The world is changing. Technology is a huge part of our lives, and with each and every day that passes, we find ourselves immersed deeper in new technologies and innovative processes and the logistics industry knows this better than most. The hot topic in the industry currently is Artificial Intelligence and whether or not it can have a positive effect on the industry in the future. Here, we’re exploring just what artificial intelligence could do for freight forwarding and logistics.
The failure of mechanics and technology are some of the biggest causes for delayed shipments, and is one of the biggest and most expensive issues that shipping companies can face. Artificial Intelligence could provide a much needed solution that will not only save companies and clients’ money, but valuable time too. IoT sensors could help managers assess and evaluate the condition of their trucks and other mechanical workings. With advanced machine learning algorithms, they could find out that a vehicle is in need of repair long before the issue begins to show itself.
This technology will prevent breakdowns, increase safety and allow proactive as opposed to reactive repairs and improvements.
Better Distribution Management
With large fleets of trucks or other forms of transport, freight and logistics companies may find it difficult to manage and keep track of each and every one without fault. Countless variables can have an effect on the fleet, from weather conditions to road closures, but machine learning algorithms could very well provide much easier management to ensure that deliveries are still completed with minimal fuss regardless.
A collection of algorithms currently in production and testing could very well improve the process around choosing alternative ports or routes. Accurate times of arrival, the likelihood of cancelled bookings and much more could be predicted, giving customers and freighting companies alike a much better insight into how the journey will go, and when the delivery will arrive at its destination.
Preparing For The Future
The future is coming, and it’s coming fast, and companies across the globe need to adjust quickly. While artificial intelligence may not be commercially available on a huge scale for another few years or so, machine learning is already being tested and used by companies across the world, and others are fighting to keep up. With cutting edge technology being rolled out and plenty more in production, it may only be a matter of time before the logistics industry becomes artificially intelligent and whether or not it’ll improve the industry has yet to be seen.
What do you think about artificial intelligence in shipping? Here at Barrington Freight, we do our best to ensure our customers are satisfied with their shipment speed and efficiency, so we’re all too eager to find out exactly what the future could hold for our company, and for the industry.
If you’re looking for a freight forwarder for your shipment or would like some more information about the services we can provide, why not get in touch with us here today?