LTL Acronyms
UPS, FedEx, and USPS dominate the parcel market in the US. However, this is the full name of the market used for shipments between 150 and 15,000 pounds that Estes competes in.
Less-than-Truckload
This updated model of generative artificial intelligence was released by OpenAI on May 13, 2024 introducing a conversational voice mode, and the capability to process text, audio, and vision in real time
What is GPT-4o?
This company has partnered with Estes offering a suite of software utilizing AI to help with planning and scheduling
What is Optym?
These three pillars of the Agile framework, Scrum, lend to a culture of trust, sharing, celebration, acknowledgement, and flexibility
What are Transparency, Inspection, and Adaption?
This term, defined differently within math and physics, is defined in machine learning as data organized in a multidimensional array, also part of the name of a popular Python ML library
What is a tensor? (TensorFlow)
The full name of a shipments unique identifier, often prefixed by the shipment's origin terminal number.
What is a Progressive Rotating Order?
This company began human trials in January 2024 with a technology involving a brain implant which allows its user to control a computer mouse via telepathy
What is Neuralink?
This IBM owned distribution of Linux runs the OpenShift Container Platform (OCP)
What is Red Hat Enterprise Linux (RHEL)
This type of pricing strategy allows a company to remain competitive adjusting pricing in real-time determined by market factors such as demand, supply, and season.
What is Dynamic Pricing (also Dynamic Rate Quote)?
This branch of mathematics formalized in the mid-1800s plays a key role in representing and transforming large multidimensional datasets responsible for AI as we know it today
What is Linear Algebra?
The full name of a shipment's receipt given by the carrier to the person consigning the goods
What is a Bill of Lading?
The most valuable company in 1967 with an inflation-adjusted value of $1.3 trillion built the operating system that our beloved EXLA lives on. What supercomputer did this company build to win a game of chess against Kasparov in 1997?
What is Deep Blue?
This technology, invented in the 1960s is used in retail and e-commerce, manufacturing, logistics and shipping, healthcare, food and beverage, and telecommunications to facilitate the exchange of business documents
Electronic Data Interchange (EDI)
Coming from the Yiddish word meaning "one who understands", this open-source tool builds Java projects and manages dependencies
What is Maven?
Primarily used for market research on brand monitoring and reputation management, this utilizes natural language processing to determine how people think and feel toward a product or service
What is Sentiment Analysis?
The full name of the four-character ID number assigned by the Department of Transportation to all carriers that is also used as the name for our legacy system that lives on the IBM i
What is a Standard Carrier Alpha Code?
On June 16, 2020, for the price of $74,500, this door-opening, heat-detecting, object-recognizing, remote-controllable quadrupedal robot was made available to the public
What is Spot?
This third-party software company recently adopted by Estes leverages the industrial internet of things allowing logistics operations to grow alongside technology securing a data-ready position to dive into a generation equipped with AI
What is Samsara?
This type of terminal handles loading and unloading freight that doesn't require a full truckload.
What is a Break Bulk terminal?
This method of machine learning uses algorithms to learn patterns exclusively from unlabeled data with examples such as detecting anomalies in credit card transactions, clustering customers by similar characteristics, and simplifying data to make it easier to work with
What is unsupervised learning?
The full name of this association defines the freight classes starting at Class 50 or 'Clean Freight' at the lowest cost with varying intervals up to Class 500 or 'Low Density / High Value' at the highest cost.
What is the National Motor Freight Traffic Association?
This behemoth company has been removing its "Just Walk Out" technology from grocery stores due to the controversial claims of its supposed AI actually operating via a thousand human manual video footage reviewers
What is Amazon?
Estes makes it possible to see a shipment's ETA and how many stops it is from its destination through these two APIs
What are the Shipment Tracking API and Pickup API?
This fictional building shared by our CIO in an article on September 20, 2023 was referenced as a showcase and a 'space for Estes to continue investing in experiments and pushing the boundaries of the industry' to help guide the 5-year trajectory of our culture
What is the Innovation Center or Innovation Complex
This supervised machine learning technique is commonly used for predicting trends and correlations on a straight line.
What is linear regression?