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The logistics industry is undergoing a dramatic transformation, thanks in large part to groundbreaking advances in artificial intelligence (AI). In particular, the emergence of large language models such as Chat GPT, Bard, and Bing Chat are revolutionizing the transportation industry by enabling unprecedented capabilities for communication, prediction, optimization, and automation. One of the most impactful applications of AI in logistics…

The transportation industry is marked by distinct patterns throughout the year. These patterns, known as the four transportation seasons, provide valuable insights into the ebb and flow of the industry. In this article, we’ll explain each season and why they are crucial for anyone involved in the transportation industry. Transportation's Dependence on Supply and Demand To grasp the essence of…

Emerging freight data suggests that the trucking market has been gradually strengthening since hitting a low in mid-May. Key freight metrics that track supply and demand dynamics, such as tender rejection rates, indicate improved market conditions that could lead to a stronger second half of 2023 for motor carriers compared to last year. Freightwaves.com The data reflects a market rebalancing…