Connect with us

News

Freightwalla launches AI-Powered Cargo Tracker to help MSME Exporters and Importers

Published

on

NEW DELHI: India’s leading digital freight forwarder Freightwalla has launched a free supply chain automation platform, an intelligent shipment tracking service for MSME businesses. An advanced predictive analytics system will help exporters/importers to combat risk associated with shipment delays and improve supply chain efficiency free of cost.

The intelligent cargo navigation service backed by the latest ML algorithm will be available to all shippers, including local and global exporters and allied parties. Businesses can avail of the service at zero cost for tracking up to 20 containers per month.

According to the Maritime Executive, on average, “Four out of every ten containers (39 per cent) missed their scheduled sailing. At the same time, some significant carriers and ports reported rollover rates of over 50 per cent.” Whereas according to Sea-Intelligence’s Global Liner Performance (GLP) report, “Global shipping line schedule reliability has dropped to 34.9% in January 2021, the lowest in history.”

Today, shippers deal with multiple uncertainties like space constraints, equipment shortage, congestion at origin/destination ports, higher freight rates, and shipment delays. Furthermore, limited visibility into the movement of goods has also made tracking the shipment cumbersome and time-consuming. This has necessitated managers and cargo owners to consolidate data from multiple sources through process-intensive tasks such as phone calls, browsing websites and e-mail communications. Without real-time insights on cargo movement, handling these challenges is extremely difficult and negatively impacts the entire business.

Armed with a host of advanced tech features, the tracking service aims to resolve the challenges logistics managers face in the wake of the current global crisis in the EXIM industry. The tracking system records multiple data points over the complete shipment journey. The platform will employ ML (Machine Learning) algorithms capable of predicting shipment delays based on satellite tracking, port congestion, and other signals. It will thus offer access to predictive analytics to combat risks related to shipment schedules based on historical distribution.

Besides offering real-time tracking and ETA through a single dashboard, the tracker will also provide additional services such as carrier performance evaluation, predictive analytics to combat risks, and carrier schedule plan to optimize the supply chain. The service will be available to not only the cargo owners booking shipments through Freightwalla, but also the exporters/importers who wish to avail an intelligent tracking tool to plan and execute shipments effectively, regardless of the service provider they choose to work with.

Commenting on the development, Mr. Sanjay Bhatia, Co-founder & CEO, Freightwalla, said, “The pandemic has completely changed the dynamics of world trade whereby the need for real-time tracking and intelligent post-shipment solutions have become even more crucial. Tracking as a Service is a new-age disruptive technology that will enable smart tracking and offer advanced predictive analytics, thus empowering exporters to undertake intelligent and informed decisions. It is now more critical than ever to be able to pre-empt logistics challenges so that the buyer-supplier relationship is not hindered by the uncertainties of today’s shipping industry. Enhanced visibility and real-time intelligence will help drive transparency and sustainability across supply chains, thereby paving the way for healthy business ties.”

Freightwalla has partnered with 60+ shipping lines to enable exporters and importers to track containers across multiple carriers seamlessly from a single platform. The service will offer a unified and real-time view of all shipments, including transshipment carrier tracking for advanced supply chain planning and eliminate manual tracking. Besides, the platform will capture several data points such as shipment departure, arrival time, and ports visited.

The digital freight forwarder aims to bring transparency and visibility in the shipping and logistics sector, modernize the operations across the supply chain and contribute to the government’s Ease of Doing Business in India.

Continue Reading
Advertisement
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

News

After OLED, its Google TV; Panasonic expands its TV Portfolio in India

Published

on

NEW DELHI: Panasonic Life Solutions India – a diversified technology company, today announced the launch of its new range of Google TVs. This follows the successful launch of OLEDs recently. The company plans to introduce a total of 23 new models of television powered by the Google TV platform.

The latest range of Google TVs, featuring 4K HDR and Smart capabilities are designed to provide an immersive and unparalleled viewing experience to consumers. Panasonic’s new range of TVs are available in different display size options (including 32’, 43’, 55’, 65’, and 75’ inches) and ranges between Rs 19,990 to Rs 3,19,990. These will be available at Panasonic stores, dealer networks and key e-commerce platforms.

Commenting during the launch, Fumiyasu Fujimori, Managing Director, Panasonic Marketing India, Panasonic Life Solutions India, said, “As a leading consumer technology company, we are excited to introduce our new range of Google TVs to the Indian market. Our TVs are designed to deliver exceptional picture quality and immersive sound, providing customers with an unparalleled viewing experience. The addition of Google TV to our robust TV portfolio reinforces our commitment to providing the latest technology, and innovation to the customers.”

Fujimori san added, “With an intuitive interface, preference prompts, one can control their TV and search for content using voice commands with Google Assistant. The platform also allows users to customize their home screen with their favourite OTT apps and channels and make their own watchlist, enabling them to add shows and movies from their TV, mobile app or Google Web by simply clicking the watchlist icon. Moreover, the platform offers an easy-to-browse streaming experience across all apps, displaying everything the user stream on one screen. In addition, the TVs come with built-in Chromecast, allowing users to cast content from their phone or tablet directly to their TV.”

Panasonic’s Google TV series is designed to provide customers with the ultimate entertainment experience by enhancing the four key elements of television – Display, Sound, Connectivity, and Design.

Continue Reading

News

White House meets Microsoft, Google CEOs on AI dangers

Published

on

The White House is hosting CEOs of top artificial intelligence companies, including Alphabet Inc’s Google and Microsoft, on Thursday to discuss risks and safeguards as the technology catches the attention of governments and lawmakers globally. Generative artificial intelligence has become a buzzword this year, with apps such as ChatGPT capturing the public’s fancy, sparking a rush among companies to launch similar products they believe will change the nature of work.

Millions of users have begun testing such tools, which supporters say can make medical diagnoses, write screenplays, create legal briefs and debug software, leading to growing concern about how the technology could lead to privacy violations, skew employment decisions, and power scams and misinformation campaigns. President Joe Biden has also used ChatGPT, a White House official told Reuters. “He’s been extensively briefed on ChatGPT and (has) experimented with it,” said the official, who asked that they not be named.

Thursday’s two-hour meeting which began at 11:45 am ET (1545 GMT), will include Google’s Sundar Pichai, Microsoft Corp’s Satya Nadella, OpenAI’s Sam Altman and Anthropic’s Dario Amodei, along with Vice President Kamala Harris and administration officials including Biden’s Chief of Staff Jeff Zients, National Security Adviser Jake Sullivan, Director of the National Economic Council Lael Brainard and Secretary of Commerce Gina Raimondo. “We aim to have a frank discussion about the risks we see in current and near-term AI development,” said a senior administration official, speaking on condition of anonymity. “Our North Star here is this idea that if we’re going to seize these benefits, we have to start by managing the risks.”

Ahead of the meeting, OpenAI’s Altman told reporters the White House wants to “get it right.” “It’s good to try to get ahead of this,” he said when asked if the White House was moving quickly enough on AI regulation. “It’s definitely going to be a challenge, but it’s one I’m sure we can handle.”

The administration also announced a $140 million investment from the National Science Foundation to launch seven new AI research institutes and said the White House’s Office of Management and Budget would release policy guidance on the use of AI by the federal government. Leading AI developers, including Anthropic, Google, Hugging Face, NVIDIA Corp, OpenAI, and Stability AI, will participate in a public evaluation of their AI systems.

Shortly after Biden announced his reelection bid, the Republican National Committee produced a video featuring a dystopian future during a second Biden term, which was built entirely with AI imagery. Such political ads are expected to become more common as AI technology proliferates.

United States regulators have fallen short of the tough approach European governments have taken on tech regulation and in crafting strong rules on deepfakes and misinformation. “We don’t see this as a race,” the senior official said, adding that the administration is working closely with the U.S.-EU Trade & Technology Council on the issue.

In February, Biden signed an executive order directing federal agencies to eliminate bias in their AI use. The Biden administration has also released an AI Bill of Rights and a risk management framework. Last week, the Federal Trade Commission and the Department of Justice’s Civil Rights Division also said they would use their legal authorities to fight AI-related harm. Tech giants have vowed many times to combat propaganda around elections, fake news about the COVID-19 vaccines, pornography and child exploitation, and hateful messaging targeting ethnic groups.

But they have been unsuccessful, research and news events show. Just about one in five fake news articles in English on six major social media platforms were tagged as misleading or removed, a recent study by activist NGO Avaaz found.

Source: Reuters

 

Continue Reading

5g

Airtel announces its largest ever 5G roll-out in 125 cities

Published

on

NEW DELHI: Bharti Airtel, India’s telecommunications services provider, today announced the launch of its ultra-fast 5G services in 125 cities. Airtel 5G Plus service is now available to customers in over 265 cities in the country.

Airtel 5G Plus has three compelling advantages for customers. First, it runs on a technology that has the widest acceptance in the world with the most developed ecosystem. This ensures that all 5G smartphones in India seamlessly work on the Airtel network. Second, the company promises to deliver the best experience – between 20 to 30 times higher speeds than today coupled with brilliant voice experience and super-fast call connect. Finally, Airtel 5G Plus network will also be kinder to the environment with its special power reduction solution. Powered by the reliable Airtel network infrastructure, Airtel 5G Plus will provide superfast access to High-Definition video streaming, gaming, multiple chatting, instant uploading of photos et all.

Commenting on the launch, Randeep Sekhon, CTO, Bharti Airtel said, “5G has revolutionized the world of internet, ushering new era of connectivity and communications that will prove to be a game-changer for the country. At Airtel, we remain committed to delivering the highest quality of network and service to our customers as we roll-out 125 more cities today. Airtel was the first in the country to offer 5G services in October 2022, and today’s mega launch is our promise to connect every Airtel customer in the country with ultra-fast Airtel 5G Plus. Our 5G rollout is on track to cover all towns and key rural areas by March 2024.”

Airtel 5G Plus service availability will continue to rapidly expand – including service in all towns and villages in the country soon – as the company is working towards offering nationwide coverage. Airtel is now offering its 5G services in every major city from the upper northern city of Jammu to the southern tip of Kanyakumari.

In the last one year, Airtel has demonstrated the power of 5G with a host of powerful use cases that will change the way customers lead their lives and do business. From India’s first live 5G network in Hyderabad to India’s first private 5G network at the BOSCH facility in Bengaluru to partnering with Mahindra & Mahindra to make its Chakan manufacturing facility, India’s first 5G enabled auto manufacturing unit, Airtel has been at the forefront of 5G innovation.

Continue Reading

Trending