Robust technology platforms are key to gaining and maintaining competitive advantage in the transportation and logistics industry
Did you know that the trucking industry will grow an average of 3% over the next 5 years?
As of August 2017, American Trucking Associations reported that almost $676.2 billion in revenue was generated in 2016 by the transportation industry in the United States. However, a large portion of the market is led by large players such as;
- UPS ($61 billion),
- Union Pacific ($20 billion), and
- Delta Airlines ($10 billion).
The common thread among these large transportation companies is their advanced technology platforms. As a result the importance of having a robust technology platform cannot be overstated.
ShipTrack, a technology leader in the transportation industry, empowers transportation companies and couriers to ensure fast delivery by focusing on three core areas:
Proper Handling and Chain of Custody
ShipTrack’s mobile app provides drivers all the information they need at their fingertips. This includes special comments as well as turn-by-turn directions. Using barcode scanning ensures fast accurate, error-free data collection and processing to support workflows.
Visibility and Real-Time Updates
Knowing when something critical like blood is arriving with automatic notifications, lets hospitals prepare in advance. Shipments that are time-sensitive require live tracking technology to ensure they are delivered in an efficient and timely manner.
Integrations to Existing Systems
Electronic Data Interchange (known as EDI) reduces dispatch time and therefore increases communication between various locations, customers and consignees.
For a courier company using ShipTrack, operations staff have the necessary chain of custody, integrations and invoicing with automated routing for any delivery. With the ability to send information between systems, each order can be sent to your accounting system and invoiced to your client automatically.
Would you like your piece of the $676.2 billion transportation industry’s pie?