In today's data-driven world, data is for many businesses as essential as the blood in our veins. Companies store a lot of data in all types of systems. Storing data is important, but storing low quality data makes it a useless effort. When we look at optimization packages, data is THE most important factor. Using data with low quality, equals non-usable outcomes of the optimization. Garbage in is garbage out. So, detecting that garbage and turning it into a valuable asset is an necessary first step. Data cleaning is a process that might require too much time but as experience grows, you get to know the quick sanity-checks that will often save a lot of time. Below we list some validations, ranging from 1-minute scans to deep analysis simulations.Read More
In our series of blogs about e-commerce, we have already discussed the impact and benefits of competitor cooperation. Today, resource sharing among competitors is a well-known phenomenon in many industries. For the highly competitive transport sector, optimized cooperation would be a market disruption that brings immense efficiency gains. We want to help the industry in reaching that potential.Read More
In 2019 the toll rates for trucks on the German roads increased significantly. For transport companies, this cost item is no longer negligible and it may be worthwhile to think carefully about the way in which you send transport through Germany.
The fact that the toll rates for trucks in Germany rose considerably on the 1st of January 2019 is primarily due to a budgetary reason. The German government is struggling with financial shortages for the construction and maintenance of roads and hopes to drive the gap with higher toll rates. In return foreign transport companies get a better infrastructure, but that is not the only explanation. The German government also charges costs for noise pollution and environmental impact in the new rates.Read More
In the past, we have already seen that planning manually is not sufficient in transport-based industries. A tool in support can help planners and reduce costs significantly by combining the planners’ expertise with route optimization algorithms. In our experience, the transport industry is not the only industry that can benefit from route optimization software. On top of that, we see that companies can rise their revenues, just by using the right tools.Read More
Companies like Tesla, Otto and Waymo have been working on autonomous trucks for years. In 2015, the first semi-autonomous truck was placed on the road by Mercedes-Benz. Self-driving trucks are expected to become the norm in the near future, but plenty of steps remain to be taken. The use of self-driving trucks could lead to an estimated $300 billion saving within the industry.Read More
Blockchain is one of today’s hottest technological hypes. While the transport sector may well derive value from this technology, we nonetheless better think twice before we go jumping on the bandwagon. To gain a better insight into the technology’s potential, we outline below the most important success factors and the pitfalls.
Given the cost for transport companies attached to the closure of motorway parking areas, you might just as well keep the parking areas open and invest in extra security. Let's have a look at the consequences of the detour that drivers make.
As a transport or distribution company, you are unfortunately not unfamiliar with the message that a shipment of goods will be delayed. Nonetheless, updates of the ‘Earliest Time of Arrival’ (ETA) also present some opportunities. Knowledge of the latest ETA offers chances to both the customer and the transporter, enabling the latter to design a number of meaningful services.Read More
Profit margins of 1% or operating at break-even are no exception in today's transport sector. Lowering these margins to offer lower rates is no longer an option. Change is needed and transport businesses are forced to explore new approaches for long term profitability. These improvements can range from low-hanging-fruit to reorganizations of entire businesses. When it comes to the latter, the need for change is evident but coming up with the right plan of attack is tricky. How to minimize the risks? How to get everyone aligned? How to quickly reap the benefits?
For many reasons, sometimes less obvious ones, we fancy the step-by-step approach, starting small. Let's highlight some of them.Read More
Customer requirements are evolving: the ecological footprint is a vital factor and cost decreases resulting from loosening restrictions can be an eye-opener. Turning this shift of focus into an opportunity forces transporters to examine alternative ways of transport when they want to stay ahead of competition on long distance orders.Read More