Truckload marketplace Transfix is adding a new dimension to matching drivers with available loads, says CEO Drew McElroy. By making greater use of smartphones, McElroy says Transfix makes more efficient matches, which reduces empty miles and driver wait times.
SmartCentres, the largest shopping center developer in Canada, has launched a popular drive-in pickup service for e-commerce customers. Located at existing shopping centers, Penguin Pickup accepts deliveries from any online retailer.
Mergers and acquisition in the 3PL industry are on the upswing, with deals in the first two quarters of this year outpacing all of last year, says Ronald Lentz of G2 Capital Advisors. Lentz looks at factors driving this trend and other issues impacting the industry's financial health.
CargoSmart Limited, a vendor of shipment-management software, has created Big Schedules, a sailing-schedule search platform that helps shippers and logistics service providers to manage and visualize their ocean routes.
Contract terms being demanded by shippers and consignees in their agreements with logistics providers have become unacceptably onerous and one-sided, says Philip M. Coughlin of Expeditors International. Coughlin details common requirements, such as shifting all risk to providers, which he considers unfair, as well as discussing ideas on how to move forward.
The term "digital supply chain" describes the integration of advanced technology, big data, and analytics to better manage and execute the physical supply chain, says Frederick Hartung of Jabil. He explains how this is playing out today and what it means for the future.
Even though the invoice-to-cash cycle is critical to corporate health, many companies give little attention to the billing process, says Sean Smalley of Billtrust. Many opportunities exist within that process, however, to speed payment and reduce costs.
Echo's recent acquisition of Command Transportation will grow its revenue by 50 percent and strengthen its presence in the truckload brokerage market, says Echo CEO Doug Waggoner. He explains the role of acquisitions in Echo's growth strategy and his view on 3PL consolidation trends.