Parade.ai
Parade.ai provides AI-driven capacity management solutions for freight brokerages and 3PLs, helping teams cover more loads and boost margins.
Services
Parade.ai specializes in providing capacity management solutions tailored to freight brokerages and 3PLs. Their services include automating and streamlining the load booking process, enabling team members to book a greater number of loads daily. They offer tools to help procure and manage carriers, driving improved pricing through automation and increasing gross margins. Parade.ai also centralizes brokerage workflows by integrating with existing tech stacks such as TMS, compliance, and load partners.
Products
Parade.ai offers a key product called Capacity CoDriver, which aims to enhance team performance with advanced AI. This product helps supercharge teams by enabling them to cover twice as many loads per person. Besides, it assists in the precise pricing, optimized bidding, and better shipper connectivity, facilitating a more efficient load booking process. Capacity CoDriver integrates seamlessly with existing technology stacks, making it easier for freight brokerages to manage their operations.
AI Integration in Logistics
Parade.ai uses artificial intelligence to boost the efficiency of freight brokerages. Their AI solutions automate various functions, including load booking and carrier management. This leads to significant improvements, such as a tenfold increase in carrier networks and a 25% increase in the number of repeat carriers completing four or more loads per month. The use of AI also helps in better pricing and optimized bidding, resulting in higher margins. In partnership with Tai Software, Parade.ai has extended these AI capabilities to Tai TMS users.
Partnerships and Collaborations
Parade.ai recently announced a partnership with Tai Software to introduce Generative AI capabilities to Tai TMS users. This collaboration aims to leverage AI to provide more efficient and effective solutions for freight brokerages, enhancing their operational capabilities. By integrating their AI technology with Tai TMS, Parade.ai helps streamline processes and improve overall efficiency for users.
Location and Resources
Parade.ai is located at 1160 Battery St. #100, San Francisco, CA 94111-1233. To aid their clients and prospects, Parade.ai offers various resources including videos, case studies, infographics, and blog posts. These materials help to better understand their services and the potential of AI in freight brokerage. One notable resource they provide is the Freight Brokerage AI Playbook, which aims to demystify the complexities and benefits of AI in the logistics sector.