Machine Learning

XPO Logistics deploys machine learning to optimize supply chain (with video)

XPO Logistics (NYSE: XPO) is leveraging technology solutions to meet shippers’ demand for speed and agility, along with inventory management and reverse logistics, as the coronavirus pandemic continues to accelerate interest in e-commerce purchases.

Mario Harik, chief information officer for the transportation and logistics giant, discussed the company’s tech strategy Thursday during a fireside chat with George Abernathy, president of FreightWaves. The conversation took place during American...

https://www.freightwaves.com/news/xpo-logistics-deploys-machine-learning-to-optimize-supply-chain-with-video

Commentary: Applying AI to decision-making in shipping and commodities markets

The views expressed here are solely those of the author and do not necessarily represent the views of FreightWaves or its affiliates. 

In this installment of the AI in Supply Chain series (#AIinSupplyChain), we explore the topic of decision-making in the shipping and commodities markets.

Before we proceed, it is important to note four characteristics of the freight shipping industry that were highlighted by Roar Adland, a professor of shipping economics at the Norwegian School of Economics. In an

https://s29755.pcdn.co/news/commentary-applying-ai-to-commercial-decision-making-in-shipping-and-commodities-markets

Can Technology Prevent Collisions At Sea?

  • The seas are becoming increasingly congested and triple within the next 30 years.
  • 2019 recorded a 65% drop in global vessel losses, with 132 lost in 2009 compared with 46.
  • Human error is responsible for anywhere between 75% and 96% of all marine accidents.
  • Crew members are becoming too consumed with the onboard instruments.
  • AI and machine learning technology have the potential to transform shipping operations.
  • Fujitsu has been testing AI technology in collaboration with the Japanese Coast...

https://mfame.guru/can-technology-prevent-collisions-at-sea/

How Machine Learning Aids in Vaccine Production

As the pandemic continues its devastating effects and we race against time to release a vaccine in the public domain, the production questions haunt.

Even if we get an effective vaccine will we be able to produce enough to distribute among people? Is the process fast enough? The answer to all these questions lies in Machine Learning. An old article published in CERN website highlighting CERN scientists speaking on the use of machine learning in vaccine and drug development comes to the forefront.

https://mfame.guru/how-machine-learning-aids-vaccine-production/

HubTran integrates with 3PL Systems Inc.’s Brokerware platform

Back-office automation platform HubTran has announced a partnership with 3PL Systems Inc., creator of the Brokerware transportation management software for freight brokers and logistics providers.

The integration allows 3PL Systems users to automate manual back-office processes and reduce operating costs using HubTran’s artificial intelligence (AI), optical character recognition (OCR) and machine learning (ML) technologies.

HubTran states that it reduces the time back-office staff spends on...

https://s29755.pcdn.co/news/hubtran-integrates-with-3pl-systems-inc-s-brokerware-platform

HHLA Becomes One Of World’s First Ports To Implement Machine Learning To Increase Productivity

Hamburger Hafen und Logistik AG (HHLA)

Hamburger Hafen und Logistik AG (HHLA) is one of the first ports worldwide to develop solutions for its Hamburg container terminals that use machine learning (ML) to predict the dwell time of a container at the terminal. The first two projects have now been successfully integrated and implemented into the IT landscape at Container Terminals Altenwerder (CTA) and Burchardkai (CTB).

Angela Titzrath, Chairwoman of the Executive Board of HHLA, emphasised the importance of ML for the company in her...

https://www.marineinsight.com/shipping-news/hhla-becomes-one-of-worlds-first-ports-to-implement-machine-learning-to-increase-productivity/

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