• ITVI.USA
    15,839.740
    -5.440
    0%
  • OTLT.USA
    2.799
    -0.007
    -0.2%
  • OTRI.USA
    22.070
    0.480
    2.2%
  • OTVI.USA
    15,836.590
    -10.170
    -0.1%
  • TSTOPVRPM.ATLPHL
    2.950
    -0.570
    -16.2%
  • TSTOPVRPM.CHIATL
    3.610
    0.650
    22%
  • TSTOPVRPM.DALLAX
    1.370
    -0.240
    -14.9%
  • TSTOPVRPM.LAXDAL
    3.550
    0.210
    6.3%
  • TSTOPVRPM.PHLCHI
    2.320
    0.220
    10.5%
  • TSTOPVRPM.LAXSEA
    4.110
    0.250
    6.5%
  • WAIT.USA
    126.000
    0.000
    0%
  • ITVI.USA
    15,839.740
    -5.440
    0%
  • OTLT.USA
    2.799
    -0.007
    -0.2%
  • OTRI.USA
    22.070
    0.480
    2.2%
  • OTVI.USA
    15,836.590
    -10.170
    -0.1%
  • TSTOPVRPM.ATLPHL
    2.950
    -0.570
    -16.2%
  • TSTOPVRPM.CHIATL
    3.610
    0.650
    22%
  • TSTOPVRPM.DALLAX
    1.370
    -0.240
    -14.9%
  • TSTOPVRPM.LAXDAL
    3.550
    0.210
    6.3%
  • TSTOPVRPM.PHLCHI
    2.320
    0.220
    10.5%
  • TSTOPVRPM.LAXSEA
    4.110
    0.250
    6.5%
  • WAIT.USA
    126.000
    0.000
    0%
FreightWaves TVNewsStackd

Hedging risk and avoiding disruption — stackd

Where FreightTech is proactive instead of reactive

On this episode of stackd, FreightWaves’ Adam Robinson took on a hot topic in the freight world: risk mitigation. Being able to avoid risky situations can be essential for building trust with clients and Robinson discussed that with Eytan Buchman, chief marketing officer at Freightos. 

As content creators, there is way less volatility in the industry than people who are working directly in the management of freight forwarding. To navigate that volatility, people turn to tech, but Robinson said technology itself is not the quick fix to trade issues. Knowing what tech to use and where to use it is the key. 

Buchman said the content creation aspect of freight is very fluid and flexible to change as the industry changes, but business changes are not so quick to adapt. Having the right stack of technology to use when a business needs to identify industry changes is the overarching goal of FreightTech companies. 

He said freight indexes are the perfect example of tech necessity; companies need to have a good gauge of raw data, whether it be pricing or rejections or even weather. However, that data needs to be digestible and in a format that is relevant for a company to utilize it well. 

“Companies like Freightos and SONAR are trying to get the most complete datasets that we can to provide that precision,” said Robinson, whether that data be historical, real-time national or global data from cooperating companies. 

Robinson said the true value of data and tech comes from real-life use cases like solving freight backups or reducing costs. 

You can find more stackd episodes and recaps for all our live podcasts here

Kaylee Nix

Kaylee Nix is a meteorologist and reporter for FreightWaves. She joined the company in November of 2020 after spending two years as a broadcast meteorologist for a local television channel in Chattanooga, Tennessee. Kaylee graduated from the University of Oklahoma in 2018 and immediately made the Tennessee Valley her home. Kaylee creates written summaries of FreightWaves live podcasts and cultivates the social media for FreightWaves TV.

We are glad you’re enjoying the content

Sign up for a free FreightWaves account today for unlimited access to all of our latest content

By signing in for the first time, I give consent for FreightWaves to send me event updates and news. I can unsubscribe from these emails at any time. For more information please see our Privacy Policy.