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XPO Logistics Announces Four New Technology Initiatives for Less-Than-Truckload Optimization

XPO Logistics expects to generate approximately $100 million in incremental operating profit over the next two years from proprietary less-than-truckload technologies.

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XPO Logistics expects to generate approximately $100 million in incremental operating profit over the next two years from proprietary less-than-truckload technologies.

SMC³ recently spoke with Jeff Heller, vice president of intermodal and automotive at Norfolk Southern, about the effect the tight trucking capacity market is having on the intermodal industry.

The spot market is not a replacement for contracted LTL rates, but it can help shippers and 3PLs save money and supplement capacity needs in specific situations.

Frank Hurst, president of LTL provider Roadrunner Freight, a division of Roadrunner Transportation Systems, recently spoke with SMC³ about how the company uses its logistics technology products and how the carrier views innovation.

The volume pricing API is the newest tool in SMC³’s ever-growing collection of Execution and Visibility APIs - tools that are tailored for efficient, fast and powerful direct-to-carrier LTL communications.

While technological innovations can revolutionize how supply chain businesses advance, it’s important for all participants to be a little bit skeptical when supposedly new game-changing technologies are introduced.

Much of the market is weighing the pros and cons of transactional APIs versus EDI communications, but these messages must be coupled with high-speed analytical solutions that allow shippers and 3PLs to perform rating and transit-time analysis and audit to truly optimize their logistics network.

With all the moving parts in the trucking sector these days, in the form of things like carrier pricing power, tight capacity, and the secular driver shortage, things like trucking regulations can get overlooked. But at this week’s SMC3 Connections event at The Greenbrier in White Sulphur Springs, West Virginia, that was far from the case in a session that featured Larry Minor, associate administrator for policy at the Federal Motor Carrier Safety Administration (FMCSA), and Dan Horvath, director of safety policy for the American Trucking Associations (ATA).

Less-than-Truckload plays a pivotal role in the smooth operation of the supply chain, and companies that play the game well by aligning with the right carrier and technology partners know that LTL shipping is an extremely valuable transportation option.

Whether conducting an LTL RFP with the intent to manage transportation spends or increase provider options, a professional bid application adds structure to the process, resulting in improved efficiency, reduced risk of errors and quicker bid turnaround times.

As you face capacity issues and rising freight rates, download this Making the Case report to learn how to optimize your LTL operations and get more strategic with your carrier and provider partners.

This paper details how SMC3 designed Bid$ense for complete procurement transparency, and how you’ll move ahead with ease and confidence toward best-choice carrier qualification and truly strategic LTL procurement.

As a direct result of the thriving ecommerce landscape, SMC³ recently talked with FedEx Supply Chain executive Ryan Kelly about reverse logistics and how less-than-truckload carriers are capitalizing on this developing trend.

John Wiehoff, CEO of C.H. Robinson recently spoke with SMC³ about emerging technologies in the industry, unique supply chain opportunities, and how C.H. Robinson uses technology to optimize its business.

The SMC³ Platform empowers 3PLs and Shippers of any size to successfully navigate and optimize the LTL shipment arena, choose the level of computing power based on your specific needs and operating environment with a technology platform offering the best of all worlds.