Can the logistics industry benefit from blockchain technology?

What if human error could be eliminated from data management? You’d never have to question revenue numbers or spend time resolving payment disputes, and you’d always know business decisions were based on accurate information. When it came to managing your supply chain, you’d know every step was precisely monitored.    

While these situations may sound too good to be true, blockchain technology could make them a reality in the not-so-distant future.

What’s affecting truckload capacity?

As mentioned in my previous update, the capacity crunch industry experts have been discussing for several years appears to be here. But how do we know this isn’t an issue that eventually will normalize? And why is this time different from other supply chain disruptions?

To better understand what’s going on, we can look at national measures of freight volume and capacity, and see how today’s market compares to previous events.     

Preparing for the ELD mandate to take full effect

While the Federal Motor Carrier Safety Administration (FMCSA) has been working to implement electronic logging devices (ELDs) across the commercial transportation industry since 2015, the mandate will be strictly enforced beginning April 1, 2018. As carriers prepare for this deadline, here’s what you need to know about the ELD rule and how you can help avoid shipment delays:

Current capacity insight

For at least the last 20 years, industry experts and trade magazines have talked about a looming driver shortage and trucking capacity crunch, and I believe it’s finally come to fruition.