Maintaining all-important freight information in a single system makes tracking shipments and coordinating deliveries on a global scale much easier. For streamlined order and contact management, many digital freight matching services also support digital invoicing and contract management.
Fremont, CA: Digital Freight Matching (DFM), also known as digital load matching, is an "on-demand" freight service that matches shipments with carriers using automation. These platforms apply concepts developed in the sharing economy by companies such as Airbnb and Uber to freight. To decrease the need for manual processing, software technologies such as Artificial Intelligence (AI) and predictive analytics are used. A digital freight matching platform is also accessible via a web or mobile interface from almost any device.
As technology improves freight management efficiency, many businesses are looking for alternatives to traditional 3rd-party logistics (3PL) services. In this post, we will discuss four key advantages of digital freight matching that make it an excellent choice for both carriers and shippers. Freight brokers and shippers are constantly looking for carriers to transport their goods, while carriers must fill their fleet vehicles in order to maximize profit. Many of these advantages contribute to lower operational costs and time required to move freight. A digital freight matching platform also eliminates the need for third-party intermediaries by allowing the software to make the necessary connections.
Streamlining Communication
Without the need for phone calls or emails, communications within a digital freight matching platform can be done through integrated messaging services. This reduces the amount of time freight planners and logistics personnel need to confirm shipments. A digital freight matching program can also be used to organize freight details and create a schedule based on the specific needs of each shipment.
Maintaining all-important freight information in a single system makes tracking shipments and coordinating deliveries on a global scale much easier. For streamlined order and contact management, many digital freight matching services also support digital invoicing and contract management. All major transaction steps can be completed using a single software program using these tools.
Digital Freight Services
Another advantage of using digital freight matching services is the ability to build shipments in real-time. When shippers log into the system, they can view competitive rates from available carriers and send jobs to preferred vendors or providers who meet their requirements. Carriers can view available freight loads and review detailed shipment specifications. All shipments can be linked-to freight tracking services. The goal of this software interface is to save time for both carriers and shippers while decreasing delays and downtime throughout the logistics loop.
Digital freight matching services are quickly becoming a popular way to organize freight shipments. Shippers can use these platforms to schedule pickups in an automated and streamlined manner because they have access to a large network of carriers. As customer demands for faster and more responsive shipments continue to rise, we can expect a greater reliance on automated services such as digital freight matching. Carriers and shippers who leverage the benefits of digital freight matching can build a more diverse and dependable logistics network to support their businesses.
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