FedEx has started using application programming interfaces (API) from logistics software provider project44, to connect its less-than-truckload (LTL) division to shippers and third-party logistics providers (3PLs).
The deal means that project44 subscribers now have access to real-time data from the largest LTL trucking operation in the country, which, in turn, means increased rate quote accuracy, automated billing, and the elimination of costly freight-pricing software. A deal with FedEx also represents a massive expansion of scope for project44, which launched in 2014, quickly becoming a prominent enterprise cloud provider of intelligent web-service APIs to the global supply chain. The more extensive its freight data, the more valuable its proposition.
Real-time pricing also eliminates the costs of pricing freight through third-parties. FedEx said that the API connections allow shippers to “integrate FedEx shipping capabilities with the tools you already use to automate the entire shipping lifecycle.”
The Memphis-based integrator said that its API interface would increase transparency with real-time tracking, reduce the cost of legacy software, and eliminate backlogs with one integration point.