The transportation industry is facing a lot of challenges, with no easy remedy. Government policies like the ELD Mandate and truck driver shortages continue to grow daily. This is forcing third-party logistics companies to have to rethink how we keep distribution flowing on time and accurately. Technology is helping to fill the gaps and create better ways to fulfill customer orders with greater speed and accuracy. Here are a few of the emerging technologies that are changing the transportation game:
Big Data Marries Automated Logistics Technologies
Big data still reigns supreme as the most important puzzle piece in dealing with the challenges of the transportation industry. Large-scale analysis of data is utilized to reduce inconsistencies, produce reports for quick decision-making, and enable better product and customer management. This leads to other benefits such as better asset tracking, increased productivity, increased accessibility for all stakeholders, and better communication between carriers and shippers.
Big data is also venturing beyond measuring day-to-day analytics. Look for new automated logistics technologies which also provide predictive analytics. This will allow companies to predict failures and opportunities and detail ways to get better outcomes. These advanced algorithms will affect all parts of the supply chain, from procurement to manufacturing to distribution.
The Internet of Things
Companies will start using the Cloud with more dedication to improve visibility. This will create a “control tower” atmosphere where logistics companies understand shippers’ movements and the nature of their freight. They will then be able to build specific carrier relationships that are more strategic and transparent for all parties. Blockchain efficiencies are also on the horizon, creating a more connected and efficient supply chain with real-time, secure, inalterable information.
Disruptors Take the Field
Disruptors are changing the game. New tech like Uber Freight which is, in essence, a ride-share service, is gaining ground slowly. Convoy and Amazon also have apps that focus on on-demand freight. Let’s not forget Musk and his autonomous vehicle (AV). While still far off, Tesla has already introduced its electric semi-truck which boasts 500 miles per charge. Once perfected, it could be a big band-aid for the industry as the truck driver shortage persists past this year and next.
How is Langham Logistics Dealing with Transportation Issues?
Langham Logistics is committed to giving clients the same personal, feature-rich service they have come to expect despite these changes in the industry. Langham boasts an integrated and automated IT system that provides best-in-class analytics and benchmarking as well as predictive reporting. We continually review and optimize processes to enhance the customer experience and reduce both cost and unnecessary touches. We frequently assess our employees and vendors to ensure we are providing expert service and partnering with the best team to meet client goals. Real-time tracking and accessibility to personalized client dashboards gives our clients the security of knowing everything is running smoothly and exceeding their expectations.
With creative, experienced minds at the helm, Langham Logistics is giving clients peace of mind that someone is keeping their finger on the pulse of change. In fact, we like to believe we become an extension of your team. If you’d like to learn more about how Langham Logistics can help your business create a seamless supply chain and reduce overhead, please contact us today.