60 Seconds: Established Freight Brokers Adapt to Evolving AI Technology
As much news has been made about new “tech-first” players entering the digital space of #freight brokering, efforts from established and newer enterprises to develop robust digital tools are being shaped by market demands and technological innovations, including artificial intelligence, particularly generative AI, experts said.
September 25, 2024Generative AI Driving Freight Brokerage Transformation
Efforts from established and newer enterprises to develop robust digital tools are being shaped by market demands and technological innovations.
C.H. Robinson Profit Jumps on Higher Seaborne Prices
C.H. Robinson Worldwide profit in Q2 jumped 29.7% year over year as a result of higher seaborne services pricing, a bigger margin on truckload and LTL shipments and a decrease in head count.
C.H. Robinson Launches AI-Leveraged Load-Matching Platform
C.H. Robinson Worldwide Inc. launched a new load-matching platform aimed at helping carriers improve efficiency, the company announced July 18.
C.H. Robinson COO Arun Rajan Becomes CSIO
In an atypical move, C.H. Robinson’s chief operating officer — its No. 2 — is becoming its chief strategy and innovation officer.
C.H. Robinson Names Damon Lee as Chief Financial Officer
C.H. Robinson Worldwide announced the appointment of Damon Lee as its new chief financial officer June 6.
C.H. Robinson Automates Email Responses With AI
C.H. Robinson says it has launched an artificial intelligence platform that automates responses to email requests from shippers seeking answers to commonplace inquiries.
C.H. Robinson Reports Lower Revenue, Net Income for Q1
C.H. Robinson Worldwide experienced a year-over-year decline in revenue and earnings during the first quarter of 2024, the company reported May 1.
C.H. Robinson Announces Electronic Bill of Lading for LTLs
C.H. Robinson is implementing an electronic bill of lading process for its largest less-than-truckload carriers, a move in its continued efforts to digitize documents, the company announced Jan. 22.
C.H. Robinson’s CEO Sees Freight Rebound in Second Half of 2024
C.H. Robinson Worldwide expects the freight recession will linger into next year, but sees a recovery taking hold in the second half of 2024.