b'22TECHNOLOGY PROVIDERSajot.comTime for AI to conquerTop 50 Logistics Tech Providers offers a glimpse freight managementinto the future of the supply chaincomplexity By George Lauriat, AJOTThe AJOTs annual Top 50 Logistics Tech Pro- cable with thousands of wires enabling interconnect-By Gabriel T. Ruz Jr., Chief Innovation Officer,viders offers a glimpse into the future of the supplying activities, both physical and electronic, working Co-Founder & Board Member at Magaya chain. The list, which easily could have containedcollectively to the goal of moving product. Although two hundred Tech companies, was whittled down inautomation of cargo systems has been in play for ThenewshypeaboutAI(artificialintelli- part with the object of looking forward to a differ- many decades, the new supply chain is being built gence) and the big money investments flowing intoent supply chain than exists today. The companiesby digital duplicatesthe predominately physical the freight and logistics technology space seem tochosen were in some cases small or startups and inand often repetitive tasks (physical and electronic) indicate that the industry is making great strides inother instances well established doyens of the digi- that are made digital.adopting digitalization and using the latest forms oftal supply chain. However, much of what has happened in recent technology, such as AI.Perhapsthekeytounderstandingthedigitaldecades evolved as companies addressed problems in But, in reality, there istransformation that the supply chain is undergoingtheir own respective areas of operations. Most 3PLs, stillalotofroomleftbegins with rethinking the supply chain itself. Whilewhich are among the largest arbiters of digitaliza-toautomateprocessesthe popular conception of the supply chain is one oftion, were originally trucking, warehouse or freight and adopt cutting-edgeconnecting linkswhich plays well into the conceptbrokers, freight forwarders (see digital forwarders) technology.Thefocusthat the supply chain is only as strong as the weak- and other industry providers. Its not surprising from onAIandmachineest linkin reality it is more akin to a transatlantic(GLIMPSEcontinued on page 24)learning has been con-siderableinrecenttimes,butisitactuallybeingAJOT Top 50 Logistics Tech Providersused by the forwarding and logistics industry today?Overall, AI is a relatively untapped technology in the logistics space. We are barely skimming theCompany Headquarters Website Notessurface of whats possible when existing AI tech- City State/Countrynology is applied to logistics processes. There are1 3PL Central El Segundo CA 3plcentral.com Warehouse Management System (WMS)a few freight tech solutions using machine learning2 AutoScheduler Austin TX autoscheduler.ai WMS Acceleratorand smart algorithms for specific functions, but AI3 Awery Aviation SoftwareSharjah UAE awery.aero CargoBooking aero, Aviation Softwarein this industry is truly in its infancy, far from reach- 4 Banyan Technology Cleveland OH banyantechnology.com Supply Chain Platforming its full potential. In general, less than 3-4% of5 Bluegrace Riverview FL mybluegrace.com Managed Logisticsthe logistics industry is seeing any benefit from this technology. One of the reasons that AI is lagging is6 Blume Global Pleasanton CA blumeglobal.com Supply Chain Platformthat it requires extremely large datasets, which have7 CargoSmart San Jose CA cargosmart.com Supply Chain Portalnot historically been available in large part because8 Chain.IO Philadelphia PA chain.io Network Integration for Supply Chainof the lack of digitized and normalized data. Plus,9 DAT Beaverton OR dat.com Trucking Freight Platformit requires greater computing power, something that11 DescartesWaterlooCanada descartes.com Logistics Technology Platformhas not always been available, particularly to small12 Dispatch Track San Jose CA dispatchtrack.com Route and Schedule Plannerand midsized companies. Over the next 3-5 years,14 Doft Walnut CA doft.com Freight and Truck Matching Platformas more businesses move to the cloud and move toB-to-B platform includes INTTRA, BluJay digitize manual processes, we will see a noticeable15 E2Open Austin TX e2open.com Solutions, and Amber Roadpick-up in the development and adoption of AI solu- 16 EBE Technologies East Moline IL ebeships.com Digital Trucking Solutionstions, an exciting moment for the industry.Digital Freight Marketplace (DFM) - Freight s impliFyingC ustomsC omplexity 17 Emerge Scottsdale AZ emergemarket.com Procurement Platform18 Flexport San Francisco CA flexport.com Digital Freight ForwarderOne area of freight management where AI has19 FourKites Chicago IL fourkites.com Supply Chain Visibility Platformtremendous potential is in the processing of cross-border shipments. Customs compliance is one aspect20 Icontainers Miami FL icontainers.comOnline Freight Forwarderof the industry where massive amounts of transactions21 Info-X Gurgaon India infox.com Back Office Software/NVO specialty are processed daily. These significant volumes have22 Innovez-One Singapore Singapore innovez-one.com Digital Port Management helped accelerate the use of AI to enable businesses to23 Kale Logistics Solutions Mumbai India kalelogistics.com Airport Cargo Community Systems, Port file the massive number of customs documents much,Community Systemsmuch faster. For instance, bots can be used to scrape24 KuebixMaynard MA kuebix.com Transportation Management System (TMS) - information from a commercial invoice to auto-com- Part of Trimbleplete required CBP filings, saving time and reducing25 Loadsmart Chicago IL loadsmart.com Digital Freight Brokererrors related to manual keypunching.26 Magaya Miami FL magaya.com Digital Freight Platform27 Manhattan Associates Atlanta GA manh.com Supply Chain Platformai b ots 28 MercuryGate International Cary NC mercurygate.com TMS - Acquired Cheetah SoftwareManually loading multi-page carrier rate con- 29 Morpheus Network Burlington Canada morpheus.network Supply Chain Blockchain Softwaretractsintoaratemanagementsystemisanother30 NAVIS Oakland CA navis.com Traffic Operations System (TOS)tedious, time-consuming, and error-prone process,31 NexxiotZurich Switzerland nexxiot.com Devices and Tech Platformalbeit a common one for logistics service providers. At Magaya, weve developed a proprietary AI-pow- 32 Numina Group Woodridge IL numinagroup.com WMSered rate processing bot to assist our fully-managed33 OrbitMI New York City New York orbitmi.com Orbit Saas - Specializes in Maritime Dataservices freight rate management team, an impor- 34 Platform Science San Diego CA platformscience.com Telematics - Fleet Management tant and unique value-add for our clients. In no time,35 PortXchange Rotterdam Netherlands port-xchange.com Digital Port Managementthe bot scans carrier contracts into our Magaya Rate36 Project44 Chicago IL project44.com Real Time Visibility Management solution, enhancing the teams produc- Rail Industry Trechnology Provider-tivity, delivering added value to our clients, saving37 Rail Inc Cary NC public.railinc.com TransMetriQ, Rail Management System precious time, and improving data accuracy.(RMS)Bots,builtwith AI,areself-thinkingengines38 Route4Me Tampa FL route4me.com Route Plannerthat scrape data and map datasets to automate repeti- 39 Sleek Technologies Chicago IL sleek-technologies.com Freight Procurement Softwaretive tasks and provide faster processing as compared40 SMC3 Atlanta GA smc3.com LTL Pricing and Services Platformtohumans.Theyhelpeliminateredundant,time- 41 Tecsys Inc Montreal Canada tecsys.com WMSconsuming processes, so that the human teams can42 Tideworks Technology Seattle WA tideworks.com TOSfocus their time on more strategic initiatives. 43 Traxen Plymouth MI traxen.com IQPilot System for Trucksi ntelligente xCeptionm anagement 44 TrueCommerce Inc Pittsburg PA truecommerce.com Multi Enterprise Supply Chain Solution-EDI Real-time transportation visibility helps identifySpecialityTMS - Acquired by Lineage Logistics and freight that is not moving as planned. It enables ship- 45 Turvo San Mateo CA turvo.com Bay Grovepers and logistics partners to address in-transit freightDigital Forwarding Targeting Small and disruptions, which could occur anywhere throughout46 Twill Logistics The Hague Netherlands twill.net Medium Shippers - a Maersk companytheshipmentjourney,andarebecomingincreas- Logistics Platform - Acquired Transplace in ingly common as of late. Timely digital alerts enable47 Uber Freight San Francisco CA uber.com 2021ashippertomakeproactiveadjustments,change48 Vinturas Leek Netherlands vinturas.com Digital Automotive Logisticsdelivery routings, adjust inventory, and keep custom- 49 WiseTech Global Sydney Australia wisetechglobal.com TMS ers informed. In addition, accurate shipment status50 Zebra Technologies Lincolnshire IL zebra.com TMS (CONQUERcontinued on page 24) Source: public recordsSource:'