April - 20196 logisticstechoutlook.comLinda James Managing Editoreditor@logisticstechoutlook.comAn effective freight management strategy is crucial for companies around the globe. It reduces instances of delays in consumers receiving their ordered goods and helps firms offer myriad of shipping benefits to the customers. Apart from benefitting the buyers, freight management also helps organizations choose different and most suitable transportation options for their needs. Thus, merchants looking to expand their business and deploy their goods to reach customers on time must follow the transformations being introduced in the trucking and freight management market and align their offerings with those changes. Even the rapid growth of the e-commerce industry in the past few years has aggravated the demand for efficient freight management solutions to enable shippers to efficiently manage their supply chain tasks.A significant freight management trend that can be expected to hit the 2019 market will be the focus on `single window' into logistics and operations. The concept of the single window is to provide managers and other executive staff leaders to access all the required information regarding their logistics department at one single platform. Such an approach would facilitate increased visibility over the entire supply chain process, and the same platform would help shippers and merchants drive actionable insights from data when paired with analytics. Another technology dispensing improved visibility over all the supply chain functions is the internet of things (IoT). The technology assists companies to monitor and track freight location in real time and receive updates of the delivery progress.Blockchain, one of the most recent and disruptive technology in the market, is yet another technology making its way into the freight management landscape. Many firms are in the process of creating blockchain-powered solutions to holistically manage the supply chain activities. The solution would drastically decrease the compliance violations, increase trust and reliability among partners, and streamline the payment process.With such a technologically-powered promising future ahead, freight management landscape requires a driving force to push it toward the right technology. Our goal in this edition of Logistics Tech Outlook is the same--to bring out the freight management solution providers that are at par with the changing scenario of the current market.Do let us know your thoughtsEditorialReal Time Freight Data and Analysis *Some of the Insights are based on the interviews with respective CIOs and CXOs to our editorial staffCopyright © 2019 ValleyMedia, Inc. All rights reserved. Reproduction in whole or part of any text, photography or illustrations without written permission from the publisher is prohibited. The publisher assumes no responsibility for unsolicited manuscripts, photographs or illustrations. Views and opinions expressed in this publication are not necessarily those of the magazine and accordingly, no liability is assumed by the publisher thereof.Managing EditorLinda JamesEditorial StaffAaron PierceAva Garcia Jade Ray Joshua ParkerSarah FernandesSinchana NageshVisualizerSujay KodoorAngela ParkerAPRIL- 16 - 2019, volume 05 - Issue 05 Published by ValleyMedia, Inc. To subscribe to Logistics Tech OutlookVisit www.logisticstechoutlook.com sales@logisticstechoutlook.comeditor@logisticstechoutlook.commarketing@logisticstechoutlook.comEmail:Saleskatherine joneskatherine.jones@logisticstechoutlook.comContact UsPhone:510.996.5173, Fax:510-894-8405
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