Flexport CEO says AI poised for big things in global supply chain

ATLANTA — Flexport CEO Ryan Petersen predicts that freight logistics will see a lot more AI usage, from ocean freight contract writing to other parts of the supply chain that currently involve manual input. “In five years we will be talking about what AI has done, which is take stuff we thought wasn’t going to…

FreightWaves honors 2024 Shipper of Choice award winners at FOSC

FreightWaves, in partnership with TriumphPay, announced the recipients of the prestigious 2024 Shipper of Choice awards during Future of Supply Chain in Atlanta on Wednesday.  This award series pays tribute to 25 exceptional manufacturers, distributors and retailers who have consistently demonstrated unwavering commitment to fostering robust, collaborative partnerships with their logistics counterparts. The winners, nominated…

Seko Logistics takes CBP to court over e-commerce enforcement

Seko Logistics is punching back against U.S. Customs and Border Protection for temporarily suspending certain import privileges, demanding in a court filing that the agency provide reasons for the enforcement move as Seko tries to minimize any reputational harm that could hurt business. The Schaumberg, Illinois-based logistics provider said Monday night that it has filed…

Forward Air shareholders OK conversion of Omni’s shares to voting stock

Forward Air’s shareholders have approved the conversion of nonvoting preferred shares that were granted to Omni Logistics’ stakeholders as part of a merger between the two companies. That shareholder group, which mainly consists of Omni’s private equity backers, will now hold roughly 14 million shares, or 35% of the voting common equity. A Tuesday filing…

Future of Supply Chain Live in Atlanta Day 1 | WHAT THE TRUCK?!?

On episode 720 of WHAT THE TRUCK?!? Dooner is coming to you live from FreightWaves’ Future of Supply Chain in Atlanta. We’re getting into the tech, people, and solutions that will drive the fate of the industry. With special guests Samantha Foley, Chief Growth Officer at Turvo; Abby Hafenbredl, Account Development Manager at Lean Solutions…