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
The global economy, as it functions today, has become completely dependent on container shipping to succeed. 95% of all manufactured goods in the world arrive at their destinations courtesy of this massive industry. But despite the growing reliance on container shipping, there’s one industry-wide problem that remains to be solved: the repositioning of empty containers. Unfortunately, one out of three containers being moved is empty — estimating around 60 million empty container moves per year at an annual cost of $20 billion to the industry. Apart from the enormous profit wastes, these empty containers are also come at a big cost to the environment, due to the extra fuel consumption, congestion, and shipping emissions.