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Auto-Rating: Still Cutting-Edge or Yesterday's News? The World Economic Forum recently highlighted the prominence of #TradeTech in global trade, aligning it with the pivotal role that #FinTech has played in financial markets. As global trade becomes more complex, businesses are grappling with significant challenges, particularly in pricing and cost management. While ideas like auto-rating and auto-costing aren't new, they seem well-suited to help navigate the fast-paced changes we're seeing in today's trade environment. With ocean markets on the brink of disruption and rapid changes in major trade lanes, there's a pressing need for accurate and efficient tools to navigate these waters. But what's the solution? Think integration. Imagine all users on a single real-time system, and a seamless integration between Sales, Pricing, and Operations, ensuring rapid action on negotiations from around the globe. Taking cues from #FinTech, the challenges for Global Trade are immense. As human processes falter under overwhelming transaction volumes and swift changes, TradeTech shines as the beacon for progress. Offering not just strategic but commercial advantages, it ensures operators stay aligned with market shifts and assures companies of expansion opportunities with commercial gains. The solution? Early adopters of TradeTech will reap strategic rewards. At Trade Tech Inc., we're dedicated to harnessing these innovations, working alongside BCOs, carriers, and forwarders. Our auto-rating and auto-costing solution will be both a strategic advantage ensuring that their operators are always in sync with the market changes and a commercial advantage as carriers and NVOCCs/Forwarders demonstrate to their customers their ability to administer a roiling market with consistent and predictable outcomes. Dive deeper into how Trade Tech Inc. is reshaping the trade landscape and how we can help your business not just adapt, but shape the future.   #GlobalTrade #Innovation #TradeTech #Integration Trade Tech Inc.World Economic Forum Bryn Heimbeck Thomas Lloyd Ken Ortloff https://lnkd.in/d9irwC5T

The supply chain's "New Normal'' requires a data-centric strategy. Terminal49's software transforms challenges into opportunities, offering real-time visibility and collaboration. Stay ahead in the evolving landscape. #SupplyChain #Terminal49 https://hubs.li/Q023QF2d0

Get the latest shipping news: EY points towards GenAI adoption hurdles in supply chain management, Red Sea disruption increases shipping emissions risk, and more. Read our Weekly Shipping & Logistics News Wrap to get essential industry insights. Dive into the key updates at https://lnkd.in/gSH3UH4i PRASANTH EDASSARI | Alessandra Ronco | Ardavan Bayat | Toby Edwards | Martin Kaalund

To reduce the concept of "Supply Chain" to merely the transfer of vegetables, fruits, or essential goods would be a significant misunderstanding for the entire transportation industry. If you're curious about what's happening in the supply chain and how technology is changing things, I recommend following this blog. Thank you Daniel, Raj, Matt, and the entire operator stack team for this initiative!

See below what CSA predicts to be the five key factors that will shape supply chain in 2024: #supplychain #supplychainmanagement #broker #brokerage #logistics #freight #freightforwarder #freightforwarding #trucking #truckingindustry #trucker

The growing world of new artificial intelligence capabilities has made its way to freight and logistics, and it’s poised to begin altering how the industry works. So, what does that mean for your business? Brokers can learn more here: https://bit.ly/3SzzOhK #Brokers #AIinFreight #FreightBrokerage

Follow & Visit Us https://bit.ly/3xLpetG Revolutionizing Global Cargo Tracking: The Tech Approach by a Charleston Startup The upheaval caused by COVID-19 drew attention to the vulnerabilities within the global supply chain due to numerous disruptions, highlighting the dire need for improved visibility in overseas shipments. This pivotal moment signaled a turning point for the logistics future, emphasizing the necessity for new tools and technologies to avert similar challenges. Enter Gnosis Freight. https://lnkd.in/eXufSJ8V #GlobalCargoTracking #LogisticsTech #SupplyChainSolutions #TechInnovation #CharlestonStartup

Transfix's recent transition to a software provider with a focus on AI-driven solutions for the transportation industry aligns closely with the innovations being developed by Loop.com. Both companies are leveraging artificial intelligence to enhance efficiency and reduce costs within Transportation Management Systems (TMS). This shift reflects a broader trend in the freight tech space towards unbundling traditional TMS in favour of more dynamic, AI-enhanced components that can be integrated into existing systems. Similarly, Loop is focused on revolutionizing TMS by streamlining processes such as invoice automation and cost visibility, significantly reducing the friction of freight payables through its logistics-AI platform. This emphasis on automation and efficiency mirrors Transfix's goals of creating bespoke efficiencies within freight management operations. https://lnkd.in/eFDanbYZ

Bright lights. Big ideas. Unisys’ Jefferson Smullin and Boris Maltha share their key takeaways from #Manifest 2024. What has freight forwarders buzzing this year? http://spr.ly/6047XYEf5 #supplychain #freightforwarding

The evolving landscape demands a proactive stance on compliance, environmental concerns, and ethical sourcing. Terminal49's software provides a game-changing solution, ensuring visibility at every stage of a container's journey. Stay ahead, prevent delays, and focus on strategic business decisions. Unleash the potential of your supply chain with Terminal49. #DataInnovation #SupplyChainVisibility #Terminal49 https://hubs.li/Q023QJC80