Raft announced that Navia, an integrated global freight and logistics company, has successfully rolled out its AI-automated logistics finance capability to process high volumes of AP invoices. Every month, Navia finance teams receive thousands of invoices from the partners they work with to keep their customer’s freight moving. With Raft, AI now handles the bulk of that processing, including not just document processing and data extraction, but also validation against existing data. This … [Read more...] about Navia Freight deploys Raft AI, streaming operations, and delivers a new class of performance insights
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IT
SITA reports record results as it pursues a strategy of fast growth and expansion
SITA, the global leader in technology solutions for the air transport industry, has announced record results for 2023 as revenues reached almost US$ 1.5 billion. This represents a rise of 7% on the prior year, with all signs so far in 2024 indicating similar positive performance this year. Unveiling the results at SITA’s Annual General Assembly in June, SITA CEO David Lavorel also cited growth in margin and EBITDA, which exceeded plans by 4%. “Every one of our customers and members benefits … [Read more...] about SITA reports record results as it pursues a strategy of fast growth and expansion
Caribbean Airlines Cargo to further drive efficiency and growth by adopting CHAMP’s CargoSpot Mobile and Cargospot Quotes
CHAMP Cargosystems and Caribbean Airlines Cargo have signed multi-year contracts that will see the airline’s cargo division receive both Cargospot Mobile and Cargospot Quotes. The expanded partnership will equip the airline's cargo division with an even more comprehensive CHAMP Cargosystems toolkit, solidifying Caribbean Airlines Cargo's position as a regional leader in digital innovation, sustainability and operational efficiency. Caribbean Airlines Cargo, a trailblazer in … [Read more...] about Caribbean Airlines Cargo to further drive efficiency and growth by adopting CHAMP’s CargoSpot Mobile and Cargospot Quotes
Air India selects IBS Software’s iCargo platform to underpin major expansion in air cargo operations
Air India, India’s leading global airline, has selected IBS Software, a worldwide leader in SaaS solutions for the travel industry to digitally transform its expanding air cargo operations. Air India has chosen IBS Software’s iCargo solution to support its growth plan and commitment to the airline’s ongoing digital transformation. IBS Software’s fully integrated iCargo solution will enable Air India to digitise end-to-end cargo management, allowing seamless integration of various cargo … [Read more...] about Air India selects IBS Software’s iCargo platform to underpin major expansion in air cargo operations
CHAMP Cargosystems selected by CMA CGM AIR CARGO to fulfil its expansion plans
CHAMP Cargosystems has signed a multi-year agreement with CMA CGM AIR CARGO, a division of CMA CGM Group, a global player in sea, land, air, and logistics solutions, for a range of services. This move is part of the airline’s expansion and growth strategy, which is enabled by CHAMP’s open and interconnected software solutions. Both CHAMP and CMA CGM AIR CARGO invested extraordinary effort to successfully deliver systems in a matter of weeks. The range of CHAMP services selected by CMA CGM AIR … [Read more...] about CHAMP Cargosystems selected by CMA CGM AIR CARGO to fulfil its expansion plans
SITA democratises access to airline flight operations managed services with ASISTIM acquisition
SITA, the leading technology provider for the air transport industry, has just taken the big step of moving into the operations as-a-service market with the acquisition of ASISTIM, a company renowned for its airline flight operations services. This move illustrates SITA’s never-ending search for new ways to help airlines handle challenges and stay ahead, making air travel better for everyone. This deal boosts SITA’s role as a top partner for ambitious airlines, offering them comprehensive … [Read more...] about SITA democratises access to airline flight operations managed services with ASISTIM acquisition
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