At the Prologis Groundbreakers conference, executives Hamid Moghadam and Fred Smith discussed the impact of AI in logistics. Moghadam highlighted AI’s role in capital allocation and the importance of data for its effectiveness, while Smith noted FedEx’s long-standing use of AI for predictive analytics, especially in healthcare logistics. They addressed trends like nearshoring, emphasizing that automation has reduced manufacturing jobs more than globalization. Both executives expressed cautious optimism about economic growth for 2025, contingent on consumer spending and geopolitical stability.

Source: https://www.logisticsmgmt.com/article/prologiss_moghadam_and_fedexs_smith_address_key_industry_issues_at_groundbreakers_event/