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Using artificial intelligence, aifleet is able to generate over 40% higher utilization than the truckload industry average, while keeping truck drivers happy. With an investment from Volvo and others, the AI-driven trucking company will continue to grow.
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Penske's Catalyst AI fleet management platform uses artificial intelligence to provide real-time insight into fleet performance, benchmarking against similar fleets, and the ability to identify opportunities for improvement.
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ELDs give all fleets the opportunity to reap benefits by mining and analyzing their ELD data. Like any mining operation, you need tools to unearth the true nuggets.
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Convoy says latest technology can help keep truckers from having to scramble to book the next load, allowing customers to book multiple loads at a time with its new Automated Reloads feature.
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Lanehub, a collaborative transportation network that helps shippers and carriers team up to optimize capacity on recurring freight lanes, is adding incentives to reward shippers that help their current carriers team up with other shippers that need them for a backhaul lane.
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Truck capacity is tight, while many private and dedicated fleets have excess capacity. Lanehub says it has a solution, with a technology that allows shippers that have private fleets or use dedicated contract carriers to market their available or anticipated capacity to other shippers.
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Although the April 1 start to “hard enforcement” of the electronic logging device mandate does not seem to have had a huge effect on trucking capacity (except perhaps in flatbeds), there are a number of other factors that are working to keep capacity tight and rates high, likely at least until late this year, according to FTR.
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The FTR Trucking Conditions Index saw an increase in August fueled by tighter capacity brought about by looming regulations.
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After enduring a bruising first quarter that saw falling profits at many fleets, it comes as no surprise that in a second quarter survey of business conditions fleet executives are feeling a bit down.
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In the past 12 months, truckload carriers have been facing declining equipment utilization despite solid financial gains driven by a better rate environment, according to TMW Systems’ latest Transportation & Logistics Study.
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