AI and the personal nature of freight forwarding
“Our approach is to use AI to automate the more routine, lower-value tasks, allowing freight forwarders and customs brokers to concentrate on nurturing and enhancing these crucial relationships,” says James Coombes, CEO and co-founder of Raft. He spoke about the role of AI in... more
Project 44 hires chief product officer
Project 44, a global supply chain visibility platform, has added AJ Wilhoit as chief product officer to its leadership team. An industry expert with more than two decades of experience in supply chain technology, Wilhoit has overseen the development of numerous innovations.... more
Free access to Shipnext platform for ICS students
The Institute of Chartered Shipbrokers (ICS) and Shipnext, a digital SaaS platform, have partnered to enhance education in the shipping industry for its students. Shipnext provides a range of digital solutions, including instant data processing, freight-matching,... more
Spot rates continue to fall
The latest Upply x Ti x IRU European road freight rates index for Europe shows that the spot rates index dropped further below the contract rates index in Q3/2023. The spot index fell for the fourth consecutive quarter, while the contract spot index climbed for the first time... more
Australia Post takes off with new A330 freighter
Australia Post has added a new freighter to its fleet, providing critical capacity and flexibility to support growing e-commerce demands during the busy peak Christmas period. Operated in partnership with Qantas Freight, the newly converted A330-200P2F aircraft doubles the... more
US intermodal offer extended
In the USA the haulier J.B. Hunt and the class I railway BNSF have launched their new 'Quanton' solution, to transport service-sensitive highway freight using rail and offering customised solutions. The 'Quantum' team is made up of J.B. Hunt and BNSF operators housed... more
ATSG: Joe Hete back in action
The board of directors of Air Transport Services Group, a specialist for medium wide-body freighter aircraft leasing, air operations, and support services, has re-appointed Joe Hete, currently chairman of the board and a former longtime chief executive officer, as ATSG’s CEO,... more
Record highs for ICTSI earnings
International Container Terminal Services Inc (ICTSI) has reported a 4% increase in net income to USD 484.5 million for the first nine months of 2023, with ebitda and net income reaching record highs. The company saw a 7% growth in throughput and revenues. Despite the... more
A new head for logistics and distribution
Felipe Morgulis has been promoted to president of UPS Healthcare and Bomi Group's logistics and distribution business for Europe and Latin America (Latam). Morgulis will operate out of Italy as part of the UPS Healthcare leadership team. He will report directly to John Bolla,... more