Tag Archives: logistics

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LogTech company driveMybox expands to Hungary

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Patrick Jandt, Balazs Hangel and György Ambruzs signing the contract

HAMBURG, 6-Mar-2024 — /EPR INTERNET NEWS/ — The Hamburg-based LogTech company driveMybox officially announces its strategic partnership with I.C.E. Transport Hungary Kft., an established and strong freight forwarder in Eastern Europe, and is delighted to have Hungary as its third international cooperation partner. Together with its locations in Germany and Italy, driveMybox is positioning itself as a “leading partner” in digital container lorry transport.

The partnership with I.C.E. Transport Hungary now enables driveMybox to bring its expertise and technologies to another market with great potential. Due to its geographical location, Hungary occupies a central position in the Eastern and Central European transport business. This, together with the increasing level of digitalization and the resulting demand for digital solutions, makes the Hungarian market indispensable for driveMybox’s strategic growth.

“Having already enjoyed great success in our two locations in Germany and Italy, we are extremely pleased to now be introducing driveMybox to the Hungarian market. In I.C.E. Transport, we have found a competent and reliable partner who will provide excellent support for our expansion into Hungary with its many years of experience and large network,” says Patrick Jandt, CEO of driveMybox.

“We are in the starting blocks and can’t wait to roll out driveMybox – a digital platform that brings everything to the table for the benefit of customers, truckers and us as I.C.E. – in Hungary. We are proud to have a trusted partner in driveMybox and look forward to working closely with the driveMybox team. It’s time to usher in a new level of Hungarian lorry container transport!”, explains Balász Hangel, CEO of I.C.E. and now also CEO of driveMybox Hungary.

The highly motivated driveMybox team in both Hungary and Hamburg is certain that driveMybox will not only be a sustainable addition to the Hungarian logistics sector, but will also set new standards and make a significant contribution to increasing efficiency and modernising truck container transport in Hungary.

The intuitive and user-friendly booking platform was launched in Germany in 2020 and has since offered an all-in-one solution for container road transport, connecting customers and service providers via the platform. In 2021, driveMybox expanded to Italy and began offering cross-border transport services. This network has now expanded beyond Germany and Italy to Switzerland, Austria, the Czech Republic, Luxembourg, Belgium and the Netherlands. With Hungary as a strategic location, transports within Hungary and beyond can now also be conveniently booked via the platform. The goal: to become the leading platform for container trucking – worldwide!

driveMybox: More than just trucking
There is no easier way to get a container from A to B than with the online platform. The entire transport process, from the price enquiry (instant quote) to scheduling and invoicing, is digitalised; in just a few clicks, any company that wants to transport a container by truck can book a transport via the platform. Registered drivers, on the other hand, are shown the optimised transport orders directly on their smartphones via push notifications, allowing them to accept or reject trips flexibly and independently. In this way, driveMybox ensures greater flexibility and transparency in container trucking – and it’s free of charge too. The platform maximises truck capacity and provides a precise overview of transports through visibility and real-time data provision. It also eliminates manual processes and establishes an in-time exchange of information and documents.

We want you!
Are you just as interested as we are in solving the complexity and lack of transparency of the container transport market in your own country? Digitising the entire transport process, bringing customers and truck drivers together with innovative approaches and generating more business by opening up the market? Then contact us at info@drivemybox.de and let’s talk about how we can implement the driveMybox platform in your country. Together with your input and expertise and our full support during the process, the driveMybox platform will be customised to your local requirements, offering immense potential to improve the local container transport landscape.

SOURCE: EuropaWire

B2b, Database, News, Programming, Services, Software

Transmetrics AI solutions to be used by DB Schenker in Bulgaria to calculate volumes, goods flow, and the rationality of land connections

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SOFIA, Bulgaria, 25-Jan-2022 — /EPR INTERNET NEWS/ — Transmetrics, a state-of-the-art AI platform developed exclusively for the supply chain, announces today that their artificial intelligence (AI) algorithms have been employed by DB Schenker, a global leading logistics provider, to adopt a new approach for the leader’s domestic land transport in Bulgaria. One of the key aspects of the project was achieving faster transit times for groupage shipments and improved vehicle utilization.

This significant change in the company’s Bulgarian setup successfully involves AI methods such as neural networks, Bayesian models, and stochastic optimization. In addition, the implementation of modern processes has been carefully developed to meet ever-growing customer expectations and to benefit the supply chains within the country and beyond. The changes involve new international connections as the company’s branch office in Sevlievo, North Central Bulgaria, becomes a transportation hub for the country and several European and Caucasus trade lanes.

In order to achieve that, Transmetrics and DB Schenker worked closely together to configure multiple network scenarios and run various ‘what-if’ simulations. Based on different demand growth projections and various network parameters, the powerful AI algorithms could measure the efficiency and resilience of numerous network setups’. Comparing these, the project teams identified the best possible way to adjust the network infrastructure and the most optimal linehaul plan.

“This project is a solid milestone for Transmetrics as it ensures that our proprietary AI algorithms can provide the right tools to power up strategic logistics planning. With ever-increasing demand, it is important to rely on data-driven business decisions, and we are thankful to DB Schenker for the opportunity to work together on such an exciting project”, adds Dimitar Pavlov, Head of Business Development at Transmetrics.

“We are confident that by completing this project, using AI and new simulations, and taking into consideration the requirements of the market, we have significantly improved our network setup in Bulgaria,” says Zoran Lazoroski, Managing Director of DB Schenker in Bulgaria and North Macedonia. “We have optimized our internal traffic and domestic lines to be much more efficient, in many different aspects, including reducing our ecological footprint.”

About Transmetrics
A leading provider of AI solutions for the logistics industry, Transmetrics optimizes transport planning by leveraging the power of predictive analytics and machine learning. Transmetrics combines the strengths of humans with those of AI, ensuring the highest operational benefits, and reducing the environmental impact of logistics. Its unique approach analyzes, models, and predicts transport flows with very high accuracy. The unrivaled advantage comes from having strong experience in both the technical (Big Data and Predictive Analytics) and domain (Transport and Logistics) areas. Its products have brought significant benefits to the top-tier logistics companies worldwide that have experienced an up to 25% reduction in transport costs while increasing their fleet utilization up to 14% and maintaining high service levels.

About DB Schenker and DB Schenker in Bulgaria
With around 74,200 employees at more than 2,100 locations in over 130 countries, DB Schenker is one of the world’s leading logistics providers. The organization in Bulgaria, Schenker EOOD, operates since 1993 and employs over 340 people at seven locations in the country with logistical and warehousing capacities of more than 35000 square meters. The company offers land, air, and ocean transportation services, as well as comprehensive solutions for logistics and global supply chain management from a single source.

SOURCE: EuropaWire

B2b, Database, News, Online, Programming, Services, Software

Transmetrics’ AI-powered demand forecasting and predictive optimization platform deployed by Egyptian shipping company Transmar

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CAIRO, Egypt / AMSTERDAM, The Netherlands, 31-Mar-2021 — /EPR INTERNET NEWS/ — The ‘AI platform for logistics’, as Transmetrics is often referred to, is successfully streamlining operations at Transmar, a leading carrier of containerized cargo between Egypt and its key partners in the region. Transmetrics’ demand forecasting and predictive optimization platform is powered by artificial intelligence and machine learning algorithms.

With four decades of experience and a strong operational presence in Egypt, KSA, UAE and Sudan, Transmar has built a solid reputation in the market, founded on family values that drive the company’s ambition to offer the best in class service to its customers. Transmar owns and operates a large fleet of both dry and refrigerated containers, serves thousands of customers, and moves hundreds of commodities throughout the Middle East.

“We strongly believe in the power of Data. Transmetrics’ AI solution helps us leverage our 4 decades of operational experience, to make decisions both faster and smarter. As a regionally focused carrier we are more exposed to volatility. We’re excited about the capabilities Transmetrics will provide by helping see up to 12 weeks into the future, ensuring we have optimum planning and repositioning plans” said Ahmed el Ahwal, Commercial Manager at Transmar. In a recent study, the Boston Consulting Group (BCG) estimates that repositioning empty containers in the shipping industry costs €13 to 17 billion per year (US$14 – 19 billion), which adds up to 8% of a shipping line’s operating costs.

Transmetrics software provides daily rolling AI-driven forecasts for the next 10 to 12 weeks based on the cleansed historical data and relevant external factors influencing the demand. The planning and system optimization tools suggest an optimal and actionable plan for the repositioning of empty containers as well as storage for the next 12 weeks. This also takes into account all the related costs. Stevedoring, gate costs, etc. as well as other variables, and business constraints. The system is equipped to consider repair and maintenance as cost variables which is now work in progress and being co-developed with Transmar.

“We are thrilled to announce this new partnership with Transmar. It goes to show that the AI revolution in logistics is happening worldwide. I look forward to the results we will achieve together with the great team at Transmar” said Jon Fath, CEO of Transmetrics. “This requires deep knowledge of logistics processes because it is still a very hands-on business. Big Data methods, which are used in our product, support our client’s team in finding smarter ways to reposition their assets so that the Transmar local agencies have the right amount containers available when they need it.“

“Transmetrics’ solution helped our team to more accurately allocate our assets. Its monitoring tools and automated forecast result in improved turntime of our assets. Actually, it is a Double Win: our customers benefit from even better services and our team gets state-of-the-art support from AI,” El Ahwal said.

Transmetrics and Transmar also identified a number of next steps to further increase the benefits of Transmetrics solutions such as cabotage management functionality and a management dashboard. The dashboard will include cost reporting and is expected to show how the supply chain will look like for the next 3 months due to its predictive capabilities. “After implementation, Transmetrics is still giving us very professional and pleasant customer service, being open for discussions on product enhancements and being always available for questions and corrections on the data or on the logic where it is needed”, said Hossam Houta, Asset Manager at Transmar.

SOURCE: EuropaWire

B2b, Internet, News, Online, Software, Web

DURGA KONE, COMAKEIT’S EVP & HEAD OF GLOBAL SALES: “COMAKEIT IS IDEALLY POSITIONED TO LEVERAGE THE CHALLENGES AND OPPORTUNITIES OF DIGITAL DISRUPTION”

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BAARN, Netherlands, 17-Sep-2018 — /EPR Internet News/ — coMakeIT strengthened its executive management team through the addition of Durga Prakash Kone, as Executive Vice President & Head of Global Sales. Durga is a seasoned technology professional with an outstanding track record of enabling the success of various globally renowned IT businesses.

Over the past two and a half decades, Durga held senior leadership roles at Tech Mahindra, HCL Technologies, Satyam, and Intelligroup (NTT Data), and was instrumental in scaling their business across North America, EMEA, APJ, and India. His core competencies include Strategic Sales, Business Development, Channel Sales, and building product partner ecosystems. In his previous assignment, Durga played a key role in building the SAP Alliance & Ecosystems business globally for Tech Mahindra.

As EVP & Head of Global Sales, Durga will drive coMakeIT’s Global Sales & Ecosystem Strategy. Speaking on the occasion, he stated:

“coMakeIT is ideally positioned to leverage the challenges and opportunities of digital disruption. With its unique co-creation model of building software IP, and a strong portfolio of product engineering and application modernization services, coMakeIT is on the cusp of exponential growth, and I am excited to be a part of its next phase of evolution.”

With its exclusive focus on serving the continuously evolving needs of software-driven businesses, coMakeIT is relied upon as a strategic partner by numerous innovative software companies from Netherlands, UK, and Australia, in diverse domains including BFSI, Logistics, Fleet Management, ERP, and Education etc. coMakeIT is investing to build and further enhance its capabilities in application modernization, which has enormous potential across varied domains and geographies including ANZ, and North America. coMakeIT also offers advanced capabilities in emerging technologies, which help its customers accelerate their product innovation and reduce the risk of technology adoption.

SOURCE: EuropaWire

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Web & Mobile Accelerator program seeks startups in sharing economy, new financial services, productivity tools, edtech, and software development tools

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Amsterdam, NL, 05-Dec-2016 — /EPR INTERNET NEWS/ — Rockstart, the world’s greatest startup machine, announces applications are open for the 6th Web & Mobile Accelerator program. The program begins on March 1, 2017 and lasts for 150 days. Rockstart supports entrepreneurs with a strong purpose by connecting them with the brightest minds in the industry, including experienced mentors, successful founders, and investors.

Program Director Rutger van Waveren remarks, “When considering founders for the Accelerator, we look for a great team with a well built product that focuses on a problem worth solving. In particular, this year we’re looking for startups who are working to solve big problems under the banner of technology that lets us live meaningful lives: sharing economy, new financial services, productivity tools, making education better, and tools that make software development more efficient and accessible. We’re also interested in ideas to enable the company of the future such as tools that make companies more effective and efficient, creating better logistics systems, 3D printing and computer security. Teams should be able to make use of the latest technologies such as AI, blockchain technology and sensors.”

WEB & MOBILE ALUMNI
Rockstart Web & Mobile startups like 3D Hubs, Peerby, Wercker, Deskbookers and many more have created successful businesses across a variety of B2C and B2B categories. 2016 graduates include Otly!, a bank for kids and their parents and winner of the UberPitch award, which led to funding by Uber. TIQ, a time-tracking solution for the enterprise, won the Exact Software Emerging App of the Year award and was mentioned by the Financieele Dagblad and Lawyer magazine as one of the best startups in the area of legal tech. Surance helps people get more out of their savings by making professional asset management easy and accessible for everybody. Two leading financial institutions have chosen Surance as their exclusive provider for robo-advice technology. To learn more about all the alumni of the Web & Mobile program, please check our website.

HOW TO APPLY
Rockstart’s 2017 Web & Mobile Accelerator will be accepting applications until January 15, 2017 and the program begins March 1, 2017 in the center of Amsterdam. For more information, please take a look at our stats.

Apply now!

SOURCE: EuropaWire