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Sleek Fleet Launches Proprietary Machine Learning Platform, Sleek Match Engine, To Find the Perfect Driver For Every Load

Scalable machine learning platform, Sleek Match Engine, powers automatic load distribution for Sleek Fleet customers, and registered carriers, fueling company growth.

Chicago, IL, May 18, 2020 (Newswire.com) - Sleek Fleet, a transportation technology company,  is excited to announce the launch of their proprietary machine learning (ML) engine, Sleek Match Engine. Sleek Match Engine uses millions of truck location points, along with other data to automatically match ideal drivers to availabl...

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Trucking companies are parking their fleet-expansion plans with unprecedented speed.

WSJ report notes decreases in truck orders, and average US truckload rate per mile of $1.51. According to Mike Nervick, Sleek Fleet CEO, "Market conditions will flip at some point, but the key question is when". Until then, shippers and carriers continue on with contingency plans, while developing strategies to bounce back when the economy is ready. "We're collecting data so we, along with our customers, have strong insights to navigate through future unknowns", said Nervick. #SleekPOV

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Sleek Fleet Offers Shippers 100% Rate Transparency to Keep America's Freight Moving at Fair Market Cost During Time of Crisis

Multiple sources, including DAT, are reporting massive spikes in spot market load volumes and rates because of increased demand with essential goods. Front lines workers, such as warehouse employees and truck drivers, are working endless hours to keep America moving forward, while other manufacturers experience declines in demand, and are re-forecasting and cutting costs to stay afloat in an uncertain market.

“Regardless of a shipper’s uniqu...

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Goldman: Coronavirus could reduce profits 3.6% for manufacturers

The estimate was based on an average production utilization rate of 50% for the month of February and a 30% reduction in Chinese demand over the next six months.

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Van volumes rise as Black Friday approaches

Freight volumes have been building for weeks, but sufficient capacity has kept rates in check so far this fall. The national average van rate of $1.81 per mile is only 1¢ higher than October's average. On the other hand, the top 100 van lanes showed freight volumes increasing last week and more lanes had rising rates than falling rates. The top 100 lanes are often a predictor of where the national average is heading, so we may see increased strength as we approach Black Friday — which occurs ...

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How Do Shippers Efficiently Access Truckload Capacity In Tumultuous Marketplace Conditions?

The challenge in today’s FTL marketplace isn’t capacity . .  it’s access!  Small Carriers (<50 trucks) represent ~60% of the total carrier market, yet access is dominated by Large Carriers and Brokers.  Technology is the gateway to securing small carrier capacity . . at scale.   

In this webinar (https://vimeo.com/blujay/review/330076819/c92ebd4c8f; Password: SleekFleet), Chief Commercial Officer Jim Robinson details how Sleek Fleet's technology helps shippers leverage our small-carrier netw...

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APIs And The High Value Of ‘Useless’ Data

Daniel Smith from Amber Road talks API's with Talking Logistics

 

 

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DAT: Van Rates Finally Get a Boost in Jun 2019

For many motor carriers, June couldn't get here fast enough. This is typically the busiest time of the year for spot freight, and it brings in some of the highest rates of the year for trucking companies. Last week, prices increased on 90 of the top 100 van lanes, and on DAT load boards, there were more load posts than any other single week since last September.

Of course, much of last week's jump in rates and load-to-truck ratios was due to International Roadcheck, the 3-day inspection blit...

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Sleek Fleet Launches Solution to Connect Truck Drivers with Shippers

  • No more brokers, owner operators have direct access to shippers
  • Shippers gain industry-first level of access, flexibility and cost savings
  • Automated and transparent Sleek Fleet solution saves time, improves efficiency

 

CHICAGO, IL — July 19, 2017 — Sleek Fleet LLC today announces the official launch of its web- and mobile-enabled freight marketplace solution designed to directly connect owner operators with loads from the world's largest shippers.

Sleek Fleet offers an effective and...

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Trucking Industry Facts

Visualize the industry with this cool infographic. See what an employee driver makes and compare it to operating costs. Add in the bureaucratic overhead and you'll know why large carriers have such low operating ratios.

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