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SVB Collapse Continues to Have an Impact
Bloomberg Businessweek
Is There a Way to Reduce Empty Miles?
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20% of the miles, at least in Europe, are what are called empty miles. And that's part of the reason is just because they're not optimized too well. Sender tried to send them out phones so they could track them via GPS, but the truckers really didn't like it. So they just took out the SIM card or the battery from the phone. The industry for so long has been operated by phone, email and paper. That's essentially why this industry hasn't been digitized.
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