U.S. e-commerce revenue is about $423.3 billion and is steadily climbing. Whether it’s full truckload, less-than-truckload (LTL), or parcel, carriers are being forced to adjust to changes in the retail industry. One recent change includes the incorporation of more cutting-edge technology for freight brokers. While there are countless types of transportation broker software available, those considered most useful typically have shipment tracking integration, and more importantly, MacroPoint capabilities. Here are just a few of the most important benefits of MacroPoint for freight brokers.
According to the U.S. Department of Transportation, the value of freight moved is expected to increase from $882 per ton in 2007 to $1,377 per ton in 2040. Fortunately, one of the biggest advantages of MacroPoint is that it incorporates and consolidates real-time logistics tracking data and technology. This data is received from carriers and is then transformed into an easy-to-read and straightforward platform that has all the info you need to work efficiently. With this valuable logistics tracking data, you can face the increasingly difficult challenges that come with freight management.
It may seem surprising, but it’s true: Nearly 12 million trucks, rail cars, locomotives, and vessels move goods over the transportation network, and fortunately, MacroPoint boasts the largest network of fully connected carriers. The system is also continuing to expand to onboard hundreds of new carriers each and every month. What’s particularly convenient is that customers have the ability to match and track even more of their freight and at a higher level of efficiency than ever before — all while saving money.
Finally, MacroPoint has the one of a kind capability to allow teams of carriers to view, predict, analyze, and communicate the real-time status of any shipment. This helps to maximize the percentage of on-time deliveries while minimizing potential disruptions and risk of carrier detention fees.
In 2013, trucking transported nearly 15 billion tons of cargo, and the Bureau of Labor Statistics reports that by 2040, that number is expected to increase to 18.79 billion tons. With that in mind, it’s essential to understand the various features and shipment tracking integrations of various TMS systems. For more information about MacroPoint, contact 3PL Systems.