Blue Yonder announced that SemiCab will provide a freight capacity optimization solution on Blue Yonder’s Luminate Platform, to help optimize the supply chain for shippers. Blue Yonder’s transportation management solution underpins SemiCab’s freight capacity optimization capabilities to help shippers access freight capacity at lower costs while improving carrier relationships.
With the new solution, SemiCab creates net new shared value by eliminating empty miles from long-haul transportation, leveraging network effects and advances in technology. SemiCab’s unique value distribution model reduces shippers’ freight costs by up to 10% while providing access to a large pool of capacity from carriers earning higher profits.
The new freight capacity optimization solution can be accessed through Blue Yonder’s Luminate Platform. Powered by Microsoft Azure, the Luminate Platform combines rich internal and external data from across a customer’s digital supply chain assets to allow for smarter, more actionable artificial intelligence (AI) and machine learning (ML)-based business decisions. For shippers, this enables end-to-end visibility for seamless integration into a freight marketplace. The solution can be adopted by any existing Blue Yonder transportation management customers with the added benefit of frictionless onboarding.
SemiCab offers a digital freight ecosystem built with the scalability required to predict and optimize millions of loads and hundreds of thousands of trucks. To create visibility, the company uses real-time data from API-based load tendering and pre-built integrations with TMS solutions including Blue Yonder, as well as ELD partners. To build fully loaded round trips, the company uses AI/ML predictions and proprietary optimization models.
“The full truckload freight market is highly fragmented and massively inefficient with 25% or more of the miles driven annually being empty, resulting in $100 billion of lost value,” said Ajesh Kapoor, CEO and founder, SemiCab. “Our expanded partnership with Blue Yonder to offer a freight capacity optimization solution to customers helps create transparency across the entire freight marketplace helping to drive efficiencies and profitability for shippers and carriers alike.”
Blue Yonder believes that supply chains can save the world and improve the sustainability of our planet. By reducing empty miles, this new solution also helps reduce carbon emissions. According to the Environmental Protection Agency, 28% of U.S. greenhouse gas emissions are generated by the transportation sector; a result of the fragmented and inefficient trucking market.
“We are excited to offer this new digital freight capacity optimization solution in partnership with SemiCab to help drive efficiencies and frictionless business for freight carriers and shippers in the marketplace. This is the first digital freight ecosystem offering their services on our Luminate Platform,” said Cary VandenAvond, president, Americas Manufacturing & 3PL, Blue Yonder. “Our Luminate Platform allows customers to make informed decisions based on real-time visibility to their supply chain. Combined with the solutions offered by SemiCab, shippers and carriers who use the new solution will see an immediate lift to their business.”