Onboard New Carriers in Seconds Instead of Hours

Freight procurement is a critical process within the supply chain. The key to success is moving goods on time while paying a fair market price, so end customers’ sales orders arrive on schedule. One of the primary puzzle pieces to freight procurement is securing compliant carriers (trucks and drivers) to move the freight. Unfortunately, the carrier onboarding process is cumbersome. According to Dean Corbolotti, VP of Managed Services at Sleek Technologies, “Onboarding new carriers correctly can take hours at best. And with everything else the transportation team has to juggle, it’s no wonder they limit the number of carriers they do business with."  Finding and Vetting Carriers  Finding and vetting carriers is a time-consuming process, which is required before any carrier can be added into a shipper's network. Traditionally, shippers would go to a public board and look for carriers based on specific criteria. They would dig into things like compliance, safety, accountability (CSA) scores, insurance/ liability, and operating authorities. Once a carrier passes the initial screening process, forms and data entry are required to solidify the new partnership which slows down the process even more.  Automating Carrier Onboarding  Updating the manual process of finding, vetting, and onboarding new carriers with automation software makes the process much faster. It goes from hours to seconds. Using a shipper’s specific load attributes, along with the carrier’s attributes, AI/ML algorithms go to work to dynamically match loads to compliant carriers. All of the onboarding leg work is done dynamically, eliminating the need for manual research. Plus with automatic daily compliance checks, shippers gain peace of mind!  Expanding Freight Capacity  Without automation, shippers rely...

Port of Oakland Strike, What’s Next?

On November 2nd, the flow of goods was halted for several hours as hundreds of International Longshore and Warehouse Union workers walked off the job at the Port of Oakland due to stalled contract negotiations which demanded better pay and benefits. By 6 PM, dock workers returned to the ports and operations resumed. Unfortunately, this serves as yet another stark reminder that logistics is unpredictable– especially when the front line is unhappy.  Dock & Warehouse Worker Threats  wsws.org reported that 83% of Port of Oakland clerks (200 out of 240) have outstanding wage claims dating back to June. Arbitration isn’t possible right now because there is no signed union agreement. 22,000 West Coast longshoremen are working without a signed contract. It’s surprising that union officials have been successful in suppressing US-based strikes, dodging a major bullet on September 16th when 200 Canadian dock and warehouse workers went on strike shutting down ports in Vancouver, British Columbia. Had US workers joined the strike, all West Coast ports from Canada to Mexico would have been shut down. Fast forward to late October, when 800 Port of Mobile Longshoremen decided not to strike with promises of returning to the bargaining table. Unfortunately, West Coast issues are not isolated. Wages, benefits, job security, and safety are global issues for dock workers who have protested in Germany, South Africa, England, Canada, and Australia.  Independent Truck Driver Threat  In addition to longshoremen's instability, we also need to keep in mind independent truck drivers. If you recall, independent truck drivers demonstrated at LA and Oakland ports in mid-July because they opposed the AB5 legislation (reclassifying drivers as...
Happy Carriers

Happy Carriers

AI-Powered Automation Helps Both The Shipper & Carrier Win!  If your business relies heavily on shipping to keep customers happy, there’s another group you have to keep happy, too. Carriers are the lifeblood of any shipping business, and maintaining strong carrier relationships helps to keep goods moving as planned– and most importantly arriving on time.   Unfortunately, small to medium-sized carriers are often overlooked, which is a big mystery knowing they represent the lion’s share of compliant, asset-based capacity on the roads today, and yield nothing short of industry-best service levels. This is precisely why FreightTech startups, like Sleek Technologies, have entered the space and worked hard to build strong meaningful relationships with small to medium-sized carriers across the US. And to help gauge carrier sentiment in relation to the competitors, Sleek Technologies most recent Carrier NPS [which determines the likelihood of a carrier to recommend the company to others] was 5X higher (57) than the industry average (10).  So what makes Sleek Technology so special? Sleek Technologies has advanced the decades-old way to procure freight by using AI and proprietary algorithms to dynamically source the perfect carrier, at the right time, place, and price for every load. So instead of relying on a small percentage [in some cases less than 1% through contracted carriers] of today’s available truckload capacity, large shippers can now automate carrier sourcing by tapping into a self-regulated freight marketplace. Shippers pre-configure load attributes, and AI dynamically matches out-of-network carriers who are checked daily for compliance. Without the middleman stealing economic value, both the shipper and the carrier win! With no hidden margins, the shipper reduces truckload...