FourKites Accelerates "Zero Deadhead" Initiative to Help Shippers Share Unused Truck Capacity
ConAgra Brands, Inc. (CAG)
Last conagra brands, inc. earnings: 3/31 07:28 am
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Source: PR Web
CHICAGO (PRWEB) October 31, 2018 FourKites, the leader in predictive supply chain visibility, today announced a new business unit designed to drive adoption of new technology that minimizes trucking "deadhead" by sharing capacity across like-minded shippers and carriers. Nearly 40 percent of trucks on the road are empty at any given time, and yet capacity shortages are driving transportation costs up by 15 percent or more this year across the industry. FourKites believes capacity sharing can reduce 15 to 20 percent of overall shipping costs – and reduce environmental impact – by allowing shippers and carriers to access unused truck capacity via private networks, using real-time visibility and artificial intelligence via the FourKites platform. FourKites recently launched its Predictive Capacity Management (PCM) product, which is the industry's first to dynamically match shipments with available capacity. By comparison, traditional matching technologies and load boards operate based o
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