Related News

Tencent on Thursday posted 15% year-on-year revenue growth, with AI boosting the Chinese tech giant’s performance in advertising targeting and gaming. Here’s how Tencent performed in the third quarter of

Traders work on the floor of the New York Stock Exchange (NYSE) on Nov. 12, 2025 in New York City. Spencer Platt | Getty Images The divergence between the performance

A colossal rocket stands ready on its launch pad, bathed in the dramatic light of an intense solar storm and vibrant auroras. CAPE CANAVERAL: Intense solar storms responsible for breathtaking

Jason Kim, chief executive officer of Firefly Aerospace, center, during the company’s initial public offering at the Nasdaq MarketSite in New York, US, on Thursday, Aug. 7, 2025. Michael Nagle

Chuck Robbins, Cisco CEO, speaking on CNBC’s Squawk Box outside the World Economic Forum in Davos, Switzerland on Jan. 22, 2025. Gerry Miller | CNBC Cisco reported better-than-expected profit and

Advanced Micro Devices‘ CEO Lisa Su shut down concerns over Big Tech’s elevated spending during an interview with CNBC’s “Squawk Box” on Wednesday and said investing in more computing will

Trending News

In today’s digital age, the opportunity to make money online without any initial investment is more accessible than ever before. Whether you’re a student looking to earn some pocket money,

In today’s digital world, make money online has become a dream many want to turn into reality. Whether you’re looking for a side hustle or aiming to build a full-time

JSW Cement, the building materials arm of Sajjan Jindal-led JSW Group, has reduced the size of its upcoming initial public offering (IPO) to Rs 3,600 crore and will open the

The agricultural Gross Value Added (GVA) growth is expected to moderate to 4.5% in the first quarter of FY26, down from 5.4% in the preceding quarter, according to a report

Foreign portfolio investors (FPIs) turned net sellers in the Indian equity market in July, pulling out Rs 17,741 crore amid rising global trade tensions. According to data from NSDL, this

Avenue Capital Group-backed Asset Reconstruction Company (India) Ltd (ARCIL) has filed its draft red herring prospectus (DRHP) with markets regulator Sebi on Friday to raise funds through an initial public

How AI made Singapore’s ports more efficient

Word Count: 241 | Estimated Reading Time: 2 minutes


Singapore’s trucking industry has long been weighed down by manpower shortages, high operational costs and wasted trips. Here’s how artificial intelligence helped change that.

Efficiency should be everything at one of the world’s busiest shipping hubs. 

And yet, for years, Singapore’s haulier industry has been weighed down by manpower shortages, high operational costs and wasted trips. Up to 35% of trucks leaving the port were empty, burning fuel and wasting resources.

A partnership between port operator PSA International and Dutch multinational HERE Technologies has tackled the problem by leveraging artificial intelligence.

“For complex operations like this, one of the fundamental problems is efficiency. Our shared vision is to provide efficiency, reduce cost or the downtime where there are empty containers or empty trucks,” said Abhijit Sengupta, general manager for Southeast Asia and India at HERE Technologies.

Using automation and real-time route optimization, empty trips have been nearly halved.

“OptETruck is a transport management solution, which addresses the trip planning, the trip execution, all the way up to invoicing and billing,” said Sriram Ramanujam, the vice president for digital products at PSA Southeast Asia.

More than 400 trucks have been onboarded, covering nearly 20% of Singapore’s haulage market.

So, what could this mean for the future of logistics? Watch the full video to see how AI is changing the way goods move.

For information on CNBC’s Converge Live event which takes place in Singapore 12-13 March 2025, visit: www.cnbc.com/converge-live/ 



Source link

Most Popular Articles