Last Mile Freight Delivery
<p>Last mile delivery is becoming increasingly important due to the surge of e-commerce and customer expectations to receive goods faster than ever before — sometimes within a day, or even a few hours. However, the high fragmentation in the freight industry makes finding or retaining a trusted local carrier difficult, and in some cases businesses are left fending for themselves. According to the Department of Transportation, “…the [freight] industry is fragmented: the 50 largest companies account for less than 30 percent of the market.” Legacy carriers such as UPS and FedEx are struggling to adapt — they are not able to overcome the logistical challenges of this change while still offering competitive rates to their customers.</p>
<p>Thanks to companies like Amazon, receiving items in two days or fewer is now the standard. Businesses are faced with the challenge of getting their customers products in less time than ever before while still providing competitive prices and excellent service. To meet these standards, retailers are scrambling to adequately prepare their transportation networks. Many have successfully turned to online freight platforms to tap into connected trucking networks designed for the modern age.</p>
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