Advanced analytics for the transportation industry.
With thousands of load tenders to consider, customer
commitments to be fulfilled, a fleet of assets to be balanced, and loads to be planned, it's
virtually impossible for trucking company employees to consistently make the best, most
profitable decisions.
And putting more screens with more
data
in front of
them is not the answer.
Fortunately, this is the exact type of problem that data
scientists are solving every day in many industries. By leveraging these same machine learning
and operations research platforms, trucking companies can now bring the power of analytics to
optimize their operations.
That's why we built Freight
Science
01
A systems approach.
02
Math, not magic.
03
Experience included.
04
Human-augmented artificial intelligence
Real-world Experience + Artificial Intelligence
01
A systems approach.
The challenge for most companies isn’t about having
enough data.
They are swimming in customer data, ELD data, driver data,
weather data, negotiated rates, market rates, and on and on. The challenge is combining all that
data into usable information and actionable insights.
To do this, you cannot consider the data or the decisions independently. The most optimal decisions
are derived by considering the entire, massively multi-dimensional system.
If you only accept the highest-revenue loads, you might not
meet your contractual commitments. If you only focus on commitments, you might not balance your assets
and end up with empty miles. Try to eliminate all empty miles, and you may not get your drivers back to their
home locations on time.
Account management, planning, fuel management, sales, and
logistics cannot operate independently. Rather than sub-optimizing each function, every
operational decision needs to consider the entire system.
That’s where the power of data science comes in. And it’s the
next logical step in the evolution of decision automation technology for our industry.
02
Math, not magic.
At the core of Freight Science are data science models
built specifically to address the operational needs of trucking companies.
By building mathematical models of the entire system - objection
functions and operational constraints - we can solve for the most desirable outcomes. This runs
on scalable cloud computing power and seamlessly incorporates the decisions back into your
existing systems.
While Artificial Intelligence may sound like science fiction or
an over-promised buzzword, this is the same technology that many industries are using to
modernize operations and create new, and differentiating capabilities.
Artificial Intelligence moves the world forward.
Supply Chain Management
Managing the flow of raw materials and products based on uncertain demand
Power Systems
Maintaining quality of service during outages
Streaming Video
Optimizing bandwidth usage while maintaining an appropriate level of quality
Airlines
Flight scheduling and crew assignments
Truck Fleet Management
Managing trucking fleets nationwide
03
Experience included.
Freight Science is custom-built for the trucking
industry.
But with so much industry hype on artificial intelligence, it’s
import to understand what it is and how it works.
While we’re using approaches and technologies proven to work in
other industries, we have tapped into the unique needs and challenges of transportation
companies.
Our data science models codify your in-house expertise. We
enable you to define the factors that matter most to you in order to tune the algorithms to your
needs. Don’t think of it as replacing human experience with computer decision-making. Instead,
it is capturing the decision-making of your best employees and broadly applying to all
decisions, all the time.
04
Human-augmented artificial
intelligence.
Our models draw on the best of human intelligence, baking
in real-world experience and wisdom.
Our approach to data science takes this knowledge and builds
on it. We can analyze the past, recommend for the present, and project the future - weighing
far more variables and possible outcomes than any humans could on their own.
This level of automation elevates - rather than replaces - the
value of your employee contributions. Rather than spending time repeatedly doing the manual
tasks of accepting orders and planning loads, they can focus on what they do best - providing
outstanding customer service.
Even better, as decisions are made and outcomes measured,
Freight Science continues to get smarter, right alongside your people. This leads to even
better decisions - and sustainable success.
Freight Science
It's
finally time for
technology to deliver on its promises in
the trucking industry.