MercuryGate Drives Digital Freight Capability as Largest Aggregator of Digital Freight Matching Solutions
CARY, N.C.–(BUSINESS WIRE)–MercuryGate® International, Inc., (MercuryGate) the largest and rapidly growing independent SaaS transportation management system (TMS) provider, today announced the expansion of its digital freight matching (DFM) capability with the creation and integration of an automated freight matching network.
MercuryGate’s digital freight network (DFN) produces visibility to capacity with guaranteed rates in a seamless, automated process equipping customers with extensive options for finding capacity at competitive rates to keep products moving and trucks full. The DFM solution uses embedded analytics that delivers the critical information and insight needed to make the right decision based on MercuryGate’s extensive $65 billion freight network. The network also helps capacity providers match their empty equipment with immediate demand to remove unnecessary empty miles throughout the transportation network.
“We live in a data-driven world and tapping into the power of analytics isn’t an option, it’s a necessity,” said MercuryGate President & CEO Joe Juliano. “Connecting the right loads with the right carriers and providing a guaranteed rate in real time requires more than a rolodex, it requires unprecedented speed and insight to analyze enormous amounts of information and automatically produce realistic and executable load plans while responding to disruptions in the supply chain. Adding digital freight capabilities automates what was typically a tedious manual process into available capacity from the first to the last mile.”
DFM offers an additional source to shippers seeking to fill capacity while closing the loop for 3PL’s, Carriers and Brokers to simplify the freight brokerage process; even for large shippers with private fleets seeking to sell empty miles. MercuryGate’s digital freight matching service is the world’s largest, creating a network of unlimited capacity to support the company’s shipping customers’ needs and providing its 3PL, Carrier and Broker networks an opportunity to sell more loads autonomously on an extended marketplace.
As reported by Gartner, “many new digital freight models have entered the market. The digitized freight network is the most common freight model for road transportation. These DFNs provide an alternative to traditional brokers, load boards and the spot market, which remain time-consuming and collect information from carriers and shippers, but don’t support true collaboration. These digitized freight networks can help companies that are looking for real-time available capacity or looking to reduce transportation costs during the current crisis as well as during future challenging times.”
According to the Gartner, “As the transportation industry continues to be in flux, companies are searching for additional freight resources via technology”. The report continues to say that, “Gartner is seeing that the current market dynamics in transportation are increasing the urgency for digital optimization and transformation in many supply chains. This trend is being seen across the supply chain — transportation and freight brokerage included. There is a need in the market to automate and digitize to make interactions and business easier for shippers and transportation providers alike.” *
As the industry heads into the historically capacity-constrained holiday season, coupled with ongoing pandemic constrictions and disruptions, the availability of a digital freight matching network is an added advantage for MercuryGate customers.
“MercuryGate’s focus to deliver more value to customers is our number one goal,” said Juliano. “Leveraging machine learning and data analytics to get logistics right and reduce idle capacity, increase driver income and decrease freight costs for shippers and transporters underscores the complementary benefit of DFM for all modes of transportation. At a time when disruptions to transportation have resulted in record tender rejections, shippers need a way to find the capacity they need to keep their goods flowing. MercuryGate delivers on that added need and value.”
For more information on MercuryGate’s Digital Freight Network, please contact: firstname.lastname@example.org
*Gartner, “Market Guide for Digital Freight Models for Road Transportation,” Bart De Muynck, Carly West, 22 October 2020.
MercuryGate provides powerful transportation management solutions proven to be a competitive advantage for today’s most successful shippers, 3PLs, freight forwarders, brokers, and carriers. MercuryGate’s solutions are unique in their native support of all modes of transportation on a single platform including Parcel, LTL, Truckload, Air, Ocean, Rail, and Intermodal. Through the continued release of innovative, results-driven technology and a commitment to making customers successful, MercuryGate delivers exceptional value for TMS users through improved productivity and operational efficiency. MercuryGate offers business intelligence to improve transportation processes, increase customer satisfaction, and reduce costs. Find out why MercuryGate has set the industry standard for the most adaptable, comprehensive transportation solutions suite in the industry at: https://mercurygate.com or on Twitter at @MercuryGate.
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