Congratulations to our portfolio companies for making it on this year's Inc. 5000 list of the fastest growing companies in America! AchieveIt Bee Downtown FreightWaves Stord Verusen AI
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The Role of AI in Carrier Information Gathering ?? At the Logistics Leaders Conference, we had a insightful discussion with Philip Arnaudov from Prime Logistics, Jon Ackerman from Capstone Logistics, LLC, and Toni Gjurovski from TAG TRANS INC about leveraging Highway for gathering information from carriers. Philip Arnaudov brought up an essential point urging brokers to thoroughly consider the new AIs they incorporate before requiring carriers to adopt them. Watch the video to hear Philip’s insightful perspective! ?? #LogisticsLeaders #AIinLogistics #LogisticsInnovation
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?? #DataDiscoveryWeek @ #HapagLloyd ?? ?? Today we kicked off our Data Discovery Week to unlock the #data potential of our teams and to share the latest updates on #AI. ?? Data & AI are essential in today’s rapidly evolving #maritime industry and therefore our event is all about leveraging Data & AI to drive innovation and efficiency in our operations and with our customers even further. ?? ?The Power of Data to Reach Our Strategic Ambitions“ supports our Strategy 2030 goals and fueling innovation across our business. ?? We’re particularly excited about our special guests, who bring in new perspectives from other industries to inspire and challenge us as we evolve. In our opening session today Valentin Sch?ndienst, CPO and CTO of Axel Springer, did an inspiring keynote about the digital transformation of Axel Springer. Valentine’s insights and expertise sparked already new ideas and discussions among our teams: ? ???Originally rooted in newspaper publishing, Axel Springer has expanded significantly with companies like @Idealo and @Stepstone, showing how early adopters can be empowered to drive success. ??Believing in and investing in innovative products is crucial for growth and adaptation. ??AI is playing an expanding role in journalism, and we got a sneak peek into how AI-driven conversations with information bots could look in the future. ? So, what does this mean for us? At Hapag-Lloyd, we’re committed to digitizing our products and elevating service quality—using data as the backbone to become the #Undisputed Number One in Quality. ?? BIG THANK YOU to Florian Heinemann and Lutz Kretschmann and the teams behind - for all the hard work a global and digital event like ours demands and great to see the outcome and positive waves you created already within our company ????????? Stay tuned for updates and highlights from this incredible week! Let’s dive into the future of shipping, powered by Data and AI. ???? #DataDiscovery #AI #Innovation #HapagLloyd #FutureOfShipping ShippingIndustry #DataDriven #FutureOfShipping #strongertogether #WeCareWeMoveWeDeliver
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What is Source? And how does it support optimized spot freight? Our own Joseph Durante answered that question on a recent webinar, sharing how it helps you: - Source loads to fill gaps in your network. - Aggregate spot freight opportunities across private load boards, emails, and public load boards. - Include spot freight recommendations in your overall network and dispatching plans. Watch the video to learn more, and get all the details about Source by Optimal Dynamics here: https://lnkd.in/guSQcpzN #spotfreight #spotmarket #source #ai #artificialintelligence #artificialdecisionintelligence #decisionintelligence #decisionautomation #trucking #transportation #supplychain #logistics #freight
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Professor Emeritus, Princeton University/ Co-Founder, Optimal Dynamics/ Executive-in-Residence Rutgers Business School
“Source” is the latest tool out of Optimal Dynamics, and it is just magical. For decades I focused on the problem of finding the best driver to assign to a load given the uncertain future. We then started to appreciate that the most important decision is deciding what loads to move. You have a wider range of choices when you commit to loads in the future, before you know where your drivers are, and often before your top shippers have called in their loads. Source reaches out and sucks in loads from a variety of sources, from load boards to emails, along with brokerage loads. These are then combined with 20 different samples of loads that might be called in by your preferred accounts (who leverage their status to call in their loads with little advance notice). Source then feeds these loads to our powerful load acceptance system to identify the loads that are most likely to be covered by the dispatch system. That means we have a driver who can move the load, who wants to move the liad, and where the load offers the most profitable choice for the carrier. This is how we help carriers generate the most revenue from their fleet. Pretty amazing!
What is Source? And how does it support optimized spot freight? Our own Joseph Durante answered that question on a recent webinar, sharing how it helps you: - Source loads to fill gaps in your network. - Aggregate spot freight opportunities across private load boards, emails, and public load boards. - Include spot freight recommendations in your overall network and dispatching plans. Watch the video to learn more, and get all the details about Source by Optimal Dynamics here: https://lnkd.in/guSQcpzN #spotfreight #spotmarket #source #ai #artificialintelligence #artificialdecisionintelligence #decisionintelligence #decisionautomation #trucking #transportation #supplychain #logistics #freight
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The Optimal Dynamics platform helps you anticipate gaps in your network up to 3 weeks in advance, allowing you to procure the freight needed to stay busy and profitable. Optimal Dynamics CEO Daniel Powell shared how this function works at last year’s FreightWaves Future of Freight Festival. Check out his explanation in the video, and get in touch with us to discover what decision automation can do for your business: https://lnkd.in/gsdm88f5 #ai #artificialintelligence #artificialdecisionintelligence #decisionintelligence #decisionautomation #trucking #transportation #supplychain #logistics #freight #freightwaves
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Amid an year of dynamic tech advancements and industry shifts, the Straker team remains dedicated to staying ahead of the curve. We are proud to have navigated through challenges and seized opportunities, resulting in notable achievements. A prime example of our innovation is our AI-powered multilingual capabilities within Slack, utilizing the Straker Slack app (https://lnkd.in/gR_4TF4u). This cutting-edge feature enables seamless multilingual conversations and AI transcription services, enhancing global collaboration. In addition, our AI-based translation verification system, accessible via www.straker.ai, ensures accurate and reliable translations. These innovative tools showcase our commitment to providing efficient and effective solutions in a rapidly changing industry. The Straker team is dedicated to pushing the boundaries of what's possible. Stay tuned as we unveil exciting new products and features in the upcoming months. We can't wait to showcase the power of our innovative spirit and drive value for our customers. #Straker #StrakerInnovation #AI #MultilingualSolutions #Slack #SlackIntegration #AI
Got our full year results out for Straker today. Very proud of the team delivering fantastic results in a challenging environment. Our mission was to ensure we were a cash generating company well positioned in the world of genAI, and we also invested around $8m into our R&D with a big focus on AI. The exciting part is that we now have some amazing new product offerings that can offer significant savings to our customers. Every time we see LLM translation being embedded in an online platform we see it as a new opportunity. Looking forward to seeing what the team can produce in FY25!
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As we celebrate today’s release of PopCapacity Pro, you should know: It’s AI-driven, but we didn’t just grab any AI platform off the shelf. We developed our own! Because it had to be sensitive to the needs of the logistics market. The leader of our development team is Kirubel “Daniel Girma , and he talked with Dan Calabrese about how this came together: #supplychainprocurement #warehouseprocurement #artificialintelligence #popcapacity #popcapacitypro #logisticsprocurement
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Reporting live from AGA Tech Summit in Chicago - we have a new Shark Tank winner! ???? Congrats to Verti Venthan Elango & Renumathy Dhanasekaran of Arithmedics. Their tech uses generative AI and data intelligence to reduce billing mistakes and claim denials. The software generates and explains codes to streamline the billing process and uses data from completed claims to reduce future denials. More details in this quick video pitch: https://ow.ly/ZNep50RfeN4
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Our team sat down with Air Cargo Next to discuss how the airfreight industry is embracing AI, with 96% of logistics companies planning to integrate AI into their operations (as reported by Freightos). Antonia Ambrozy, Director of eBookings Growth at WebCargo by Freightos, shares how WebCargo facilitated a record 39% YoY increase in eBookings, thanks to our in-house generative AI solution. Antonia highlights, "We were able to leverage industry knowledge and experience and what has been transferred to us and build a tool that’s helpful for the industry as part of our platform." Brennan O'Dowd, CEO and Co-Founder of 7LFreight by Freightos, emphasizes the inevitability of AI's presence in the industry, stating, "Such technology is here to stay. It is crucial to become fluent in technologies available in the air cargo or forwarding landscape and to communicate how each can improve operations." So, how can stakeholders effectively build trust among their customers in the digital air cargo landscape? Find out in their interview with Air Cargo Next's Courtney Blackann. Read the full article here: https://lnkd.in/e259yGfB #digitalaircargo #interview #aircargo #innovation #freightforwarding
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?? FleetWorks (YC S23) has launched "End to End Bookings," an AI-driven system that automates carrier bookings from start to finish without human input. Watch the video below to see how a carrier books a load with AI. Learn more about this and the latest freight news in today's FreightCaviar newsletter, sponsored by Trinity Logistics, Epay Manager, & Greenscreens.ai.
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MD, Chief Technology Officer (CTO) Invesco | Global Business Executive
1 周Well deserved