The demand for speedy and free delivery is creating trouble for small and medium sized companies. As big corporations are willing to pay premium charges to get their freight to the market, small and medium size shippers are finding it difficult to attract drivers for their full truck load freight.
However, the use of advanced technology can help small and mid-sized shippers to improve their FTL dedicated truckload freight management. These technologies help shippers to ensure compliance as well as to keep the costs competitive.
Here are some top technologies for FTL shipping management.
- Application Programming Interface (API) and Electronic Data Integration (EDI)
Both API and EDI enable shippers to use multiple systems to manage FTL freight in a seamless manner. Both these advanced systems are crucial for corporations to remain in pace with the digital world.
TMS is a valuable resource for FTL shippers. Majority of the players in the industry state that the cost of implementing TMS is significantly lower than the possible savings of using it.
- Mobile Tracking Technology
Mobile tracking technology helps FTL shippers to have continuous visibility of the trucks, avoid bottlenecks along the route such as traffic jams, severe weather conditions etc. and ensure speedy delivery of freight. Mobile tracking technology also helps to track the transit times, and ensure compliance with the Hours of service regulations.
Robotics can be used for loading and unloading trucks. This helps to free the drivers from the job. Moreover, it also speeds up the process and reduces the costs as there is no need to employ humans to do the tiresome job and robotics enable devices can do the job for extended periods.
- Record Keeping Software
Companies are required to maintain documents such as customs documentation, maintenance of importer and exporter records, freight spend etc. Records keeping software aids in the documentation process and reduces human errors.
- Big Data Analytics
Data is a valuable resource for business organizations. Big data analytics offer valuable insights to companies and aid in freight planning, scheduling, shipping, payment processing and audit procedures.
The use of advanced technology helps business organizations to manage their FTL freight. However, outsourcing logistics to FTL dedicated truckload freight trucking companies also helps small and mid-sized enterprises to benefit from the cost savings and increased efficiency in operations.