We use cookies to provide you with a better experience. By continuing to browse the site you are agreeing to our use of cookies in accordance with our Cookie Policy.
  • ::COVID-19 COVERAGE::
  • INDUSTRY PRESS ROOM
  • ABOUT
  • CONTACT
  • MEDIA FILE
  • Create Account
  • Sign In
  • Sign Out
  • My Account
Free Newsletters
  • MAGAZINE
    • Current Issue
    • Archives
    • Digital Edition
    • Subscribe
    • Newsletters
    • Mobile Apps
  • TRANSPORTATION
  • MATERIAL HANDLING
  • TECHNOLOGY
  • LIFT TRUCKS
  • PODCAST ETC.
    • Podcast
    • Blogs
      • Analytics & Big Data
      • Best Practices
      • Dispatches
      • Empowering Your Performance Edge
      • Logistics Problem Solving
      • One-Off Sound Off
      • Public Sector Logistics
      • Two Sides of the Logistics Coin
      • Submit your blog post
    • Events
    • White Papers
    • Industry Press Room
      • Upload Your News
    • New Products
      • Upload Your Product News
    • Conference Guides
    • Conference Reports
    • Newsletters
    • Mobile Apps
  • DCV-TV
    • DCV-TV 1: News
    • DCV-TV 2: Case Studies
    • DCV-TV 3: Webcasts
    • DCV-TV 4: Viewer Contributed
    • DCV-TV 5: Solution Profiles
    • MODEX 2020
    • Upload Your Video
  • MAGAZINE
    • Current Issue
    • Archives
    • Digital Edition
    • Subscribe
    • Newsletters
    • Mobile Apps
  • TRANSPORTATION
  • MATERIAL HANDLING
  • TECHNOLOGY
  • LIFT TRUCKS
  • PODCAST ETC.
    • Podcast
    • Blogs
      • Analytics & Big Data
      • Best Practices
      • Dispatches
      • Empowering Your Performance Edge
      • Logistics Problem Solving
      • One-Off Sound Off
      • Public Sector Logistics
      • Two Sides of the Logistics Coin
      • Submit your blog post
    • Events
    • White Papers
    • Industry Press Room
      • Upload Your News
    • New Products
      • Upload Your Product News
    • Conference Guides
    • Conference Reports
    • Newsletters
    • Mobile Apps
  • DCV-TV
    • DCV-TV 1: News
    • DCV-TV 2: Case Studies
    • DCV-TV 3: Webcasts
    • DCV-TV 4: Viewer Contributed
    • DCV-TV 5: Solution Profiles
    • MODEX 2020
    • Upload Your Video
Home » Transfix offers increased freight volume to top performing carriers

Transfix offers increased freight volume to top performing carriers

Digital freight marketplace says move will reduce freight market volatility, follows similar benchmarking by Convoy, FourKites.

semi trailer
April 22, 2020
Ben Ames
No Comments

Digital freight marketplace startup Transfix launched a program Monday to offer increased freight volume to its highest performing carriers, saying the invite-only system prioritizes the importance of logisticians and customer service professionals as opposed to fully automated technology.

New York-based Transfix says it uses artificial intelligence (AI) and machine learning (ML) technology to optimize the process of matching freight carriers with shippers, all the while reducing empty miles to help eliminate waste.

The “Core Carrier Program” now singles out “exceptional” carriers who meet requirements like high load volume and acceptance rate, low cancellation rate, and consistently strong performance with on-time pickup (OTP) and on-time delivery (OTD). In return, Transfix will invite those carriers to join the program, offering them increased freight volume, early access to consistent loads, a dedicated account manager, and 24/7 support.

Transfix acknowledges that shippers and brokers already steer loads toward their favorite carriers through basic “scorecard” approaches. But the new program formalizes a higher-level approach, consults the carrier company's management, and builds plans to create long-term partnerships. Over time, that approach can reduce volatility for both the shipper and carrier sides of the marketplace, Transfix says.

The new approach by Transfix follows a similar launch last week by the online truck brokerage Convoy, which now allows shippers to access real-time data on carrier performance from within the firm’s transportation management system (TMS). Likewise, supply chain visibility provider FourKites publishes a quarterly “Premier Carrier List” that includes some 200 brokers, carriers, and third party logistics providers (3PLs) that provide high-quality, consistent, accurate data on the vast majority of their loads.

Transfix strives to keep trucks fully loaded across America with the nation’s best and most trusted carriers. Our Core Carrier Program is designed to forge strategic partnerships with carriers who demonstrate reliability and strong performance. Learn more: https://t.co/KbkCLGulgS

— Transfix (@transfixIO) April 21, 2020
Transportation Technology Trucking
KEYWORDS convoy FourKites Transfix
  • Related Articles

    FourKites intros supply chain sustainability dashboard

    Shippers see trailer pools as solution to tight capacity, Transfix says

    Transfix adds online load booking to freight marketplace app

Benames
Ben Ames has spent 20 years as a journalist since starting out as a daily newspaper reporter in Pennsylvania in 1995. From 1999 forward, he has focused on business and technology reporting for a number of trade journals, beginning when he joined Design News and Modern Materials Handling magazines. Ames is author of the trail guide "Hiking Massachusetts" and is a graduate of the Columbia School of Journalism.

Recent Articles by Ben Ames

Conveyor company fought time and weather to open new factory

Reimagining the TMS for the age of e-commerce

XPO says strong fourth quarter results show company has turned a corner from pandemic impacts

You must login or register in order to post a comment.

Report Abusive Comment

Most Popular Articles

  • Relaxed regulations for drone parcel delivery to take effect in March

  • IBM survey says digitalization trends will sweep trucking industry by 2030

  • Gartner survey signals increased investment in resilience over the next two years

  • Increasing Urgency for Vaccine Supplies Drives Launch of New Vaccine Manufacturing Resources on Thomasnet.com

  • What Level of Automation is Right for Your Warehouse?

Now Playing on DCV-TV

D92f0dd1 a98c 434a 9e17 30b63ee72c90

Automated Pack-out and Print-Apply System for thredUP

DCV-TV 4: Viewer Contributed
SilMan Industries designed and implemented a mixed polybag-carton system, including automated print and apply, in a new regional Fulfillment Center for thredUP, one of the world’s largest online resale platforms for women’s and kids’ apparel, shoes, and accessories. The Situation Secondhand clothing and online...

FEATURED WHITE PAPERS

  • Time to rethink your lift truck power

  • Warehouse Management System Project Toolkit

  • Solving Talent Management Challenges Now and In the Future

  • Shaping Up Last Mile Delivery to Surpass Customer Expectations

View More

Subscribe to DC Velocity Magazine

GET YOUR FREE SUBSCRIPTION
  • SUBSCRIBE
  • NEWSLETTERS
  • ADVERTISING
  • CUSTOMER CARE
  • CONTACT
  • ABOUT
  • STAFF
  • PRIVACY POLICY

Copyright ©2021. All Rights ReservedDesign, CMS, Hosting & Web Development :: ePublishing