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

Latest Stories

Press releases are provided by companies as is and have not been edited or checked for accuracy. Any queries should be directed to the company issuing the release.

Banyan Technology Enhances Truckload Offering with Predictive Pricing from Greenscreens.ai

Truckload AI integration to help 3PLs leverage predictive spot rate pricing

Banyan Technology Enhances Truckload Offering with Predictive Pricing from Greenscreens.ai
DC Velocity Staff
By DC Velocity StaffAug 23, 2023
DC Velocity Staff
See Full Bio

CLEVELAND, OH (August 23, 2023) – Banyan Technology, the leading provider of freight execution software for real-time rating and execution of all over-the-road (OTR) shipments, has partnered with Greenscreens.ai to enhance its Truckload shipping offering to include predictive AI pricing.

“I am excited to announce that we’ve partnered with Greenscreens.ai to further enhance our Truckload rating capabilities for clients,” said Brian Smith, CEO of Banyan. “With AI taking on a prominent role in the future of shipping, we believe this partnership presents a strategic advantage to Banyan Clients who rate and execute Truckload shipments through our LIVE Connect® platform.”

The Truckload AI feature in Banyan’s LIVE Connect software offers 3PL clients access to predictive Truckload pricing based on aggregated market data, transaction history, and more through an integration with Greenscreens.ai.

Greenscreens.ai, a dynamic pricing infrastructure for the logistics industry that delivers freight market pricing intelligence and business insights, analyzes historical pricing information in relation to real-time market conditions to determine a spot rate that is two-to-three times more accurate than traditional pricing methods.

Expanding on its position as a one-stop shop for all OTR shipping, Banyan’s enhanced Truckload AI service helps 3PLs leverage predictive spot rate pricing to protect their bottom line while increasing operational efficiency.

“Our solution combines the power of aggregated market and broker data with advanced machine learning techniques to deliver dynamic freight market pricing specific to a 3PL’s individual buying and selling behavior,” said Dawn Salvucci-Favier, CEO and Chief Product Officer at Greenscreens.ai. “We are able to easily integrate into the 3PL’s existing systems without having to replace the technology they have grown accustomed to using.”

Salvucci-Favier will serve as the keynote speaker at Connect 2023, Banyan’s 2nd Annual Users Conference, that will take place September 13-15th at the Cleveland Hilton Downtown in Cleveland, Ohio. Greenscreens.ai will also be leading an intensive Truckload AI Workshop and participate in a series of roundtable meetings and vendor exhibits.
###

About Banyan Technology:
As North America's leading provider of freight execution software for real-time rating and scheduling for over-the-road (OTR) shipments, Banyan Technology provides innovative, flexible solutions within our LIVE Connect platform for Truckload (TL), Less-Than-Truckload (LTL), Local Carrier, and Parcel shipping. Our real-time intel, actionable insights, and instant access to information help drive greater operational efficiencies and create significant value for shippers, 3PLs, and supply chain partners. To learn more, visit www.banyantechnology.com or connect with us on LinkedIn, Facebook, and Twitter.

About Greenscreens.ai:
Greenscreens.ai is a dynamic pricing infrastructure for the logistics industry that delivers freight market pricing intelligence and business insights to help you grow and protect your margins. We exist to help our customers quote with confidence & win more business…more profitably. Our solution combines the power of aggregated market data and your own data with advanced machine learning techniques to deliver short-term predictive freight market pricing specific to your company's individual buying and selling behavior.

Media Contact:
Megan Greenwalt
mgreenwalt@banyantechnology.com
(330) 301-6864

https://www.banyantechnology.com
ProductsTechnologyTransportationSC Services
banyan technology
ProductsTechnologyTransportationSC Services
banyan technology

The Latest

map of Roadrunner freight routes
Trucking

Roadrunner CEO and partner buy ownership stake in company

chart of port of oakland container traffic
Ports

Port of Oakland import volume approaches pre-pandemic level

office workers using GenAI
Artificial Intelligence

Companies feel growing pressure to invest in GenAI

Worker in warehouse scans item with wearable scanner; in the background is an AMR assisting another worker.
Zebra

Pick the Winning Path

More Stories

AML launches StrikerX mobile computer

AML launches StrikerX mobile computer

Richland Hills, Texas, September 12, 2024. AML, a U.S-based manufacturer of barcode data collection products, announces the launch of its latest Android® product, the StrikerX mobile computer.

StrikerX is the evolution of its predecessor, the Striker, but comes equipped with the most powerful processing architecture available for devices in its class, the Qualcomm® QCS6490 processor running Android 13 at 2.7 GHz. Building on the success of the Striker, the new StrikerX maintains the same lightweight and compact form factor but makes a quantum leap in processing power.

Keep ReadingShow less

Featured

pickle robot unloading truck
Article

Pickle Robot lands $50 million in VC for truck-unloading robots

graphic of coverage areas for US DOT
Article

Trump nominates former Wisconsin Congressman Duffy for DOT

chart of global supplier capacity
Article

Suppliers report spare capacity for fourth straight month

Report: SMEs hopeful ahead of holiday peak
Featured

Report: SMEs hopeful ahead of holiday peak

cma cgm container freight ship
Technology

CMA CGM crowns seven winners in startup awards

Hamilton Caster Appoints Andrew D. Stamp as Director of Sales

Hamilton Caster Appoints Andrew D. Stamp as Director of Sales

Hamilton Caster & Mfg. Co., a 117-year-old industry leader in heavy-duty industrial casters, proudly announces the enhancement of its legacy Super Endurance Caster (SEC) series, now rebranded as the Spinfinity® Super Endurance Caster (ZFSEC) series. In addition, Hamilton is introducing the all-new Spinfinity® Super Endurance Dual Caster (ZFSEC2) series, both of which feature a new heavy-duty 'V-Style' seal designed to elevate performance in the most demanding environments.
The Spinfinity® Super Endurance Caster (ZFSEC) series replaces Hamilton’s legacy SEC series, setting a new benchmark for kingpinless caster design in extra heavy-duty applications. Central to this upgrade is the heavy-duty 'V-Style' seal, which offers protection against dirt, debris, and moisture. This advanced sealing technology ensures consistent performance and extends the life of the caster, making it the ideal choice for environments where reliability is critical.
"With the introduction of the V-Style seal, the ZFSEC series is engineered to withstand the harshest conditions while providing zero-fix, 100% maintenance-free operation," said Mark Lippert, president of Hamilton Caster. "This enhancement allows our customers to minimize maintenance costs and downtime, further solidifying Hamilton’s reputation for durability and dependability."
The ZFSEC series retains the robust construction that Hamilton is known for, including a swivel top plate and inner raceway made from forged steel, providing superior strength for shock conditions. Sealed precision ball bearings are also now standard in all wheels, contributing to the maintenance-free performance of the series. Notably, the zerk fittings have been eliminated, as the new design makes them unnecessary.
Complementing the ZFSEC series, Hamilton introduces the all-new Spinfinity® Super Endurance Dual Wheel Caster (ZFSEC2) series. This dual wheel series is engineered for extra heavy-duty applications where stability, durability, and maintenance-free operation are paramount. Like its counterpart, the ZFSEC2 series leverages the new 'V-Style' seal, ensuring that each caster is fully protected against contaminants that could compromise performance.
Combined with sealed precision ball wheel bearings, this caster series ensures zero-fix, 100% maintenance-free performance. The dual-wheel configuration enhances stability and allows for a lower overall height, offering a perfect blend of strength and maneuverability.
Casters in both series are finished in a durable HAA polyester platinum powder coat and are available in a wide variety of wheel types, allowing for customization based on application needs. For complete wheel specs and product details check out the Spinfinity® Super Endurance Caster Landing Page and all-new Spinfinity® Super Endurance Dual Caster Landing Page.

https://www.hamiltoncaster.com/Top-Menu/Resources/New-Products/hamilton-enhances-spinfinity-casters-launches-new-dual-wheel-caster-series

New Horizon Releases Innovative Functionality for Optimizing Inbound Logistics Scheduling at DCs

ACTON, Massachusetts – September 3, 2024 – New Horizon Soft, LLC (https://www.newhorizon.ai), a global leader in AI-powered supply chain planning software, announced today the release of a new version of its Buyers Workbench procurement planning software. The latest version includes the ability to optimally schedule inbound deliveries, taking into account distribution center (DC) receiving capacity, thus minimizing receiving bottlenecks and lowering inbound logistics costs. A research paper describing the innovative methodology and its deployment at an iconic $10B+ U.S. quick-service restaurant chain was recently published in the peer-reviewed academic journal, the International Journal of Operations Research and Information Systems.

Supply chain organizations typically plan purchase orders without regard to DC receiving capacity. This leads to bottlenecks on some days and underutilized staff on others. New Horizon’s methodology, called Master Purchasing Receipt Scheduling (MPRS), uses a novel algorithm to automatically and optimally schedule deliveries. The algorithm plans deliveries at the time of purchase order creation and results in a steady volume of deliveries and lower planning and logistics costs. While first deployed at a restaurant chain, the methodology is applicable to any manufacturer, wholesaler, retailer, or foodservice company operating high-velocity DCs.

Keep ReadingShow less
Thinkink Packaging Launches New Line of Custom Frozen Food Boxes to Enhance Product Freshness

Thinkink Packaging Launches New Line of Custom Frozen Food Boxes to Enhance Product Freshness

Pennsylvania, United States – August 2024 – Thinkink Packaging, a leader in innovative packaging solutions, is excited to announce the launch of its new line of Custom Frozen Food Boxes. Designed to meet the growing demand for sustainable and durable packaging in the frozen food industry, these new boxes offer a perfect blend of functionality, quality, and eco-friendliness.

The frozen food market is rapidly expanding, with consumers increasingly seeking convenient, ready-to-eat meals that maintain freshness and quality. Thinkink Packaging’s Custom Frozen Food Boxes are specially engineered to meet these needs, offering superior insulation to preserve product integrity from production to the consumer's freezer.

Keep ReadingShow less
Unlimited Service Group Launches New Repair and Maintenance Management Platform, USG Connect

Unlimited Service Group Launches New Repair and Maintenance Management Platform, USG Connect

ADDISON, Ill.--(BUSINESS WIRE)--Unlimited Service Group, a group of local foodservice equipment repair providers, today announced the launch of USG Connect, an innovative new repair and maintenance management platform designed to streamline and simplify the repair and maintenance of commercial kitchen equipment.

USG Connect provides commercial kitchens with a one-stop solution for hassle-free and scalable equipment service. The exclusive platform offers a user-friendly digital experience that allows restaurants, hospitals, hotels and more, to consolidate and manage their service requests into a single maintenance management system. No matter the size of the organization, USG Connect brings the power of 35+ trusted local service brands with more than 125 locations into a consistent service experience for our customers, ensuring seamless and effective management of all foodservice equipment service requests in one, easy-to-use online platform.

Keep ReadingShow less
Copyright ©2024.