Introduction In 2017, the logistics industry reached $1,171B. This is as much as today’s Indonesia’s and twice as much as Belgium’s GDPs. Additionally, logistics is expected to grow to $1,374B by 2023. Despite intensive development, transportation and logistics (T&L) continue to have low digitization. Only 28% of companies have rated themselves as “advanced” in this […]
From tougher global trade conditions to growing driver shortages, 2018 is chock-full of challenges in logistics. One of them is freight management. Shipping costs are moving skyward with a 4.9% rate increase announced by FedEx, UPS, and similar carriers. The trucker’s market alone keeps breaking records. DAT RateReview has revealed the average US trucking rates […]
Product: A Transportation Management System focused on connecting Shippers and their partners when executing Full Truckload transactions. The system includes: Quote Management, Partner Chat, Mobile/Ping Tracking, Analytics, History, and Automated Lane/Repeat Shipment creation.
Introduction Technology applied in the proper way can arouse pure astonishment. Artificial Intelligence is an example of how business can be revolutionized by extensive technical development. Innovecs conducted a great deal of research to gather all the information about AI advancements available at different sources in 2017. The visualization of the results can be accessed […]
This year we saw a lot of publicity surrounding Bitcoin, cryptocurrencies, and decentralized management of data registries. A major factor was the importance of elements of anonymity and independence of payees as well as the relations between the market participants, with an accent on the removal of intermediaries. Major banks have been researching Automatization of […]