Blume Global Introduces New Street Turns Solution for Ocean & Motor Carriers and IMCs
A hands-off and fully automated solution, Blume Street Turn provides unequaled optimization capabilities driven by cutting-edge machine learning algorithms
PLEASANTON, Calif., Oct. 26, 2020 /PRNewswire/ -- Blume Global, a leading provider of logistics and supply chain solutions empowered by the largest globally-connected network, today announced Blume Street Turns, a solution to optimize drayage operations and container utilization through the use of cutting-edge machine learning algorithms. Research from the Boston Consulting Group in 2018 found that street turns — where truck drivers match outbound moves from rail ramps with inbound moves to rail ramps, rather than repositioning empty containers for pickup — for domestic intermodal carriers could save 8 to 18.8 million miles per year depending on container constraints. Blume research concluded there are similar savings when moving from and to seaports by matching import moves with export moves.
Blume Street Turns significantly improves driver and truck utilization and increases turns while reducing congestion and CO2 emissions around ports and rail ramps. Blume Street Turns matches incoming imports with outgoing exports around marine terminals and outbound with inbound moves around rail ramps. The company's rich ecosystem of ocean freight forwarders, ocean carriers, dray carriers and intermodal marketing companies (IMCs) provides an extremely large volume of outbound and inbound moves significantly increasing the opportunity for street turns.
In addition to matching outbound with inbound moves for dray carriers, Blume supports using the same domestic or ISO marine container for the outbound and inbound moves. For example, a dray carrier can match an outbound move of a 53' domestic container from a rail ramp in Chicago to a distribution center in Indianapolis with an inbound move from Fort Wayne back to Chicago. The dray carrier will request approval from the IMC. Once approved, the dray carrier will execute the move saving time and gas costs while reducing CO2 emission and congestion around the rail ramp. The exact same scenario applies for import and export operations around marine terminals where dray carriers request approval from steamship lines.
Street Turns is available immediately as part of Blume's Asset Optimization suite which also includes:
- Intelligent Container Selection: forecasts demand and supply of containers at origin and destination locations enabling IMC's and domestic container owners to select between private container, pooled domestic container or pooled ISO/marine container for each move.
- Domestic Reload: enables steamship lines to reduce or eliminate the cost of returning containers from inland ports, via rail, by allowing IMCs and other domestic shippers to use the ISO/marine container for a domestic move.
"Traditionally, street turns are manual and difficult to coordinate, but with Blume Global, customers can enact a higher level of automation allowing for full optimization of the user's network," said Pervinder Johar, CEO, Blume Global. "The Blume Street Turn solution provides a competitive advantage by allowing customers to leverage decades of market leadership in international and domestic multi-modal logistics, as well as an established network of the largest ocean carriers, over 300 IMCs and thousands of drayage companies with our digital operating platform."
About Blume Global
From the world's largest global retailers, manufacturers and consumer products companies to the smallest owner-operator drayage trucking companies, success depends on end-to-end visibility and orchestration of global supply chain networks. Every move. Every mode. Every mile. With its AI-enabled, data-driven digital operating platform and solutions for supply chain orchestration, real-time visibility, logistics execution, asset management, optimization and financial audit & settlement, Blume Global leverages more than 25 years of data insights, its globally connected network, and advanced technologies to help enterprises be more agile and responsive, improve service delivery and reduce costs. Learn more at blumeglobal.com.
Media Contact
Jackie D'Andrea
InkHouse (for Blume Global)
781-820-5476
[email protected]
SOURCE Blume Global
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