Container shipping company NileDutch started a cooperation with the technology company Transmetrics, to streamline its empty container flows and increase efficiency.
Namely, NileDutch will use a program called AssetMetrics, which uses historical data to improve data sets so an algorithm can produce reliable predictions.
“With machine learning and intelligent algorithms we want to revolutionise how empty container handling and relocation is organised. Our envisioned goal for the project with NileDutch is to reduce the cost of empty container logistics by 10-15 percent,” mentioned Anna Shaposhnikova, CCO and co-founder of Transmetrics.
The technology takes into account maintenance costs, the future demand at each location, the cost to reposition and the assets that will be returned. AssetMetrics will be connected to NileDutch’s TMS-system (Transport Management System) to ensure a constant exchange of information.
NileDutch informed that the rollout of AssetMetrics is expected to begin in March 2018.
