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Key Questions to Ask When Considering Predictive Analytics

Key Questions to Ask When Considering Predictive Analytics

The transportation industry is currently adopting advanced technologies and techniques at a rapid pace. There has been an explosion of firms touting innovative and data-driven insights and a lot of companies offering tools to support predictive analytics, such as artificial intelligence (AI) or machine learning (ML) technology.

On the one hand, this is very exciting as the widespread use of predictive analytics will play a key role in the advancement of the industry. On the other hand, this technology can be daunting for someone who knows freight and logistics, but doesn’t have a background in mathematics, statistics, or computer science.

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Andrew Hooser

Using Data Insights to Optimize Logistics and Transportation

Digitizing decision-making is a crucial step to leveraging data to make positive impacts in an organization. Logistics and transportation data are critical in enabling proactive decision-making that informs supply chain initiatives. Q: How does logistics data impact the rest of the organization? A: Logistics is one of the few sources of information that shows the […]

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Dave Maddox

Manage Rates With On-Demand Quoting, Reverse Auction Tools

Q: Should shippers go to the spot market even when they have contracts? A: Shippers that have contracts, regardless of the mode, are seeing rates continue to climb. General rate increases are continuing in LTL and TL trucking, for example. So it’s a good idea to take advantage of the spot market for one-off loads […]

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Krenar Komoni

2021: Next-Generation In-Transit Visibility

To optimize visibility for all customers using in-transit visibility solutions, Tive has launched the Open Visibility Network (OVN) starting with project44 and FourKites. Q: What is the Open Visibility Network? Is it open to anyone (tech providers, carriers, shippers, etc.)? A: The Open Visibility Network is the collection and sharing of critical shipment data across […]

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