The ability to optimize routes utilizing algorithms, artificial intelligence and other technology tools has been around for a while, replacing manual tools such as spreadsheets and, in some cases, nothing at all. Dynamic pricing can soon become a reality for last-mile deliveries. By adding dynamic pricing to dynamic routing, a carrier can reduce costs and save time and provide more accurate pricing based on demand.
For many shippers, executing last-mile delivery comes with its own set of challenges. Europe in particular has seen a record number of online sales, which means shippers must navigate an increasingly competitive landscape of delivery options.