// ROBOTICS AND SMART FACTORIES TERM
Freight
Freight refers to goods, cargo, or products that are transported in bulk by truck, train, ship, or aircraft. It is the physical items being moved from one location to another.
TECHNICAL DEFINITION
Freight denotes commercial goods or cargo transported in large quantities via various modes, including road (trucking), rail, sea (ocean freight), and air (air cargo), often managed by freight forwarders or carriers.
BACKGROUND
The Industrial Revolution, sometimes called the First Industrial Revolution in contrast to the subsequent Second Industrial Revolution, was a transitional period of the global economy toward more widespread, efficient and stable manufacturing processes, succeeding the Second Agricultural Revolution. Beginning in Great Britain around 1760, the Industrial Revolution had spread to continental Europe and the United States by about 1840. Economic historians agree that the onset of the Industrial Revolution is the most important event in human history, comparable only to the adoption of agriculture with respect to material advancement.
READ MORE ON WIKIPEDIASYNONYMS & ALIASES
- Cargo
- goods
- shipment
- load
- merchandise
USAGE NOTE
Managing freight costs and transit times is a major challenge in global supply chains.
DEVELOPERS
Organizations developing technology related to Freight.
Develops autonomous technology for long-haul trucks, enhancing safety and efficiency in freight transportation, directly impacting manufacturing supply chains.
A global provider of autonomous driving technology for heavy-duty trucks, focusing on improving the safety, efficiency, and sustainability of freight logistics.
Offers real-time supply chain visibility solutions that track freight across all modes of transport, providing predictive insights and optimizing logistics for manufacturers.
Provides advanced visibility and predictive insights for global supply chains, enabling better decision-making and efficiency in freight management for industrial sectors.
A leading provider of integrated automated logistics solutions, including warehouse automation and material handling systems that optimize the flow of manufactured goods for freight.
Develops autonomous mobile robots (AMRs) for warehouse fulfillment, significantly improving the speed and accuracy of preparing manufactured goods for shipment and freight.
A modern freight forwarder that leverages technology, data, and analytics to streamline global trade and logistics, offering enhanced visibility and efficiency for businesses shipping manufactured goods.
A global integrated logistics company that is heavily investing in digital transformation and sustainable shipping solutions to optimize global freight movement for various industries, including manufacturing.