Uber Freight on Friday announced on Thursday a host of upgrades to the freight platform that, among other things, should help to stamp out freight fraud and annoying detention times at shippers, according to CEO Lior Ron.
The old 80/20 rule — the Pareto Principle — is alive and well in trucking, although the scale is even more out of balance in full truckload freight. Studies at DAT Freight & Analytics show that about 80 percent of a shipper’s truckload volume moves on just 15 percent of its lanes.
“What is the market saying about data trends and the role that data plays on the journey to more autonomous supply chains?” asks Dean Croke, Principal Analyst.
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After a 10% decline the previous week, load posts rebounded to close out September as shippers scrambled to get moves on the books before the end of the third quarter, a long-typical pattern for end-of-quarter freight.
DAT Freight & Analytics launched an artificial intelligence-powered identity-fraud detection and prevention platform through a partnership with Verosint. The company said it can help prevent the unauthorized use of customer login credentials and combat the growing threat of identity theft in trucking and logistics.
DAT Freight & Analytics launched an artificial intelligence-powered identity-fraud detection and prevention platform through a partnership with Verosint. The company said it can help prevent the unauthorized use of customer login credentials and combat the growing threat of identity theft in trucking and logistics.
Every day, truckers across the country get scam emails, texts and even letters by snail mail. However, some of the communications truckers receive are very real and need to be attended to. That was the case recently with a state that was informing truckers about a tax they need to pay.
While the United Auto Workers (UAW) union strike against the “Big Three” of General Motors, Ford, and Stellantis (Chrysler’s parent company) has been ongoing since Sept. 15, coupled with the number of employee walk-outs continuing to rise, the supply chain impacts and ramifications are likely to increase the longer the situation goes on, according to various industry stakeholders.
Freight volumes are improving but rates are expected to remain soft due to a mixed pricing environment and seasonally slow equipment orders heading into the fourth quarter, according to recent market analysis from multiple firms.