AI-Powered

AI-Powered Intelligent Freight Matching
Automating carrier-shipper load pairing for smarter, more efficient logistics

AI-Driven Smart Freight Matching: A Brief Overview

Robust shipper-carrier alignment is a major yardstick of logistics performance and service reliability. The conventional methods of freight sourcing, like phone calls and fixed load boards are way behind in meeting the needs of today’s volatile logistics market. Freight brokerages that embrace modern freight matching technology stand a good chance in running hassle-free operations and securing higher ROI.
Enter intelligent freight matching powered by AI, the most advanced digital freight matching technology that connects shipments with carriers based on real-time data. AI-driven smart freight matching significantly improves logistics performance by minimizing empty or “deadhead” miles and maximizing asset utilization.

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Limitations of Manual Freight Sourcing Methods

Cost Escalation and Productivity Drain

Frequent follow-up calls and mind-numbing manual data logging can inhibit freight brokers from detecting ideal backhaul loads. This can increase empty miles, leading to higher operational expenses.

Data Errors and Pricing Flaws

Manual data entry is prone to errors due to brokerages overlooking rates and other crucial information. This can lead to expensive delays and poor visibility. In the absence of real-time market updates, brokers have to go with suboptimal (non-dynamic) pricing that can undercut profitability.

Siloed Communication and Inefficient Tracking

When brokers rely solely on calls or emails to derive freight data, it can delay responses and break down communication. Brokerages may fail to solve issues proactively when they lack a centralized system to exchange and track freight (shipper and carrier info) data in real-time.

Restricted Market Access and Inefficient Vetting

Phone calls, emails, and other cold communication methods restrict freight brokers from extensively accessing the total available market capacity. Due to this poor network visibility, brokerages encounter significant difficulties in verifying and onboarding new logistics partners.

How AI-Driven Freight Matching Optimizes Logistics Performance

AI-driven freight matching shifts logistics management from a historically reactive function to a highly predictive, optimized, and forward-looking system. It enables instantaneous decision-making based on complex data analysis, providing an unprecedented level of market transparency and a significant competitive advantage in a volatile global market.

Predictive Pricing Engine

Machine learning models based on historical, real-time, and forecasted data help determine the optimal load pricing according to market volatility, lane density, and capacity availability.

Carrier Behavioral Profiling

Creation of dynamic carrier profiles based on performance history, preferred equipment types, reliability scores, and ideal routes to ensure the most suitable match for specific load requirements.

Custom AI software development to modernize your logistics processes.

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How Custom AI Powers Smart Freight Matching Logistics

AI-driven custom logistics solutions are built to integrate seamlessly with a company’s unique operational workflows and existing Transportation Management System (TMS). This deep integration allows the AI to learn specific network constraints and profitability targets, leading to optimal matching decisions that directly align with core business strategies.
A custom-built solution exclusively incorporates specialized data like proprietary carrier performance metrics, refining the algorithm’s accuracy beyond public data. Owning this intellectual property gives companies full control over future enhancements and dynamic scalability, ensuring the AI evolves with their business and the market.

Benefits of Custom AI Solutions in Automated Freight Matching

Optimized Load Pairing

AI’s ability to instantly match loads with the best-fit carriers helps improve load assignment speed by 70–90%.

Reduced Empty Miles

By analyzing availability and capacity, AI ensures efficient backhauls and routes, minimizing empty miles by up to 30%.

Dynamic Accurate Pricing

AI adjusts rates based on real-time market trends and load urgency to ensure optimal and competitive pricing.

Proactive Delay Prediction

AI helps calculate demand, routes, and potential delays to optimize load assignments, streamlining the entire process from tendering to confirmation.

How Can Fingent Simplify Your AI Journey

Fingent believes in enabling industries to identify opportunities and redefine processes with emerging technologies. With simple-to-use and quick-to-implement software solutions, we empower businesses to think beyond digitization and build innovations that transform lives. We follow an agile methodology to develop high-quality, reliable, cost-effective solutions that make a difference!

PREDICTABLE RESULTS ADHERING TO DEADLINES

  • Transparent project management
  • Warranty-assured deliverables
  • Carefully defined project plans
  • Handle unexpected challenges

COST-EFFECTIVE, BUDGET-FRIENDLY SOLUTIONS

  • No last-minute surprises
  • Efficient operations
  • Good coding practices
  • 24/7 tech back up

ADVANCED TECH EXPERTISE

  • Expertise in new age technologies
  • Top-notch developers
  • Adherence to QA best practices
  • Easy implementation

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