04/03/2022

Better utilization and capacity management

03/04/2022 | 4 min

Using a purpose-built AI to improve utilization and capacity management in full truck load logistics

Nexogen is now part of the Transporeon Transportation Management Platform, offering all carriers the functionality to reduce the impacts of empty runs and unprofitable waiting times. The purpose-built AI for road transport planning is now available through a single portal with full integrations with Transporeon Visibility Hub, Logit One, SupplyStack and the rest of the Transporeon modules. This will help carriers and asset owners to reduce their overall transportation costs and further digitize their logistics processes.

Nexogen is available to help any of the 145,000 carriers and asset owners in the Transporeon network to improve their utilization by optimizing the matching process between orders, trucks, drivers and itineraries. As regulations in the European Union become more complex in regards to the EU mobility packages, this tool helps carriers to address and incorporate the extra levels of regulatory complications to their planning processes. The AI-powered service assists fleet operators to take into account the totality of all the necessary information in their AI Planner and AI Operator to plan transports, improve utilization and manage capacity.

As part of the Transporeon Transportation Management Platform, the automating of planning and operating fleets can now be accessed within the context of a modular, agile and digitized service to drive even more value. Two immediate benefits for users include:

Improved Asset utilization

The Nexogen AI Planner module connects directly with your data in Transporeon to effortlessly support the matching of orders to trucks, drivers and itineraries based on real-time data. This helps support optimal asset utilization by planning around spot market data in addition to fleet data to guarantee the highest possible level of fleet utilization. Nexogen customer Waberer's used the same planning to help mitigate against EC561 regulations. By taking data directly from Transporeon, a global plan was able to be delivered to dispatchers automatically which in turn helped the loaded ration increase from 87% to 92%. This translates into huge reductions in empty runs and fuel costs.

Better Capacity Management

The Nexogen AI Operator used telematics data and real-time insights to better manage fleets. As part of the Transporeon Transportation Management Platform, Sixfold real-time visibility data can help augment this data to provide a complete view of the route. Through combining Sixfold ETA data with primary data sets from Nexogen like remaining hours of service & fuel consumption, users achieve a much more accurate and comprehensive view of their transport operations. Combined with other dispatcher-specific tools like Sixfold Fleet Monitor, it makes the process of managing capacity and working with a complete FTL itinerary more streamlined.

Greater Opportunities For Growth

Carriers with Nexogen will now be able to use the Transporeon Transportation Management Platform to receive spot transport offers directly from Transporeon, as well as find subcarriers for non-matching shipments. As the European road market becomes more competitive, this offers carriers an opportunity to find new loads that make sense for their business to generate extra revenues at the same time as the platform works to reduce their costs too.
 

Transporeon Transportation Management Platform

The Transporeon Transportation Management Platform is fully equipped to meet modern supply chain needs. Our robust capabilities include, market intelligence, freight procurement, matchmaking & transport execution, dock scheduling, yard management & visibility. To further support this 360° approach to transport procurement and execution, we also provide settlement, payment and audit capabilities. All of this is fully deployable across the globe for continent-spanning multi-modal coverage that can handle any load.

With over 1300 industrial shippers, more than 100 large retailers, and more than 145,000 carriers on our digital freight platform, we are driven to provide industry best digital process efficiency in logistics. Our goal is to help all stakeholders to see benefits in their sustainability, resilience, innovations and growth. At Transporeon, we are bringing your transportation in sync with the world.

About the author

András Ferenc Kóvac founded Nexogen in 2007 and remains the CEO after they joined the Transporeon family. Believing that there was a better, faster and more scalable way to plan and operate road transportation logistics drove András and his team to develop the industry’s most advanced on-demand optimization engine.

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