Logistics startup Raft, formerly known as Vector.ai, completed its series B funding round on 11 July, raising $30 million in investment, which the company has earmarked for R&D. Founded in 2017, the company helps key players in the logistics industry apply AI or artificial intelligence to their daily tasks and customer interactions. Its intelligent logistics platform helps automate the execution of over 300,000 shipments each month Raft said the fresh capital infusion will be used to … [Read more...] about AI-first Raft earmarks US$30m funding for R&D
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What are air cargo community systems? – Part 1
Airports and ports, with some still stuck behind legacy systems, can be prone to unwanted downtime and outages that can have severe economic damages for operators. In a highly fragmented setup, logistics and transport service providers need a secure way to communicate and monitor shipments to operate with better efficiency. It also needs to be sustainable. In a 2-part series, Payload Asia talks to Geert van Brempt and Amar More, bosses at Nallian and Kale Logistics Solutions, to find out how air … [Read more...] about What are air cargo community systems? – Part 1
Awery lands Cargo iQ prize at IATA Hackathon
Awery Aviation Software was awarded the Cargo iQ Prize at IATA’s ONE Record Hackathon 2023 for its door-to-door airfreight planning and real-time update solution for Cargo iQ members, CargoTracking.aero. Entrants were challenged to develop a solution to support planning and updating cargo tracking events when performed by non-Cargo iQ third parties, such as trucking companies, which are currently not able to share status updates with members. Awery’s prototype solution facilitates … [Read more...] about Awery lands Cargo iQ prize at IATA Hackathon
ANC to get digital uplift with NorthLink and Kale
Kale Logistics Solutions has signed a memorandum of understanding with NorthLink Aviation to build the next generation of digital cargo infrastructure at its express freight and e-commerce terminal at Ted Stevens Anchorage International Airport (ANC). NorthLink’s objective is to grow Anchorage as a logistics hub for cross-border e-commerce by maximizing the airport’s strategic location and combining infrastructure, technology, and service to increase profits for its customers. The two … [Read more...] about ANC to get digital uplift with NorthLink and Kale
VINCI Airports taps Kale to boost cargo ops
Kale Logistics Solutions has been chosen by airport operator VINCI Airports to digitise handling operations at several airport cargo stations in Europe, Asia, and the Americas. Kale will implement its flagship solution, the airport cargo handling management system GALAXY, across different airports in phases. The solution is designed as a state-of-the-art, automation-driven and business-centric model to modernise import, export and transit operations. It is used by more than a hundred airport … [Read more...] about VINCI Airports taps Kale to boost cargo ops
CargoAi’s new feature to drive ‘paperless’ transition
CargoAi has launched a new feature to support its freight forwarder users towards paperless transition, which could potentially improve efficiencies in the procurement process. The company has rolled out an FWB/FHL feature on CargoMART that will allow users to send all information required for ISC2, to comply with the new European customs standards. The feature is available for airlines on the air cargo booking marketplace, such as Qatar Airways Cargo, Lufthansa Cargo, Turkish Airways, and 80 … [Read more...] about CargoAi’s new feature to drive ‘paperless’ transition
