by Eric Krueger | Jul 6, 2023 | Artificial Intelligence, Automation, Blog, Freight Audit & Invoicing, Technology
In today’s rapidly evolving world, we have seen the logistics and transportation industry embracing innovative technologies to stay ahead of the competition. Artificial Intelligence (AI) and machine learning have emerged as game-changers. We are seeing more and...
by Eric Krueger | Jun 29, 2023 | Artificial Intelligence, Blog, Cash Conversion Cycle, Freight Audit & Invoicing, Technology
I just returned from SMC3 Connections in Orlando. It is always a highlight of my year and I enjoy the many conversations and the insights that the conference affords; this year was no exception. Over the next few weeks, I will be posting our musings based on the...
by Eric Krueger | Jun 27, 2023 | Automation, Blog, Freight Audit & Invoicing, Technology
Why 3PLs & Freight Brokers Should Invest in Technology During the Economic Downturn As the saying goes, “When the tide goes out, you see who’s naked”. And the saying applies here, that when the economy turns downward, it’s easy to see which third-party...
by Eric Krueger | Jun 8, 2023 | Blog, Freight Audit & Invoicing
What Is Freight Audit and Payment (FAP)? Freight audit and payment (FAP) is the process of reviewing carrier and broker invoices for accuracy, correcting billing errors before they are paid, and processing payment against agreed-upon rates and terms. Done well, it...