Opus9 Customer Survey reveals shipper COVID preparedness with digital systems and the value of Opus9 functionality.
Opus9 has integrated with FreightWaves SONAR to improve Opus9’s Rating Algorithm that provides accurate, real-time truck load rates for shippers
On October 9th, William Cassidy, Senior Editor at the Journal of Commerce, published an article on Shippers rethinking annual trucking procurement cycles. He points out that due to the current disruptions caused by COVID-19 pandemic, shippers are rethinking how they procure freight transportation. He continues by saying that "shippers are modifying their approach to bidding, using more short-term 'mini-bids' than ever before and turning to technology to improve a process that often breaks down when market prices swing quickly." Shippers "are looking for ways to avoid costly contract rate hikes propelled by a historic surge in spot truckload rates that began in May and have barely slowed since. They won't do that by sticking to traditional practices strictly focused on price, shippers, analysts, and trucking. Bidding processes will have be be more specific, more flexible, and more collaborative."
For the 3rd year in a row, Opus9 is proud to be a part of the FreightWaves Top 100 FreightTech companies for 2021. The FreightTech 100 highlights the most innovative companies across the industry.
Far from dying down, COVID-19 is spreading in many countries around the globe. The result of this has been massive shutdowns of everything – from shops to restaurants to schools to sports – in a variety of nations.
The COVID-19 virus dominates today’s news stories and conversations around conference tables and dinner tables alike. Reporting on the U.S. presidential candidate debates and newsworthy events around the globe have taken a back seat to news and conjecture about the virus, its effect on people and on the economy, how much it’s spread, and how to best stop the spread of the illness. And rightly so. Johns Hopkins University has reported that more than 169,000 people worldwide have contracted COVID-19 and 6,400 related deaths have occurred.
Today, we launched our Transportation Management System (TMS), a tool that enables shippers to manage all of their freight in a centralized place. The new TMS builds on the success of our award-winning Marketplace, which currently allows shippers to get instant freight quotes, book with high quality Opus9 carriers and track their shipments in real-time.
The sweet smell of love is in the air and with it is the excitement of celebrating Valentine’s Day with loved ones. Valentine’s Day is incomplete without one specific item: Roses.
The death toll from the coronavirus has now passed 1,100, and its impact is being felt around the world. Cruise ship occupants are being quarantined off the coast of Japan, nine people have been diagnosed in the U.K., and even the Mobile World Congress in Spain was cancelled.
The logistics of shipping can be difficult to plan and manage. Full Truckload shipping can be especially challenging. Unlike Less Than Truckload (LTL) shipping, FTL shipping requires you to consider factors such as weight, space, transit times, and the possible need for specialized equipment.