Machine Learning: How Will It Integrate Into the Shipping Industry?

Machine learning can be defined as the application of Artificial Intelligence, providing systems the ability to automatically learn, and improve, without the need for excess external programming. It recognizes patterns, and learns from previous computations to produce reliable results. Recently, the shipping industry has been keeping a close eye on these developments and watching how artificial intelligence has started to become an enormous hype among other industries. Many carriers, as well as Third-Party Logistics firms, are keen on foreseeing what improvements will be made in the next few years and beyond. Predictive logistics technology lies beneath the application of...

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