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The Freightvine podcast explores various topics related to supply chain management, transportation, and logistics. It features interviews with industry experts, thought leaders, and practitioners who share insights into trends, challenges, and innovations in the freight and logistics sector.
In this episode, Dr. Chris Caplice, Chief Scientist at DAT Freight and Analytics, sits down with Felipe Capella, CEO and co-founder of Loadsmart, to discuss the role of AI in transportation.
After a decade-long career as a lawyer, Felipe teamed up with his co-founder, Ricardo Salgado, to start a company and create something new. They chose the freight transportation industry due to its vast market potential, fragmented nature, and room for technological advancements. Loadsmart initially launched as a brokerage, but has over the past ten years transformed into a comprehensive logistics solutions company. Now, Loadsmart offers TMS, dock scheduling, managed transportation, brokerage services, and AI-backed applications for freight analytics and reporting.
The most recent launch of an AI product at Loadsmart is making waves. FreightIntgel AI makes proactive recommendations on a shipper’s network based on an analysis of their actual operations and raw data.
In this conversation, Chris and Felipe discuss how the truckload and brokerage market has evolved over the last decade, the importance of context when generating a rate, the growth of algorithmic spot pricing, and where AI should (and should not) be used within supply chains.