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Logistics News

Laura & Logistics: A Road to Recovery Ahead

2020 feels like it’s been an impossibly eventful year. From a pandemic and fires to political upheaval, murder hornets, and a hurricane, it continuously seems like nothing else could impact us. However, the US just experienced category 4 Hurricane Laura ravaging the Texas-Louisiana coast. With wind speeds of over 145 mph, CNN describes Laura as, “the most powerful August hurricane in the Gulf of Mexico since Katrina hit 15 years ago.”

This is how the National Hurricane Center describes hurricanes of this magnitude:  

“Well-built framed homes can sustain severe damage with loss of most of the roof structure and/or some exterior walls. Most trees will be snapped or uprooted, and power poles downed. Fallen trees and power poles will isolate residential areas. Power outages will last weeks to possibly months. Most of the area will be uninhabitable for weeks or months.”

CBS News reports that “at least 20 million people are in the storm’s path and over half a million people have been ordered to evacuate.” Although Louisiana and Texas are no stranger to experiencing hurricanes, this is the first time since we began keeping record that a category 4 or 5 hurricane has hit these particular areas. Officials worry that not enough people are taking the hurricane seriously and evacuating as ordered. NPR has published Nic Hunter’s, Mayor of Lake Charles’s statement as follows: 

“I will be brutally honest,” he said, “we are very concerned that not enough people are evacuating.” These are comments following Texan Governor Greg Abbott’s announcement that “the power of Hurricane Laura is unprecedented.” Evacuation poses a problem for the population affected by Laura since the storm surge is already set to cause extreme damage, and any delay in evacuation could see the roads flooding before everyone is able to get out. And once wind speeds reach about 40 mph, driving on the roads becomes unsafe to the point where it would be difficult for even law enforcement to reach you. 

COVID-19 and Hurricane Laura

To add to the complications, COVID-19 still thrives during August 2020, and Hurricane Laura does nothing to give it pause. CNN news sources spoke to relevant officials from Texas and Louisiana, where they shared details on how they are attempting to stem coronavirus related issues and simultaneously keeping as many people as they can safe. This includes securing hotel rooms with limited guests rather than providing the normal shelter housing and having extra buses to transport people while implementing social distancing measures. It also means a pause in testing, during an especially crucial time when schools are reopening. 

The Impact on Freight

As for the impact to logistics, companies began repositioning freight as early as last week in preparation for Laura. One concern is the blow expected to be endured by the energy sector of the US. “[The hurricane] has prompted 82% of oil output and 57% of natural gas production in the Gulf of Mexico to be shut, according to the Interior Department’s Bureau of Safety and Environmental Enforcement.” The lack of production indicates a possible increase in fuel prices as a result of decreased supply, which also happened after Hurricane Harvey hit Houston in 2017. This, in turn, has an inevitable impact on fuel and load adjustments.

As written by Freight Waves, “The potential for disruptions to the nation’s fuel and shipping infrastructure is significant, according to Ben Ruddell, director of the FEWSION project at Northern Arizona University. […]

Downed trees and road closures are major concerns along Interstate 10, according to Mark Russo, chief science officer for Riskpulse, an Austin, Texas-based supply chain analytics firm. I-10 runs east-west through Louisiana and Texas. Russo said during a Tuesday webinar briefing by Riskpulse that high winds and flooding could also close some stretches of Interstate 45, which stretches from Dallas to the Gulf Coast.”

It is highly encouraged that anyone who may be affected by Hurricane Laura follow the guidelines provided to them by their local and national officials. Stay safe and tuned in for more relevant information. 

Related Sources:

https://www.cnn.com/2020/08/26/us/laura-evacuations-covid-19/index.html

https://www.freightwaves.com/news/transportation-logistics-sector-braces-for-hurricane-laura

https://www.ttnews.com/articles/storm-laura-set-slam-us-energy-coast-major-hurricane

https://www.cbsnews.com/live-updates/hurricane-laura-storm-track-path-forecast-today-2020-08-26/

https://www.supplychainquarterly.com/articles/3823-truckload-traffic-jumps-as-shippers-move-freight-away-from-hurricane-laura

https://www.npr.org/2020/08/26/906203511/hurricane-laura-forecast-to-bring-unsurvivable-storm-surge-as-category-4-storm

https://www.npr.org/2020/08/26/906145033/parts-of-texas-including-galveston-brace-for-hurricane-laura

Categories
Logistics News

FreightWaves Reports: ZUUM ‘Unites and Defragments’ Digital Logistics

ZUUM Transportation announced a second round of seed funding at $8.58 million as the industry rush to automate and streamline freight processes continues unabated.

Linda Baker, Senior Environment and Technology Reporter of FreightWaves, interviewed our COO & Co-Founder, Matt Tabatabai, about the future of transportation.

The ZUUM story began in 2016. A digital marketplace connecting shippers and carriers was launched first, followed by a broker-in-a-box solution that allows freight brokers to automate and scale. The modules are now part of the first logistics super platform: A comprehensive platform that includes a shipper transportation management system (TMS), broker software, carrier TMS and mobile driver app.

ZUUM Leadership

While many of the new logistics technology entrants originate in Silicon Valley — and don’t necessarily understand the complexity or the relationship-based nature of moving freight — ZUUM’s executive team has deep roots in logistics as well as in technology development. That combination has informed ZUUM’s collaborative approach to freight and freight technology.

An example of the “connect and streamline” approach is the company’s broker-in-a-box solution, which is designed to help freight brokers who feel threatened by technology. The solution allows traditional freight brokers to digitize and automate their business. Replacing time-consuming manual check-calls, tasks and customer updates with automated notifications maximizes productivity and frees up time.

Accelerating Logistics Innovation

Today, the company has launched seven products on its logistics super platform, enabling freight matching, automated bidding, dispatch, track and trace, workflow automation, digital document management, accounting & payment integration, as well as predictive reports and analytics.

ZUUM is currently automating freight for 235 active customers, including several Fortune 500 companies, and 20,000 carriers on its network. This success is supported through strategic partnerships with investors and other organizations in transportation. 

ZUUM’s latest fundraising round included participation from logistics companies such as Estes Express Lines, BNSF Logistics and Estes Forwarding, as well as SAIC Ventures and Holman Growth Ventures.

“Partnering and collaborating with shippers, brokers, carriers and drivers is our business model,” Says Matt Tabatabai, Co-founder and COO of ZUUM. “We create value by connecting and defragmenting – not by replacing American jobs.” 

ZUUM is accelerating logistics innovation. The raised funds are used for faster growth through sales and marketing, while also developing more features on the technology platform. 

Read full article at FreightWaves.com.

Categories
Broker News Logistics News Supply Chain Expertise

ZUUM Transportation Raises $12.58 Million in Seed Funding

NEWSWIRE PRESS RELEASE  UPDATED: AUG 18, 2020 15:43 EDT

ZUUM announces the recent close of a 2nd round of seed funding at $8.58 million for a total raise of $12.58 million to date. The funding accelerates critical technology innovation in the fragmented logistics industry. ZUUM automates freight for shippers, brokers, carriers, and drivers on one universal platform.

We are humbled and inspired by the investors who share our vision and believe in our mission, including Estes Express Lines, BNSF Logistics, Plug and Play Ventures, Logifruit of Spain, Estes Forwarding, SAIC Ventures, and Holman Growth Ventures,” states Mustafa Azizi, CEO of ZUUM Transportation, Inc.

Since its founding in 2016, ZUUM has grown to deliver thousands of loads per month for more than 235 shippers, including several Fortune 500 companies. Freight is booked on an integrated logistics platform, matching shippers with pre-vetted carriers. Automated bidding, dispatch, track & trace, workflow automation, digital document management, accounting, and predictive reports & analytics help maximize productivity. ZUUM offers the most comprehensive solution in the market to date and the first digital broker-in-the-box software.

Featured in:

“We invested into ZUUM because of the agile, comprehensive technology suite they have developed. We anticipate strong demand from shippers, brokers, and carriers worldwide. ZUUM leadership has deep industry knowledge and a true partnership mindset. We look forward to expanding our cooperation,” says Pat Martin, VP Corporate Sales & Strategic Planning, Estes Express Lines (largest, privately-owned freight shipping company in North America).

AUTOMATE FREIGHT

In 2016, CEO and Founder, Mustafa Azizi, and COO and Co-Founder, Matt Tabatabai, identified an urgent need for more efficiency in the $800 billion trucking industry. Fragmented processes, legacy software, unsustainable revenue models, and a lack of transparency are reducing profit and performance for all participants in the freight industry. For over 20,000 freight brokers in the US, the digital broker-in-the-box solution solves scalability issues. By allowing brokers of any size to digitize and automate, ZUUM increases broker productivity by more than 40%.

FIRST LOGISTICS SUPER PLATFORM

Today, ZUUM delivers efficiency by automating freight nationwide. Digital freight marketplace, shipper TMS, broker software, carrier TMS, and driver app are all connected on one Logistics Super Platform.

Are you a shipper? Shippers access instant freight quotes and gain real-time load visibility.

Are you a freight broker? Brokers accelerate load coverage and automate client notifications.

Are you a carrier? Carriers receive transparent commissions, profitable loads, and route optimization.

ZUUM delivers shipments reliably at a lower cost for shippers and at a higher profit for carriers, while reducing carbon emissions.

“We reduce transportation cost and improve service levels for shippers. Our software minimizes load failures and increases customer satisfaction for brokers. We reduce empty miles and maximize profitability for carriers. After just four years of operations, shippers, brokers, carriers, and drivers from all over the nation are counting on ZUUM. We are proud to automate their freight today, and will continue to build technology that solves the most critical challenges in logistics,” says Matt Tabatabai, COO of ZUUM Transportation, Inc.

About ZUUM Transportation

ZUUM Transportation, Inc. is a rapidly growing tech startup transforming the $1.2 trillion logistics industry. Their vision is to optimize logistics and streamline supply chains globally on one efficient, automated, and easy-to-use super platform. ZUUM combines a digital freight marketplace with a shipper TMS, broker software, carrier TMS, and driver app.

ZUUM – AUTOMATE YOUR FREIGHT ™