MARITIME LOGISTICS BENEFITS FROM AI TECHNOLOGY

Nowadays,Transmetrics’ digital solution optimizes marine logistics using AI technologies and Marlink’s global multi-band network.Marlink has signed an agreement with Transmetrics to establish a strategic business partnership aimed at predictive logistics optimization for maritime customers.

The agreement will enable Transmetrics, a Forbes-awarded start-up, to leverage Marlink’s broadband satellite communications network, digital solutions and contacts to further develop maritime logistics innovations. As part of its Smart Connectivity strategy, Marlink seeks to support new partners and applications to work together to enable its customers' digitalization and business efficiency.

Transmetrics unlocks the power of big data to optimize empty container logistics. With extensive experience in demand forecasting and predictive optimization for cargo transport industry, the company has developed an innovative predictive asset management tool called AssetMetrics. Based on applying AI algorithms for data cleansing and demand forecasting, the AssetMetrics software suggests the optimal storage, repositioning and maintenance strategy for empty containers as well as the optimal levels of ‘safety stock’ at each location. It is estimated that with the AssetMetrics software, shipping companies can expect about 10-15 percent cost reduction of empty assets logistics.


For AI, opinions vary from person to person. But it seems in a good status and development prospect.

“Transmetrics will help us to address our cargo and container ship customers’ top priority; which is to digitalize end-to-end the logistics chain and fix the inefficiency of cargo transport and logistics. Partnering with the best start-ups, we are positioning Marlink as a leading digital company in the industry, creating tangible economic value for customers from their digital enablement strategies through our smart connectivity solutions,” said Gennaro Faella, Head of Strategic Business Development, Marlink.

In a partnership with Transmetrics, Marlink contributes its experience and interconnected technologies, which support customers to navigate digital transformation in shipping and logistics. This pilot is strategically important for ......

 http://sowoll.com/en/blog/post/454-maritime-logistics-benefits-from-ai-technology

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