Tag Archives: Shippers

(Bloomberg) — Supply Lines is a daily newsletter that tracks trade and supply chains disrupted by the pandemic. Sign up here. The global shipping industry is getting its biggest payday since 2008 as the combination of booming demand for goods and a global supply chain that’s collapsing under the weight of Covid-19 drives freight prices ever higher. Whether its giant container ships stacked high with of 40-foot steel boxes, bulk carriers whose cavernous holds house thousands of tons of coal,… Source link

J.B. Hunt Transport Services Inc., competing against digital upstarts in its freight-matching segment, is turning to Google’s AI to better pair shippers with carriers. The trucking and logistics company will work with Google to develop machine-learning models to make better matches between shippers and carriers using its J.B. Hunt 360 platform, aiming to help shippers see supply and demand needs days into the future and carriers to estimate future fuel and… Source link