CLEVELAND — Twenty-four firms showcased their FreightTech innovations during three rounds of rapid-fire demo sessions last week at FreightWaves’ Way forward for Supply Chain event in Cleveland.
FreightWaves’ rapid-fire demos are seven-minute demonstrations of an organization’s product on stage in front of a live audience, allowing firms to display how their innovations may help the freight industry.
Attendees voted on the demos that stood out to them, and 4 firms were named best in show. Listed here are the winners in alphabetical order.
Ryder
Ryder System (NYSE: R) took to the stage to showcase the newest generation of RyderShare, which the corporate originally launched in May 2020.
Miami-based Ryder provides supply chain, dedicated transportation and freight management solutions, including freight brokerage, warehousing and distribution, e-commerce achievement, and last-mile delivery services.
RyderShare is a visibility and collaboration platform that permits everyone involved in moving goods — including shippers, receivers, carriers and repair providers – to see across the availability chain in real time and work together to stop costly delays and find efficiency gains.
“With the ability of RyderShare, I’m in a position to make informed decisions and proactively communicate with my customers, ultimately reducing risk in the availability chain and providing a greater customer experience,” said Jared Hall, director, product development, at Ryder Supply Chain Solutions.
Trucker Tools launched a product called Text to Track during its rapid-fire demo in Cleveland.
Trucker Tools, based in Reston, Virginia, is a provider of trip planning, shipment visibility, predictive freight matching and automatic booking solutions for the transportation industry.
Its text to trace solution allows freight brokers to trace loads in real time using text and WhatsApp message technology. With Text to Track, all that is required is the contact information for the driving force delivering the load to attain start-to-finish, real-time visibility.
“Text to Track is a game-changing method to get single-instance updates on driver locations via SMS or WhatsApp straight into your TMS,” said Kary Jablonski, president and CEO of Trucker Tools. “There isn’t a manual motion required and it integrates fully. You’ll be able to pass them on to shipper platforms, like FourKites, [Descartes] MacroPoint and project44. It’s super easy to make use of.”
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Truckstop
Truckstop highlighted how its data scientists are using recent algorithms to assist firms mitigate compliance risks. It also announced a brand new partnership with Carrier Assure.
Boise, Idaho-based Truckstop, founded in 1995, is certainly one of the most important digital freight marketplaces in North America.
Carrier Assure, founded in 2021, helps brokers and shippers stop double brokering, cargo theft and fraud by producing a predictive performance rating.
“We’re super excited today to announce an exclusive partnership that we’re launching with Carrier Assure, which takes all the FMCSA data, all of those different indicators of potential risk and fraud, and boils it down into a very powerful rating,” said Nick Wynkoop, Truckstop’s director of product and freight matching. “It’s the correct data in the correct place at the correct time in the correct method to get you moving and making the correct decision.”
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Turvo
Turvo, which connects shippers, logistics providers and trucking firms through its cloud-based TMS platform, demonstrated how its technology goals to avoid wasting money and time through collaboration.
Turvo, which was founded in 2014, is predicated within the San Francisco Area with offices in Dallas, Texas, and Hyderabad, India.
“Today, we desired to showcase our primary differentiator: collaboration,” said Ashley Smith, a Turvo senior sales engineer. “We’ll show how each member of your supply chain interacts with Turvo to deliver the final word customer experience and the way our customers have seen that 70% reduction in phone calls and emails with Turvo’s collaborative TMS.”
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Here’s the complete list of this 12 months’s rapid-fire demo exhibitors from the Way forward for Supply Chain event in Cleveland.
Watch: FreightWaves’ 2023 Shipper of Alternative awards announcement.