CMA CGM embarks on strategic partnership with Google to deploy AI across all shipping, logistics & media activities
PRESS RELEASE Jul 18, 2024, 02:30 ET – An unprecedented partnership aimed at boosting shipping and logistics ...
WMT: LEAST SHORTED STOCK KNIN: EARNINGS NEXTDHL: ENVISION DEALDHL: NEW CHINESE PARTNERFDX: GLOBAL IT OUTAGE IMPACT FELTUPS: GLOBAL IT OUTAGE IMPACT FELTJBHT: PAYOUT UNCHANGED ODFL: STEADY LOW YIELDMAERSK: BACK TO PRE-RED SEA CRISIS LEVELSDSV: SURGINGHLAG: FUEL FOR THOUGHTF: ELECTRIC AVENUES TSLA: ELECTRIC AVENUES FDX: DUTCH DEBUT
WMT: LEAST SHORTED STOCK KNIN: EARNINGS NEXTDHL: ENVISION DEALDHL: NEW CHINESE PARTNERFDX: GLOBAL IT OUTAGE IMPACT FELTUPS: GLOBAL IT OUTAGE IMPACT FELTJBHT: PAYOUT UNCHANGED ODFL: STEADY LOW YIELDMAERSK: BACK TO PRE-RED SEA CRISIS LEVELSDSV: SURGINGHLAG: FUEL FOR THOUGHTF: ELECTRIC AVENUES TSLA: ELECTRIC AVENUES FDX: DUTCH DEBUT
SUPPLY CHAIN DIVE reports:
In an inefficient, costly and yet vital piece of the supply chain, Google saw an opportunity to capitalize on the capabilities of its Maps platform and jump into last mile services.
The technology giant staked its claim in the home delivery sphere in March with the launch of two tools — Last Mile Fleet Solution and Cloud Fleet Routing API — focused on last mile execution and route planning, respectively.
Google’s foray into fleet management technology isn’t surprising to Jim Nicholson, SVP of operations at Loadsmart. He compared it to Amazon’s entry into the logistics space: a natural next step for the company’s wider ambitions. Hefty financial resources and years of Google Maps improvements should help the company with its foray into the space.
“Having a leading web mapping platform absolutely gives them a great opportunity and some advantage against the competitors,” Nicholson said…
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