Princeton TMX, a leading provider of transportation management systems (TMS), concluded its annual NEXT Conference, which brought together customers, partners and industry leaders to discuss the latest trends in supply chain and logistics technology. The event featured engaging panels, interactive technology showcases and in-depth discussions on market dynamics, AI-driven solutions, and sustainability initiatives.This year’s event highlighted Princeton TMX’s ongoing commitment to innovation and customer satisfaction, with a focus on helping shippers optimize their transportation networks in a rapidly evolving market.
Key Market Insights and Innovations
During the conference, attendees gained valuable insights from both user and executive panels. Key topics included the ongoing evolution of transportation management, driven by data and AI innovations. The presentations underscored the increasing role of AI and machine learning and the importance of quality industry partnerships.
“The stark contrast between brokers and shippers in terms of load volume per carrier relationship requires shippers to focus on building long-term, high-volume partnerships,” said Matt Harding, chief technology officer of Greenscreens.ai, during his presentation The Benefits of Continuous Market Rate Benchmarking. “While 50 percent of broker volume happens with fewer than 20 loads per year per carrier, shippers see 50 percent of their volume occur with over 1,500 loads annually per carrier. This difference means that shippers must prioritize consistency, reliability and strong partnerships with their carriers to ensure efficiency and scalability, while brokers can afford to be more transactional in nature.