DAT, Convoy drop lawsuits against each other

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Load board DAT Solutions and digital freight brokerage Convoy have agreed to drop their lawsuits...

https://www.freightwaves.com/news/dat-convoy-drop-lawsuits-against-each-other

Top 5 KPIs to lower shipping costs, boost profitability

Data drives today’s supply chain. Benchmarking and measuring what matters is the only way to know if what you are doing is working. In addition, knowing your KPIs, or key performance indicators provides a roadmap to improving your shipping experience and supply chain network. Addressing problems without evidence of their existence often leads to confusion, irritation, and conflict. That’s where KPIs come into play. 

KPIs can measure a seemingly endless number of variables, and navigating a full...

https://www.freightwaves.com/news/top-5-kpis-to-lower-shipping-costs-boost-profitability

Subdued holiday season offers opportunity for service improvements

The winter holidays have long been harbingers of chaos for the logistics industry. Typically, volume spikes and tender rejection rates soar ahead of the festivities, leaving shippers scrambling for capacity as shoppers scavenge store shelves for the latest and greatest gifts. 

Last year’s peak retail season stands apart from previous years in that there wasn’t much of a “peak” at all. 

The project44 Ocean Container Rollover Index (P44ORI) – which measures the weekly proportion of cargo departing...

https://www.freightwaves.com/news/subdued-holiday-season-offers-opportunity-for-service-improvements

Singapore’s 2022 Piracy Incidents Hit 7-Year High

Credits: Christopher Gower/Unsplash
  • Singapore Straits’ share 65% in Asia piracy
  • Sulu-Celebes Seas’ threat downgraded

Sea robbery and piracy related incidents in the Singapore Strait rose to a seven-year high in 2022 but in contrast, the possibility of attacks by the Abu Sayyaf Group has declined considerably in the Sulu-Celebes Seas, prompting a moderation of threat assessment there, an international watchdog monitoring the trend said late Jan 17, reports SP Global.

Analytics

ReCAAP’s data is...

https://mfame.guru/singapores-2022-piracy-incidents-hit-7-year-high/

BoxC links with FDA for faster e-commerce customs clearance

Global shipping platform BoxC announced that through a data-sharing initiative with U.S. Customs and Border Protection its e-commerce merchants shipping Food and Drug Administration-regulated products will have the capability to send products individually to the U.S. and receive the same clearance rate as bulk shipping.

Chad Schofield, co-founder and chief digital officer at BoxC, told FreightWaves the difficulties e-commerce shippers face when getting their products into the United States.

“Tradi...

Reducing Bias And Protecting Your Privacy With AI

Artificial intelligence (AI) already impacts our daily lives in ways we never imagined just a few years ago – and in ways that we’re unaware of now. From self-driving cars to voice-assisted devices to predictive text messaging, AI has become a necessary and unavoidable part of our society, including in the workplace, reports The Enterprisers Project.

The need for responsible AI

Any consumer-facing organization that employs AI technology must act responsibly, especially when customer data is...

https://mfame.guru/reducing-bias-and-protecting-your-privacy-with-ai/

ZeroNorth: The shipping industry cannot take decisions in isolation anymore

The shipping industry cannot take decisions in isolation anymore and must understand the true impact of decision-making, according to ZeroNorth, a Denmark-based digital company that aims to accelerate maritime decarbonisation.

The post ZeroNorth: The shipping industry cannot take decisions in...

https://www.offshore-energy.biz/zeronorth-the-shipping-industry-cannot-take-decisions-in-isolation-anymore/

Wärtsilä Voyage: Data will be crucial for maritime industry’s green future

Data will play a central role in helping the maritime industry comply with the new regulations on Energy Efficiency Existing Ship Index (EEXI) and Carbon Intensity Indicator (CII), as well as achieve its environmental, regulatory, and commercial goals, according to Sarah Barrett, Product Insights...

https://www.offshore-energy.biz/wartsila-voyage-data-will-be-crucial-for-maritime-industrys-green-future/