Category: multi-mode shipping

Opportunities for Freight Technology in Any Economy: Embracing AI

Posted on | by Banyan Technology
A freight truck driving through a city landscape with a shipment

If the first five months of 2023 showed the freight industry anything, it was that freight technology companies without a strong foothold in their niche will be facing some tough decisions for the second half of 2023. Some industry tech companies have turned to a reduction of their workforce, while others have sunset their tech solutions altogether. According to FreightWaves, falling truckload costs and decreased demand for goods are some of the reasons behind these companies having to make some tough decisions as 2023 turns the corner towards the end of the year.

How OTR Multi-Mode Management Addresses Your Shipping Needs in 2023

Posted on | by Banyan Technology
How OTR Multi-Mode Management Addresses Your Shipping Needs in 2023

Due to fluctuating shipping costs and the uncertainty of the freight trajectory, Shippers and 3PLs need a reliable technology solution with access to the best shipping rates for all over-the-road (OTR) modes to make the right shipping decision for every load. Finding the right partnerships to increase options will help save time and money while attracting new business.

Reflect, Reset and Reassess: Analyzing Your Digital Shipping Strategy

Posted on | by Banyan Technology
Transportation management professionals reviewing their digital shipping strategy

The unpredictability and uncertainty of the past few years has forced many industries to reassess their business strategies quickly to adapt to the changing world. Many supply chain businesses have had to accelerate their adoption of technology, fast-forwarding their long-term plans to either implement or update their digital approach.

Advantages of a Multi-Mode Technology Solution During Any Shipping Season

Posted on | by Banyan Technology
A freight and box truck driving together on a highway

As inflation hits industries across the country, the supply chain continues to see rising costs impact shipping due to current economic conditions. Fuel prices remain elevated and carrier rates continue to rise. According to CNBC, the supply chain is improving and past the worst, but rates will remain well above pre-pandemic levels for the rest of 2022.

Heading into what is typically known as “peak” shipping season, 3PLs and Shippers are seeking ways to counter the rising carrier rates and fuel surcharges. They are finding the best way to do so is to implement or switch to an innovative technology solution that allows them to rate and execute shipments from a single screen.

Understanding the Value of a Single Digital Platform for All Your OTR Shipping Modes

Posted on | by Banyan Technology
Multi-mode freight trucks parked at facility

Find value in your supply chain and augment efficiency without dramatically increasing costs. Multi-mode technology solutions for over-the-road (OTR) shipping provided by a partner with integrated capabilities helps deliver a better understanding of multi-mode logistics, how they work, and the ability to evaluate which shipping methods work best.

Top 5 Ways Multi-Mode Shipping Technology Can Elevate Your Operations

Posted on | by Banyan Technology
Top 5 Ways Multi-Mode Shipping Technology Can Elevate Your Operations

There are many ways shippers and 3PLs can utilize multi-mode shipping for truckload (TL), less-than truckload (LTL), parcel, and final mile to increase efficiencies and cost savings. Much like many previous shipping advancements, those added efficiencies and savings wouldn’t be possible without implementing automated technology solutions with multi-mode capabilities.