Plus: The DOT Secretary's announcement, a new FMCSA broker transparency proposal, surging Walmart sales, and more.
During a TIA-hosted media call, new TIA President and CEO Chris Burroughs unpacked what these changes could mean for brokers, carriers, and the broader supply chain.
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Generative AI could drastically transform supply chains, enabling demand forecasting, route optimization, and potentially reducing human roles. Companies like Maersk are increasingly integrating AI into their operations.
Generative AI is set to revolutionize supply chains by predicting disruptions, optimizing routes, and even eliminating human involvement in various tasks, according to industry insiders. However, the transition, while creating new types of jobs, will also lead to losses in traditional roles. Notably, AI is expected to become integral in the operations of companies like shipping giant Maersk, which plans to use it for various functions, including predicting cargo arrival for improved scheduling and providing recommendations during shipping route congestions.
Source: CNBC
Can AI really "remove all human touchpoints in the supply chain including ‘back office’ tasks," as Morgan Stanley's Ravi Shanker predicts?#logistics #supplychain #AIhttps://t.co/dD7wud5hEQ
— Benjamin Gordon 🇺🇦🚚✈️ (@benjaminhgordon) June 19, 2023
Thilo Huellmann and his team traveled 2,500+ miles, visiting key freight markets like Grand Rapids, Cincinnati, and Houston to discuss AI and automation with freight brokers. Here’s what they learned.
In an uncertain economy, transportation and logistics businesses reduce costs with Stealth Monitoring's live video monitoring, combining AI, machine learning, and human intelligence for proactive security solutions.
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FleetWorks' AI negotiates freight rates in real-time. What's your reaction?
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