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UTILIZING A SAAS MODEL IN LTL SHIPPING

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Introduction: What is LTL?

LTL shipments (Less Than Truckload) currently comprise over 12% of the roughly $675 million dollar per year trucking industry. A standard LTL shipment (according to most carrier contracts) is anything up  to 12 linear feet of trailer space, which is either 6 non-stackable standard size pallets (48”x48”x48”) or […]

WEAK TL DEMAND SHOWING IN THE SPOT MARKET

Spot Rates down %16 YoY April-to-date

2016 Spot Rate Trend

Weak truckload demand in both the Dry and Refrigerated markets has created downward pressure on  spot rates, researchers for Morgan Stanley report. Shippers are seeing only nominal decreases in their contract rates and are turning to the spot market to take advantage of the softer market conditions. […]

WHERE ARE ALL THE DRIVERS?

A Look Into The National Driver Shortage

What Is Going  On?

In the $650 billion  dollar annual freight market, Trucks account for moving roughly 67% of all freight by weight. Due to this dominance, both shippers and trucking companies are constantly concerned about having enough drivers to meet this demand. Although there are currently over 3 million […]

DRIVERLESS TRUCKS ARE COMING

The Reality of the Situation

Ok, so anyone who keeps up with current events has seen the recent public obsession with autonomous cars. Well, there’s some smart people out there who have figured out how to take this technology and apply it to 18 wheelers. The end game means a

transportation network that will be thousands of […]