MyCarrier’s eBOL solution is touted for reducing waste in the LTL industry

Shipping management platform for less than truckloads My carreer announced on Tuesday the efficiency gains that its electronic waybills (eBOL) have brought to the industry.

The Scottsdale, Ariz.-Based technology company said its offering is the first multi-carrier eBOL solution and has proven to “provide freight relief and unprecedented operational improvements while reducing carbon emissions and paper waste.”

The company processed more than 700,000 shipments using eBOLs in the first nine months of 2021, after completing 500,000 shipments using the technology last year. Currently, over 70% of shipments on the MyCarrier platform are handled with eBOLs.

According to MyCarrier, other offerings in the industry offer limited eBOL capabilities with just one or two carriers, but its technology can be used by 85% of its carriers.

“Paper-based practices in the shipping industry often lead to costly mistakes, reduced productivity and unnecessary waste,” said Tommy Barnes, industry veteran and chief revenue officer, MyCarrier. “These have had a particularly negative impact on the currently tense capacity market. Fortunately, our eBOL carrier partners help plan their network and optimize service levels like never before. ”

Working with the Digital LTL Council (DLC), which aims to drive digitization across the LTL industry, MyCarrier set industry standards for eBOLs last year.

“MyCarrier is really committed to this movement and is helping the entire industry understand that eBOL not only increases value-based transparency for shippers and carriers, but is also a win for the environment,” said Christian Piller, DLC Head and VP of Realtime Transportation Visibility provider Project44According to the press release.

“With just 700,000 eBOLs replacing standard BOLs every day, we estimate that over 17,000 trees will be saved and nearly 850,000 pounds of CO2 removed from the atmosphere every year,” Piller concluded.

The DLC estimates that digitization could save the industry up to $ 1.2 billion annually.

The press release highlighted comments from one of the largest carriers in the LTL market touting the improved efficiency of eBOLs.

“With eBOL we try to get the data upon collection so that we can improve route and route planning,” said Todd Poland, VP of Pricing at Old Dominion Freight Line (NASDAQ: ODFL). “This can shorten stop times and enable us to run fewer kilometers. The great thing about it is that we not only save money and increase efficiency, but also use less fuel and possibly reduce emissions. “

Click here to see more FreightWaves articles by Todd Maiden.

About Christine Geisler

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