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CRST & Optimal Dynamics: Automation, Optimization and Record-Breaking Results
CRST Director of Operations, Brock Ferry, takes us on a journey from transforming organizational workflows to empowering dispatchers and drivers to make freight decisions that benefit company performance and profitability. By maintaining near 100% adherence to AI-powered load acceptance and dispatching decisions, one of the nation’s largest transportation companies quickly experienced a significant increase in revenue per truck per week.
CRST & Optimal Dynamics: McLeod Breakout Session
Brock Ferry, Director of Operations at CRST, and Daniel Powell, CEO at Optimal Dynamics, discuss transforming organizational workflows to empower dispatchers and planners to make freight decisions that benefit overall company performance.
The Operational Benefits of Artificial Decision Intelligence in the Trucking Industry
The transportation industry is rapidly evolving. Trucking companies must transform their legacy operations through advanced technology to thrive in this dynamic landscape. This white paper shares how trucking companies are using tech to turn their challenges into business opportunities
Rapid Transformation and Record-Breaking Results at Grand Island Express
Like most transportation networks, Grand Island Express must navigate daily challenges that involve far too many variables for the human brain to process comprehensively. Dispatchers had their hands full in terms of simply ensuring that all of the loads were covered, but management was seeking to find opportunities for increasing network efficiency and load velocity. What they got with Optimal Dynamics was so much more…
7 Essential Questions to Ask Any AI Technology Vendor
Everyone’s talking about artificial intelligence right now, but there aren’t nearly enough real, practical applications for the supply chain, logistics, and transportation space. How can you discern AI hype from reality when evaluating different technologies? This ebook outlines the questions you should ask of vendors.
Industrial AI in Trucking: Answers to Your Industry Questions
While we could spend days on this topic, we’re keeping these LinkedIn Live webinars brief, educational, and digestible. The recent McLeod AI Conference was an intimate discussion on trucking transformation and it definitely sparked questions that deserve answers. Join McLeod and Optimal Dynamics as we cover questions from carriers, showcase real-world examples of how advanced technologies are solving optimization challenges, and highlight why the conversation on “AI in Trucking” needs to keep on rolling!
The Newest Addition to The Dispatcher’s Toolkit
AI decision-making is revolutionizing dispatch operations in trucking, enhancing efficiency and driving profitability. Download our white paper for more insights and practical information your company can use to stay ahead in the competitive trucking landscape.
Resilient Answers to Your Most Urgent Questions
Optimal Dynamics introduces an AI-driven software tailored for modern supply chains, capable of understanding networks, handling uncertainties, and adapting to real-world shifts.
‘Now is the time!’ A&A Express’ Manny Slater Talks About Optimal Dynamics
Manny Slater, Owner of A&A Express, says “now is the time” to focus on making your trucking business as efficient as possible. This is exactly why his company is using Optimal Dynamics’ AI-powered solutions to streamline their daily operational decisions, allowing their team members to focus on customer relationships and exception management. Watch the video to learn how Optimal Dynamics is propelling A&A Express toward those goals.
We Don't Play Favorites
At Optimal Dynamics, our AI engine powers autonomous decision-making. No matter how big or small the decision, and no matter how simple or complex, our logic treats it the same. In short, our AI engine does not play favorites. Unfortunately, we can’t say the same for our employees. Watch the video to find out more.
How AI Can Forecast Downstream Load Profitability to Improve Financial Performance
Discover how AI can revolutionize load decisions, from bid responses to daily load planning, ensuring a maximized profit potential at every turn. Access the white paper to explore this cutting-edge approach.
Change Management and Adoption of Logistics Technology
In this webinar, CEO of Optimal Dynamics, Daniel Powell joins Adam Perlmutter of Metafora, Eric Johnson of the Journal of Commerce, and Trey Griggs of BETA Consulting Group to discuss change management and the adoption of logistics technology.
Effective Change Management for AI-Driven Business Transformation in Trucking
Most trucking industry leaders recognize that times are challenging, and that it’s time to move on from manually-driven operations and embrace the technologies of today, including Artificial Intelligence. But the complexity of the transformation can at times seem overwhelming.
Optimal Dynamics & BCB Transport: Growing Revenue Amid a Freight Recession
Industry leaders Daniel Powell, CEO of Optimal Dynamics, Rick Larkin, CIO of BCB Transport, and Grace Sharkey, staff writer at FreightWaves share invaluable insights about leveraging technology to scale operations in challenging freight market conditions.
During Freight Recession, BCB Transport Sees 19.6% Increase in Revenue Per Truck After Embracing Artificial Decision Intelligence
By implementing Optimal Dynamics' Execute solution, BCB Transport was able to completely transform their operations. The results speak for themselves: a staggering 19% increase in revenue per truck per week and 16% reduction in the number of tractors they needed, all while navigating a challenging market.
Optimal Dynamics at Manifest 2023 - AI & Logistics Panel
Starting today, Optimal Dynamics Chief Innovation Officer, Warren Powell will begin a series of educational posts on decision analytics for trucking and supply chain management. In addition to co-founding Optimal Dynamics, Warren is a Professor Emeritus at Princeton University where he taught for almost 40 years.
A Universal Framework for Sequential Decision Analytics
Sequential decision problems are universal - they arise in every dimension of human processes, from deciding what price to charge or ad to display, to optimizing fleets of trucks or entire supply chains. In this talk, Chief Analytics Officer, Warren Powell, introduces listeners to a field he coined sequential decision analytics. This video presents a universal modeling framework and describes four classes of policies that describe any method for making decisions.
Sequential Decision Analytics Part I
This is the first of a four-part tutorial on Sequential Decision Analytics with Optimal Dynamics. This series will start by describing the broad class of sequential decision problems and then introduce the universal modeling framework that can be used to model any sequential decision problems.
Sequential Decision Analytics Part II
Continue learning in the second tutorial of our four-part series on Sequential Decision Analytics with Optimal Dynamics.
Sequential Decision Analytics Part III
Continue learning in the third tutorial of our four-part series on Sequential Decision Analytics with Optimal Dynamics.
Sequential Decision Analytics Part IV
Continue learning in the last tutorial of our four-part series on Sequential Decision Analytics with Optimal Dynamics.
Optimal Dynamics Rapid-Fire Demo from Freightwaves 2022
Chief Executive Officer Daniel Powell and VP of Technology Partnerships, Andrew Brazell walk through the Optimal Dynamics fleet management platform, debuting our latest solution for Bidding.
How Standard Logistics Increased their Fleet 2X with a New Approach to Freight Technology
Growth isn't easy - especially amid market uncertainties. Hear Standard Logistics President, Volker Bargenda & Manager - Fleet & 3PL Ops Analytics, Robert Stevens discuss how they leveraged new tech to more than double fleet size, expand into new domiciles, & explore hauling new freight, driving revenue & profitability.
Sequential Decision Analytics for the Truckload Industry
Discover the general methodology used by Optimal Dynamics to handle the complex sequential decision problems, in the presence of different forms of uncertainty, that arise in freight transportation and logistics.
Reinforcement Learning and Stochastic Optimization: A unified framework for sequential decisions
The first textbook to offer a comprehensive, unified framework of the rich field of sequential decisions under uncertainty.
Standard Logistics is Leveraging Artificial Decision Intelligence to Drive Growth with Optimal Dynamics
Learn how Standard Logistics is using Optimal Dynamics’ unique decision analytics technology to confidently drive growth, uncover new revenue streams, and create greater value in their business.
Daniel Powell on "What the Truck?!?" at Freightwaves F3 2022
On this episode of WHAT THE TRUCK?!? Dooner and The Dude are live from day 2 at F3 2022. They’re joined by Daniel Powell of Optimal Dynamics, Frank Mabry of Torc Robotics, Mario Duckett of Transflo, Haley Evens of TriumphPay, Justin Hall of Primo, and Rob Bussey of BWS Logistics.
The Case for Automation
In this video, Warren Powell, Optimal Dynamics Co-Founder and AI Visionary describes the benefits of automation for real-time dispatch systems in truckload trucking.
Optimizing Logistics: Building Future Tech Solutions
In this previously recorded webinar, Optimal Dynamics’ panel of experts had a conversation on the challenges of building tech solutions for logistics.
The Optimal Dynamics Planning System: Creating New Opportunities
Maximize your truckload carrier's contributions: use our load acceptance system to simulate dispatching drivers into the future & identify the best brokerage loads, load boards & more.
Distributional Forecasting: Planning for Uncertainty
When planning for the future, you need to plan for uncertainty. In this video we illustrate distributional forecasting, so we understand that we do not know what shippers are going to do, so we have to develop strategies that work with uncertainty.
Planning for the Future
It is important to make dispatch decisions and understand the value of drivers in the future. This means it is not enough to optimize assignments now - you have to optimize over time. We show that by learning the value of drivers in the future, we can increase profits by 20-40 percent.
Making the Fleet Work as a Whole
The Optimal Dynamics global dispatch tool optimizes over the entire network at a point in time. This technology allows the entire fleet work together as a unified resource, but it means you have to use the system for each assignment, not just the hard ones late in the day.
Ranked Order Dispatch for Flexible Dispatching
Even while we are optimizing over all drivers and loads, we still have to recognize that drivers will have their own preferences. Our proprietary "ranked order dispatch" logic provides a ranked list of loads for each driver (or ranked list of drivers for each load) that takes into account the effect of each recommendation on all other drivers and loads.
How To Test And Implement Driver Retention Strategies With Artificial Intelligence
In this webinar, Optimal Dynamics simulate your entire network into the future & account for uncertainty with High Dimensional AI.
Planning Into An Uncertain Future: Modern Analytics For Truckload Operations
Warren Powell presents how breakthroughs in analytics and decision science are driving the next generation of trucking optimization.
Approximate Dynamic Programming Captures Fleet Operations for Schneider National
Discover how Schneider National, the USA's largest truckload motor carrier revolutionized their fleet management and saved millions by leveraging cutting-edge simulation technology.
An Approximate Dynamic Programming Algorithm for Large-Scale Fleet Management: A Case Application
Discover how we crafted a model to simulate 6,000+ drivers' movements with remarkable precision at Schneider National, the USA's largest truckload motor carrier.
Introduction: A New Series on Decision Analytics for Truckload Trucking
Starting today, Optimal Dynamics Chief Innovation Officer, Warren Powell will begin a series of educational posts on decision analytics for trucking and supply chain management. In addition to co-founding Optimal Dynamics, Warren is a Professor Emeritus at Princeton University where he taught for almost 40 years.
There are no results.
"Our dispatchers are planning 60% more freight in the same amount of time, while even more importantly exceeding our operational efficiency goals."
- Rick Larkin, CIO at BCB Transport