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Lionel van der Walt and Joe Lynch discuss revolutionizing freightforwarding using tech, which is exactly what Raft.ai In the podcast interview, Lionel and Joe discuss revolutionizing freightforwarding using tech. is a technology company that specializes in conversational AI and natural language processing.
As a growth partner to its clients, GEODIS specializes in five lines of business: Supply Chain Optimization, Global FreightForwarding, Global Contract Logistics, Distribution & Express, and European Road Network. GEODIS is a company owned by SNCF group. 6 in its sector across the world. In 2022, GEODIS generated €13.7
Faced with the challenge of limited data availability, he co-founded Vizion, an API-first solution empowering cargo owners, freightforwarders, and software providers to achieve true supply chain visibility by tracking ocean freight in near real-time.
This is accomplished through Axiom-One, a next generation artificial intelligence platform that enables transportation professionals to communicate data-driven insights and recommendations more quickly and easier than ever before. BI = business intelligences and AI = artificial intelligence.
While people find it easy to book things like accommodations online, container owners and freightforwarders or shippers looking for available Shipper Owned Containers (SOCs) often still struggle to connect with trusted partners. As freightforwarders, we’re not the only industry that has had to digitize.
The annual list ranks companies on the basis of annual gross revenue generated by their logistics operations, including freight brokerage, freightforwarding, warehousing and distribution and asset-based dedicated contract carriage. Freight brokerage giant C.H. Clevenger, currently based in Alexandria, Va.,
Thomas Kuehn has joined independent freightforwarder Unsworth, as managing director of its UK business, with current managing director, Richard Hogg becoming chief executive officer of the Unsworth group , and Charles Hogg leading the company’s client solutions team as commercial director.
Haifa port, which was privatized in 2022, is owned 70% by Indias Adani Ports while the remaining 30% is held by Israels Gadot Group. The ocean carrier said it had not experienced any further disruptions to its scheduled operations in the region.
Encouraging fleet managers to participate in these groups can help them stay informed and connected to best practices. Last Mile Delivery FreightForwarding/Customs Brokerage LTL/Truckload Services Education & Professional Development HR & Labor Management RELATED CONTENT RELATED VIDEOS Subscribe to our Daily Newsletter!
Seafrigo Group and WiseTech Global have announced the global rollout of CargoWise, the integrated cloud-based logistics execution platform, across 19 countries in the Seafrigo network. CargoWise’s freightforwarding, customs and accounting modules will be rolled out progressively across Seafrigo operations from April 2021.
shipzero enables transport and logistics companies to create transparency about their emissions data and manage decarbonization throughout the supply chain. The Hamburg-based data platform has received seven-figure growth funding for further product development and internationalization.
The fragmentation of data and processes was creating blind spots, inefficiencies, and ultimately, vulnerability to disruption. – Paolo Galli, VP Group Logistics Operations at Electrolux. At Freightos, we’ve invested heavily in providing near real-time or real-time data to our customers.
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PTV Group, Econolite and Conundra, along with backers Bridgepoint and Porsche have announced the further integration and strategic reorganization of the companies into two strong and distinct businesses serving their respective end markets: Mobility and Logistics. We look forward to further supporting the development of both businesses.”
The promise of computational power plus AI means predictive analytics are the way forward, Petro says. The ability of computers to digest enormous amounts of data allows for modeling of the convergence of multiple events at a SKU level. Then, there’s the power of AI to model consumer groups and forecast human behavior.
Transport Exchange Group (TEG), a leading UK online freight exchange platform, is helping its members to operate more dynamically and competitively in a highly volatile marketplace with the launch of what it describes as an ‘industry-first’ load pricing data service.
Leverage relationships with freightforwarders or the reliability of shipping platforms like Freightos.com for advice, accountability and better shipment visibility. As businesses adapt to the current landscape, monitoring these trends will be crucial for navigating the evolving international freight market.
Go Beyond, taking place on 12 November in London gathers 250+ innovators across the physical operations industry, including Otto Car, Lanes Group, Fraikin, and more. We collaborate with some of Europe’s largest and most complex operational companies to solve hard problems using the unparalleled scale of our regional and global data.
For the first 15 years of his professional career Matt focused on information technology – working for a large silicon valley software companies to data center startups to a brief stint with a family foundation who, unlike his previous employers, existed to give all their money away. About Matt McLelland.
Timmermann, formerly of Toll Group, pointed out that BCOs mostly still prefer to use forwarders because of the complexity of ocean logistics: forwarders serve as problem solvers when things like canceled sailings, rolled containers, or price adjustments of just the ocean move occur. The data shows this too.
At least three carmakers, including Dongfeng Motor Group Co., Guangzhou Automobile Group Co. and China FAW Group Co. BYD took an average of 275 days to pay suppliers in 2023, Bloomberg compiled data show. The platform had issued 400 billion yuan ($55.7
For freightforwarders , the adoption of digital platforms translates to expanded services and democratized access. By expanding transaction types and accelerating industry interactions, our roadmap anticipates that platforms will play a central role in improving digital management systems with enhanced data utilization and AI.
More Resources Home July 9, 2024 Update The Freightos Weekly Update helps you stay on top of the latest developments in international freight by giving you the rundown on the latest economic data, ocean and air demand trends, rate data – and anything else impacting the market. America weekly prices decreased 7% to $5.58/kg
More Resources Home July 16, 2024 Update The Freightos Weekly Update helps you stay on top of the latest developments in international freight by giving you the rundown on the latest economic data, ocean and air demand trends, rate data – and anything else impacting the market. America weekly prices stayed level at $5.57/kg
More Resources Home September 13, 2023 Update The Freightos Weekly Update helps you stay on top of the latest developments in international freight by giving you the rundown on the latest economic data, ocean and air demand trends, rate data – and anything else impacting the market. China – N. Europe – N.
BSH Group, manufacturer of domestic equipment, has strongly improved its transportation tendering and planning processes. Increased transparency, due to better data accuracy, has led to both cost savings and a reduction of the administration workload. The number of errors, as a result of human handling, is reduced as well.
WiseTech Global has announced that IAG Cargo, the cargo division of International Airlines Group (IAG), is now directly integrated with CargoWise, enabling freightforwarders to efficiently choose, book, confirm and change shipments , in real-time from within the industry’s leading logistics execution platform.
Email responses are obsolete in just minutes and only digital solutions can keep essential freight moving. Which is where the Freightos Group comes in. So when we got to thinking about how the Freightos Group can uphold our mission to make global trade frictionless during the pandemic, the answer was obvious.
and digital systems is a major pain point (said every forwarder ops pro who ever spoke to a customer). In a recent post by Gaurav Bajaj , Solvo’s CEO, Will Urban, former Chief Revenue Officer at Flexport, affirmed this – “data entry, tracking, and basic customer enquiries all consume a vast amount of time.”
Etihad Cargo , the cargo and logistics arm of Abu Dhabi’s Etihad Aviation Group, and CargoAi , the SaaS application which provides air cargo digital solutions, have partnered to elevate the carrier’s API accessibility for freightforwarders as part of its digitalisation strategy.
Blog More Resources Home It’s Not About Chatbots: Getting Real on AI Usage In Real Life Logistics (AI Popup #5) AI Popup #5 September 17, 2024 Dive deeper into freightdata that matters Learn More It’s so hard to talk about AI without sounding pretentious or annoying. The model would be trained on our own customer data.
Crossing one million bookings annually in 2023, we’ve made significant headway in digitizing spot freight pricing and bookings, especially in air cargo. But, as we hear from our freightforwarder and shipper customers again and again, spot bookings aren’t everything. That’s exactly where Shipsta comes in.
We became a leader in air freightforwarding through our extensive experience and global industry network. Our team at DGL has more than 150 years of combined freightforwarding experience, with an average employment of more than 15 years. More About Dedola Global Logistics – DGL.
Prompt and seamless exchange of accurate information is essential for a robust logistics network, especially for air freight tracking. With this, BlueBox Systems enables companies to quickly and easily access high-quality air freightdata, resulting in streamlined operations.
The main concept behind these digital services is the possibility of managing all the necessary documents and data with multiple parties in one single platform. In terms of data and documents, we can identify three groups of functionalities: · Assemble: generation and management of compliant shipping and trade information.
But real progress isn’t always so apparent in freightforwarding. 2 INNOVATION NEEDS STRUCTURE AND TIME The group uses something called an “Innovation Cycle” to devise ideas and get it out into the real world. The solution for larger forwarders? . – James Joyce. Innovators see the world differently.
Denholm Limited (the Denholm Group) is excited to announce that Denholm Global Logistics and Good Logistics, two renowned logistics leaders, have merged to form Denholm Good Logistics. Denholm Limited (the Denholm Group), announced the acquisition of freightforwarding and logistics company, John Good Logistics Limited, in 2021.
As a disclaimer, WebCargo , a Freightos Group company, does offers digital services to global forwarders and carriers, including online sales portals, digital eBooking, multimodal rate management and the Freightos.com freight marketplace. . A Maersk ocean liner generates some 2 GB a of data per day.
And though the market index long predates digital computing, computing power combined with huge, aggregated data sets have proved fertile ground to improve visibility. But despite its size, containerized freight’s poor visibility persisted. In fact, containerized freight is one of the most volatile industries in the world.
Descartes Systems Group has announced that Nynas AB, a manufacturer and supplier of specialty oil products and services, is using Descartes’ cloud-based transportation management system (TMS) to automate communications throughout the customer order lifecycle.
While most visibility providers depend on third parties for ocean tracking data, Ocean Insights has built native integrations with shipping lines to ingest data directly from the source, giving customers the richest visibility across global containerized ocean shipments. Ocean freight is a linchpin for global supply chains.
The decade that passed, saw the rise of several hundred startups in the shipping and freight industry heralding the arrival of the Digital FreightForwarder and Digital Alliances by shipping lines designed to offer customers digital freight solutions.
In an era that has embraced data technology for improving everything from entertainment to finance, freight is still manual. The data of global supply chains simply moves too slowly, creating a barrier for frictionless global trade. The future of global trade starts today.”.
bans exports by Oregon freight-forwarder in warning shot to industry Container losses fall to record low Warehouse wages rise to average of $18.99 An Oregon freight-forwarder was hit with an export ban in what officials said was a warning to companies to heed restrictions on the shipment of sensitive technologies to countries the U.S.
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