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The Effects of AI on Fleet Management

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The Effects of AI on Fleet Management

AI or artificial intelligence is buzzing in just about every industry. It is greatly changing the trucking industry, from driving to office resources. This article will discuss the future of transportation, AI in the trucking industry, and fleet intelligence.

Future of Transportation

Artificial intelligence is changing the future of transportation in many ways. There are several upcoming trends and new ways of transportation on the horizon. It is as if the Jetsons had the future of technology and transportation right all along. It is time to embrace the future of transportation as we know it. Here are some vehicles that may be just around the corner and some may be a bit further away.

Delivery drones

Delivery drones are unmanned aerial vehicles designed to distribute lightweight packages in the last-mile delivery process. AI is used to autonomously drive the delivery drones or they are remotely controlled. These vehicles are rechargeable, flying robots that can navigate routes and drop-off points. They use GPS, sensors, and computer vision systems to help with navigation. The first commercial drone delivery in the United States took place in 2016. It transported frozen slurpees, donuts, coffee, and chicken sandwiches. Delivery drones are available abroad now and deployed in select US cities.

Driverless vehicles

Driverless or self-driving cars are operated autonomously without human input. There are sensors throughout the vehicle that enable the car to be aware of its surroundings. There are several mapping tools used to operate driverless vehicles. These include cameras, radar, LiDAR, ultrasound or sonar, GPS, odometry, and inertial measurement units. These tools work together to compute a three-dimensional model of the vehicle’s surroundings. They inform the vehicle of traffic controls, merging opportunities, and obstacles en route. 

Flying hotel pods

Flying hotels are only a theory at this time. Flying hotels are aircraft designed to remain in flight while housing passengers for an extended stay.  Guests could check in to their own pods and have access to common areas in the facility. Flying hotels can be thought of as a sort of cruise ship in the clouds or low-orbit, traveler-friendly space station. 

Flying taxis

Flying taxis or air taxis are small commercial aircraft that can transport passengers regionally on demand. These aircraft would be used for short-distance commutes. This would be a faster method of transportation because it would bypass any ground traffic congestion. Flying taxis are the perfect candidate for all-electric, zero-emissions air travel, with the first generation of battery-powered planes likely to serve as airport transit services, cargo vehicles, and training planes for new pilots.

Hyperloop

A hyperloop is a high-speed, ground-level transportation system that uses magnetic levitation and electromagnetic propulsion to transport passengers or goods through a vacuum tunnel at jet-like speeds. It is essentially a futuristic train. A hyperloop is composed of three parts which include sealed, low-pressure tubes, pressurized coach pods, and terminals. 

AI in the Trucking Industry

Managing a fleet can be tricky. Managers are required to wear multiple hats and juggle responsibilities and tasks. AI has made this job much more streamlined and efficient. There are many benefits of AI fleet management software. 

Real-time analytics

Real-time analytics is essential to having a smoothly operating fleet. Data is collected and analyzed in real time. This includes your vehicles’ location, status, and movement. AI fleet management systems can monitor your vehicles in real-time and identify potential issues, improve fuel efficiency, and even detect vehicle misuse. When a problem is detected it can alert you so you can immediately take corrective actions.

Vehicle maintenance 

You do not have to wait for a vehicle to show signs of breakdown. Using AI algorithms, you can analyze vehicle use patterns and real-time data from sensors installed in vehicles. This is helpful in identifying small signs of wear and tear before they become bigger, more expensive problems. Also, AI software can help prevent breakdowns and reduce the risk of accidents on the road.

Route planning  

Route planning can become overwhelming. This is especially true when you are managing a large fleet. There are many factors to consider including traffic patterns, weather conditions, and vehicle availability, to ensure your vehicles operate efficiently and on time. AI can analyze real-time data from various sources, such as GPS trackers and weather and traffic alerts, to automatically optimize routes for maximum efficiency.

Driver safety management

Driver safety is the top priority for many fleet managers. However, monitoring and improving driver behavior while staying on top of other fleet tasks can require a massive amount of effort. AI-powered telematics devices, such as dash cams and speed sensors, can automatically record, detect, and alert you to unsafe driving behaviors such as speeding, harsh braking, and distracted driving. 

Dashcam video analysis

Dash cams are a way to monitor a driver’s behavior. This protects your drivers against false incident claims and ensures compliance with safety regulations. You can use AI-powered dash cam software which can automatically flag and categorize footage relevant to unsafe driving behavior. This allows you to review your driver’s performance more easily and gives you insight into the kind of training you need to provide.

Fleet Intelligence 

Artificial intelligence is revolutionizing the trucking industry. Telematics devices can be installed in the vehicles and make accurate predictions based on the data collected. Some telematics devices include GPS trackers, dash cams, and sensors that can provide a wealth of information on your vehicle’s status, including data on its movement, speed, location, and fuel consumption.

Fleet intelligence is a cloud-based fleet management solution designed for heavy equipment fleet operators and managers. Key features include an automated maintenance scheduler, layered map views, asset tracking, and real-time alerts.

Fleet intelligence allows managers to monitor their entire fleet in real time and in one place. It provides critical data such as location, DTC alerts, geofencing, oil scans, and preventative maintenance issues.  Fleet intelligence can also identify and reassign underutilized machines, automate maintenance schedules, and analyze the fleet by job, timeframe, foreman, and location.

Fleet intelligence software can send messages and alerts to mobile devices to track vehicles. It can do an oil scan, geofence, and other related events in order to track vehicles.  Also, a support team is available so users can submit tickets online for any support inquiries or reach out to the support team via phone and email.

Finally, AI is rapidly changing and transforming fleet management. With AI’s ability to collect and analyze vast amounts of data, it is making the industry even more efficient. AI will only continue to transform how fleets are managed.

SCM software

Top Supply Chain Management Software

Manufacturing and distribution is the base of the global economy. Supply chain management software is also known as SCM Software technology hasn’t just made it possible to create and transport products quicker than ever before; in today’s world, efficiency, and transparency are demanded to be part of any logistics-related transaction. Whether we create a software product, a locally mounted product, or a complicated piece of machine-learning technology compelling resources from all over the world, it’s fundamental for any operation that controls the production and shipping of products to understand and wisely manage its complete supply chain.

Supply chain management software makes it easy to the intricate and complex process of making products from the supplier processed and to the buyer. With SCM software, supply chain providers gain some awareness and control over every phase of the production and shipping process.

We have listed Top Supply Chain Management Software based on features like Inventory management, Order management, Logistics, and shipping status, Forecasting, and Return management:

1. Magaya Supply Chain

Magaya Supply Chain is a cloud-based software for operations, accounting, visibility, tracking, connectivity, and agreement. Magaya produces strong functionality for freight forwarding, warehousing, 3PL operations, cultures compliance, freight rate management, and more.

2. Logility

The Logility Digital Supply Chain Platform leverages an innovative blend of AI (artificial intelligence) and advanced analytics to programmed planning, accelerate cycle times, increase accuracy, improve operating production, break down business silos, and give greater clarity.

3. StockIQ

StockIQ is a rational supply chain planning software solution for Order management, Replenishment outlining, Supplier planning, Advertisement, and Promotion Planning and monitoring, Inventory, and Capacity planning. The StockIQ software is curate for the distribution and production industries.

4. SAP SCM & ARIBA

SAP SCM is a tool implemented by SAP AG for maintaining the supply chain procedure of an organization. SCM helps in the planning, and execution of all supply chain-related actions of that company. SAP Ariba is one of the best cloud-based innovative solutions that enable suppliers and customers to combine and do business on one platform. It acts as a supply chain service to do business globally.

5. Oracle SCM and PeopleSoft Supply Chain Management

Oracle SCM that is Supply Chain Management Cloud, is a cloud-based app built by Oracle. It unites end-to-end enterprise processes pending the changing supply chain needs of modern projects.  Oracle PeopleSoft Supply Chain Management renders a cohesive yet compliant solution for the collaborated supply chain, driving capabilities in cost savings over your entire supply chain. That includes your plan-to-produce (P2P) and order-to-cash business processes.

6. Anaplan

Anaplan is a California-based planning software company. Anaplan vends subscriptions for cloud-based business-planning software and presents data for decision-making purposes. As a dedicated platform, connecting people, data, and systems, Anaplan offers a unified real-time, cloud-based environment to optimize marking and democratize decision-making overall lines of business and its operations, from strategic to operational levels.

7. Precoro

Precoro is a Procurement and Spend Control software, which helps businesses to fully reduce manual workflow and conserve lots of time and money. It is one of the most efficient SCM software solutions.

CIT

CIT Declares Section 232 Steel Tariffs on “Derivatives” Under Proclamation 9980 Invalid and Contrary to Law

The U.S. Court of International Trade (“CIT” or “the Court”) ruled in an opinion issued on April 5, 2021, that Proclamation 9980 subjecting steel and aluminum “derivatives” to 25 percent tariffs under Section 232 of the Trade Expansion Act of 1962 (19 U.S.C. § 1862) is invalid because of a failure to comply with statutory time limits.

The Court concluded that Proclamation 9980, which was issued by President Trump and based on the theory that the President had the power to issue the Proclamation based on earlier findings on different products, was void from the outset because it came too late and had no independent basis. As the CIT states in its opinion regarding the inability to rely on an earlier finding regarding different products: “Because the President issued Proclamation 9980 after the congressionally-delegated authority to adjust imports of the products addressed in that proclamation had expired, Proclamation 9980 was action outside of delegated authority.”

The Court’s order stated that, as a result, Plaintiff PrimeSource Building Products, Inc. is to have all its entries that were affected by Proclamation 9980 refunded, whether they were liquidated or unliquidated. This was a result of the derivatives duties being invalid from the outset. The CIT is now likely to act on the parallel challenges to the Section 232 derivative tariffs and issue similar findings. We expect consultations among the parties and with the Court to proceed soon.

This decision does not affect the original Section 232 tariffs placed on aluminum and steel pursuant to Proclamations 9704 and 9705 effective March 23, 2018. Those Proclamations were upheld by both the CIT and the U.S. Court of Appeals for the Federal Circuit and were issued in a timely manner.

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Nithya Nagarajan is a Washington-based partner with the law firm Husch Blackwell LLP. She practices in the International Trade & Supply Chain group of the firm’s Technology, Manufacturing & Transportation industry team.

Jeffrey Neeley is a Washington-based partner with the law firm Husch Blackwell LLP. He leads the firm’s International Trade Remedies team.

Locus Announces $22 million in Series B Funding Secured

AI-backed supply chain and logistics solutions company, Locus announced
Falcon Edge Capital, Tiger Global Management, Exfinity Venture Partners and Blume Ventures contributed to $22 million in funding towards enhancements of AI-focused solutions and expansion of teams in North America and Southeast Asia.

“Locus provides autonomous supply chain optimization, thus minimizing the dependency on human intelligence, built by an incredible team of PhDs and Engineers,” said Locus CEO Nishith Rastogi said. “Product applications include clubbing of forward and reverse logistics in a single route plan, schedule and on-demand dispatch planning, and automatic escalation management.

“Locus is on an unprecedented path to automate every possible decision in the supply chain. The funding will act as a boost to our global expansion efforts as we amplify our team size specifically in North America and continue to build our IP.”

Locus has established itself as a premier provider of AI-backed logistics and supply chain solutions in India following successful customer roll-outs. Additionally, one of the region’s largest e-grocers employs Locus to meet
99.5% SLA adherence for more than 10 million customers. Among its solutions portfolio, customers can find route optimization, real-time order tracking, insights and analytics, dynamic sales journey plans, and automated shipment sorting. 

“We believe the trillion-dollar global logistics market is ripe for disruption via technological change, particularly AI and machine learning-driven solutions,” said Navroz D. Udwadia, Co-Founder, Falcon Edge Capital. “We are excited to lead a Series B round in Locus, a company that deploys AI/ML/deep tech to drive route optimization outcomes in global logistics markets.”

“With Hindustan Unilever, Blue Dart and other prolific anchor customers, the team has demonstrated the ability to build and deliver cutting-edge technology and algorithmic-driven outcomes that provide attributable ROI to the enterprise at scale. We are excited to help Locus expand its breadth and depth of product and sales reach, moving from route optimization to a full-stack SaaS offering to the enterprise around its logistics needs.”

Source: Locus