Cargonexx focusing on artificial intelligence

Two-thirds (65 per cent ) of 508 companies in logistics-related sectors and surveyed in May on behalf of Bitkom believe that self-learning systems will take over tasks such as planning routes or order procedures. Nine out of ten companies expect long-term cost cuts (89 per cent) and faster transport (86 per cent). Around three-quarters (72 per cent) expect fewer errors in the transport chain and 58 per cent more environment-friendly transport. The trends go hand in hand with developments among start-ups in the logistics sector. Matching carriers and free capacities The Hamburg-based Cargonexx counts among pioneers in the sector. The start-up aims to optimise supply and demand in truck transport and uses a “digital haulier” to avoid empty runs. It identifies free capacities and matches them to carriers using self-learning algorithms. “We can decide the prices of lorry transport using artificial intelligence,” said Rolf-Dieter Lafrenz, Managing Director of Cargonexx. Booking “one click trucking“ The constant analysis of hundreds of thousands of freight data allows the programme to learn how prices are formed. It calculates which lorries on a certain route have free capacities and estimates the costs of a run. Hauliers can book it in a click (one click trucking).…

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