On February 20, 2023, one of the leading asset-based full-service logistics companies, Circle Logistics, announced it is using internal grading systems and resources as enhanced visibility to help its team match freight with the best-suited carriers to reduce claims. In addition, the company adds value to shippers and carriers by combining data from digital freight matching and enhanced visibility of Transport Pro-tech integration resources.
Circle encourages enhanced visibility to increase on-time deliveries and to reduce late, theft and damaged freight claims to help the industry leaders to track 100% of their load. According to a general survey conducted by Senior Vice President Andrew J. Smith and the Chicago team, it was observed that when the freight is not being tracked, there is 23% chance that the loads increase will result in a claim.
Circle's enhanced visibility tracking data is derived from sources such as ELD and cell phone tracking and auto-arrive and auto-depart dispatch geofence notifications. The company combined the team's use of data to examine the best fit for matching freight with carriers. This data has greatly impacted the amount of successful, claim-free, and on-time loads the team manages. The resulting insights from using tech have empowered Circle to continue being the industry's leader in outstanding shipper-carrier innovation and experiences.
About Circle Logistics
Circle Logistics is one of the fastest-growing privately held third-party logistics companies, founded in 2011, delivering three core promises to its customers: personalized communication, no-fail service, and innovative solutions. Circle, a Top 50 Freight Brokerage Firm, combines the commitment of a privately owned asset-based 3PL with the reach of a large-scale public provider to create an exceptional modern freight experience. It is based in Fort Wayne, Indiana, and has rapidly expanded to eight additional locations across the United States, experiencing more than 100 percent yearly growth. It uses industry experience, technology, and employee ingenuity to develop industry-leading transportation solutions.