U.S. Economy Grew Better Than Expected Through Q2
A turnaround marked a reversal from a decline of 0.5% for the first quarter. Getty Images
Real gross domestic product increased at an annual rate of 3% in the second quarter, according to the Bureau of Economic Analysis, ahead of the Dow Jones consensus of 2.3%.
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FreightWaves announces winners of AI Excellence in Supply Chain Awards
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Integrated directly into existing TMS, WMS, or ERP systems, CoPallet executes tasks end-to-end with guaranteed outputs, combining AI with human oversight to boost throughput by up to 10x and cut staffing costs by 50–70%. This innovation allows logistics teams to focus on customer relationships, improving margins and service delivery without disrupting operations. was honored for its conversational AI platform tailored for logistics, automating communications across phone, email, and text for brokerages, 3PLs, and carriers. Key features include AI agents for vetting carriers, confirming appointments, and collecting PODs, with real-time integrations into TMS/WMS/CRM systems and voice ID for security. By handling up to 70% of inbound calls and reducing carrier vetting time by 95%, minimizes fraud exposure, enhances response times, and scales operations efficiently. Qued received the award for its AI-powered appointment scheduling platform, which automates carrier and warehouse communications to eliminate manual back-and-forth. Integrating with existing TMS and carrier systems, Qued's AI predicts optimal slots based on real-time data like ETAs and facility capacity, reducing no-shows by 90% and increasing on-time performance by 25%. This streamlines dock operations, cuts detention fees, and boosts overall supply chain velocity. Incorta was recognized for its platform that delivers live, detailed operational data from complex systems like Oracle and SAP directly to AI models and decision-makers, bypassing traditional ETL processes. With features like Direct Data Mapping and a GenAI layer called Nexus for natural language queries and dashboard generation, Incorta enables real-time AI-driven insights, reducing ERP data load times by 60% and excess inventory by over 10%, fostering faster forecasting and disruption planning. HappyRobot was awarded for its AI solution that automates inbound carrier phone calls and booking tasks for freight brokers, handling 40–90% of routine interactions like load availability checks and status updates. With real-time fraud detection, TMS integrations, and smart routing for escalations, HappyRobot blocks 20-40% of unqualified carriers and answers 100% of calls, reducing fraud risk and enabling brokers to scale without operational burnout. project44 took home honors for AI Disruption Navigator, an AI-powered tool that monitors over 8 billion data sources and analyzes 100,000+ news posts hourly to provide personalized, real-time disruption insights for shipments. Integrated into the Movement platform, it maps risks across 120+ categories, reducing disruption-related costs by 40% and saving logistics managers 8-10 hours weekly, enabling proactive planning and enhanced resilience. 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Is Nebius Stock A Buy Before Aug. 7?
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