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12 B ULK D ISTRIBUTOR Asset Management November/December 2018 /ŶƚĞůůŝŐĞŶƚƚƌƵĐŬŝŶŐ H amburg-based Cargonexx is one of the European pioneers in the use of artifi cial intelligence in road transport. The truck transport company is currently working on the development of intelligent algorithms that constantly recalculate probabilities for transport capacities and automatically optimise themselves. This allows future tours to be forecast independently by the Cargonexx algorithm. Countless empty kilometres and long waiting times for transporters could soon be a thing of the past as a result of this innovation and can be largely prevented by the work of Cargonexx, the transport fi rm claims. The company has already received several European prizes and awards for the development of the concept to increase capacity utilisation towards predictive matching. “Many systems are currently available in Europe for reducing empty truck journeys,” says CEO Rolf-Dieter Lafrenz. “There are digital freight forwarders, freight exchanges, transport platforms – all have the same goal. But nobody goes as far and works as radically on route optimisation as we do. We are building Europe’s fi rst data-based intelligent transport network. Our work and vision are paying off, as we have already received several awards for them and are delighted about the Europe-wide appreciation and recognition for our company.” Self-learning algorithms and digitised process chains are the foundation for predicting prices and capacities for truck tours in seconds. Cargonexx is not only able to convince professional juries and experts, more and more users are also relying on the data technology and use of artifi cial intelligence. With its large transport network, the Hamburg-based company is getting closer to achieving a lasting solution to the problem of capacity utilisation in the long term. Over 5,000 transport companies with more than 70,000 trucks are currently registered on the platform. In this network, quantities and capacities will be automatically predicted in the future and merged into tour combinations. The aim is to achieve minimum empty truck journeys throughout Europe by permanently Cargonexx CEO Rolf-Dieter Lafrenz claims that his fi rm’s intelligent algorithms could soon make countless empty kilometres and long waiting times for transporters a thing of the past calculating the optimisation dependencies and automatically adapting the tours in the network. In March, the Cargonexx received the European Commission;s award for the best mobility start-up in Europe for its innovative business model. The Boston Consulting Group and Europcar were also represented on the expert jury. Previously, Cargonexx received the Spark Award – the German Digital Prize awarded by the SmartOne Solar business newspaper Handelsblatt and consulting company McKinsey, the ‘Trail Blazers Award’ of newspaper Süddeutsche Zeitung and the Polish Innovation Award for logistics companies. Cargonexx was also the only European trucking start-up among the fi nalists for the ‘Supply Chain Start-up Award Europe’. Founded in Hamburg in 2016, Cargonexx now operates in Germany, Austria, Denmark, Poland and the Baltic countries. TM SOLAR POWERED SATELLITE ASSET TRACKER The Globalstar SmartOne Solar is a solar-powered, low maintenance, satellite IoT device that provides remote monitoring and tracking delivered in near real-time on one of the most modern and fastest satellite networks in the world. By employing the SmartOne Solar, your company can streamline M2M operations, monitor and manage remote assets, deliver redundancy to terrestrial communications networks and help establish a competitive edge in today’s hyper-connected, global marketplace. VISIT US AT INTERMODAL EUROPE 2018, STAND E90 eu.Globalstar.com/BD