By Jim Wyss (Bloomberg) — Scale AI, a California-based artificial-intelligence company, has found an oddity in Puerto Rico’s Port of Ponce — two idle ship-to-shore cranes. Shipping ports are capital intensive…
https://gcaptain.com/tiny-puerto-rican-port-gets-new-life-as-smart-test-lab-for-trade-fluidity/
A recent Forbes article highlighted the importance of increasing digital transformation in logistics and argued that many tech leaders should be adopting “tech-forward thinking, execution and delivery” in order to deliver with speed and keep a laser focus on the customer.
Since the COVID-19 pandemic, and even before, many logistics companies have been turning to technology to streamline their processes. For many, full digitization across the supply chain is the ultimate goal.
Despite many already...
https://www.freightwaves.com/news/the-race-to-digitization-in-logistics-through-machine-learning
Drayage, in its simplest form, is the transportation of freight from an ocean port to its initial inland destination. These moves tend to average no more than 50 miles, taking containers to rail yards to be put on a train or sending them to nearby warehouses to be sorted, segmented and routed to their next destination.
While the distances are comparatively short, the logistics of routing 11 million maritime containers in and out of ports every year has its full share of challenges.
Below are four...
https://www.freightwaves.com/news/4-challenges-of-drayage-and-the-freighttech-companies-solving-them
Scale AI, a startup providing the infrastructure for AI applications headquartered in San Francisco, recently announced it had raised $325 million in a Series E funding round co-led by Dragoneer, Greenoaks Capital and Tiger Global. The company has raised more than $600 million since 2016 and is now valued at $7.3 billion.
The company also announced a partnership with Flexport, a leading global trade platform, to simplify logistics paperwork processing through machine learning and AI.
Freightwaves...
https://www.freightwaves.com/news/scale-ai-raises-325m-valued-at-73b