The Port of Los Angeles has announced a data tool for creating cargo forecasts up to six months in advance.
The “Horizon” announced by the port on Monday, July 19th can only be accessed by those who work and do business at the port. Developed in collaboration with rail technology company Wabtec, this tool uses historical and trend volume data from POLA’s digital portal, PortOptimizer, which tracks transportation data and facilitates more efficient freight flow. The algorithm is constantly being updated to improve forecasts for port cargo volumes.
The port’s secretary-general, Jean Seloka, said the data tool was the first of its kind.
“Data is an important resource in moving goods into the hands of consumers throughout the supply chain,” said Narinjain, President of Digital Electronics at Wabtec. “This is another step in our journey to connect railroads, chassis providers, truck drivers, warehousing operators, etc. throughout the supply chain with the insights needed to seamlessly move cargo in and out of ports. . “
Port freight owners, terminal operators, truck drivers, and interested parties import and export “especially in this historic freight surge” and “especially in this historic freight surge”. , Empty container, you can see the forecast of Serokasaod.
Last year, the country’s busiest port experienced two best-performing quarters, surpassing the eight-month record. The port processed 876,430 TEU (universal cargo measurements) in June, ending fiscal year 2021-22 with approximately 10.8 million TEU. This is the highest in 12 months at any port in the Western Hemisphere.
In May, the port became the first port in the Western Hemisphere, processing over 1 million TEUs in a month. The 1,012,248 TEU POLA processed in May was the most abundant in the port’s 114-year history.
“All key economic indicators suggest that US consumer spending will remain strong until the rest of 2021,” Seloka said last week. “Even if Americans return to airline travel, vacations, and face-to-face events, retail sales and e-commerce remain strong.”
Port stakeholders have access to the “horizon” of the port tower. Tower.portoptimizer.com.. The portal also includes a real-time view of truck turn times, truck capacity management information, 3-week incoming cargo confirmation, information on when and where to return empty containers, past quantities and trends up to 2017. I am.
LA Port announces new data tool that projects cargo six months in advance – Press Telegram Source link LA Port announces new data tool that projects cargo six months in advance – Press Telegram