Interview with Thomas Bagge, CEO & Statutory Director of the Digital Container Shipping Association

Interview with Thomas Bagge DCSA

Before containerization was introduced to shipping, the industry had suffered from tremendous inefficiencies – it could take up to two weeks just to load and unload a ship. The extensive use of containers has not only saved shippers a huge amount of time, but it has also had an incredible impact on our global access to affordable goods: The quantity of goods carried by containers has risen from around 102 million metric tons in 1980 to about 1.83 billion metric tons in 2017. Now, the container shipping industry yet again is facing a challenge which results in major inefficiencies, vital need for clarity and visibility – the lack of industry-wide standards.

That’s why five of the shipping industry’s biggest names, Maersk, Hapag-Lloyd, MSC, CMA CGM, and Ocean Network Express, came together to form the Digital Container Shipping Association (DCSA) in April 2019. Since its initiation, Evergreen Line, HMM, Yang Ming, and Zim have also joined, and now the DCSA represents ~70% of the container shipping industry. The main aim of the association is to create common information technology standards for digitalization and interoperability in an effort to make the industry more efficient for both customers and shipping lines.

In order to understand more about how the DCSA plans to move the shipping industry forward, Transmetrics’ Co-Founder and CCO Anna Shaposhnikova spoke with Thomas Bagge, CEO and Statutory Director of the DCSA. Thomas has spent over 12 years in various transformation activities at Maersk covering people, processes, and technology and his extensive industry expertise is a crucial aspect for leading DCSA.

Logistics Startup of the Month: Globe Tracker

Globe Tracker

Every month we select one logistics startup which represents a positive example of innovation in Logistics and Supply Chain and has the potential to alter the way the industry operates. This August, Transmetrics selected Globe Tracker, the industry-leading solution for remote monitoring and end-to-end supply chain asset management, as the “Logistics Startup of the Month” for its outstanding achievements in the development of Internet of Things (IoT) for logistics and supply chain.

In order to learn more about the company and what it does, we have talked with Don Miller, Vice President Global Sales and Marketing at Globe Tracker, about the startup’s journey and how IoT empowers real-time visibility in the supply chain.

Logistics of the Future: Best Rail Cargo Startups

Logistics of the Future: Best Rail Cargo Startups

This article about the best rail cargo startups is part of the “Logistics of the Future” series looking at the top logistics startups today.

Since its advent in the early 17th century, the rail industry has continued gaining steam around the world – especially when it comes to moving cargo. More than 400 billion tonne-kilometers of rail cargo was moved in the European Union in 2017 alone, and that movement won’t slow down anytime soon: The global market volume for railway technology is expected to reach an average annual value of €185 billion between 2019 and 2021. But even though the industry continues to boom, rail cargo is surprisingly still stuck far behind its peers in road freight, maritime shipping, and air cargo when it comes to autonomy and digitalization. With the ability to move one-tonne over 500 miles using just one gallon of diesel fuel, rail is one of the most environmentally friendly means of transport for both passengers and goods – so why isn’t it capitalizing on that potential with new tech?

Logistics Startup of the Month: project44

project44

Every month we select one logistics startup which represents a positive example of innovation in Logistics and Supply Chain and has the potential to alter the way the industry operates. This July, Transmetrics selected project44, the world’s leading advanced visibility platform for shippers and logistics service providers, as the “Logistics Startup of the Month” for its outstanding achievements in the development of advanced visibility for logistics.

In order to learn more about the startup and what it does, we have talked with Mike Reed, Chief Strategy Officer at project44, about how project44 connects, automates and provides advanced visibility for all transportation modes and shipping types.

Augmented Intelligence for Logistics Planning

Augmented Intelligence for Logistics

This article is based on the presentation by Asparuh Koev, Founder and CEO at Transmetrics, at the “Logistics meets Innovation” conference. The topic of the conference was “AI in Logistics: from Theory to Practice” and you can read the full overview of the event here: “AI in Logistics: from Theory to Practice” – Transmetrics’ Conference Summary.

Artificial Intelligence (AI) is already a widespread term in logistics, thanks to the implementation of exciting AI technologies like automated warehouses by Amazon, autonomous trucks by Einride, drone deliveries by Zipline, last-mile delivery robots by Starship, and more. These are the types of technologies that can potentially replace some manual jobs that don’t require complex skills (e.g. warehouse sorting, last-mile delivery person, truck driver, etc.).

However, the situation is different when Artificial Intelligence is used to deal with high-skilled positions like logistics planners. That’s where Augmented Intelligence enters the scene. By combining human intelligence with processes automated by AI, companies can save time, reduce operating expenses, and eliminate manual errors, while human employees can focus more on analytical and complex duties. In this article, we will uncover what exactly Augmented Intelligence is and how it can enhance logistics planning capabilities.

How Predictive Analytics Is Transforming Logistics and Supply Chain

Predictive Analytics

In an industry where time and resources can make or break a company’s bottom line, predictive analytics is no longer just a helpful bonus feature to have in logistics; it’s a necessity. The modern logistics market is more demanding than ever before: businesses across the supply chain are now expected to easily adjust to shipment patterns, predict customers’ buying behaviors, provide on-time deliveries through the most efficient routes possible, and reduce the risks of cargo inventory errors and miscalculations.

However, the introduction of predictive analytics is helping logistics and supply chain companies meet these increasing demands. In fact, the logistics industry has identified predictive analytics as having the biggest impact on the supply chain this decade. This movement towards anticipatory logistics is already widely accepted among industry decision-makers: A study by the Council of Supply Chain Management Professionals revealed that 93% of shippers and 98% of third-party logistics firms feel like data-driven decision-making is crucial to supply chain activities, and 71% of them believe that big data improves quality and performance. 

So what exactly is predictive analytics, and why has it become so important in logistics and supply chain? Predictive models use historical and transactional data to identify patterns for risks and opportunities within a particular set of conditions, which helps to guide decision-makers and anticipate specific future events. A predictive solution can serve a wide array of different needs but brings the most value when it’s tailored to a particular type of operations and based on a set of rules and restrictions made for that specific operation. These solutions can bring benefit to different levels, from a single warehouse to even an entire supply chain.

In this article we will go over a wide variety of predictive analytics use cases in logistics; deep dive into the predictive solutions developed by such logistics giants as DHL, Maersk, and UPS; and talk about the best predictive analytics tools offered by logistics startups.

Logistics Startup of the Month: Peloton

Logistics Startup of the Month: Peloton

Every month we select one logistics startup which represents a positive example of innovation in Logistics and Supply Chain and has the potential to alter the way the industry operates. This June, Transmetrics selected Peloton, a platooning solution provider, as the “Logistics Startup of the Month” for its remarkable achievements in solving the biggest challenges of the trucking industry: Crashes and Fuel Use.

In order to learn more about the startup and what it does, we have talked with Rod McLain, VP of Marketing at Peloton, about the business and how Platooning can improve operations in the $700 billion trucking industry.

Logistics of the Future: Best Supply Chain Visibility Startups

Best Supply Chain Visibility Startups

This article about the best supply chain visibility startups is part of the “Logistics of the Future” series looking at the top logistics startups today.

The logistics world of today is multi-tiered, multi-faceted, multi-supplier and collaborative. Components, parts, and elements can be spread over many thousands of kilometers, and at times it can be difficult to simply track where everything is. More than frustrating, this fragmentation leads to major inefficiencies in the logistics sector. Less than one-third of respondents in a logistics survey viewed their collaborative process as effective, and while 84% of respondents from the same survey reported that although they have implemented real-time data sharing into their supply chains, only 13% have done so effectively. Only a quarter of supply chains currently have an autonomous supply chain in place, according to a recent Supply Chain Reinvention Survey.

This is where today’s new options for increased supply chain visibility come in. As more companies around the world have begun outsourcing parts of their supply chains, visibility has become more crucial than ever, as a growing number of companies around the world outsource parts of their supply chains and lose control over what used to be part of their own operations.

New supply chain visibility technology promotes quick response to change by allowing privileged users to take action and reshape demand or redirect supply, and fully integrated supply chains see 20% more efficiency than those without integration. The value of autonomous and integrated supply chains speaks for itself: 90% of the Supply Chain Reinvention survey respondents with autonomous supply chains reported that their market share increased somewhat or significantly in the past year, and 97% reported their customer satisfaction somewhat or significantly increased, compared to just 8% of those without autonomous supply chains. According to Diversified Industrials Global Sector Chair Jeff Dobbs, improved supply chain visibility can significantly assist logistic operations. “Obtaining real-time visibility across all tiers in the supply chain can significantly increase speed to market, reduce capital expenditures and manage risk,” he said. “Moving toward a demand-driven supply chain is probably the single most important step a global manufacturer can take today.” And the industry agrees: Most surveys on supply chain challenges consistently rank visibility near the top as one of the most necessary components.

But despite the recognized need for integrated and transparent supply chains, a 2017 report found that nearly two-thirds (63%) of companies do not use any technology to monitor their supply chain performance. However, plenty of great supply chain visibility startups have recently been created to address this exact need and offer more efficiency to the logistics industry. Let’s take a look at some of these tech startups from around the world who are developing smart solutions to make the supply chain more transparent, digital, and cost-effective :