New Tech

Evaluating FreightTech: Prioritizing business needs and user enablement

This fireside chat recap is from FreightWaves’ 3PL Summit on Wednesday.

FIRESIDE CHAT TOPIC: A guide on how to evaluate FreightTech products

DETAILS: In this fireside chat, Ryan Schreiber, chief growth officer at Metafora, dives into the critical considerations leaders must ponder when assessing their companies’ FreightTech requirements. He dissects the distinction between early and late technology adoption, pinpointing key business challenges. 

KEY QUOTES FROM SCHREIBER:

“Number one, you need to...

https://www.freightwaves.com/news/evaluating-freighttech-prioritizing-business-needs-and-user-enablement

ITS Logistics invests over $30M to join digital visibility platform race

While the logistics industry is still in the early stages of adopting AI in its supply chain, many companies are investing in digital abilities to expand services to clients. In times of uncertainty, it’s the ability of a logistics company to offer real-time container analysis for clients and provide them with certainty that makes a difference.

The freight recession continues to weed out the diversified logistics companies versus the overhyped, flash-in-the-pan logistics companies that masked...

https://www.freightwaves.com/news/its-logistics-invests-over-30m-to-join-digital-visibility-platform-race

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

Slync, winding down operations, to auction off intellectual property

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Logistics visibility platform Slync, which is winding down operations, is having its intellectual...

https://www.freightwaves.com/news/slync-winding-down-operations-to-auction-off-intellectual-property

FedEx leverages AI to improve trailer-loading process

Robotics firm Dexterity AI said Tuesday it has partnered with FedEx Corp. (NYSE: FDX) to have robots load FedEx Ground trailers by leveraging AI-powered technology.

The first robotic truck was unveiled Tuesday at a joint event, called Unlock the Dock, held in San Francisco. FedEx is testing the technology with FedEx Ground trailers to refine its use for everyday loading tasks, Dexterity AI said in a statement. 

The technology is designed to automate manual truck-loading tasks and to alleviate the...

https://www.freightwaves.com/news/fedex-leverages-ai-to-improve-trailer-loading-process

New tech aims to address US truck parking shortage

Financial services company Finloc 2000, which specializes in freight transportation equipment, is working on a new mobile app aimed at solving the challenges of truck parking in the United States. The growth of the number of truckers on the roads over the past two decades, in addition to hours-of-service regulations, has created a struggle for drivers seeking overnight parking.

In March, U.S. Transportation Secretary Pete Buttigieg said one of the top issues he hears about from truck drivers is...

https://www.freightwaves.com/news/new-tech-aims-to-address-us-truck-parking-shortage

FreightWaves’ biggest event yet is coming — here’s what you need to know

In just a few short months, FreightWaves will host its biggest event yet, F3: Future of Freight Festival, packed with world-renowned speakers, educational sessions, award-winning musicians and much more. 

This three-day event will take place Nov. 7-9 in Chattanooga, Tennessee — the heart of Freight Alley and home to FreightWaves. 

Here’s some of what you’ll experience at this can’t-miss festival:

Unforgettable keynotes and speakers

We have gathered some of the greatest thought leaders in the world...

https://www.freightwaves.com/news/freightwaves-biggest-event-yet-is-coming-heres-what-you-need-to-know

Convoy releases Guaranteed Just-In-Time

In the aftermath of the pandemic, the resurgence of just-in-time (JIT) manufacturing is becoming evident. The short-term preference for just-in-case inventory has produced a renewed emphasis on efficiency and cost reduction. 

This pivot within the post-pandemic logistics landscape has influenced digital freight network Convoy to launch Guaranteed Just-In-Time. This solution ensures an on-time delivery, within a 15-minute window, for its shipper customers with fully vetted carriers that...

https://www.freightwaves.com/news/convoy-releases-guaranteed-just-in-time

Kodif brings low-code generative AI solutions to e-commerce merchants

In the domain of customer service and support, generative artificial intelligence is set to revolutionize the landscape. Technology research firm Gartner predicts a 20% to 30% reduction in traditional service agents by 2026 as businesses adopt AI solutions to streamline processes. This technology not only boosts employee productivity by reducing handle times but also enhances interaction quality through reusable knowledge creation.

To help e-commerce merchants utilize generative AI to compete on...

https://www.freightwaves.com/news/kodif-brings-low-code-generative-ai-solutions-to-e-commerce-merchants

OTR launches Clutch debit card service

OTR Solutions announced Tuesday it has launched OTR Clutch, a banking application for carriers.  

OTR Clutch enables all U.S.-based carriers to open what functions much like a standard bank account. Fleet managers can extend account access to others and set spending limits on cards. Those that utilize OTR Solutions for their factoring needs can link their Clutch accounts to the company’s platform to guarantee quick access to earnings.

“We are very excited to launch OTR Clutch not only as a...

https://www.freightwaves.com/news/otr-launches-clutch-debit-card-service

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