CHICAGO, IL:
August 31, 2010
Freight technology provider Freight Access, Inc. announced the company was nearing the anticipated discharge of the world's first freight marketplace. The software technologies provider happens to be in research and development for more than two years to produce a system pertaining to virtually all stakeholders in the freight, cargo, transportation, trucking and logistics industry. Brad Hollister, the firm's co-founder and Director of Business Development said "As a transportation executive who has a broad range of industry experience, we have identified the elements on the industry which cause problems for the stakeholders. We have focused on developing a suite of low cost solutions to help fellow transportation professionals have access to real time data to make informed and sound business decisions."
Freight Access, Inc. (http://www.freightaccess.com) has chosen to focus on exploring the difficulties of the freight industry from multiple points of view as well as included solutions to them in to the completely new and widely anticipated tool for only $11 per month. Freight Access, Inc. boasts their vision of really helping the lives of transportation professionals from making day-to-day features better, helping dispatchers and traffic managers to make much better use of company resources together with choose only beneficial supply chain partners and lowering risk in exploring new partners.
Hollister explained "There are a lot of mis-conceptions in the industry pertaining to reducing transportation costs. Most former freight and carrier executives elect to take a position as a third party logistics provider or supply chain consultant, who are ready to teach shippers and manufacturers how to reduce transportation costs. The problem is these freight professionals themselves do not understand the forces the market plays on the freight industry, as they have come from a single carrier who focused on getting freight and adjusting pricing up and down to attract new shippers. These former LTL (less than truckload) and truckload vice presidents typically come and offer to take a freight profile, a company benchmark, and then send out a request for pricing with all carriers to get a 'bid' from all of them. The largest pricing requests I have seen include 150 or more carriers and take months to analyze. A seriously antiquated approach, which provides seriously limited results. The approach at www.freightaccess.com is different. Let's do this for every shipment. Let's get a new Request for Pricing for every single shipment sent out. This way carriers and owner operators win by filling empty trucks and shippers are able to benefit by filling empty capacity in real time."
Freight Access, Inc. has recognized a pattern in the transportation industry throughout carriers during the past market cycle. Numerous Owner Operators have recognized that finding freight that pays for itself to transport is actually quite difficult, therefore often times these independent truck drivers find themselves working for one or several third party logistics firms or even larger carriers. These ltl carriers or truckload carriers have a primary interest in minimizing the actual amount the truck drivers are being paid so that their profits increase and in many cases owner operators find the amount they are actually being compensated for a shipment is barely able to cover costs of driving. In addition, many third party logistics firms have sprung up who aren't paying out drivers within tolerable terms, if at all in a few instances.
The freight industry may be desiring the low cost tools supplied by Freight Access.com for some time. Steve Obregon, Owner Operator from Obregon Trucking in Wisconsin is a strong supporter of Freight Access's platform. "I've looked at what they're doing and can't wait to get going on it. I am sick of sitting for days for one of my brokers to call me with a load. I constantly call them to say you got one yet, you got one yet? It will so nice to find a load before I even get to the place and also to look about if I'm making or losing money on it."
Freight Access, Inc.'s freight marketplace technology is currently concluding beta testing. If you're interested in becoming a beta tester, contact Freight Access, Inc. by calling 312-450-3020 or by emailing a request (with "BETA TESTER REQUEST" in the subject line of your email) to marketing@freightaccess.com.
http://blog.freightaccess.com/2010/08/freight-access-com-freight-marketplace-set-to-be-unvieled/
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