Coyote Logistics Launches Dynamic Route Optimization to Enhance Supply Chain Efficiency
July 15 2020 - 9:30AM
Today, Coyote Logistics, a leading global third-party logistics
(3PL) provider, expanded its Dynamic Route Optimization program
that aims to streamline supply chain operations and reduce
uncertainty for carriers by maximizing the efficiency of their
fleets and delivering load consistency through optimized weekly
routing plans.
Dynamic Route Optimization builds suggested weekly route plans
that optimally direct drivers to and from their domicile location
by taking numerous parameters into account, including drivers’
hours provided by the carrier, load attributes, average load and
unload times, market cost, mile per hour bands by region, home base
city, among others and layering them over Coyote’s open and
available loads.
“Coyote has taken a customer-centric approach from day one. By
listening to our network, understanding their complex challenges
and building new solutions to combat them, we are able to support
shippers and carriers in creative new ways,” said Nick Shroeger,
Chief Network Solutions Officer at Coyote. “Offering Dynamic Route
Optimization is a perfect example. It helps drive efficiency to
carrier networks and delivers clear benefits to all members of the
supply chain, offering drivers confirmed rates and loads, while
providing more dependability to shippers.”
Carriers using the solution receive consistent weekly miles,
even in times of volatility, in a range of 2,100 to 2,700. With
weekly planning covered, carriers can instead focus on
strategically building out their fleets with the assurance of
confirmed weekly rates and truckloads. In the process, it also
supports the reduction of carriers’ carbon footprints by mitigating
empty miles.
“Like all carriers, inconsistent load volume, rates and schedule
gaps are significant sources of stress that are exacerbated by
market volatility,” said Eric Lewis, VP of Operations at Ed Lewis
Trucking. “Dynamic Route Optimization from Coyote has helped us
remove uncertainty from our weekly operations by strategically
stringing shipments together so we can keep our fleet full and
moving, while providing our drivers the amount of miles per week
they were promised.”
Leveraging input from each carrier, Coyote manages the process
from start to finish to make the experience simple. This takes the
stress out of route planning as carriers know their full fleets are
covered with confirmed rates and loads, reducing the uncertainty
they would normally face with other providers.
“We began using Dynamic Route Optimization with Coyote before
the COVID-19 pandemic struck. Despite being a time of disruption
for the supply chain, it offered us the consistency and reliability
we needed to combat market volatility and the stress drivers
experience during economic uncertainty,” said Joey Riceputo, Vice
President at FSR Trucking. “We were not only able to uphold all
commitments we made prior to COVID-19 but have also continued to
give our drivers regular routes even with the rise and fall in
demand thanks to Coyote’s network density and unmatched
service.”
Carriers interested in the participating in Coyote’s Dynamic
Route Optimization program can connect with their dedicated
representatives or contact DRO@Coyote.com.
For more information about Coyote and their portfolio of supply
chain solutions, please visit Coyote.com.
About Coyote Logistics, LLC, a UPS Company:
Coyote Logistics is a leading global third-party logistics
provider that combines a diverse, centralized transportation
marketplace matching more than 10,000 shipments every day. Coyote
offers a comprehensive multi-modal solutions portfolio — including
truckload, less than truckload (LTL) and intermodal — with data
intelligence and market insights to help empower our customers’
business growth in a rapidly changing world. Coyote became a UPS
company in 2015, adding to our expanding portfolio of global
services. Headquartered in Chicago, Coyote has more than 3,000
employees operating in 20 offices worldwide. For more information,
please visit: Coyote.com.
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Bill Theis
(773) 799-2510
Press@Coyote.com
Hannah Goodwin
(513) 508-4693
Coyote@Blastmedia.com
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