Industry Insight from Banyan Technology

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Learn more about what is going on in the transportation industry and across the supply chain with the latest from Banyan's blog.

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How to Determine the Best Shipping Mode for Your Freight
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How to Determine the Best Shipping Mode for Your Freight

Full truckload, less-than-truckload, parcel, intermodal. Over-the-road, air, cargo ship, train. In today’s world, there are numerous ways to ship your company’s freight that it can be a daunting t...

Improve Your Carrier Communication Strategy with Transparency
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Improve Your Carrier Communication Strategy with Transparency

Shippers and carriers need to work together to get the best results. To do that, they need to be open and honest about their freight and share as much information as possible. By doing so, the shippin...

Cybersecurity in Transportation: How to Protect Against Data Breaches
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Cybersecurity in Transportation: How to Protect Against Data Breaches

The recent ransomware attack to the Colonial Pipeline was a huge eye-opener for many companies across the transportation industry. It not only showcased how vulnerable companies are – no matter what...

Is Intermodal Transportation Right for Your Company?
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Is Intermodal Transportation Right for Your Company?

Intermodal transportation is becoming more and more popular for a number of shippers. It is a process that involves two or more modes or carriers to move goods from the shipper to the receiver. It can...

Why are More 3PLs and LTL Companies Venturing into Last-Mile Delivery?
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Why are More 3PLs and LTL Companies Venturing into Last-Mile Delivery?

Last-mile delivery is the new frontier for many third-party logistics providers (3PLs) and LTL carriers. Thanks, in part, to the global COVID-19 pandemic and how it changed the way people and companie...

Full Truckload Automation: Taking the Manual Out of Spot Rate Quoting
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Full Truckload Automation: Taking the Manual Out of Spot Rate Quoting

In most industries, companies have similar goals – and they often boil down to saving time and money and increasing productivity. This is no different in the full truckload shipping sector. Companie...

Full Truckload Automation: Taking the Manual Out of Spot Rate Quoting
Blog

Full Truckload Automation: Taking the Manual Out of Spot Rate Quoting

In most industries, companies have similar goals – and they often boil down to saving time and money and increasing productivity. This is no different in the full truckload shipping sector. Companie...

Improve Your LTL Freight Management with Dynamic Pricing
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Improve Your LTL Freight Management with Dynamic Pricing

Change is constant. Throughout the supply chain, we see changes in material costs, demand, fuel surcharges – you name it. So, why in an industry that is constantly affected by change, are we stuck u...

The Importance of Freight Visibility Throughout the Supply Chain
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The Importance of Freight Visibility Throughout the Supply Chain

When you think of freight visibility, what does that mean to you? Is it just about knowing where your freight is or when it will arrive at its final destination? Is it knowing that it was put on the t...

The Digitization of LTL Logistics
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The Digitization of LTL Logistics

With the advent of the Internet of Things and the promise of artificial intelligence and machine learning right around the corner, digitization is impacting just about everything these days – includ...

Making the Switch: How to Integrate New LTL API Technology
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Making the Switch: How to Integrate New LTL API Technology

There is no denying it. Overhauling or updating legacy technology platforms is a big task. However, the opportunities it presents outweigh the challenges to performing the updates. Plus, as the transp...

What is the “Amazon Effect” and What Does it Mean for LTL?
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What is the “Amazon Effect” and What Does it Mean for LTL?

The Amazon Effect is impossible to ignore. By definition, it refers to the impact the juggernaut, and all other digital marketplaces, has had on the retail industry. As online shopping and ecommerce h...

Carrier Capacity and Its Impact on the Supply Chain
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Carrier Capacity and Its Impact on the Supply Chain

Thanks to an increase in e-commerce and an abundance of freight, we are in the middle of a very carrier-friendly negotiating environment. LTL freight volume is exceptionally high, while carrier capaci...

The Truck Driver Shortage and Its Impact on LTL
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The Truck Driver Shortage and Its Impact on LTL

While the truck driver shortage has been an ongoing problem for the better part of a decade, it is still having a large impact on all aspects of the transportation industry and was only accelerated by...

The Importance of an Agile Business Strategy
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The Importance of an Agile Business Strategy

For any company in any industry, it is highly important to set forth your business strategy and remain committed to it to achieve your best results. However, it is also important to be nimble, agile a...

Increasing Sustainability in LTL Transportation
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Increasing Sustainability in LTL Transportation

Sustainability has been a buzzword for a while now, as it is something everyone can play a part in and something we all need to take responsibility for. As more corporations and consumers prioritize ...

General Rate Increases & Their Impact on LTL Shippers
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General Rate Increases & Their Impact on LTL Shippers

’Tis the season for general rate increases (GRIs)! LTL carriers across the board are releasing an increase on their base shipping rates. To date, Old Dominion Freight Line announced a 4.9% GRI, Saia...

The Impact of Ecommerce on LTL
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The Impact of Ecommerce on LTL

Ecommerce was already steadily growing before the pandemic hit. Since COVID-19, it has boomed. According to ZD Net, ecommerce accounted for around 35 percent of all U.S. retail sales in 2020. Experts ...

The Impact of Ecommerce on LTL
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The Impact of Ecommerce on LTL

Ecommerce was already steadily growing before the pandemic hit. Since COVID-19, it has boomed. According to ZD Net, ecommerce accounted for around 35 percent of all U.S. retail sales in 2020. Experts ...

The Effect of Freight-Pricing APIs on LTL Contract Negotiations
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The Effect of Freight-Pricing APIs on LTL Contract Negotiations

As freight-pricing application programming interfaces (APIs) continue to proliferate throughout the transportation industry, they increase the data and information that shippers, 3PLs and carriers hav...

How to Improve LTL Carrier Negotiations
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How to Improve LTL Carrier Negotiations

You can improve the process and results of your LTL carrier negotiations by being as prepared as possible. The best way to do that is by aggregating as much data as you can – about your own freight ...

The Challenges Faced by 3PLs and How Freight-Pricing APIs Can Alleviate Them
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The Challenges Faced by 3PLs and How Freight-Pricing APIs Can Alleviate Them

A Conversation with Banyan Technology’s Lynn Caldwell and Tech Transport’s Bob Freed Bob Freed and Tech Transport, a freight management company that simplifies its customers’ shipping functions...

Incorporating APIs into a Transportation Management System
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Incorporating APIs into a Transportation Management System

The digitization of freight management and transportation logistics is well underway and is being widely adopted by carriers, 3PLs, shippers and other supply chain companies. This was inevitable becau...

Shipping Tips to Survive the “Ship-ocalypse” with Pierbridge
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Shipping Tips to Survive the “Ship-ocalypse” with Pierbridge

The COVID-19 pandemic wreaked a tremendous amount of havoc in 2020, and the shipping industry was not immune to its drastic impact. As people were forced to stay indoors, a major shift to e-commerce a...

LTL Logistics: What to Expect in 2021
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LTL Logistics: What to Expect in 2021

2020 was an interesting year to say the least. The COVID-19 pandemic had a drastic effect on the global economy, hindering many industries – including transportation. With the online shopping boom a...

Time for an LTL Pricing API? 8 Questions to Ask Providers
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Time for an LTL Pricing API? 8 Questions to Ask Providers

Are you ready for an LTL pricing API that will streamline freight purchasing while saving money on freight costs? ...

Shippers Unload RFPs, Pick Up Pricing APIs
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Shippers Unload RFPs, Pick Up Pricing APIs

The traditional RFP process for less-than-truckload (LTL) shipping contracts is an institutionalized approach that helps shippers plan budgets while giving carriers information they need to determine ...

4 Things Leaders Need to Know About LTL Pricing APIs
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4 Things Leaders Need to Know About LTL Pricing APIs

As a transportation manager, you understand that your company needs to continually move toward full freight digitization. You know that organizations that run from it will be left behind. ...

Get to Know: Steve Vondra, Senior Director of Transportation Strategy Q & A
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Get to Know: Steve Vondra, Senior Director of Transportation Strategy Q & A

With over 27 years of logistics experience, Steve Vondra joins the team as Senior Director of Transportation Strategy to drive high-level conversations around transportation optimization, capacity man...

Build Better Relationships with Freight Digitization
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Build Better Relationships with Freight Digitization

Fueled by the pandemic, the logistics industry has been involved in a multi-year trend to adopt technology that replaces paper forms with digital information. ...

End the Annual RFP Process Forever
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End the Annual RFP Process Forever

The annual transportation RFP process has been like the weather – everybody complains about it, but nobody can do anything about it. However, that's no longer true. Shippers and carriers have techno...

Making the Case: Accelerating Your Freight Digitization Strategy
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Making the Case: Accelerating Your Freight Digitization Strategy

The push for freight digitization has been underway for years, but COVID-19 accelerated the trend. It quickly became evident to shippers, carriers and drivers that moving pieces of paper along with th...