Road Freight – the Core of Logistics
Trucking is the core of all logistics movement, and faces operational challenges set by paper-based records: delayed and disputed payments. Many transporters lack IT infrastructure, as their focus is the management of transport assets (trucks). As a result, they often rely on 3PLs (third party logistics providers) to coordinate with major shippers and sub-contract to them.
This creates a transport supplier base that is fragmented and difficult to manage, often sub-contracting their services to the owners and operators of ‘market-hired vehicles’ by at least one level to create a sufficiently large distribution network and adding additional cost. Transporters face working capital challenges due to slow payment, and cannot optimize their asset utilization without full visibility over movements in the network.
