SAN FRANCISCO, CA--(Marketwired - April 18, 2017) - ClearMetal, the predictive logistics company using machine learning and artificial intelligence (AI) technology to unlock new efficiencies for global trade, today announced an engagement with Nile Dutch, one of the world's top 25 container and breakbulk shipping companies, providing liner services between West African ports and Europe, South Africa, South America, North America and Asia.
"Managing fleet and container utilization against a backdrop of fluctuating demand in today's highly complex market can be challenging," said Mark Kraaijenbrink, Director Information and Communications Technology for Nile Dutch. "We are always seeking innovative solutions to gain a competitive edge and ClearMetal's machine learning technology for predictive logistics appears to provide a significant advantage over any other industry methods and tools we've seen."
Predictive logistics will enable Nile Dutch to improve container flow and vessel fleet utilization through advanced prediction of customer bookings and container flow movements. Nile Dutch will leverage ClearMetal's Data Intelligence Platform to:
- Make better sense of its supply chain data
- Deploy industry-tailored machine-learning based technology to predict logistics based on granular supply chain performance history, data and patterns
- Leverage deep simulation outputs to predict container supply and demand, and customer behaviors on the part of freight forwarders and shippers, earlier and with far greater accuracy than ever before
"ClearMetal's approach to harvesting data and overlaying advanced technology will quickly move us to the forefront in applying predictive logistics and AI to our commercial and operational activities," continued Kraaijenbrink. "This results in better service for customers and greater opportunities for us to grow."
"We are taking a fundamentally different approach to helping our customers understand and navigate the global trade network," said Adam Compain, CEO of ClearMetal. "We're excited to partner with Nile Dutch to deliver differentiated technology that further accelerates the company's growth and profitability, while becoming a more effective partner to its customers. Nile Dutch is a very forward looking company that shares our belief that the future of the supply chain will be about data intelligence over scale."
About Nile Dutch
Nile Dutch has grown to be in the top 25 largest container and breakbulk shipping companies. With over 30 years' experience, Nile Dutch focuses on creating links between Africa and the rest of the world, supporting businesses as they discover the opportunities the African continent offers. Its modern fleet of 30 ships allows Nile Dutch to offer short and reliable transit times to key destinations in the region at attractive rates. Customers can do business with Nile Dutch in their own language, as Nile Dutch has a large worldwide network of offices and an excellent customer service. From any one of its 85 offices and agencies around the world, including 19 within West Africa alone, Nile Dutch creates personal connections, listening to its customers and stakeholders and striving for operational excellence in every aspect of its business. To learn more, visit www.niledutch.com.
ClearMetal is a predictive logistics company that uses AI and machine learning to unlock new efficiencies for global trade. ClearMetal uses its Data Intelligence platform to organize logistics data, making it accessible via APIs and machine-intelligence ready, while industry-tailored machine learning and AI is layered on via various applications to deliver unprecedented predictive accuracy and profitability gains. Developed by top software engineers from Stanford University and Silicon Valley, ClearMetal's technology predicts nearly all events in the shipment cycle -- enabling asset allocation and trade management decisions that deliver tremendous value for carriers, forwarders, terminals, and shippers. Based in San Francisco, ClearMetal is advised by Ron Widdows and funded by the founders of Navis and GT Nexus, NEA, and the chairman of Google Eric Schmidt's venture firm. To learn more, visit www.clearmetal.com.
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