“Worker shortages, geopolitical forces and the lingering impacts to the supply chain due to a global pandemic; that’s a lot of challenges for any industry to bear, but one could easily argue its impact on the trucking and logistics industry is by far the most prominent.
The situation today will make for lasting changes in trucking. So, what are those factors trucking companies must navigate into the future as they prepare for more pressures around environmental impact, operational efficiency and safety?”
Matt Schrap, CEO of Harbor Trucking Association
CASHFREIGHT.COM MOVES TOWARD AUTONOMOUS NATIONAL DATABASE FOR THE TRANSPORTATION INDUSTRY.
As a general rule, shippers give their loads to multiple brokers. Brokers disseminate their loads through multiple load boards that limit viewing loads to those carriers who purchase a monthly subscription. Carriers who have a monthly subscription then search for loads from multiple load boards, websites, email lists, or by calling multiple contacts. This is a mundane out of date crazy process that is both costly and inefficient.
Cashfreight.com brings all those participants in the freight industry together through automation!
“The market is so disconnected that a veritable army of brokers have carved out the middle of the market to connect these independent drivers to the gigs they need to stay alive ” Jonathan Goodwin
WHAT DOES THE TRUCKING INDUSTRY LOOK LIKE IN THE FUTURE?
Benefits for shippers include:
Shippers maintain control over pricing and receive recommended pricing for loads.
One location one time posting- No need to post your load with multiple brokers.
Once a load is posted cashfreight.com eliminates all the mundane negotiation phone calls, paperwork, dispute, and payment processes.
Load confirmations, bill of ladings, invoices and payments are all handled by the software. In house BOL can be uploaded and stored on the website. Documentation can be printed at any time.
Monitoring of user’s insurance, safety ratings, and feedback are handled for you.
Favorite Carriers – If you have carriers you like to use, you can limit the negotiation to only those carriers, or open it up for new carriers to make offers.
Shippers verify load is received in good condition or open a dispute. Small disputes can be handled with DisputeSolver, and larger disputes can be forwarded to insurance companies for resolution.
Payments are automated at the time the load is contracted and there is no need to go back and verify documents and make payments, reducing time and money.
This website/software will save time, human resources, and money.
Feedback is given for each user on each load to help establish and monitor good business practices.
Benefits for Brokers Include:
Brokers can sign up and are granted a link and a mobile APP that they enter onto their company website.
Once activated the link tracks all business through the link, and their shippers and carriers will enjoy all the benefits cashfreight.com provides.
Brokers are paid a commission on each load contracted through their website.
Benefits for Carriers Include:
Offer to increase rates when they feel posted rate is too low.
Enhanced search for loads.
Automated documentation.
Automatic Payment.
Eliminates Factoring.
Savings in time and human resources.
Eliminates monthly subscription fees.
View all available loads increasing chances loads will be found and contracted, reducing deadhead miles.
Upload signed documents from phone.
It will take time and user support to establish cashfreight.com as the national platform for the industry, please join us, the benefits far out weight the costs. If you have any questions, we would love to have a meeting with you and your staff.
JOIN THE TRUCKING INDUSTRY OF THE FUTURE!!
The trucking industry has moved the world’s goods for nearly a hundred years, with relatively little innovation of the business since the introduction of the modern highway system. Other than enhanced engines and adjustments made to increase the average freight load, not much has truly changed.
The world of trucking and logistics is highly fragmented and long overdue for modernization.
TRUCKING TODAY
As of 2011, there were more than 3 million professional truck drivers in the US, moving 9.2 billion tons of freight and generating $603.9 billion in revenues in primary shipments alone.
Surprisingly, most actually lease on to or contract with larger carriers and use the carrier’s’ identification numbers, which suggests a consistent struggle for independent truckers to find sustainable business.
The market is so disconnected that a veritable army of brokers have carved out the middle of the market to connect these independent drivers to the gigs they need to stay alive. A quick Google search of “trucking brokers” brings up several brokerages, who offer the opportunity to book a truck or a load.
As well, the trucking industry is lurching into the 21st century over a huge hurdle: digitization. Late last year, the Federal Motor Carrier Safety Administration issued a rule to benefit public safety that requires truck drivers to log their driving times electronically. This new change squeezes drivers in two directions: they won’t be able to fudge the logs and drive late to ensure shipments are delivered on time and they could face pressure from their clients when they opt for a break. Digital Transformation for the Trucking Industry with Platforms By Jonathan Goodwin
