AI-Powered Platform Revolutionizes Freight Emissions Tracking and Optimization
In a groundbreaking move for the logistics industry, a new AI-enabled platform has been launched to measure and optimize carbon emissions and freight performance across entire Australian freight networks. This innovative solution marks a significant step towards enhancing sustainability in the supply chain sector, offering businesses unprecedented visibility into their logistics operations.
The platform, known as DataVerse, aggregates previously siloed data from multiple sources, including non-company freight, to provide a comprehensive view of freight movements. By integrating with existing carbon analytics and performance analysis tools, it offers valuable insights into emissions and supply chain efficiency. This holistic approach allows businesses of all sizes to analyze their logistics network performance across the country, a crucial factor in maintaining competitiveness and meeting customer demands.
One of the key features of DataVerse is its ability to calculate overall freight information, achieving a single view of 100% of businesses’ freight movements. This total visibility over net emissions is particularly important as regulatory requirements for emissions reporting are set to tighten. The platform’s capabilities exceed government reporting requirements, enabling businesses to measure, identify, and reduce the impact of their shipments effectively.
The introduction of this technology comes at a critical time, as the logistics industry faces increasing pressure to decarbonize. With articulated trucks accounting for a disproportionate share of vehicle emissions, tackling inefficiencies in logistics can have a major immediate impact on reducing carbon footprints. The platform empowers businesses with the data needed to address carbon emissions, inefficiencies, and waste throughout their products’ journeys.
Technologies Used:
- AI-Enabled Platform: DataVerse uses artificial intelligence to analyze and optimize freight data across entire logistics networks.
- Carbon Analytics Platform (CAP): Provides granular data on road logistics emissions, measuring total CO2 emissions, average emissions per kilometer, and per shipment.
- Data Integration Systems: Aggregates data from multiple sources to create a comprehensive view of freight movements and emissions.
Companies Involved:
- Ofload: The leading digital freight provider in Australia that developed and launched the DataVerse platform.
- Remedy Drinks: A health drink producer serving as the first customer to pilot the DataVerse platform.
Sustainability Focus:
- Carbon Emissions Reduction: The platform enables businesses to track and optimize their carbon footprint across logistics operations, supporting the transition to low-emission supply chains.
- Supply Chain Efficiency: By providing comprehensive data analysis, the technology helps identify opportunities to consolidate freight shipments and reduce waste in the supply chain.
- Industry Accountability: DataVerse promotes transparency in the logistics industry, allowing businesses to compare performance between providers and drive overall improvements in sustainability practices.
SDGs Impacted:
- SDG 9 (Industry, Innovation and Infrastructure): The platform represents a significant innovation in freight logistics, promoting sustainable industrialization.
- SDG 13 (Climate Action): By enabling better tracking and reduction of carbon emissions in the freight sector, the technology directly contributes to climate change mitigation efforts.
- SDG 12 (Responsible Consumption and Production): The platform supports more sustainable management and efficient use of natural resources in the supply chain.
Geographic Focus: Australia
Industry Focus: Transportation and Logistics
Source: Retail World Magazine
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