Passenger transportation has already seen anything from Uber and Lyft, to car-sharing. All this has not only reduced car emission, but also made passenger transportation more cost- and time-efficient.
If you try to find a way from point A to point B in Google Maps, with our “tracker” in hand, you have a pretty good range of options, all based on real-time data.
What happens in Cargo transportation today? Total chaos if you look at it in global scale. And yet sectors of the transportation industry as shipping is responsible for over 80% of world’s international trade, has not experienced much digital transformation until now.
With ocean shipping being the slowest mode of transport, as well as the least transparent one, due to its international coverage, it is very hard to talk of a cost- and time- efficient, seamless door-to-door transport. Inefficient and manual paper-based documentation flows, truck delays and time spent in search for an efficient shipping solution, all effect the final price of goods.
It is, however, true, that today’s transportation industry has to compete against the growing shift towards local production and 3D printing. Competition between companies has grown into competition against ecosystems. The continuous race for cost- and time-efficient product delivery forces the transportation industry to transform, helping the future ecosystem remain competitive, and the society we live in – attractive. This is, in fact, why block-chain for Supply chain is so important.
SHIPNEXT is a company that revolutionizes the Shipping sector under the leadership of Alexander Varvarenko. They decided to change shipping in particular, and transportation in general once and for all with their innovative approach.
They have received the “Best Shipping and Transportation Solution for Commodity Trade” award at the 2018 Global Grain Conference in Geneva, and seem to be on its way to a successful solution. It shows that the industry is on its way to digital future.
Today SHIPNEXT has patented its solution of processing e-mails and matching Cargo-to-Ship on a Digital Shipping Marketplace, and receives over 2000 freight requests each day.
“We succeeded due to 4 important factors.” – says Alexander Varvarenko, “first and foremost its a unique algorithm of instant and efficient Cargo-to-Ship matching, based on linear programming, a method of using mathematics to generate the best economic result through big-data analysis.
Because the international shipping and transport is still predominately done through e-mail, they have to developed a state-of-the-art natural language processing algorithm which processes all incoming data and emails, regardless of errors and typing mistakes, based on machine learning.
It is a first time this covers all sectors of shipping, including conventional, heavy and over-sized cargo and steel, as well as dry-bulk, wet-bulk and containers.
By using internal e-mail flows start generating instant and efficient shipping solutions to their customers from day one. This helped generate a critical mass of data, which is needed for efficient match-making on global scale.” Alexander Varvarenko is confident that it is a key to bringing efficiency to container transportation, and, eventually, courier services.
Alexander continues to say, “The transport industry finally understands, that building an isolated solution to solve a small task or a fraction of the whole transportation process is not going to work on the global scale. That is why all digital (complementary and competing) solution providers, trading and freight-trading platforms, transport infrastructure and service providers must interconnect. Not only will this allow traceability and build a reliable data-source related to transport, but it will allow to build a more reliable, real-time based, secure, cost- and price-efficient supply chain”.
This is why they have started interconnecting and getting into strategic alliance with other solution providers, like SEARATES – a leading marketplace for container logistics, AIRRATES, SPIRE – satellite and terrestrial data provider, AGROXY – an agricultural commodity marketplace, and many others, including insurance companies and banking platforms. All this will help launch a unique solution for world-wide cargo delivery regardless of its size and geographical location, based on bulk or containerized delivery, along with real-time pricing and multi-modal logistics solutions, by late 2019.
SHIPNEXT Marketplace – as a digital shipping marketplace, reverse freight-trading platform and an instant Cargo-to-Ship matching system. SHIPNEXT is also a perfect way to interconnect private freight trading platforms, such as TATA Group, BHP Billiton, Rio Tinto, Uralkali and others to Carriers/Brokers/Shipping companies with most suitable ships in position. SHIPNEXT also allows automated Charter party and Electronic Bill of Lading printing.
SHIPNEXT Freight Index – is an instantly generated freight index on any incoming cargo. It comes in addition to every Cargo to allow comparison with the freight offers received from Carriers/Brokers/Ship Owners.
SHIPNEXT Connect – an email plug in for Gmail and other emailing software, that allows instant email processing and a solution matching. The best suitable shipping solution is then seen in every incoming Cargo/Freight Request. And vise-versa, every incoming ship position would allow brokers see the best Cargo matches.
SHIPNEXT Supply Chain (coming in 2019) – a solution for instant evaluation of the most time and cost- efficient mode of transportation – with a conventional, dry-bulk vessel or in containers.This would resemble Google Maps, where every time you need to get somewhere, you receive routing and price evaluation and a comparison between different modes of transport.