Companies have a pretty good grip on the movement of physical goods in their supply chains. But they often overlook the accompanying flow of funds - and the opportunity to make better use of limited working capital.
C.H. Robinson CEO John Wiehoff says there's a pretty straightforward reason why there was so much acquisition activity in the third-party logistics and freight brokerage markets the last two years: the low cost of capital and an active investment community.
LoadPay, the secure payment platform from Truckstop.com, has been integrated into the cloud-based transportation-management software of MercuryGate International Inc.
There's not an aspect of modern life that won't be affected by advances in robotics and artificial intelligence in the coming years. But the impact will be especially felt in transportation and distribution.