Leading productivity platform for freight forwarders Vector.ai today announced that the company is rebranding under the name of Raft. The company has designed, tested, and delivered industry-leading AI to automate document processing for freight forwarders since 2017 when it was launched as Vector.ai.
The name change to Raft signifies an evolution to a comprehensive operational platform for freight forwarders. While AI for automated document processing remains at the core of the company’s technology, the rebrand to Raft points towards the greater need for forwarders to have a single platform for their operations.
“Raft’s purpose is to help forwarders to optimize their whole shipment process. Yes, we use the industry’s leading AI implementation in our platform, but we now provide much more advanced capability on each shipment, with which to give shippers great service” said James Coombes, CEO, Raft said in a press release from the company.
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