The acquisition of INTTRA will extend E2open's current logistics capabilities, consisting of transportation management, logistics visibility, and
transportation forecasting, and a network of more than 3,500 large carriers across more than 40 countries to book, tender, track, and invoice shipments.
Projections from freight
transportation forecasting consultancy FTR Associates estimate that the turnover problem is likely to get worse, with the shortage potentially in the 250,000-driver range by the end of this year.
Freight
transportation forecasting consultancy FTR and Internet Truckstop, an online load board service for motor carriers and shippers, last month announced a strategic industry partnership at FTR's Annual Transportation Conference in Indianapolis.
The combination of E2open's
transportation forecasting with Cloud Logistics' transportation management also creates a unique opportunity to better assess, procure, and manage transportation capacity.
Freight
transportation forecasting firm FTR issued data in June showing that while over-the-road capacity availability remains tight, the outlook is not quite as dire as it was earlier this year.
Eric Starks, president of
transportation forecasting for FTR Associates, said recently that the U.S.
In fact, projections from freight
transportation forecasting consultancy FTR Associates estimate that this problem is likely to get worse, and by 2014 the driver shortage could be in the 250,000 range.
That's changing, says Klappich, as vendors like Terra Technology produce solutions that help companies manage market volatility by using demand sensing, inventory optimization, and
transportation forecasting.