The importance of innovation in logistics
Innovation in freight goes beyond technology. While many major FreightTech companies have gone bankrupt, it does not mean that innovation is lacking or that every tech company is doomed to fail.
Innovation in freight goes beyond technology. While many major FreightTech companies have gone bankrupt, it does not mean that innovation is lacking or that every tech company is doomed to fail.
More than 100 years of innovation
FreightWaves’ Mary O’Connell and Redwood Logistics Chief Innovation Officer Eric Rempel, sit down to talk about all things tech innovation and integration.
While building out custom solutions is an important part of many brokerages’ road maps, some tools — especially those that require significant maintenance and regular updates — are better outsourced for maximum efficiency.
More than 220 of the most innovative freight companies were nominated. Those were narrowed down to the top 100.
The company plans to build on UNF’s transportation and logistics program with real-life experiences, Crowley’s CEO says.
Most innovative solutions are inspired by seemingly insurmountable problems. That is exactly how Evotrux was born
Bestpass provides drivers the ability to use a single transponder coast to coast, provider to provider, but it’s also pushing to provide value beyond toll.
In 2021, you do not just need to offer a solution; you need to offer a smart solution.
The BNSF Logistics team rallies around a shared purpose: “We deliver what matters.”
Some of today’s most innovative and disruptive companies in the logistics industry showed off their products during FreightWaves’ first virtual Carrier Summit on Wednesday.
The coronavirus exposed inefficiencies in almost every corner of life and business — including logistics.
The coronavirus pandemic caught the world off guard, and it has ratcheted up the pressure on 3PLs and brokers to quickly adapt and employ new technologies.
“It’s not about the ideas. It’s about the execution,” said Peter Rentschler.
Industry experience, continual innovation drive J.B. Hunt 360 technology platform
Leveraging data is the key to identifying supply chain transportation opportunities.
The group is part of the company’s strategy to transform into a data-driven solutions provider.
The 33-year-old company continues its charge at the technological forefront.
Supply chain solutions major J.B. Hunt finished fourth on the FreightTech 25 list, thanks to its efforts in digitalizing freight matching and democratizing access across carriers of all sizes.
“We need to arrive on-time, every time!” “We need better visibility!” “We need more technology!”
French-based 3PL FM Logistic has unveiled the Ergoskel, an ergoskeleton designed to assist warehouse employees to work around parcels without them taking a toll on their bodies.
Thinking of technology as static is like buying 100 trucks and running them for 30 million miles — something you set once and forget., according to CarrierDIrect CEO Peter Rentschler.
“My full-time job is to research and bring back ideas to prototype,” Matt McLelland said.
Online freight logistics startup Shipwell has made all of its functionalities available through the REST API, which allows companies to integrate all or some parts of the functionalities into their own workflows.
Ecosystems of entrepreneurship are popping up in cities across the United States. Innovation is no longer exclusive to Silicon Valley.
It is no longer enough to just provide excellent service. Now, companies must provide excellent service alongside speed, transparency and convenience.
Charley Dehoney writes about Jelani Hawkins, a former NFL player who has gone into trucking. Read about his new career.
Flytrex is an Israeli on-demand small payload drone delivery company that will be delivering products ordered online straight to the consumers’ house.
For a long time supply chains have been regulated to the very distant background. That is changing, and I think it is faster than we realize.
Europe’s air cargo industry has not been the quickest when it comes to embracing the digital world, but efforts are being made to catch up. A series of carriers have […]
FreightWaves, the industry-leading provider of 24/7 news, data and analytics for the global freight and logistics markets, announces the start of the nomination process for the 2020 FreightTech 100 Awards. […]
DHL is planning to provide customers with exact delivery times through email and then follow up with another alert 15 minutes before the package reaches a customer’s doorstep.
Leverage real-time analytics and data collection to save you and your customers money across categories.
China has developed a prototype magnetic levitation train that can travel at a maximum speed of 373 mph, and is expected to go into production by 2021.
The maritime industry can be well-served with an unmanned vessel that can produce its own energy from the waves and through solar battery panels fixed on its roof.
Cargo theft is a problem that has remained constant within the freight industry for many decades. Technology can now help supply chains protect their operations and repel hijackers.
In partnership with Slync… data from across the supply chain must be integrated and automatically pushed to decision-makers.
Electric vehicle adoption is constricted by high vehicle sticker price, long charging cycles and limited range. Solving these issues is key.
ndian startup Locus is helping logistics businesses automate truck routing to increase efficiency and consistency, while having more transparency into their operations.
North Dakota has no restricted air spaces, a favorable climate for testing drones, and a government that is keen on growing its UAS industry.
AllianceTexas will now have a mobility innovation zone for companies to test their futuristic transportation technology before commercial deployment.
RIO aims to connect different stakeholders within the transport logistics segment and push the industry towards digitalization.
Fiat Chrysler’s merger bid with Renault is the type of consolidation that the auto industry needs at the moment to expedite innovation and the development of futuristic tech.
Secretary Chao spoke on the need for addressing legitimate public concerns on safety, security and privacy in futuristic transport technology, without hampering innovation.
Take an antiquated trillion dollar industry, machine learning and artificial intelligence, investors chasing higher yields and a few industrious solutions-oriented individuals and you get an emerging industry – high-growth freight […]
Leading transportation management and logistics service provider SEND Transportation has integrated Trucker Tools’ Smart Capacity into its operations.
Convoy has worked closely with shippers on various projects, including its Convoy Go program that gives owner-operators access to drop-and-hook freight. It has now formalized those efforts in the Innovation Lab.
This week’s focus centered on all things freight and tech and innovation, including the announcement of Trucking Freight Futures and the FreightTech Innovation case competition challenge.
College students interested in supply chain and logistics from 14 schools across the country competed in the first-ever FreightTech Innovation Case Challenge Competition this weekend in Chattanooga, Tennessee.
The LINK 2019 retail supply chain conference concluded this morning in Orlando. The conference, hosted by the Retail Industry Leaders Association, will reconvene in Dallas in 2020.
A growing number of factories, warehouses, and construction sites are integrating unpowered exoskeleton devices into their operations. Workers and companies using these devices are expected to benefit from increased safety and productivity.
After hosting two game-changing events in 2018, FreightWaves plans to shake up the conference circuit again this spring with Transparency19.
Walking the show floor at the Detroit Auto Show is an experience that transforms you from the here and now to visions of the future.
SwanLeap tops another prestigious list recognizing the fastest-growing North American companies in technology, media, telecommunications, life sciences, and energy tech sectors based on percentage fiscal year revenue growth from 2014 to 2017.
The FreightWaves Research Institute will announce the winners of the Freight.Tech 25 next week at the MarketWaves18 conference at the Gaylord Texan Resort & Convention Center in Grapevine, Texas.
Sears was also a pioneer in all things omnichannel and what we now call last mile. Why did they fail to innovate this time around?
From on-demand trucking to blockchain, loadboards and freight matching, the list of companies bringing innovative technologies to the freight industry is growing by the day, which makes the 100 that have made the cut to be honored by the FreightWaves Research Institute as part of its inaugural Freight.Tech 100 all the more special.
FreightWaves has been selected as one of 15 start-up companies featured in the Futures Industry Association (FIA) Innovators Pavilion during the annual FIA Futures and Options Expo in Chicago in mid-October.
The improved efficiencies aimed at dispatchers and billing departments, should prove a boon for drivers too, and therefore is another shot at increased driver retention.
How important is innovation to logistics? We look at the responses from 313 logistics professionals (JDA and EFT’s “2018 Global Logistics Report”) to find out.
No longer just a tire company, Michelin is quickly becoming a “solutions” company as it positions itself as a business its customers can rely on regardless of their needs.
Companies may tell you they are innovative, but a lot of the time standard procedures and internal structure inhibits the creative process limiting a company’s ability to progress. Kenco has found success by dedicating themselves to the cause.
With all the advances being made in technology, it’s time for state transportation departments to be innovative and forward thinking, but that is not the case, according to the latest edition of McKinsey & Co.’s Voices on Infrastructure report.
Is a trailer just a box on wheels or potentially a portable battery charger? That is one of the questions that could be answered through the continued innovation of commercial vehicles.
Kenco Group is known for its logistics services, but it is also becoming known for its innovation. Inside the Kenco Innovation Lab, next-generation solutions are being developed for today’s logistics companies.