Solvo.ai Revolutionizes Freight Pricing with Industry Veterans and Cutting-Edge AI

Summary

Solvo.ai recently added two highly respected industry veterans to its advisory team: Will Urban, former Chief Revenue Officer at Flexport, and Peter Hove Hildebrandt, former Global Head of Revenue Management at Maersk. Their expertise and reputations are expected to bring significant attention to Solvo.ai's advancements.

Traditionally, the shipping industry has relied on a cost-plus pricing model, where freight forwarders and customers negotiate static prices, often leaving potential revenue untapped. Solvo.ai aims to disrupt this model by introducing dynamic pricing optimization powered by advanced AI technology.

Led by CEO Gaurav Bajaj and CTO Dr. Dongho Kim, Solvo.ai brings a wealth of experience from their previous roles at technology firms such as Secondmind and Apple’s Siri. They are joined by a team of experts from The Freightos Group, cargo.one, Tive, Kuehne+Nagel, and DHL, blending logtech and traditional freight knowledge to revolutionize freight pricing.

By leveraging AI, Solvo.ai transforms static pricing into a dynamic, data-driven process, providing freight forwarders with real-time recommendations to optimize their pricing strategies. This innovative approach considers numerous factors, ensuring that pricing reflects current market conditions, ultimately maximizing revenue.

Solvo.ai’s mission to innovate precisely where freight forwarders need it most is setting new standards in the 3PL industry, promising enhanced efficiency and profitability for its clients.

About Solvo.ai

About Solvo.ai

Solvo.ai is a leading innovator in AI-driven freight pricing optimization, dedicated to transforming the logistics industry. By offering dynamic pricing solutions, Solvo.ai helps freight forwarders make data-driven decisions, enhancing their operational efficiency and profitability.