The freight industry is changing faster than ever, thanks to the adoption of freight technology. From automated systems that lower freight costs to media that gives shippers and carriers new ways to interact with customers. Freight automation technology is projected to account for over 60 percent of the market by 2022. Many companies are seeing the value in bettering the efficiency of their supply chains by using freight shipment applications.
Shipping demands continue to rise. How products are shipped needs to change into a more efficient and automated structure. Recent freight technology developments use real-time information to track shipments, manage orders, and improve communication between shippers and carriers.
Automation Technology in Action
For shippers, this helps improve supply chain visibility and maximize efficiency. Solutions that enable real-time tracking and tracing of freight help manage predictable and punctual delivery of goods. In addition, freight technology can help reduce the risk of shipping delays and minimize the impact of unforeseen events.
For carriers, freight technology improves customer service and boosts revenue. Websites and apps that allow customers to book shipments and track freight in real-time helps improve customer satisfaction. In addition, freight technology identifies new shipping opportunities and assists route optimization for maximum efficiency.
Businesses are beginning to adopt technology like The Internet of Things (IoT), cloud computing, and mobile device management (MDM). These developments will drastically change the way companies handle shipping in the coming years. To learn more about how these compare with the old ways of shipping, read our article Digital Freight vs. Traditional Freight.
The shipping process is simplified by automating the majority of routine tasks required to book shipments and receive quotes from carriers. In addition, freight automation software provides shippers with up-to-date information on their shipment status. GPS technology tracks freight and vehicles in real-time, recording the speed, location, and duration of stops. This data improves freight routing and freight consolidation. The freight automation software optimizes shipping methods and offers a number of freight solutions such as freight matching, freight auditing, and freight tracking.
Technology is not the only thing that is changing in the freight industry in 2022. The way we think about freight will also change. Freight is not seen as just a necessary evil anymore, but as an important part of doing business. “Logistics is increasingly becoming a differentiating factor for organizations of various sizes. With the freight system expected to see significant changes in the coming years, freight spending will be worth more than $4 trillion by 2022,” said Robert Clarke, director of freight forecasting at ARC Advisory Group.
The freight industry is one sector that has seen a lot of change in recent years, and it is only going to continue to grow in the coming years. In 2022, freight technology will change the logistics landscape, making shipping faster and more efficient than ever before. With freight technology becoming more prevalent every day, it’s clear that freight logistics by the end of 2022 will be drastically different than they are today. Thanks to this, the evolving freight industry is more efficient, customer-focused and poised for continued growth. It is clear that freight automation software will play a large role in logistics solutions helping businesses improve their shipping process and provide a better experience for their customers.