Skip to content
Search AI Powered

Latest Stories

AIT Worldwide launches internal AI & data science team

New division will support adoption of technologies such as generative AI, natural language processing, machine learning, and large language models.

AIT-news-preview-AI-data-science-team.jpeg

The freight forwarder AIT Worldwide Logistics has launched an artificial intelligence (AI) and data science team, calling it a corporate-level department created to amplify the organization’s investment in data.

The group will set the stage for the company’s future implementation of next-generation AI tools, and will be led by AIT’s Patrick Chew, who has been appointed to vice president, AI and data science, the Itasca, Illinois-based company said. “With the establishment of the AI and data science team, the company is prepared to capitalize on generative AI, natural language processing, machine learning, large language models, and other advancing technologies,” AIT Chairman and CEO Vaughn Moore said in a release.


The AI and data science group comprises three teams:

  • Data enablement – leading a disciplined, firmwide process to reorganize existing data strongholds into next-gen-compatible assets that will build new levels of trust with stakeholders through increased efficiency and ever-improving solutions
  • AI governance and data science – developing new AI business features with an emphasis on heightened accuracy and privacy protections for customers and teammates as the technology continues to mature and evolve 
  • Business intelligence and analytics – providing dedicated, centralized reporting and visualization needs across the organization

According to Chew, the new group is implementing a regimented approach to transform data across AIT’s global network, including steps to redefine core domains and enhance time-tested workflows. Data management based on a newly configured single version of truth will be well-positioned to support powerful new key performance indicators.

“Treating data as an asset involves rigorous efforts to reorganize and harness millions of inputs, which will be applied in meaningful ways to enhance business intelligence, boost efficiency and spur innovation,” Chew said.

The move comes six months after AIT made what it calls its “most significant acquisition to date,” buying the European-based marine spare parts logistics specialist Global Transport Solutions Group.


 

 

 

 

 

Recent

More Stories

truck driver using dashboard technology

Platform Science buys telematics business units from Trimble

The venture-backed fleet telematics technology provider Platform Science will acquire a suite of “global transportation telematics business units” from supply chain technology provider Trimble Inc., the firms said Sunday.

Trimble's other core transportation business units — Enterprise, Maps, Vusion and Transporeon — are not included in the proposed transaction and will remain part of Trimble's Transportation & Logistics segment, with a continued focus on priority growth areas following completion of the proposed transaction.

Keep ReadingShow less

Featured

e-commerce order fulfillment platform software

U.S. shoppers embrace second-hand shopping

Nearly one-third of American consumers have increased their secondhand purchases in the past year, revealing a jump in “recommerce” according to a buyer survey from ShipStation, a provider of web-based shipping and order fulfillment solutions.

The number comes from a survey of 500 U.S. consumers showing that nearly one in four (23%) Americans lack confidence in making purchases over $200 in the next six months. Due to economic uncertainty, savvy shoppers are looking for ways to save money without sacrificing quality or style, the research found.

Keep ReadingShow less
Earth globe with location pins

CMA CGM offers awards for top startups

Some of the the most promising startup firms in maritime transport, logistics, and media will soon be named in an international competition launched today by maritime freight carrier CMA CGM.

Entrepreneurs worldwide in those three sectors have until October 15 to apply via CMA CGM’s ZEBOX website. Winners will receive funding, media exposure through CMA Media, tailored support, and collaboration opportunities with the CMA CGM Group on strategic projects.

Keep ReadingShow less
Hurricane Francine threatens supply chains

Hurricane Francine threatens supply chains

Businesses were preparing to deal with the effects of the latest major storm of the 2024 hurricane season as Francine barreled toward the Gulf Coast Wednesday.

Louisiana was experiencing heavy rain and wind gusts at midday as the storm moved northeast through the Gulf and was expected to pick up speed. The state will bear the brunt of Francine’s wind, rain, and storm damage, according to forecasters at weather service provider AccuWeather.

Keep ReadingShow less
aug24-lmi_orig.png

Logistics economy expanded in August

Economic activity in the logistics industry expanded in August, though growth slowed slightly from July, according to the most recent Logistics Manager’s Index report (LMI), released this week.

Keep ReadingShow less