Loadsmart spotlights small fleets’ technology needs and opportunities

Focusing on the next technology challenges for TMS systems

This fireside chat recap is from FreightWaves’ Small Fleet & Owner-Operator Summit on Wednesday.

FIRESIDE CHAT TOPIC: Leveraging Technology for Fleet Growth: What Smaller Fleets Need and What Can Be Provided

DETAILS: Casey Monahan, vice president of digital sales at Loadsmart, talks with FreightWaves’ Grace Sharkey about what his company’s TMS systems can provide and what today’s growing fleets need as technology advances.

KEY QUOTES FROM MONAHAN:

“Our carriers are the ones where AI is reading their trucks as they come into the yards and gates, so I really view them, especially small carriers, as like the lifeblood of LoadSmart. So it’s really important that we keep them happy with us as a brokerage and technology partner, and that’s what we’re here to do.”

“We take feedback from our carrier partners very seriously. We have a full community where carriers can go on and chat with each other. We have insights that show you the suggestions that carriers have given us. You can vote up and down on them kind of like you’re on Reddit. And that informs our team at all times.”

“Load matching is one of those things that is like a dream for everybody. It’s one of those things that’s easy to say and hard to do. So you can create all the filters in the world you want on a load board, but it’s still hard to narrow it down to what is the perfect freight for me.”

“For us, it’s not about what I did with this load. It’s about how do we help this carrier go from five trucks to 25 trucks and then from 25 trucks to 100 trucks.”

“We’re rolling out a ton of different AI products now that make it super simple to interact with your data. Our Copilot product, you just ask them system questions like ‘Who was our best-performing driver last month?’ to ‘What was the best lane we had last year?’”

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John Kingston

John has an almost 40-year career covering commodities, most of the time at S&P Global Platts. He created the Dated Brent benchmark, now the world’s most important crude oil marker. He was Director of Oil, Director of News, the editor in chief of Platts Oilgram News and the “talking head” for Platts on numerous media outlets, including CNBC, Fox Business and Canada’s BNN. He covered metals before joining Platts and then spent a year running Platts’ metals business as well. He was awarded the International Association of Energy Economics Award for Excellence in Written Journalism in 2015. In 2010, he won two Corporate Achievement Awards from McGraw-Hill, an extremely rare accomplishment, one for steering coverage of the BP Deepwater Horizon disaster and the other for the launch of a public affairs television show, Platts Energy Week.