Whether transporting food from farms to stores or shipping raw materials to manufacturers, our society wouldn’t survive without freight shipping Disbursements Accounting. While the industry continues to motor forward, technological advancements are changing the future of freight. Let’s take a look at some of the innovations we may be seeing in the coming years.
Technology is shaping logistics and warehouse management
When it comes to logistics, the Internet of Things (IoT) takes center stage. IoT increases connectivity between computer systems in real-time to share large amounts of data. Warehouse management software, distribution technologies, and LTL carrier computer systems are continually improving their abilities to track shipment routes, truck locations, and product deliveries.
Warehouse managers and logistics companies can reap the benefits of IoT due to better transportation transparency. When a problem arises with a shipment, such as a truck breaking down or a damaged pallet of products, better-informed decisions can be made to remedy the issue. Soon, transportation efficiencies will be within reach of more LTL carriers as they adopt new technologies and software.
Electronic logging devices (ELDs) will increase safety
ELDs increase trucker safety by removing human error from driver log reporting. How do they work? ELD sensors attach to a truck engine and automatically record driving time. The software then transfers the recorded data to hours of service records (HOS), giving LTL fleet companies instant access to accurate driver transportation logs. This enables LTL carriers to make better shipment schedules so drivers don’t suffer fatigue, which can cause driving accidents.
Self-driving trucks may fill empty trucking positions
Finding qualified LTL drivers has been a growing issue for years. Today, carriers are investigating new solutions. Self-driving trucks are being tested, and may eventually be a viable option for long and short-haul jobs.
Removing a human driver from the equation may increase safety by eliminating fatigue risk. It will also dramatically reduce transportation costs, and will allow LTL carriers to expand routes to locations that were previously not feasible.
A wide range of innovations are taking shape in the freight-transportation industry. From better logistics tools to self-driving trucks, these technologies will have a significant impact on the future of freight shipping.
5 must-read logistics articles in the United States
If you’re looking to learn more about third-party logistics for trucking companies, this blog is a great one to add to your reading list. It started as a printed publication in 1962 that now has expanded to the web. The blog regularly publishes posts full of industry insights and trends for logistics enthusiasts. Learn about everything from warehousing to global logistics to distribution centers. Recent posts have focused on topics like shipment rate trends, the impact of recent hurricanes on transit, and an analysis of reverse logistics.
Supply Chain Management Review
This blog frequently highlights and discusses a vast range of logistics methodologies, such as Six Sigma and Lean, that can be implemented by shippers, truckers, and distributors. They also publish posts on strategic innovations and breaking industry news with an emphasis on information technology and predictive analytics. Experienced university-level professors write many of their articles. Recent posts highlight 3PL annual study results, transportation management, customer experience, loading dock safety best practices, and how to attract millennials to manufacturing.
Since January 2009, logistics companies have been seeking out the data-driven information available on this analytical blog about all things Big Data. This blog features the latest logistics articles, supply chain reports, emerging technologies like drones, and technology trends offered by supply chain analysts. Contributors use their 25 years of knowledge and experience to deliver action-oriented articles that help logistics managers and companies improve and grow in both the long and short term. Recent posts focus on how to solve the driver shortage, rail freight, disaster relief fleet management, and showcasing sustainable companies.
Supply Chain Brain
This think tank blog covers practically everything that has to do with the supply chain. The original and aggregate industry articles they publish will make you take a deeper look at how you run your supply chain. Executives turn to Supply Chain Brain when searching for new management solutions and trends to implement into their companies. Recent posts discuss driverless car innovations, blockchain technology, artificial intelligence in decision making, and companies like Amazon that offer one-day deliveries.
The Flock Freight Blog
Our blog regularly delivers actionable supply chain and logistics information. As a leading LTL provider in recent years, we offer industry insights, simple explanations, and cost-saving solutions to logistics managers, manufacturers, suppliers, and shippers Accounting For Shipping Company. Learn how our platform operates and how shared truckload is changing the future of the freight industry. Get posts on things like how to streamline your supply chain, evaluate logistics providers, effectively manage freight claims, and stay up to date on industry trends. Knowledge is power, especially in the ever-evolving world of logistics. Add these blogs to your weekly reading list to stay on top of logistics industry trends and innovations!