Logistics automation

Freight software provider Alvys launches Alvys Foundry, a generative AI platform empowering carriers and brokers. It automates operational tasks within existing TMS via pre-built and custom AI agents. Foundry transforms AI from analysis to execution, handling detention, document processing, rate audits, tracking, compliance, and claims. It democratizes automation by allowing users to describe tasks in plain language. The platform integrates deeply with Alvys TMS, offering access to rich operational data and ensuring security and transparency.

Reitar Logtech (RITR) is spinning off its logistics automation segment to foster growth and increase shareholder value. The spin-off will create a new entity focusing on smart warehousing, hardware/software solutions, and data-driven technologies. This strategic move aims to attract partnerships and capital, solidifying Reitar’s leadership in smart logistics and advancing its “MIS” strategy of Mergers & Acquisitions, Integration, and Spin-offs.