raft

Emotional intelligence as vital as Artificial Intelligence, says freight tech chief

Successful adoption of artificial intelligence (AI) will need solutions that enable forwarders and customs brokers to prioritize human connections, said Raft chief executive James Coombes, told the The International Air Cargo Association (TIACA) executive summit on 7 November. The tech firm founder stressed that freight forwarding is ultimately a relationships business. AI exists to free up time for forwarders and customs brokers to focus on the human elements of their work, ... [+]

New appointees get on board Raft

Intelligent logistics platform Raft has appointed Kurt Corman and Claudio Fiaoni as regional vice president of sales for the Americas and EMEA, respectively. Corman was previously in sales and leadership roles with technology platforms and companies such as Fourkites, Chain.io, and BDP International. Fiaoni started with Raft as Global Sales ... [+]

More funds for logistics IT firm

Intelligent logistics platform Raft has completed $30 million in Series B funding. The funding round was led by global VC investor Eight Roads with participation from existing investors Bessemer Venture Partners, Episode 1, Dynamo Ventures and Moguntia Capital. Founded in 2017, Raft—formerly known as Vector.ai—applies Artificial Intelligence (AI) to daily ... [+]