Coyote Logistics launches Dynamic Route Optimization for supply chain efficiency
Coyote Logistics, a UPS company and a third-party logistics (3PL) provider, expanded its Dynamic Route Optimisation programme.
July 16, 2020: Coyote Logistics, a UPS company and a third-party logistics (3PL) provider, expanded its Dynamic Route Optimization programme that aims to streamline supply chain operations and reduce uncertainty for carriers by maximising the efficiency of their fleets and delivering load consistency through optimised 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.