Technologies That Will Give Trucking And Logistics Providers A Competitive Edge
Since technology will determine the future of trucking and logistics providers like Titan Transline, stakeholders in the industry must be updated on the latest technologies that will affect the industry. The competitive advantage of a trucking and logistics business can be transformed if they take advantage of the enormous amount of date generated by sensors and tracking devices.
Software used to run daily tracking operations like transportation management systems, order management and asset and fleet management systems are good sources of raw data. API’s, web services, advanced data mapping and data streaming from the back door also allows access to real time data for further processing.
However, cost is the greatest challenge to trucking and logistics providers who want to leverage customized optimization solutions. Given the dynamics and complexities of businesses, a one-size-fits-all solution is not the best approach to deliver an optimal solution. Meanwhile, the presence of solver technologies like Gurobi, Frontline and Google Optimizer have placed optimization solutions within reach. Businesses no longer have to pay prohibitive license costs in running complex analytics to identify what needs to be optimized.
Tremendous amount of data is now available and accessible to trucking and logistics providers through machine learning. Trucking providers are able to automate tasks that humans usually do. Artificial intelligence can be used to correlate data generated from various sources like shippers, drivers, consignees, routes, dwell time, idle time and many more. Machines have the capability to provide automated decisions on driver allocation, truck breakdown and fuel stops. Customer service has been improved by chat bots that analyse data from TMS and GPS.
With the advent of cloud computing, access to infrastructure to embark on complex technological initiatives has become affordable. AWS, Azure and GCP have provided out-of-the-box machine learning capabilities, compelling analytics and visualization solutions to small and mid-sized trucking and logistics providers.
Call Titan Transline today and request a free quote for full truckload freight, less-than-truckload freight, flatbed trucking, expedited delivery and products that require temperature control. Space is exclusively reserved for delicate and specialized loads that require specially-engineered freight equipment. Competitive pricing is offered on full loads including white glove service.