In America, we move most of our goods by road. This makes trucks and 18-wheelers a crucial, even definitive, part of any supply chain. It also highlights the compounding impact of any efficiencies that firms can capture around their fuel, labor, and maintenance costs, or...
Historically, freight forwarding has been a complex and labor-intensive process, characterized by manual paperwork, fragmented communication channels and numerous intermediaries. However, the emergence of digital platforms and innovative technologies is revolutionizing the way goods are transported, coordinated and managed globally. Key areas where technology and automation...
Business payments company FLEETCOR Technologies has closed a majority investment in Brazilian vehicle payments company Zapay. This investment further scales FLEETCOR’s Vehicle Payments business in Brazil, providing access to Zapay’s 2 million monthly users and increasing FLEETCOR’s reach to a total of 9 million drivers in the country,...
PayCargo and Rippey AI have partnered to connect artificial intelligence (AI) with both payable and receivable invoices in the logistics industry. By doing so, they aim to connect invoice automation and transaction processing to drive efficiency across the industry, the companies said in a Thursday (Feb. 29) press...
December 15, 2022
The great digital shift demands that trucking-transport firms update and modernize their accounts payable processes. Simply put, the paper-based and manual AP processes that have been stubbornly entrenched in transport and logistics have introduced pain points that are exacerbated with swelling payments volumes. In the report “AP Automation: Transportation Companies Innovate To Drive Growth,” a […]
October 27, 2022
Trade finance’s digital transformation has exploded through the past few years, and it will accelerate in the years ahead. “Treasury is the next frontier in digital payments,” Alan Koenigsberg, senior...
September 26, 2022
Around the world, digital platforms are helping to transform the road freight industry by optimizing trucking operations for maximum efficiency. As a sign of the model’s success, one such platform,...
June 12, 2020
From trade wars to natural disasters, the global trading ecosystem is well-versed in the importance of maintaining an agile supply chain amid market volatility. Indeed, the supply chain management, shipping...
March 06, 2024
Business payments company FLEETCOR Technologies has closed a majority investment in Brazilian vehicle payments company Zapay. This investment further scales FLEETCOR’s Vehicle Payments business in Brazil, providing access to Zapay’s 2 million monthly users and increasing FLEETCOR’s reach to a total of 9 million drivers in the country, the company said in a Wednesday (March 6) press release. “The […]
February 29, 2024
PayCargo and Rippey AI have partnered to connect artificial intelligence (AI) with both payable and receivable invoices in the logistics industry. By doing so, they aim to connect invoice automation and transaction processing...
February 22, 2024
J.B. Hunt Transport Services has signed a long-term intermodal agreement with Walmart. This strategic partnership will see the supply chain solution provider’s subsidiary, J.B. Hunt Transport, acquiring Walmart’s intermodal assets, further solidifying...
February 22, 2024
Flexport has launched a technology platform that provides global shippers with access to a trucking capacity marketplace of small carriers and owner-operators. The new Convoy Platform is designed to offer...
