming for setup and incorporation while lacking the dexterity to easily adjust operations. As autonomous robots become more intelligent, their setup times decrease, they need less monitoring, and they are able to work alongside their human counterparts. The benefits for the future supply chain are increasing as autonomous robots become more capable of working day and night with more consistent levels of productivity and quality and performing tasks that individuals should not, cannot, or do not want to do. Autonomous robots drive advancements and add value to the supply chain, primarily by increasing revenue potential and lowering direct and indirect operating costs. Autonomous robots, in particular, can assist: Boost efficiency and productivity. Lower risk, error frequency, and rework rates. Enhance employee safety in high-risk workplaces. Handle low-value, routine tasks so people can work together on strategic projects that can't be done by machines. Raise revenue by optimizing order fulfillment rates, and delivery speed, and, ultimately, increasing customer satisfaction. Sneak Peek into the Future of Autonomous Robot Autonomous robots are expected to witness strong growth in the coming years. These robots will become more common in the future supply chain as technology advances, allowing them to operate with more human-like abilities. Improvements in haptic sensors, for example, will enable these robots to grasp objects varying from multi-surfaced metal assembly parts to fragile eggshells without requiring changes to robotic components or programming. This will encourage companies operating in the industry to increase their research and development activities and introduce innovative and advanced supply chain technologies.

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SOFTWARE AND TECHNOLOGY,LOGISTICS

Predicting the Future of the Logistics Industry

Article | July 20, 2022

Introduction From warehouse robots to delivery drones, the supply chain is experiencing a tremendous upheaval. AI promises a totally autonomous and self-organized future supply chain. A fleet of vehicles utilizing a swarm algorithm can enhance cargo yard throughput; a trusted peer-to-peer ledger on blockchain architecture could change compliance in the sector; and wearables, mobile robotics, and machine learning technologies could speed up order fulfilment. IOT e-brokerage solutions can link shops to couriers and transporters with a click. Tomorrow's supply chain will be leaner, quicker, and self-organized. A few innovative technologies will fuel this unparalleled rate of change over the next 15 years. Here are the major technologies that are shaping the future of the logistics industry. Logistics Technologies for the Future Shipment Tracking Systems Previously, customers ordered shipments, had an anticipated arrival date, and then were kept in the dark until they chose to call. Customers can now access shipping and tracking systems around-the-clock due to developments in the internet and software. This not only enhances the customer experience (cx), but it also saves the business time and money. Internet of Things (IoT) The IoT reduces costs and delays by minimizing hazards in the supply chain. Cabs, cargo ships, trains, etc., have sensors that link to an alarm system or dispatcher. These sensors analyze and communicate information to the crew, who learns about hidden threats. IoT isn't a new technology, but it continues to influence logistics by improving in-transit visibility and delivery. Radio Frequency Identification (RFID) RFID technology has been used for a few years to monitor inventories labor-efficiently. A product tag or sensor produces radio waves. The company processes the data. RFID tags are similar to barcodes, but their faster information transport and data processing appeal to companies and the direction of technology. Many organizations use RFID tags to track containers in warehouses. Enhanced GPS Accuracy Almost everyone utilizes GPS on their vehicles or smartphones. These devices' accuracy has improved over time, assisting lost drivers and enhancing the supply chain. By monitoring truck locations and boosting hauls with current traffic data, GPS increases efficiency and customer satisfaction. Closing Lines Unprecedented times have produced unprecedented transformations that will last for generations. Changing demographics, technology improvements, and COVID-19 impacts are altering global supply networks. We must understand the driving factors and act on what we learn to adapt and rise to the situation. For the sake of our current workforce and future generations.

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SUPPLY CHAIN

Purchasing vs. Supply Chain Management software

Article | June 29, 2022

Purchasing software and supply chain management software are often mistaken for one another, but both have distinct functionalities. While purchasing software automates the procurement process, supply chain management software executes logistical transactions and manages supplier relationships. This report identifies the similarities and differences between the two software categories to help you understand which one is better suited to your needs. What is purchasing software? Purchasing software is an online tool that allows businesses to automate the process of procuring goods and services. It includes security compliance and reporting features. Purchasing solutions offer integrated tools for invoice approval, inventory control, asset management, customer service, and work order management. They help manage contracts, analyze spending, track sales deliveries, and monitor inventory levels. They also assist in identifying bottlenecks in the purchase process, such as functions that have high expenditure. Purchasing software offers invoice processing capabilities as well. Procurement professionals and accounting teams can use the tool to generate invoices, track invoice status, and monitor expenses via detailed reports. What is supply chain management software? Supply chain management software is a software platform that allows supply chain managers to automate the entire supply chain process—from acquiring raw materials to delivering the finished goods to consumers. The software provides tools for monitoring stock levels, including raw materials, and predicting future requirements based on the current inflow and outflow of inventory. Supply chain management tools manage material handling, order fulfillment, and information tracking for stakeholders such as manufacturers, suppliers, and transport and logistics providers. They also track the returns of damaged goods, process refunds and insurance claims, and provide planning and forecasting tools for supply chain professionals. What do they have in common? Purchasing is a crucial component of supply chain management. Together, these processes significantly contribute to an organization’s procurement cycle. Despite the functionality differences, both the software categories have a few features in common, including supplier management, order management, and forecasting. Which tool is right for you? The answer to this question depends on your use case. If you’re looking for a tool that majorly focuses on acquiring supplies, opt for a purchasing software solution, as it will help you streamline the procurement cycle, maintain purchase order accuracy, and monitor supplier activities. However, if you wish to manage your entire supply chain operations, including supplier, transportation, warehouse, and inventory management, then investing in a supply chain software solution would be the right choice.

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Spotlight

Keltic Transportation & Logistics

Keltic Transportation & Logistics is a top tier, full service, asset based transportation solutions provider located in Moncton NB, Mount Pearl, NL and Oakville ON. Since our inception back in June, 1997, Keltic has quickly matured into a top tier, full service, asset based transportation solutions provider. Starting with five employees; our owner Noel Mullins, our current VP of Trucload Operations and Logistics Chris Steeves, and 3 drivers, our initial focus was as a full load refrigerated carrier. We eventually expanded into flat bed and then the dry van business.

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SOFTWARE AND TECHNOLOGY,LOGISTICS

Stord Expands Capabilities to Enable Port-to-Porch Logistics for Brands Through a Single Partner

Stord | August 12, 2022

With recent additions to its supply chain offering—namely drayage, e-commerce returns, custom packaging, and temperature-controlled fulfillment—Stord announces it can support DTC, B2B, and omnichannel brands for their complete, port-to-porch supply chain needs. Now, brands can access Stord's best-in-class logistics combined with the integrated technology they need to connect, orchestrate, and optimize their entire supply chains—all through a single partner. Today's brands continue to struggle with the challenges posed by disparate logistics partners and disconnected technologies—slowing growth, hindering the customer experience, and creating massive operational burden and inefficiencies. By centralizing the entire supply chain experience, brands are able to unlock the connectivity, visibility, and optimization required to have a meaningful impact on their business. DTC, B2B, and omnichannel brands can use Stord to assemble the right solution for their business needs by accessing any or all of the following services—all managed through Stord's new vendor- and sales-channel agnostic Stord One Commerce* software platform. Drayage Full truckload (FTL) and Less-than truckload (LTL) freight transportation B2B warehousing and fulfillment B2C warehousing and fulfillment Temperature-controlled warehousing, fulfillment, and TL reefer* Custom packaging Parcel shipping with discounted rates Retailer compliance prep Value-added services (VAS), like kitting, labeling, etc. Returns Stord's drayage and transloading capabilities allow brands to have their containerized product moved from a U.S. port to any facilities—whether it's in the Stord network or not—with real-time freight management and support from dispatch to delivery. Stord also added custom packaging and printed products, as well as packaging engineering and development capabilities, to its fulfillment operations to improve the customer experience for brands, drive sustainability, and reduce total landed cost. And to support an order's complete lifecycle, Stord now supports e-commerce returns handling to manage receiving and disposition processing of returns at the warehouse, ensuring product is either returned to sellable inventory or properly disposed. "When today's brands try to make impactful changes to their supply chains, they're severely limited due to too many partners and siloed systems,By bringing more parts of the supply chain under the Stord domain, brands can manage the entire process, from port to porch, all through a single partner." -Sean Henry, CEO and co-founder of Stord. Today's announcement underscores Stord's continued momentum and comes on the heels of launching its Stord One Commerce software, announcing temperature-controlled logistics in collaboration with Fresh Del Monte, increasing its network capacity, and extending its Series D round to over $200M in funding at a valuation of $1.3B with a new investment led by Franklin Templeton. To learn more about Stord's Cloud Supply Chain approach, visit stord.com. About Stord Stord is the leading Cloud Supply Chain provider enabling companies to compete and grow with world-class logistics—including warehousing, freight, and fulfillment—in a single, integrated platform that's available exactly when and where they need it. Hundreds of B2B and B2C companies like BODYARMOR, Native, Tula, Advance Auto Parts, Thrasio, and Dollar General use Stord to make their supply chains perform with the speed, flexibility, and ease of the cloud. Led by former operators from Amazon, XPO, and Manhattan Associates, Stord is headquartered in Atlanta and backed by leading investors, including Kleiner Perkins, BOND, Franklin Templeton, Founders Fund, Lux Capital, D1 Capital, Salesforce Ventures, Susa Ventures, and Lineage Logistics.

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TRANSPORTATION

48forty Solutions Joins U.S. EPA SmartWay® Transport Partnership

48forty Solutions | September 23, 2022

48forty Solutions ("48forty") is proud to announce that it recently joined the SmartWay® Transport Partnership ("SmartWay"). SmartWay is an innovative collaboration between the U.S. Environmental Protection Agency (EPA) and industry that provides a framework to assess the environmental and energy efficiency of goods movement supply chains.Through the partnership, 48forty will contribute to SmartWay’s existing savings of 336 million barrels of oil, $44.8 billion on fuel costs, 143 million metric tons of carbon dioxide, 2.7 million short tons of nitrogen oxide and 112,000 short tons of particulate matter. This is equivalent to eliminating annual energy use in over 21 million homes. “Our commitment to sustainability is an essential component to servicing our customers’ pallet and supply chain needs,Our environmental priorities include creating a more efficient fleet by optimizing truck routes to reduce fuel consumption.” -Andrew Gerrard, director of transportation at 48forty. In joining the SmartWay partnership, 48forty demonstrates its strong environmental leadership and corporate responsibility,” said Jon Heyler, executive vice president at 48forty. “This is an important piece in strengthening our environmental commitment and expanding our environmental, social and governance programs. Launched in 2004, SmartWay provides its nearly 4,000 shipper, logistics companies, truck, rail, barge, and multimodal carrier partners with tools and approaches to track and reduce both emissions and fuel use from goods movement. For more information about 48forty, visit www.48forty.com. For information about the SmartWay Transport Partnership visit http://www.epa.gov/smartway. About 48forty Solutions 48forty Solutions is one of the largest pallet management services companies in North America, with a national network of over 245 facilities, including 68 company-owned and operated pallet recycling plants, 160 onsite locations, 11 reverse logistics centers, 5 sorting centers, and more than 850 service providers. 48forty provides end-to-end pallet solutions from supply to retrieval, recycled, new and custom pallets, and reverse logistics services. We also operate one of the nation's largest private fleets of more than 7,500 trailers and 500 tractors. 48forty is backed by Summit Partners and Audax Private Equity. For more information, visit www.48forty.com or follow us on LinkedIn. About SmartWay Transport Partnership SmartWay was established in 2004 with 15 Charter Partners and pioneered freight carbon accounting and emissions reduction strategies for carriers and shippers. They have since grown and now work with over 3,800 partners across North America. SmartWay focuses on providing a well-recognized system for tracking, documenting, and sharing information about fuel use and freight emissions across supply chains. SmartWay is continuing to grow, and just recently made its way into Mexico in 2017. SmartWay prioritizes the protection of the environment above all else. For more information, visit https://www.epa.gov/smartway.

Read More

SOFTWARE AND TECHNOLOGY,LOGISTICS

3T-FourKites Partnership Offers Enhanced Cost and Sustainability Benefits to Customers

3T and FourKites | August 24, 2022

Leading real-time supply chain visibility platform FourKites® announces that its carrier data will be used to enhance 3T’s global digital transport platform.The deal will give 3T’s shipper customers access to FourKites’ supply chain visibility data, bringing them powerful flexibility in the way they use carriers, thereby reducing costs and improving sustainability initiatives. “FourKites’ broad coverage of carriers in Europe allows us to give our customers a more comprehensive shipment visibility offering as part of our digital transport management software,That gives them more flexibility in the carriers they can work with, keeping both costs and carbon emissions down.” -Rob Hutton, Group Sales and Marketing Director at 3T 3T is a UK-based global SaaS digital transport platform provider, whose transport management solutions dovetail neatly with FourKites’ supply chain visibility offering. 3T’s pioneering cloud-based platform provides a seamless shipper/carrier ecosystem with functionality including transport assignment, rate management and tendering, as well as automatic carrier allocation. It also facilitates supply chain collaboration by enabling AI-driven dynamic planning and execution across multiple accounts, harnessing real-time data to reduce empty running of vehicles. FourKites is the market leader in real-time, end-to-end supply chain visibility, extending visibility beyond transportation into yards, warehouses, stores and more. The companies’ combined offering signals a paradigm shift in 3T’s ability to not only know the status and position of every shipment, but to also dynamically react to changes from plan. “Giving 3T customers access to FourKites data will allow them to make better decisions, optimising the way they use carriers,That has cost benefits for them, it improves their service to customers with almost no administrative work required, and it gives them the most accurate estimated times of arrival available in the market today. We are thrilled to be working together with the 3T team to better support their customer base.” -Marc Boileau, Senior VP of Sales and Carrier Operations at FourKites Europe. Carbon reductions 3T already gives customers multiple options to capture carrier data. However, with the addition of FourKites’ real-time supply chain data, 3T customers will now have all the data necessary to complete their operational visibility picture and ultimately help them reduce both carbon emissions and costs through improved resource utilisation. We see a huge efficiency opportunity for both shippers and carriers by using data to identify and reduce empty running across the industry. This will be essential to meet our collective environmental targets,” says Rob, "and it’s why this partnership is so exciting for us. This is just one aspect of the improved planning shippers can achieve with the 3T-FourKites partnership. You’re likely to get a good price by placing a shipment on an empty running truck,” says Marc, “so costs go down. But carriers have fewer empty runs, too, so they see driver productivity improve. It’s win-win. The better your visibility, the better you can plan to optimise your transport. In March, FourKites announced its Sustainability Hub, which offers granular emissions tracking, industry benchmarks, analytics and scenario modeling to help customers meet sustainability goals. In addition, the company offers Dynamic Yard®, a new category of software that connects traditional, siloed yard management software with FourKites’ real-time supply chain data and predictive ETAs to provide insight into driver detention patterns, labor efficiency and more to reduce dwell and inform carbon reduction strategies. Last year, customers who used Dynamic Yard emitted 20% fewer carbon emissions than non-Dynamic Yard users through reductions in truck idle times. About FourKites® Leading global supply chain visibility platform FourKites® extends visibility beyond transportation into yards, warehouses, stores and beyond. Tracking more than 2.5 million shipments daily across road, rail, ocean, air, parcel and courier, and reaching more than 200 countries, FourKites combines real-time data and powerful machine learning to help companies digitise their end-to-end supply chains. More than 1,100 of the world’s most recognised brands — including 9 of the top-10 CPG and 18 of the top-20 food and beverage companies — trust FourKites to transform their business and create more agile, efficient and sustainable supply chains. To learn more, visit www.fourkites.com. About 3T 3T Logistics and Technology Group is an award-winning UK head-quartered SaaS transport management technology business with clients including JCB, Klockner Pentaplast and Kraft Heinz. Founded in 2000 as a 4th Party Logistics Provider (4PL), 3T has evolved to become a globally recognised transportation management (TMS) technology provider. The company’s vision and mission remain the same since its inception, to improve service, reduce cost to shippers and carriers and remove empty running through collaboration and the smart use of technology.

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SOFTWARE AND TECHNOLOGY,LOGISTICS

Stord Expands Capabilities to Enable Port-to-Porch Logistics for Brands Through a Single Partner

Stord | August 12, 2022

With recent additions to its supply chain offering—namely drayage, e-commerce returns, custom packaging, and temperature-controlled fulfillment—Stord announces it can support DTC, B2B, and omnichannel brands for their complete, port-to-porch supply chain needs. Now, brands can access Stord's best-in-class logistics combined with the integrated technology they need to connect, orchestrate, and optimize their entire supply chains—all through a single partner. Today's brands continue to struggle with the challenges posed by disparate logistics partners and disconnected technologies—slowing growth, hindering the customer experience, and creating massive operational burden and inefficiencies. By centralizing the entire supply chain experience, brands are able to unlock the connectivity, visibility, and optimization required to have a meaningful impact on their business. DTC, B2B, and omnichannel brands can use Stord to assemble the right solution for their business needs by accessing any or all of the following services—all managed through Stord's new vendor- and sales-channel agnostic Stord One Commerce* software platform. Drayage Full truckload (FTL) and Less-than truckload (LTL) freight transportation B2B warehousing and fulfillment B2C warehousing and fulfillment Temperature-controlled warehousing, fulfillment, and TL reefer* Custom packaging Parcel shipping with discounted rates Retailer compliance prep Value-added services (VAS), like kitting, labeling, etc. Returns Stord's drayage and transloading capabilities allow brands to have their containerized product moved from a U.S. port to any facilities—whether it's in the Stord network or not—with real-time freight management and support from dispatch to delivery. Stord also added custom packaging and printed products, as well as packaging engineering and development capabilities, to its fulfillment operations to improve the customer experience for brands, drive sustainability, and reduce total landed cost. And to support an order's complete lifecycle, Stord now supports e-commerce returns handling to manage receiving and disposition processing of returns at the warehouse, ensuring product is either returned to sellable inventory or properly disposed. "When today's brands try to make impactful changes to their supply chains, they're severely limited due to too many partners and siloed systems,By bringing more parts of the supply chain under the Stord domain, brands can manage the entire process, from port to porch, all through a single partner." -Sean Henry, CEO and co-founder of Stord. Today's announcement underscores Stord's continued momentum and comes on the heels of launching its Stord One Commerce software, announcing temperature-controlled logistics in collaboration with Fresh Del Monte, increasing its network capacity, and extending its Series D round to over $200M in funding at a valuation of $1.3B with a new investment led by Franklin Templeton. To learn more about Stord's Cloud Supply Chain approach, visit stord.com. About Stord Stord is the leading Cloud Supply Chain provider enabling companies to compete and grow with world-class logistics—including warehousing, freight, and fulfillment—in a single, integrated platform that's available exactly when and where they need it. Hundreds of B2B and B2C companies like BODYARMOR, Native, Tula, Advance Auto Parts, Thrasio, and Dollar General use Stord to make their supply chains perform with the speed, flexibility, and ease of the cloud. Led by former operators from Amazon, XPO, and Manhattan Associates, Stord is headquartered in Atlanta and backed by leading investors, including Kleiner Perkins, BOND, Franklin Templeton, Founders Fund, Lux Capital, D1 Capital, Salesforce Ventures, Susa Ventures, and Lineage Logistics.

Read More

TRANSPORTATION

48forty Solutions Joins U.S. EPA SmartWay® Transport Partnership

48forty Solutions | September 23, 2022

48forty Solutions ("48forty") is proud to announce that it recently joined the SmartWay® Transport Partnership ("SmartWay"). SmartWay is an innovative collaboration between the U.S. Environmental Protection Agency (EPA) and industry that provides a framework to assess the environmental and energy efficiency of goods movement supply chains.Through the partnership, 48forty will contribute to SmartWay’s existing savings of 336 million barrels of oil, $44.8 billion on fuel costs, 143 million metric tons of carbon dioxide, 2.7 million short tons of nitrogen oxide and 112,000 short tons of particulate matter. This is equivalent to eliminating annual energy use in over 21 million homes. “Our commitment to sustainability is an essential component to servicing our customers’ pallet and supply chain needs,Our environmental priorities include creating a more efficient fleet by optimizing truck routes to reduce fuel consumption.” -Andrew Gerrard, director of transportation at 48forty. In joining the SmartWay partnership, 48forty demonstrates its strong environmental leadership and corporate responsibility,” said Jon Heyler, executive vice president at 48forty. “This is an important piece in strengthening our environmental commitment and expanding our environmental, social and governance programs. Launched in 2004, SmartWay provides its nearly 4,000 shipper, logistics companies, truck, rail, barge, and multimodal carrier partners with tools and approaches to track and reduce both emissions and fuel use from goods movement. For more information about 48forty, visit www.48forty.com. For information about the SmartWay Transport Partnership visit http://www.epa.gov/smartway. About 48forty Solutions 48forty Solutions is one of the largest pallet management services companies in North America, with a national network of over 245 facilities, including 68 company-owned and operated pallet recycling plants, 160 onsite locations, 11 reverse logistics centers, 5 sorting centers, and more than 850 service providers. 48forty provides end-to-end pallet solutions from supply to retrieval, recycled, new and custom pallets, and reverse logistics services. We also operate one of the nation's largest private fleets of more than 7,500 trailers and 500 tractors. 48forty is backed by Summit Partners and Audax Private Equity. For more information, visit www.48forty.com or follow us on LinkedIn. About SmartWay Transport Partnership SmartWay was established in 2004 with 15 Charter Partners and pioneered freight carbon accounting and emissions reduction strategies for carriers and shippers. They have since grown and now work with over 3,800 partners across North America. SmartWay focuses on providing a well-recognized system for tracking, documenting, and sharing information about fuel use and freight emissions across supply chains. SmartWay is continuing to grow, and just recently made its way into Mexico in 2017. SmartWay prioritizes the protection of the environment above all else. For more information, visit https://www.epa.gov/smartway.

Read More

SOFTWARE AND TECHNOLOGY,LOGISTICS

3T-FourKites Partnership Offers Enhanced Cost and Sustainability Benefits to Customers

3T and FourKites | August 24, 2022

Leading real-time supply chain visibility platform FourKites® announces that its carrier data will be used to enhance 3T’s global digital transport platform.The deal will give 3T’s shipper customers access to FourKites’ supply chain visibility data, bringing them powerful flexibility in the way they use carriers, thereby reducing costs and improving sustainability initiatives. “FourKites’ broad coverage of carriers in Europe allows us to give our customers a more comprehensive shipment visibility offering as part of our digital transport management software,That gives them more flexibility in the carriers they can work with, keeping both costs and carbon emissions down.” -Rob Hutton, Group Sales and Marketing Director at 3T 3T is a UK-based global SaaS digital transport platform provider, whose transport management solutions dovetail neatly with FourKites’ supply chain visibility offering. 3T’s pioneering cloud-based platform provides a seamless shipper/carrier ecosystem with functionality including transport assignment, rate management and tendering, as well as automatic carrier allocation. It also facilitates supply chain collaboration by enabling AI-driven dynamic planning and execution across multiple accounts, harnessing real-time data to reduce empty running of vehicles. FourKites is the market leader in real-time, end-to-end supply chain visibility, extending visibility beyond transportation into yards, warehouses, stores and more. The companies’ combined offering signals a paradigm shift in 3T’s ability to not only know the status and position of every shipment, but to also dynamically react to changes from plan. “Giving 3T customers access to FourKites data will allow them to make better decisions, optimising the way they use carriers,That has cost benefits for them, it improves their service to customers with almost no administrative work required, and it gives them the most accurate estimated times of arrival available in the market today. We are thrilled to be working together with the 3T team to better support their customer base.” -Marc Boileau, Senior VP of Sales and Carrier Operations at FourKites Europe. Carbon reductions 3T already gives customers multiple options to capture carrier data. However, with the addition of FourKites’ real-time supply chain data, 3T customers will now have all the data necessary to complete their operational visibility picture and ultimately help them reduce both carbon emissions and costs through improved resource utilisation. We see a huge efficiency opportunity for both shippers and carriers by using data to identify and reduce empty running across the industry. This will be essential to meet our collective environmental targets,” says Rob, "and it’s why this partnership is so exciting for us. This is just one aspect of the improved planning shippers can achieve with the 3T-FourKites partnership. You’re likely to get a good price by placing a shipment on an empty running truck,” says Marc, “so costs go down. But carriers have fewer empty runs, too, so they see driver productivity improve. It’s win-win. The better your visibility, the better you can plan to optimise your transport. In March, FourKites announced its Sustainability Hub, which offers granular emissions tracking, industry benchmarks, analytics and scenario modeling to help customers meet sustainability goals. In addition, the company offers Dynamic Yard®, a new category of software that connects traditional, siloed yard management software with FourKites’ real-time supply chain data and predictive ETAs to provide insight into driver detention patterns, labor efficiency and more to reduce dwell and inform carbon reduction strategies. Last year, customers who used Dynamic Yard emitted 20% fewer carbon emissions than non-Dynamic Yard users through reductions in truck idle times. About FourKites® Leading global supply chain visibility platform FourKites® extends visibility beyond transportation into yards, warehouses, stores and beyond. Tracking more than 2.5 million shipments daily across road, rail, ocean, air, parcel and courier, and reaching more than 200 countries, FourKites combines real-time data and powerful machine learning to help companies digitise their end-to-end supply chains. More than 1,100 of the world’s most recognised brands — including 9 of the top-10 CPG and 18 of the top-20 food and beverage companies — trust FourKites to transform their business and create more agile, efficient and sustainable supply chains. To learn more, visit www.fourkites.com. About 3T 3T Logistics and Technology Group is an award-winning UK head-quartered SaaS transport management technology business with clients including JCB, Klockner Pentaplast and Kraft Heinz. Founded in 2000 as a 4th Party Logistics Provider (4PL), 3T has evolved to become a globally recognised transportation management (TMS) technology provider. The company’s vision and mission remain the same since its inception, to improve service, reduce cost to shippers and carriers and remove empty running through collaboration and the smart use of technology.

Read More

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