Overhaul | Air Cargo Next

Podcast: Overhaul’s Stevens on AI misconceptions, predictions

Courtney Blackann — Thu, 14 Dec 2023 22:21:22 +0000

Risk management solutions provider Overhaul is using AI to mitigate cargo thefts.

With products like RiskGPT, launched in July, Overhaul integrated AI into its software to scrape the internet for information on cargo theft and synthesize it. Overhaul response teams use then use the information to determine where a crime is likely to occur and quickly identify a corrective path.

Last week, the company launched IoT Assess and Deploy, which enables intelligent door seals to detect light changes indicating unusual activity in cargo shipments.

While AI can greatly reduce risk and improve security and efficiency in operations, there are several misconceptions surrounding its capabilities, Karin Stevens, executive vice president of marketing and sales at Overhaul, shares in this episode of “On Air with Air Cargo Next.”

“I think that the misconception is … that AI is going to become robots and replace our jobs,” she said. “And the way that we have really positioned what we’re doing with AI is really around very tangible operational use cases where we can save time within the operations.”

Moving forward, AI capabilities will become integral to forwarders’ operations utilizing predictive analysis and forecasting, and therefore improving response times to cargo thefts, she added.

Tune in to this episode of “On Air with Air Cargo Next” to hear about the future of AI in the airfreight industry and common misconceptions about the technology.

Overhaul launches IoT tech for cargo theft avoidance

Courtney Blackann — Tue, 12 Dec 2023 22:49:20 +0000

Risk management solutions provider Overhaul recently launched enhancements to its Internet of Things technology to combat cargo theft, which has increased 57% year over year. Overhaul’s technology, IoT Assess and Deploy, offers customers greater visibility and instant alerts with a bi-directional approach, Karin Stevens, executive vice president at Overhaul, told Air Cargo Next. “That […]

Overhaul predicts cargo theft increase in 2024

Courtney Blackann — Mon, 20 Nov 2023 22:16:11 +0000

Risk management solutions company Overhaul last week released its 2024 predictions on cargo theft trends following a year marked by a significant increase in global strategic theft. While cargo thefts increased 57% year over year in the second quarter of 2023, strategic thefts tripled, an indication that the number of thefts will continue to climb […]

Cargo thieves take advantage of tech advances

Courtney Blackann — Wed, 18 Oct 2023 21:55:57 +0000

While technological advancements in air cargo continue to streamline the industry, cargo thieves are seeing new opportunity. Strategic cargo thefts tripled from the first quarter of 2023 to the second quarter, increasing from 8% to 24% of total theft occurrances, according to the most recent data from cargo theft risk-management software provider Overhaul. Strategic thefts […]

Executives to watch in the air cargo industry

Yael Katzwer — Thu, 28 Sep 2023 14:00:18 +0000

The continued success and growth of the air cargo industry does not happen by chance — it is driven by the executives in all branches of the supply chain making smart and innovative decisions. Air Cargo Next is highlighting 12 executives who are successfully guiding their companies through today’s challenging air cargo market. These standout […]

Cargo thieves target energy drinks in Q2

Courtney Blackann — Fri, 04 Aug 2023 18:19:18 +0000

Cargo thefts have significantly increased in 2023, with a year-over-year rise of 41% in the first half of 2023, Cargonet reports show. As technologies to protect forwarders on the road advance, so do the skills of criminals, Ron Greene, senior vice president of Intel & Fusion Center at Overhaul, a risk management software company, told […]

Overhaul adopts RiskGPT for cargo theft response

Courtney Blackann — Mon, 24 Jul 2023 20:34:09 +0000

Texas-based risk management solution company Overhaul recently adopted RiskGPT as a part of its line of software solutions for cargo theft aversion. Similar to the way artificial intelligence-driven ChatGPT scrapes the internet for information on a topic, RiskGPT software uses AI to synthesize information regarding cargo theft. The Overhaul response teams use this information on […]