ETFOptimize | High-performance ETF-based Investment Strategies

Quantitative strategies, Wall Street-caliber research, and insightful market analysis since 1998.


ETFOptimize | HOME
Close Window

RXO Launches AI-Powered Truck Check-In Technology for Warehouses and Distribution Centers

By: via Business Wire

RXO (NYSE: RXO), a leading provider of asset-light transportation solutions, launched a new AI-powered check-in system for trucks arriving at warehouses and distribution centers. The visual AI technology, which was introduced at RXO’s cross-border facility, identifies trucks via video and extracts image and video data to streamline the check-in and security process.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240116408984/en/

“RXO’s visual AI technology is already producing positive results at our Laredo, Texas facility, including reduced wait times at the gate,” said Yoav Amiel, chief information officer at RXO. “This advanced technology speeds up the process for carriers and helps shippers save time and money. We’re thrilled to continue to use machine learning and AI to provide our shippers and carriers with cutting-edge ways to make their operations more efficient.”

The visual AI technology automates the process of recording trailer numbers and matching appointments when a truck arrives on site. These tasks were previously handled manually, with facility employees documenting truck information and directing carriers to warehouse docks or yard locations. This led to truck backups at the gate during the check-in process due to high traffic, manual documentation and typing errors.

The new check-in system is integrated with RXO’s Yard Management System to automate appointment matching. To record trailer numbers, the visual AI uses machine learning computer vision and text recognition to process data from a video feed at the gatehouse and extract the data almost instantly. The system then notifies facility staff that a truck has arrived and provides all relevant information. The automation of the check-in process has reduced carrier wait time and improved data accuracy.

RXO will implement this system at its other facilities with high truck volumes. The company also plans to offer the system as a standalone service to other companies with high-traffic locations.

For more information about RXO and its cutting-edge transportation technology, visit RXO.com.

About RXO

RXO (NYSE: RXO) is a leading provider of asset-light transportation solutions. RXO offers tech-enabled truck brokerage services together with complementary solutions including managed transportation, freight forwarding and last mile delivery. The company combines massive capacity and cutting-edge technology to move freight efficiently through supply chains. RXO’s proprietary technology connects approximately 10,000 customers with over 100,000 independent carriers across North America. The company is headquartered in Charlotte, N.C. Visit RXO.com for more information and connect with RXO on Facebook, X, LinkedIn, Instagram and YouTube.

Contacts

Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms Of Service.


 

IntelligentValue Home
Close Window

DISCLAIMER

All content herein is issued solely for informational purposes and is not to be construed as an offer to sell or the solicitation of an offer to buy, nor should it be interpreted as a recommendation to buy, hold or sell (short or otherwise) any security.  All opinions, analyses, and information included herein are based on sources believed to be reliable, but no representation or warranty of any kind, expressed or implied, is made including but not limited to any representation or warranty concerning accuracy, completeness, correctness, timeliness or appropriateness. We undertake no obligation to update such opinions, analysis or information. You should independently verify all information contained on this website. Some information is based on analysis of past performance or hypothetical performance results, which have inherent limitations. We make no representation that any particular equity or strategy will or is likely to achieve profits or losses similar to those shown. Shareholders, employees, writers, contractors, and affiliates associated with ETFOptimize.com may have ownership positions in the securities that are mentioned. If you are not sure if ETFs, algorithmic investing, or a particular investment is right for you, you are urged to consult with a Registered Investment Advisor (RIA). Neither this website nor anyone associated with producing its content are Registered Investment Advisors, and no attempt is made herein to substitute for personalized, professional investment advice. Neither ETFOptimize.com, Global Alpha Investments, Inc., nor its employees, service providers, associates, or affiliates are responsible for any investment losses you may incur as a result of using the information provided herein. Remember that past investment returns may not be indicative of future returns.

Copyright © 1998-2017 ETFOptimize.com, a publication of Optimized Investments, Inc. All rights reserved.