Universal Transit: Pioneering AI to transform auto transportation

Universal Transit, a groundbreaking company founded by three innovative friends in New Jersey in 2020, is on a mission to revolutionize the auto transportation sector. 

With aspirations to raise $1.2 million through regulation crowdfunding (Reg CF) on Republic, this startup is not merely aiming to alter the landscape of car shipping; it’s actively leading the charge. The auto shipping industry, despite its significant worth, has largely remained untouched by modernization.

Universal Transit CEO...

https://www.freightwaves.com/news/universal-transit-pioneering-ai-to-transform-auto-transportation

How shipping document automation drives profitability

Over the past several years, the logistics industry has been propelled into the digital age by a powerful combination of consumer expectations, government regulations and technological innovations. Some companies have been eager to adopt these tools, while others remain skeptical about the benefits, effort — and risks — associated with new technologies.

Despite the myriad of high-tech solutions that have been introduced to the logistics industry — from instant load booking to real-time shipment...

https://www.freightwaves.com/news/how-shipping-document-automation-drives-profitability

Bearing brings maritime AI to bear on EU ETS compliance

Palo Alto, Calif., headquartered maritime AI (artificial intelligence) solutions provider Bearing AI has launched an update to its Fleet Deployment Optimizer (FDO) solution that is designed to help shipping companies manage their emissions in compliance with the new European Union Emissions Trading System (EU ETS) regulations.

With the introduction of this regulation, all ships calling at ports in the European Economic Area are accountable for their carbon emissions via EU Allowances (EUAs) — a...

https://www.marinelog.com/legal/regulations/bearing-brings-maritime-ai-to-bear-on-eu-ets-compliance/

From pandemic chaos to AI, supply chain panelists have seen it all lately

NEW YORK — Think about what a supply chain leader has gone through in the past few years.

There was the pandemic that at first looked like it would crater demand for virtually all goods and services once the toilet paper rush ran its course.

Then came the whiplash in no time when huge demand for goods replaced demand for services that couldn’t be provided during lockdowns, and the transport and supply of those products failed to keep up. The end result: Old ways of doing business in the supply...

https://www.freightwaves.com/news/from-pandemic-chaos-to-ai-supply-chain-panelists-have-seen-it-all-lately

A Deep Dive Into Generative AI & Its Transformative Role In Maritime

The maritime industry is on the cusp of a technological revolution, and at the forefront of this evolution is Generative Artificial Intelligence (Generative AI).

As this innovative technology reshapes the future of shipping, this article serves as a compass, guiding readers through the basics of Generative AI and its groundbreaking application in maritime technical management, says an article published on kaiko system website.

Demystifying Generative AI, A Primer

Before delving into its maritime...

https://mfame.guru/a-deep-dive-into-generative-ai-its-transformative-role-in-maritime/

Uber Freight’s new solutions: Rebuilt TMS, procurement, wide AI use

The Uber Freight acquisition and integration of Transplace in 2021 has moved to a higher level with the announcement of a suite of products that touches both sides of the combined company.

Uber Freight rolled out the new offerings late last month at its Deliver user conference in San Diego.

CEO Lior Ron, in a media briefing held in conjunction with the conference, said the company was “doubling down on our technology.”

At the heart of the new offerings — and the one that most closely aligns with...

https://www.freightwaves.com/news/uber-freights-new-solutions-rebuilt-tms-procurement-wide-ai-use

Integrating Private and Public Data for Better Results

Credti: conny-schneider-unsplash

Combining private data with public data for better outcomes – VWT, according to Smart Maritime Network news source.

Big data analytics and artificial intelligence

It is often claimed that big data analytics and artificial intelligence improve our factual base for supply chain and logistics decision-making. Analytics is about what is, what may be, and what are my options if I wish to influence the flow of goods.

This requires that private data stored in various...

https://mfame.guru/integrating-private-and-public-data-for-better-results/

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