Imagine you can predict the future. How would you answer the following:

Where is the transportation industry headed?

What will drive the change?

What opportunities will benefit the trucking and logistics industries most?

Answering these questions created thoughtful conversations among fleet executives at the 2019 Truckload Carriers Association annual conference in March. The consensus among those discussions – the industry is evolving quickly with technology paving the way.

According to the Commercial Carrier Journal, four major themes predicting the next directions for the industry emerged at the conference: enhancing transportation apps, growing logistics, embracing technology, and meeting customer needs.

FreightRover started considering industry shifts two years ago at its 2017 launch. The challenge in starting a transportation technology company wasn’t just to predict the future of the industry, but to help create it. While we didn’t have a crystal ball, our instincts were correct with our CarrierHQ platform aligning to each of the four key areas fleet executives predict the industry is heading next.

Enhancing Transportation Apps

Driver apps aren’t new. Many large fleets have created home-grown driver apps or purchased out-of-the-box options for years. However, many apps available to small fleets remain limited in scope. CarrierHQ’s app takes a more comprehensive approach:

  • Mobile marketplace – drivers can access fuel, medical, and equipment savings within the same place.
  • Driver settlements – CarrierHQ offers full pay visibility including establishing deductions, electing pay frequency, and viewing net earnings.
  • Factoring portal – fleets factoring with FreightRover’s affiliate partner Rover180 can access receivables information and upload invoice paperwork using their camera phone.
  • Private load board – asset-based carriers and 3PLs can post freight to drivers through CarrierHQ’s load board. Drivers can self-select freight and provide load updates through the app.

Growing Logistics

With more than $700M awarded in independent contractor misclassification lawsuits in the past 10 years, asset-based fleets are understandably concerned about leveraging the capacity of owner-operators. However, in a catch22, they also don’t want to introduce a third-party into their customer relationship to access additional capacity. CarrierHQ serves as an important tool for any fleet’s employment classification risk mitigation strategy. FreightRover partnered with Legalinc to offer business formation services inside CarrierHQ. Independent contractors follow a step-by-step process to obtain their DOT authority and establish a Limited Liability Corporation (LLC). In doing this, asset-based fleets can expand their brokerage operations to leverage independent contractor capacity and maintain the direct relationship with their customer, without assuming driver misclassification risks.

Embracing Technology

In the trucking industry, 97% of for-hire fleets comprise 20 trucks or less. With such fragmentation, widespread use of new transportation technologies historically has a long adoption curve. No shortage exists of new company entrants working to solve transportation’s biggest challenges. At the Transportation Carriers Association conference, Greg Hirsch, senior vice president of Daseke, described these companies as providing new voices to help the industry evolve and attract the next generation of drivers.

Many of the new technologies in transportation specialize in creating efficiencies and controlling costs. FreightRover developed CarrierHQ with the same goals in mind. Fleets can purchase four insurance policy types through the platform. FreightRover has reduced the antiquated multi-week process of obtaining insurance quotes and binding to less than 48 hours through a mobile device. Fleet owners or individual drivers answer a series of questions to generate a real-time quote among multiple insurance companies. A policy is chosen and the insurance certificate delivered digitally. With CarrierHQ’s insurance offering, fleets and independent contractors don’t owe any money up front, instead paying through weekly or monthly settlement deductions. The no up-front investment in insurance and pay-as-you-go model also removes a barrier historically preventing many independent contractors from obtaining their own authorities.

Meeting Customer Needs

As customers demand faster deliveries, shipper service requirements keep increasing. Carrier on-time pick-up and delivery is more important than ever. CarrierHQ’s private load board feature meets these increasing demands by connecting to truck telematic devices and driver cell phones to capture freight tracking data. Fleets grant shippers data access to create streamlined cargo visibility.

CarrierHQ also allows the technology to be custom branded. Fleets and 3PLs benefit by white labeling the platform to create and attract capacity using the service offerings of the mobile marketplace. White labeling existing technology expedites deployment, preserves IT resources, and provides a marketing boost.

Capacity remains one of the biggest challenges facing the industry. Trucking currently sits short 50,000 drivers, a number projected to triple by 2025. Sign-on bonuses and increased marketing spend typically only create turnover among fleets and the existing driver pool. These tactics generally fail to attract new drivers to the industry. Outside of significant legislation changes or economic factors like work conditions and compensation, technology provides one of the best opportunities to stem the driver shortage. CarrierHQ tackles this issue three ways: 1) low-cost business formation services; 2) reducing the need for up-front insurance capital, which averages $3,000-plus per truck for small fleets; and 3) providing mobile access to fleet service discounts for the top cost areas of fuel, equipment, and medical. By reducing these barriers to entry and growth, CarrierHQ opens the doors for more new drivers to join the industry.

To learn more about FreightRover’s CarrierHQ and how it could benefit your business, request a quick demo at https://www.freightrover.com/demo-request/

Capacity issues are plaguing the transportation industry. There’s a need for more shipping capacity, and yet the number of drivers is shrinking rapidly.

Through its latest release, FreightRover, the leading digital freight marketplace, is now readily available within Manhattan’s Transportation Management System.

Manhattan has partnered with FreightRover to give shippers the ability to find capacity matches for their specific freight needs. Manhattan TMS users can now utilize FreightRover’s Freight xChange service to efficiently locate and contract dependable, cost-effective alternative carriers, reduce turn-down rates, and expedite payment services.

“Finding capacity is becoming increasingly difficult, forcing shippers to look beyond their core carriers to meet their freight needs,” said Gregg Lanyard, Director of Product Management for Manhattan Associates. “Manhattan is pleased to partner with FreightRover to solve the biggest problem bottleneck facing today’s supply chain. By leveraging today’s shared economy, our TMS customers can quickly and easily find new carriers without compromising their standards for safety, security and service.”

Manhattan TMS users now have access to:

  • Transparent load details and pricing
  • The ability to offer your loads to your preferred carriers, or the open market
  • Negotiation-free capacity
  • Real-time load tracking
  • Extended payment terms at no cost through FreightRover’s PayEngine, while carriers get paid in as little as 24-hours

To activate FreightRover within your Manhattan TMS, simply fill out the form below to get started. To learn more about the full integration, click here.

While contracts are responsible for over half of all freight movement, spot markets still make up for 30-40% of hauled loads, according to Heavy Duty Trucking.  And most spot market freight is traditionally handled by (you guessed it) load boards. Shippers, brokers, carriers, and owner operators are all used to interacting on a regular basis through dozens of competing boards, but the process can be slow, clunky, and sometimes downright untrustworthy. Data remains stored within the load board, rather than utilizing the cloud to transmit information into the user’s TMS, selecting loads can waste hours on the phone, and at the end of the day shippers are often still left in need of capacity. So the question remains – is there a better way?

Lately, we’ve begun to see hundreds of new solutions popping up left and right. These services claim to handle one aspect or another better than a load board, but few have the experience or industry partnerships to solve all of the problems that traditional load boards present.  If you Google “freight matching software,” you come up with thousands of hits from hundreds of companies, all trying to tell you how to change your business model in order to take advantage of their technology.  The right solution, though, shouldn’t require you to change how you manage your freight.  Instead, the right software should do the work for you.

 

Searching Loads

Traditional Load Board:  

Most traditional load boards curate results through certain search parameters, such as origin/destination, pickup time, and deadhead mileage.  Once you’ve found a load that fits your needs, you’ll need give the broker a call to request it.  That phone call takes time away from managing your business. And with a traditional load board, each time you search, you will need to reset your parameters.

FreightRover:

We know that with selecting freight, time is actually money. In addition to all of the searching parameters of a traditional load board, FreightRover saves your favorite searches for later use.  Maybe you’re always looking for freight out of Chicago that goes to Oregon – FreightRover will automatically notify you when a load that matches your saved search pops up, so you don’t waste time clicking through pages of loads.

So, what’s in it for shippers and 3PLs? Well, you can easily set rules through FreightRover’s platform to automatically adjust load details and visibility after a set period of time. Say you post a load for $1,500 and you set your rule to automatically raise the price by $200 72 hours before the late pickup appointment.  If your load hasn’t been selected by that time, FreightRover will automatically adjust the price to $1,700 to sweeten the load for carriers searching on FreightRover.

 

Selecting Loads

Traditional Load Board:

When carriers and owner operators find a load that fits their needs, there are still a few hoops to jump through in order to select it.  You know the drill – you’ll have to pick up the phone and call to make sure the load is still available. Upon confirmation of it’s availability, you’ll probably negotiate your pay terms and might have to make it through a few call transfers to do so.

FreightRover:

In the age of online shopping, load selection just shouldn’t be that difficult.  Wouldn’t it be convenient if you could find a load you like, view the price up-front, and select it right from the app? FreightRover automatically checks to ensure the load is still fully available, and you’ll be awarded the load within seconds.  No time wasted on trying to pick up loads that don’t exist.

And while we think our software is pretty great, we know that users don’t want to spend time in yet another platform. That’s why we’ve built TMS connectivity that will publish your selected loads into your existing TMS software.  The best part?  No unnecessary calls or worrying about negotiations – just a few clicks and you’re on your way.

 

Selecting Payment

Traditional Load Board:

Standard pay terms mean freight bills can be slow to pay out. By nature, you are typically working with a stranger on a load board, which means that shippers need time to verify load documents, carriers can be slow to send those documents over in the first place, and the process bottlenecks, causing carriers to wait 90+ days for a check in the mail.

FreightRover:

Luckily, it doesn’t have to be that way.  FreightRover’s PayEngine ensures that carriers are paid in as little as 24 hours.  Payment options are presented upon load selection, and can be changed on a per-load basis. Shippers and 3PLs don’t need to worry about paying out immediately, though. Instead, enjoy standard 30+ day pay terms, without slowing payment down for the carrier.

 

Track Load

Traditional Load Board:

It can be anywhere from annoying to downright difficult to keep track of your load as it moves.  Drivers have to manually report check calls and load updates. And while there are a many 3rd party platforms that offer extensive tracking, that in-depth tracking comes with a price tag.

FreightRover:

We know that load tracking and analytics are vital to successful freight management. That’s why we’ve partnered with MacroPoint to enable much of their their real-time global freight visibility and in-depth analytics directly within the FreightRover platform.  Working together, our platforms create automatic check calls for loads in FreightRover to virtually eliminate wasted time manually reporting updates.

 

Scan Docs

Traditional Load Board:

Searching, selecting, and tracking loads in a traditional load board can be a little clunky, but document approval is where it gets downright messy. From mailed-in documents, to long lines at the truck stop waiting for scanning, document validation significantly slows down the payment process for both the carrier or owner operator, and the shipper/3PL.

FreightRover:

FreightRover’s partnership with Pegasus Transflo means that when the load is completed, drivers and their carriers can easily snap a few photos of the appropriate documents and send them off to the shipper or 3PL.  Shippers then have the option to either accept the documents, or request additional images.  As soon as the documents are accepted, FreightRover automatically releases payment to the carrier.  Indexing and repository is free and mobile scanning means drivers get to skip the truck stop line and head back out onto the road.

 

Finalize Loads

Traditional Load Board:

There’s no reason to beat a dead horse. We know that even after the load is finalized, the paycheck for a load hauled today might not come for two or three months.

FreightRover:

Carriers will receive their payment based on their pay terms selection, including 24-hour pay.  Shippers pay using their financing terms agreed upon enrollment (typically 30+ days).  Everyone is happy, and freight keeps moving.

 

When looking for the best way to find and manage freight or capacity, there’s plenty of options out there.  But which one is right for your business?  At FreightRover, we’ve streamlined the process from end-to-end.  From the moment you search a load in our system, all the way through receiving documents and finalizing the load, the process is simple and the control is comprehensive.

FreightRover works like a dog, so you don’t have to. To request a demo of FreightRover, give us a call at (866) 621-4145 or send an email to sales@freightrover.com

Indianapolis, In., (Sept. 19, 2017)  FreightRover, the streamlined freight exchange and management app, now integrates seamlessly with AscendTMS, the world’s #1 rated web-based Transportation Management Software. Users of both platforms can utilize the power of FreightRover’s load posting and load searching/selection, state-of-the-art tracking and analytics, and QuickPay options, directly within the AscendTMS platform.

 Furthermore, all of FreightRover’s current integrations (MacroPoint, Transflo, TriumphPay, and SaferWatch) are available to AscendTMS users who utilize FreightRover’s services. Moreover, the AscendTMS logistics software, including the FreightRover integration, is being provided to any FreightRover customer at no charge.

AscendTMS is a powerful enterprise level Transportation Management System (TMS) used by freight brokers, shippers and trucking companies to manage their entire business and logistics operations. It is the world’s only truly web based TMS software, and requires no downloads, setup, contracts, licensing fees, or support fees.

“Every freight broker, shipper, and carrier customer of AscendTMS have asked us to help automate the repetitive typing in of loads and the updating of them as the parties book loads. This is the first time any TMS has managed to do this. Our open API allows FreightRover to communicate with one or both parties in the transaction so we can update their TMS systems with absolutely no technical work by the AscendTMS customer,” says Tim Higham, president and CEO of InMotion Global, Inc.

Two-way communication between FreightRover and AscendTMS allows users to post loads without a hitch. The FreightRover app is available to every AscendTMS user directly from the FreightRover website.

FreightRover’s software and strategic integration allows users to simplify freight management from load tendered to load delivered, right from the AscendTMS platform. There are no fees to post or search loads on FreightRover, so users only pay upon load selection.

“It only makes sense for us to integrate with such an innovative platform as AscendTMS. FreightRover was designed to streamline the business of transportation, and we fully believe users will be very impressed with the synergies created between these two platforms,” says Eric Meek, CEO of FreightRover.

Within AscendTMS, all FreightRover users have access to real-time load tracking, full visibility to rates and appointment times, document scanning and retention, and ability to message each party to a specific load. Users also receive intelligent load status updates through geofencing, which restricts results based on the current location reported by GPS, and extensive load analytics.

The freight exchange app provides shippers the ability to build loads and set dynamic rules to automatically adjust the load’s price and other details after a specified time. Carriers utilize the rules engine to set email alerts and push notifications for loads that match their preferences, further simplifying the load building and search process.

Within FreightRover, shippers post to a select group of carriers, or the open market, and carriers are then able to select the loads that fit their needs.

To learn more about AscendTMS and the FreightRover integration, visit http://www.thefreetms.com/features/FreightRover.