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Altana Buys AI for Customs Brokerage

Wall Street Journal US Business •
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Altana, a trade tech company, has acquired Cervo AI, an artificial intelligence platform designed to streamline customs brokerage operations. This move aims to help businesses navigate increasingly complex tariff and trade policies.

Cervo AI's technology is expected to significantly speed up the processing of customs-related tasks, which have become more challenging due to shifting global trade landscapes. The platform leverages AI to automate and optimize workflows, reducing manual effort and potential errors.

By integrating Cervo AI, Altana seeks to enhance its service offerings and provide clients with more efficient and accurate customs solutions. The acquisition underscores the growing importance of technology in managing international trade compliance and adapting to evolving regulations.