We use cookies to provide you with a better experience. By continuing to browse the site you are agreeing to our use of cookies in accordance with our Cookie Policy.
  • ::COVID-19 COVERAGE::
  • INDUSTRY PRESS ROOM
  • SUBMISSIONS
  • MEDIA FILE
  • Create Account
  • Sign In
  • Sign Out
  • My Account
Free Newsletters
  • MAGAZINE
    • Current Issue
    • Archives
    • Digital Edition
    • Subscribe
    • Newsletters
  • STRATEGY
  • GLOBAL
  • LOGISTICS
  • MANUFACTURING
  • PROCUREMENT
  • VIDEO
    • News & Exclusives
    • Viewer Contributed
    • Upload your video
  • PODCAST ETC
    • Podcast
    • White Papers
    • Webcasts
    • Events
    • Blogs
      • Reflections
      • SCQ Forum
    • Mobile Apps
  • MAGAZINE
    • Current Issue
    • Archives
    • Digital Edition
    • Subscribe
    • Newsletters
  • STRATEGY
  • GLOBAL
  • LOGISTICS
  • MANUFACTURING
  • PROCUREMENT
  • VIDEO
    • News & Exclusives
    • Viewer Contributed
    • Upload your video
  • PODCAST ETC
    • Podcast
    • White Papers
    • Webcasts
    • Events
    • Blogs
      • Reflections
      • SCQ Forum
    • Mobile Apps
Home » How digital freight networks can increase visibility

How digital freight networks can increase visibility

New "Hot Topic" publication from CSCMP looks at how digital freight networks can help shippers get the most out of their data.

SOLwebinar
June 18, 2020
Supply Chain Quarterly Staff
No Comments

Digital freight networks (DFN)—also known as digital freight brokers—serve as an online matchmaker, bringing together shippers with available loads and trucking companies with available capacity. For years, DFNs have competed by saying they are able to make these matches faster than traditional brokers.

According to the May 2020 Hot Topic publication from the Council of Supply Chain Management Professionals, DFNs also benefit their customers by providing data and analytics that can reveal operational inefficiencies occurring throughout the shipping process. 

Written by the digital freight network company Convoy, the Hot Topic, titled “Supply Chain Visibility and the Digital Freight Network,” outlines how DFNs collect a large amount of operational data throughout the brokering process and while they are tracking a customer’s shipment. DFNs can then share that data with shippers to identify potential inefficiencies. They can also look at the data across all their customers and carriers to provide industry benchmarks.

Data and insights, argues Convey, have become “the new currency of the modern supply chain.” Those who continue to operate without analysis and insights, the company warns, will pay the price by way of wasted spend, unchecked carbon emissions, and carrier dissatisfaction.

This Hot Topics is free to CSCMP members and nonmembers by visiting cscmp.org.

Strategy
  • Related Articles

    Digital networks help retailers “pivot” post Covid-19

    Commentary: How LSPs are driving profits through digital transformation

    Cleo and FourKites Partner to Increase Supply Chain Agility and Visibility for Global Logistics &

Recent Articles by Supply Chain Quarterly Staff

Cargo volume down in Oakland

Safety experts to headline National Forklift Safety Day 2022 program on June 14

FedEx and Aurora expand autonomous trucking pilot

You must login or register in order to post a comment.

Report Abusive Comment

Most Popular Articles

  • Logistics pros warn of business impact from Russia-Ukraine war

  • Container prices continue to drop

  • How to resolve your inventory dilemma

  • Warehouse vacancy rates sink to 27-year low

  • Empty shipping containers stack up at U.S. port depots

Featured Video

Cccb7d13 710a 4473 8132 da8b6cc286f1

The Sportsman's Guide Case study: Increasing Accuracy & Productivity

Viewer Contributed
Thanks to the Lucas Warehouse Optimization Suite, The Sportsman's Guide has increased productivity, reduced training time, and experienced a boost in accuracy for both full-time staff and seasonal employees. Want to learn how Lucas can help your DC be more efficient, accurate, and safe while reducing labor costs?...

FEATURED WHITE PAPERS

  • Omnitracs One – Last Mile Solutions

  • The enterprise shipper's guide to building a smarter truckload RFP

  • Fixed vs. Flexible Automation: Which Option is Better for 3PLs?

  • Enhancing Relationships in Logistics through Data & Collaboration

View More

Subscribe to Supply Chain Quarterly

Get Your Subscription
  • SUBSCRIBE
  • E-NEWSLETTERS
  • ADVERTISING
  • CUSTOMER CARE
  • CONTACT
  • ABOUT
  • STAFF
  • PRIVACY POLICY

Copyright ©2022. All Rights ReservedDesign, CMS, Hosting & Web Development :: ePublishing