Skip to content
Search AI Powered
Human content, AI powered search.

Latest Stories

newsworthy

Logistical Labs integrates truckload rating software with DAT Solutions

Upgrade will generate more accurate data in LoadDex freight pricing software.

DC Velocity Staff
By DC Velocity StaffJun 07, 2017
DC Velocity Staff
See Full Bio

Cloud-based supply chain software provider Logistical Labs LLC will improve the accuracy of its truckload rating data through an integration with load board network operator DAT Solutions LLC, the companies said Tuesday.

Chicago-based Logistical Labs will link its LoadDex freight pricing software with Portland, Ore.-based DAT Solutions' RateView online database of real-time spot-market and current contract freight rates. That combination will help LoadDex users optimize transportation across all modes by using the supply chain analytics platform to simplify rating complexity, improve carrier selection, and leverage data to make smarter decisions, according to Logistical Labs.

The integration is the latest step by Logistical Labs to link its LoadDex product with additional data, after the company unveiled an integration in January with Project44, whose web tool allows shippers and 3PLs to automatically exchange data in real time.

"Logistical Labs and DAT share a common mission of helping our customers gain insights from their supply chain data," DAT Senior Vice President of Sales and Marketing Don Thornton said in a release. "Building connectivity with the LoadDex rating engine advances that mission and brings more transparency and operational efficiency to carriers, brokers, and shippers alike."

Also on Tuesday, DAT announced that the financial research firm Broughton Capital LLC had unveiled a set of tools for truckload industry market watchers called "DAT Freight Barometers." The tools leverage data both from DAT's truckload freight marketplace and its RateView database and creates econometric algorithms that help predict trends in spot- and contract-market rates, the company said in a release.

DAT's load board network hosts about 485,000 loads per business day, which puts it on track to host 141 million posted loads and trucks in 2017, the company says. And DAT's truckload rates database houses more than $33 billion of spot and contract freight payments, recorded as North American carriers, 3PLs, and shippers use the network to move spot-market freight.

ArticleTechnology
datbroughton capitallogistical labs
ArticleTechnology
datbroughton capitallogistical labs

The Latest

office workers talk at computer
Article

Mid-market businesses stumble in rush to AI

chart of global supplier capacity
Article

Suppliers report spare capacity for fourth straight month

container ship at sea
Article

Hapag-Lloyd orders 24 new container ships

high-tech warehouse illustration
Material Handling

Robotics Roundtable: Automation drives forward

More Stories

ITS Logistics truck carrying Sherwin Williams products
ITS Logistics

Transportation challenges, solved

Sometimes, all you need is the right partner to solve your logistics problems.

In 2021, global paint supplier Sherwin Williams faced driver and hazardous material (hazmat) capacity constraints: There simply weren’t enough hazmat drivers available in its fleet to maintain the company’s 90% fleet utilization rate expectations for key partner store deliveries while also meeting growing demand for service. Those challenges threatened to become even more acute in the future, as a competing paint supply company began to scale back its operations in the Pacific Northwest, leaving Sherwin Williams with an opportunity to fill the gap.

Keep ReadingShow less

Featured

seegrid CEO and pallet AMRs
Internal Movement

Seegrid to end AMR sales through Raymond

Stampin’ Up!’s Riverton, Utah, distribution center
Article

Picking reimagined

laptops and cables for hackers
Article

TSA rule would require cyber risk management for railroads

DHL graphic on online shopping marketplaces
Article

DHL report shows seven factors about American online shoppers

drone flying through warehouse

Robotic revolution

Robots are revolutionizing factories, warehouses, and distribution centers (DCs) around the world, thanks largely to heavy investments in the technology between 2019 and 2021. And although investment has slowed since then, the long-term outlook calls for steady growth over the next four years. According to data from research and consulting firm Interact Analysis, revenues from shipments of industrial robots are forecast to grow nearly 4% per year, on average, between 2024 and 2028 (see Exhibit 1).

market forecast for industrial robots - revenues graphEXHIBIT 1: Market forecast for industrial robots - revenuesInteract Analysis

Keep ReadingShow less
indigo software screenshot WMS

Aptean adds British WMS vendor in latest acquisition

The Georgia-based enterprise software vendor Aptean today said it had acquired Indigo Software Ltd., a British provider of purpose-built warehouse management and logistics software solutions.

Terms of the deal were not disclosed, but Aptean said the move will add new capabilities to its warehouse management and supply chain management offerings for manufacturers, wholesalers, distributors, retailers, and 3PLs. Aptean currently provides enterprise resource planning (ERP), transportation management systems (TMS), and product lifecycle management (PLM) platforms.

Keep ReadingShow less
schneider app screenshot for owner operators

Schneider seeks more business with owner-operators

Transportation and logistics service provider Schneider National Inc. is reaching out to owner-operators, encouraging them to do more business with the Wisconsin company using an updated digital platform.

Schneider says its FreightPower platform now offers owner-operators significantly more access to Schneider’s range of freight options. That can help drivers to generate revenue and strengthen their business through: increased access to freight, high drop and hook rates of over 95% of loads, and a trip planning feature that calculates road miles.

Keep ReadingShow less
port of vancouver

West coast dockworker strike could dent Canadian economy

The port worker strike that began yesterday on Canada’s west coast could cost that country $765 million a day in lost trade, according to the ALPS Marine analysis by Russell Group, a British data and analytics company.

Specifically, the labor strike at the ports of Vancouver, Prince Rupert, and Fraser-Surrey will hurt the commodities of furniture, metal products, meat products, aluminum, and clothing. But since the strike action is focused on stopping containers and general cargo, it will not slow operations in grain vessels or cruise ships, the firm said.

Keep ReadingShow less
Copyright ©2024.