Operator of a shipping and logistics marketplace. The company connects shipping companies to shippers, customs brokers, truck owners, and warehouse operators. Users can book, issue official documents, pay online, track and trace, manage end-to-end and door-origin to door-destination shipment of goods.
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Latest XLOG News
Sep 28, 2022
Aboitiz unit, Shiptek want to transform logistics sector Aboitiz Data Innovation (ADI) and Shiptek Solutions Corp., a Philippine-based software development company, announced a partnership to further drive the operationalization of data science and artificial intelligence (DSAI) in the logistics industry. With this new partnership between the two parties, ADI will combine its DSAI expertise with Shiptek’s capability in the logistics industry. ADI and Shiptek are looking at leveraging the latter’s digital platform XLOG to develop innovative DSAI solutions. “XLOG has a solid foundation in place to help enable the logistics and shipping industries to manage and monitor transactions online. By leveraging the data we have on hand, we believe this strategic collaboration with ADI will help stakeholders such as importers, exporters, forwarders and trucking operators have the proper resources and financial support in place to drive success,” said Shiptek COO Joey Ynion. The companies noted that the logistics and supply chain industry has seen immense disruption throughout the pandemic, affecting micro-, small- and medium-sized enterprises. “As economies and businesses begin to adjust to the changes, support from financial institutions and governments remain a key driver to the industry’s success. While many agree that financing of both logistics fees and export import of goods will help alleviate the problems logistics MSMEs are facing, businesses will need to find a sustainable long-term solution to tackle these challenges.” The collaborative project pipeline is designed to revolutionize the logistics industry to steer accelerated industry growth, improve financial sustainability in the supply chain, increase operational efficiency and combat illegal transactions such as fraud and smuggling. “We truly believe that the work we do at ADI demonstrates how implementing DSAI solutions have the power to make life easier and better for all. We have all seen the positive impacts alternative credit scoring has had and continues to have on MSMEs – increasing financial sustainability and providing greater financial support to those in need. Soon the stakeholders in the logistics industry will also begin to see the same results,” said ADI Managing Director David R. Hardoon. ADI and Shiptek signed a memorandum of understanding to seal the partnership during the inaugural UnionBank Innovation Festival held from September 7 to 9 at the UnionBank Innovation Campus in Laguna, Philippines.
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