AI

Annual Voices of Sourcing survey from Keelvar also finds technology use is ramping up as the workforce shrinks

Company officials explained that drop and hook services provide various benefits for shippers and carriers, providing flexible transportation solutions for the former, and enhanced efficiency and earnings potential for the latter.

A new report released this week at Modex by MHI and Deloitte finds that 55% of supply chain leaders are increasing their supply chain technology and innovation investments with 88% saying they are planning to spend over $1 million. Forty-two percent plan to spend over $10 million.

Roughly three months after it acquired the technology and intellectual property of Seattle-based digital freight network Convoy, following the closing of Convoy’s business, due to the effects of the freight recession and a slowdown in capital market activity, San Francisco-based freight forwarding and customs brokerage services provider Flexport said earlier this month that it has formally introduced the rollout of the Convoy platform to its service portfolio.

Leveraging AI in various forms, from fully autonomous to hybrid applications complementing human cognition, offers great potential for the supply chain and product ideation.

AI simulation is able to generate possible outcomes in the supply chain, going beyond what traditional AI and machine learning is currently capable of, says Cosmo Tech CEO Michel Morvan.

Logistics Management Group News Editor Jeff Berman recently spoke with Doug Waggoner, CEO of Chicago-based 3PL Echo Global Logistics. Waggoner offered up insights on various logistics and supply chain trends and themes, including: freight economic conditions, near shoring, and brokerages, among others.

Accenture survey finds 85% of companies plan to manufacture and sell most of their products in the same region in 2026.

San Francisco-based Uber Freight, a subsidiary of the ubiquitous, ride-sharing service Uber, whose proprietary app matches trucking companies with loads to haul, and a non-asset-based third-party logistics services provider, provided multiple updates on various technology-focused services and initiatives at Deliver, its annual customer conference

The ongoing emergence, as well as the potential, of AI (artificial intelligence) was a major theme of the annual Groundbreakers thought leadership forum hosted by San Francisco-based real estate investment trust company Prologis in San Diego this week.

In a deal that meshes logistics and supply chain technology with AI, Atlanta-based Logility, a leading provider of collaborative supply chain optimization and advanced retail planning solutions, said this week that it has acquired Antwerp, Belgium-based Garvis, a SaaS services provider that combines large language models (ChatGPT) with AI-native demand forecasting.

Logistics Management Group News Editor Jeff Berman recently caught up with Drew Wilkerson, CEO of Charlotte, N.C.-based RXO, the fourth-largest full truckload broker in the United States, and asset-light transportation services provider. Wilkerson provided updates and analysis on various market trends and topics, including: the state of the freight economy; the spot market; pricing; and nearshoring, among others.

The MIT professor, author and supply chain thought leader sat down with Bob Trebilcock and Abe Eshkenazi to discuss his new book and the future of supply chain management. Here are some excerpts.

FreightFriend’s software offerings include a carrier relationship management (CRM) platform, freight matching and a relationship-based marketplace, and predictive new carrier discovery.

Fictiv survey finds companies are pushing forward with new product innovation despite obstacles.