Unlocking Efficiency In The Shipping Industry: Smarter Logistics Is Becoming A Major Disrupter By Driving Down Costs

Smarter Logistics recently developed proprietary technology that can optimize empty capacity with real time tracking, reducing costs and improving service to its clients.

The logistical challenge of nearly half of the truckloads and a third of the ocean containers running partially empty in 2022 is a glaring issue in need of a solution. Smarter Logistics is taking on this problem head-on, using their proprietary technology to optimize backhauls, maximize freight capacity, and bring down costs. This strategic approach not only addresses the issue of underutilized capacity but also significantly reduces late deliveries.

The issue of underutilization is not limited a specific mode of transportation; it is just as prevalent in trucks, cargo planes and ships as well. The data from 2022 indicated that around 45% of shippers were shipping partially empty truckloads, with an average of 25 linear feet of unused deck space. This is an area where Smarter Logistics' technology is having a significant impact. By identifying potential backhauls and efficiently matching loads, Smarter Logistics' solution can optimize the use of truckload capacity, leading to cost savings and improving customer service.

The other issue that Smarter Logistics is determined to solve is late deliveries. Delays in freight delivery are a long-standing problem in the logistics industry. These delays can be due to a range of factors including traffic congestion, mechanical issues, and logistical errors, and they can be very costly for shippers. In fact, late or damaged shipments resulted in an average cost of nearly $2,000 in 2022.

To tackle this, Smarter Logistics has implemented advanced real-time tracking systems and provides 24/7 customer service. The tracking system allows shippers to monitor their freight in real-time and the round-the-clock customer service ensures that any issues that arise are promptly addressed. This not only ensures on-time deliveries but also significantly reduces the chances of costly delays or damages.

In conclusion, Smarter Logistics is providing innovative solutions to two of the most pressing issues in the logistics industry: underutilized capacity and late deliveries. Their strategic approach is helping to drive down costs for shippers while also improving the efficiency and environmental impact of the logistics sector.

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