Technology Magazine for Logistics | Logistics Tech Outlook
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May - 2020 19logisticstechoutlook.comFreightWeb is expanding the reach of its solution by partnering with leading players in the industry who can leverage its solution via APIs to automate Partial Truckload rate quoting and shipping. The company has also filed a patent for aninnovative Pallet-Rack solution that can dramatically improve the efficiency of loading a trailer while protecting the freight in transit. A video of the Pallet Rack in operation is posted on FreightWeb's blog on: https://www.myfreightweb.com/blog. The pallet rack system provides shippers with the efficiency of labor intensive (and hard to manage) beam and decking load systems, in an easy to use modular approach. FreightWeb is now in discussion with leading carriers and top shippers to apply the technology to help improve their efficiency and reduce damages.It has just been three months since FreightWeb procured its funding as an innovative startup, and within the short span, the company has received substantial attention from the market. Payson recalls the success story of one of FreightWeb's first users, an agent representing close to 20 shippers. Prior to leveraging FreightWeb, the agent was shelling out to move partial shipments via whole trucks. The agent was also spending a considerable amount of time to figure out LTL carriers and negotiate shipments with other brokers. Partnering with Freightweb enabled him to handle partial shipments with ease while saving a lot of money. "Agents and shippers have struggled with partial truckloads because they can be time consuming and difficult to arrange and execute," says Payson. "We've fixed that for our customers," he adds.The success of FreightWeb is powered by the combined experience and expertise of its co-founders. Payson, along with co-founder Farah Ali, CTO have rich experience in transportation and logistics and technology innovations. While Payson led FedEx's Operations Analysis team studying and applying data, science and new technologies for over 15 years before moving to Amazon Logistics to help them build their package delivery business, Farah drove innovations in shipping technologies for eBay as well as headed technology development at Electronic Arts. Their expertise positions FreightWeb as a company that is poised for great success--one that drives innovation in theory to practice.Going forward, along with revolutionizing the approach toward managing partial shipments, FreightWeb is planning to roll out technology solutions for easy shipment tracking. "We have more layers of innovation in the pipeline with respect to shipments tracking and technologies that will help our customers handle freight better," says Payson. Our goal is to solve what has been a long-standing problem in the industryFarah Ali
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