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Day: 26 May 2023

IFOY Test Report: Continental AMR IL 1200

Posted on by David Priestman

In the run-up to the handing out of the IFOY Awards in Dortmund on June 22nd, we are running through all the 2023 finalists and share the verdict from the IFOY test conducted during the evaluation by an expert jury in March. Our next entry (alphabetically speaking) is the AMR IL 1200 from Continental Automotive Technologies GmbH.

Category: AGV / AMR

IFOY Test Report

The AMR IL 1200 automates the flow of materials in production plants, warehouses or logistics centres. The robust industrial truck is equipped with field-proven technologies: Lidar sensors for 360° detection of the environment, 3D camera systems, intelligent software and an optional ultra-wideband (UWB) transmitter for precise live tracking of the industrial truck in the fleet make the AMR a valuable device. The vehicle autonomously executes transport orders, can avoid obstacles and calculate alternative routes. An optional fleet management system can coordinate a larger fleet of AMRs.

The most important innovations of the AMR Il 1200 compared to its predecessor include an increase in travel speed to up to 2m/s, which enables even faster transport while maintaining the same level of safety. The prerequisites for this safety are created by an optimised sensor concept, which leads to an improvement in all-round protection. The optimised drive components and a reduction in the turning circle make the AMR IL 1200 even more agile and powerful than its predecessor. The company’s signature robustness and durability of the hardware combined with several new superstructures, including Cart, Load Module and Top Roller, ensure that unlike its predecessor, the AMR IL 1200 can be used for multiple applications. Other features of the industrial truck include a compact design and integrated lifting system for loads up to 1.2 tonnes.

On the course set up for the IFOY TEST DAYS, the Continental team deliberately kept the distance between the side walls at one of the transfer stations for the floor rollers (dimensions: 1,200 x 800mm), which serve as transport aids, small. In this way, the manufacturer wanted to show how precisely the autonomous industrial truck can drive into such stations.

IFOY test verdict: The AMR IL 1200 is designed for transporting loading aids in the manufacturing industry and logistics. The focus is on production logistics with heavy pallets, such as those found in the automotive industry. To broaden the application portfolio for the vehicle, various superstructures and load handling attachments are available. The compact and modern design should also be emphasised. The technical equipment allows mixed traffic with other industrial trucks and people. Calculations by the manufacturer show that the efficiency gains achieved by using the AMR IL 1200 result in savings of up to 80% of operational costs in terms of in-house transport of loading equipment.

IFOY Innovation Check:

Market relevance: The AMR IL 1200 vehicle from Continental, which has been further developed based on a predecessor vehicle, automates the transport of floor rollers in the 1200x800mm format on which euro pallets, large load carriers or comparable load carriers are transported. The market for this type of transport, correctly located by Continental itself in the production logistics of the automotive industry and the metal processing industry, has great relevance there. However, transports with floor rollers of this format are by no means used in all companies, which is why the market relevance is only rated as balanced.

Customer benefit: The manoeuvrability of the vehicle enables good user benefits. In addition, the user benefits from the vehicle’s extensive sensory equipment, which leads to the expectation of robust and trouble-free operation, as the impressive demonstration on the IFOY TEST DAYS exhibition floor showed. With the vehicle’s steering software, the functionality can be well adapted to different operational environments and tasks.

Novelty / Innovation: In the vehicle class for transporting floor rollers with pallets, a larger number of solutions are available on the market. The particularly flat and compact design combined with the multiple monitoring of the driving area, also above the scan level of the safety sensors, give the vehicle a good level of novelty that makes it stand out in the named market segment.

Functionality / Type of implementation: The AMR IL 1200 performs transport tasks reliably and also offers autonomy functions to avoid obstacles on blocked sections. The load pick-up and load delivery are solidly designed. The approaches to specified sources and sinks of a transport network require more driving surface than an area-moving vehicle with the implemented three-wheel chassis but were reliably demonstrated in the demonstration operation.

Verdict: Vehicles like the IL 1200 have a market but transports with floor rollers in the 1200x800mm format are by far not used in all companies. The manoeuvrability of the vehicle provides good benefits for the users. In this flat form combined with the good manoeuvrability, the vehicle is new and offers good functions for the user.

Market relevance Ø
Customer benefit +
Novelty / Innovation +
Functionality / Type of implementation +
KEY: ++ very good / + good / Ø balanced / – less / – – not available}

 

IFOY Test Report: Continental AMR IL 1200

Posted on by David Priestman

In the run-up to the handing out of the IFOY Awards in Dortmund on June 22nd, we are running through all the 2023 finalists and share the verdict from the IFOY test conducted during the evaluation by an expert jury in March. Our next entry (alphabetically speaking) is the AMR IL 1200 from Continental Automotive Technologies GmbH.

Category: AGV / AMR

IFOY Test Report

The AMR IL 1200 automates the flow of materials in production plants, warehouses or logistics centres. The robust industrial truck is equipped with field-proven technologies: Lidar sensors for 360° detection of the environment, 3D camera systems, intelligent software and an optional ultra-wideband (UWB) transmitter for precise live tracking of the industrial truck in the fleet make the AMR a valuable device. The vehicle autonomously executes transport orders, can avoid obstacles and calculate alternative routes. An optional fleet management system can coordinate a larger fleet of AMRs.

The most important innovations of the AMR Il 1200 compared to its predecessor include an increase in travel speed to up to 2m/s, which enables even faster transport while maintaining the same level of safety. The prerequisites for this safety are created by an optimised sensor concept, which leads to an improvement in all-round protection. The optimised drive components and a reduction in the turning circle make the AMR IL 1200 even more agile and powerful than its predecessor. The company’s signature robustness and durability of the hardware combined with several new superstructures, including Cart, Load Module and Top Roller, ensure that unlike its predecessor, the AMR IL 1200 can be used for multiple applications. Other features of the industrial truck include a compact design and integrated lifting system for loads up to 1.2 tonnes.

On the course set up for the IFOY TEST DAYS, the Continental team deliberately kept the distance between the side walls at one of the transfer stations for the floor rollers (dimensions: 1,200 x 800mm), which serve as transport aids, small. In this way, the manufacturer wanted to show how precisely the autonomous industrial truck can drive into such stations.

IFOY test verdict: The AMR IL 1200 is designed for transporting loading aids in the manufacturing industry and logistics. The focus is on production logistics with heavy pallets, such as those found in the automotive industry. To broaden the application portfolio for the vehicle, various superstructures and load handling attachments are available. The compact and modern design should also be emphasised. The technical equipment allows mixed traffic with other industrial trucks and people. Calculations by the manufacturer show that the efficiency gains achieved by using the AMR IL 1200 result in savings of up to 80% of operational costs in terms of in-house transport of loading equipment.

IFOY Innovation Check:

Market relevance: The AMR IL 1200 vehicle from Continental, which has been further developed based on a predecessor vehicle, automates the transport of floor rollers in the 1200x800mm format on which euro pallets, large load carriers or comparable load carriers are transported. The market for this type of transport, correctly located by Continental itself in the production logistics of the automotive industry and the metal processing industry, has great relevance there. However, transports with floor rollers of this format are by no means used in all companies, which is why the market relevance is only rated as balanced.

Customer benefit: The manoeuvrability of the vehicle enables good user benefits. In addition, the user benefits from the vehicle’s extensive sensory equipment, which leads to the expectation of robust and trouble-free operation, as the impressive demonstration on the IFOY TEST DAYS exhibition floor showed. With the vehicle’s steering software, the functionality can be well adapted to different operational environments and tasks.

Novelty / Innovation: In the vehicle class for transporting floor rollers with pallets, a larger number of solutions are available on the market. The particularly flat and compact design combined with the multiple monitoring of the driving area, also above the scan level of the safety sensors, give the vehicle a good level of novelty that makes it stand out in the named market segment.

Functionality / Type of implementation: The AMR IL 1200 performs transport tasks reliably and also offers autonomy functions to avoid obstacles on blocked sections. The load pick-up and load delivery are solidly designed. The approaches to specified sources and sinks of a transport network require more driving surface than an area-moving vehicle with the implemented three-wheel chassis but were reliably demonstrated in the demonstration operation.

Verdict: Vehicles like the IL 1200 have a market but transports with floor rollers in the 1200x800mm format are by far not used in all companies. The manoeuvrability of the vehicle provides good benefits for the users. In this flat form combined with the good manoeuvrability, the vehicle is new and offers good functions for the user.

Market relevance Ø
Customer benefit +
Novelty / Innovation +
Functionality / Type of implementation +
KEY: ++ very good / + good / Ø balanced / – less / – – not available}

 

Infor Benefits Food & Beverage Industry

Posted on by David Priestman

Infor, the industry cloud company, has formed a partnership with Ivy Mobility to strengthen the solution ecosystem for consumer packaged goods (CPG), food and beverage manufacturing and distributing businesses requiring mobile solutions for direct store delivery (DSD), and merchandising and in-store operations.

Ivy Mobility offers intelligent route-to-market solutions for consumer goods manufacturers and distributors. The company supports DSD, merchandising and in-store activities with mobile solutions. Ivy Mobility is a modern cloud-based solution that fits well with Infor’s industry cloud platform. Ivy Mobility has its head office in Singapore and has operations in North America, Europe, Asia, the Middle East, and Latin America. The company has operations in 57+ countries.

“Infor has more than 1,000 food and beverage manufacturing and distributing customers, many of which are in markets and product categories that are delivered directly to stores and other points of sale, such as bars, restaurants, schools, hospitals, and fuel stations,” says Marcel Koks, Infor’s industry and product strategist for the food & beverage industry. “This sales channel requires advanced and easy-to-use mobile solutions for the workforce on the road and in the stores that are available on- and offline.”

Ivy Mobility and Infor CloudSuite Food & Beverage are complementary software solutions. Infor CloudSuite Food & Beverage manages the customer and product master data, sales order entry, warehousing and accounts receivable. Ivy Mobility covers the execution of route deliveries, van sales, taking field orders and returns, accepting credit card payments, as well as executing merchandising and in-store activities. Ivy Mobility also supports route and visit planning, van load and end-of-day van stock reconciliation.

“Ivy Mobility is excited to partner with Infor and give our 100+ global CPG customers access to the combined portfolio of solutions. As our industry looks to adapt and excel in a post-COVID world, there is a growing need for partnerships between best-in-class solutions,” says Douglas Remick, senior sales director and global partnership lead at Ivy. “With this partnership, CPG companies around the world can access clear and organised information in real time, enabling the frontline to execute at a much higher level.”

Infor Benefits Food & Beverage Industry

Posted on by Keith McKinley

Infor, the industry cloud company, has formed a partnership with Ivy Mobility to strengthen the solution ecosystem for consumer packaged goods (CPG), food and beverage manufacturing and distributing businesses requiring mobile solutions for direct store delivery (DSD), and merchandising and in-store operations.

Ivy Mobility offers intelligent route-to-market solutions for consumer goods manufacturers and distributors. The company supports DSD, merchandising and in-store activities with mobile solutions. Ivy Mobility is a modern cloud-based solution that fits well with Infor’s industry cloud platform. Ivy Mobility has its head office in Singapore and has operations in North America, Europe, Asia, the Middle East, and Latin America. The company has operations in 57+ countries.

“Infor has more than 1,000 food and beverage manufacturing and distributing customers, many of which are in markets and product categories that are delivered directly to stores and other points of sale, such as bars, restaurants, schools, hospitals, and fuel stations,” says Marcel Koks, Infor’s industry and product strategist for the food & beverage industry. “This sales channel requires advanced and easy-to-use mobile solutions for the workforce on the road and in the stores that are available on- and offline.”

Ivy Mobility and Infor CloudSuite Food & Beverage are complementary software solutions. Infor CloudSuite Food & Beverage manages the customer and product master data, sales order entry, warehousing and accounts receivable. Ivy Mobility covers the execution of route deliveries, van sales, taking field orders and returns, accepting credit card payments, as well as executing merchandising and in-store activities. Ivy Mobility also supports route and visit planning, van load and end-of-day van stock reconciliation.

“Ivy Mobility is excited to partner with Infor and give our 100+ global CPG customers access to the combined portfolio of solutions. As our industry looks to adapt and excel in a post-COVID world, there is a growing need for partnerships between best-in-class solutions,” says Douglas Remick, senior sales director and global partnership lead at Ivy. “With this partnership, CPG companies around the world can access clear and organised information in real time, enabling the frontline to execute at a much higher level.”

Transaid Extends Work with FIA Foundation

Posted on by David Priestman

Transaid has secured an extension of its work funded by global road safety philanthropy the FIA Foundation, to lead the second phase of a project to establish a National Helmet Wearing Coalition in Kenya, using its extensive experience in motorcycle and motorised three-wheeler safety.

Priorities for a new 13-month term are to secure the long-term future of the Coalition and cement Kenyan ownership of this initiative, whilst strengthening the implementation of the existing Kenyan Helmet Standard through improved enforcement capacity.

This will see Transaid continuing to work with local stakeholders to increase awareness amongst motorcycle users around the importance of wearing a quality helmet, as well as securing additional funding to broaden the short and medium-term impact of the Coalition.

Sam Clark, Head of Programmes at Transaid, says: “Research during the first phase of the project revealed that up to 40% of road traffic fatalities in Kenya were linked to the use of motorcycles and motorcycle taxis, and that helmet prevalence was low amongst motorcycle users. We will now be focused on building the capacity of relevant authorities to strengthen implementation of the current Kenyan Helmet Standard, while also equipping motorcycle users with an improved sense of what constitutes a poor quality and a good quality helmet.”

Aggie Krasnolucka, Programmes Director of the FIA Foundation, explains: “The FIA Foundation is excited to support the second phase of the Kenya Helmet Wearing Coalition with Transaid. This exciting new chapter will build on the data and relationships to advocate for improved legislation and strengthened enforcement of certified helmets as well as wider public awareness.”

Official figures released in 2018* showed there were approximately 1.4 million motorcycles used as taxis – known as ‘boda bodas’ – in urban and rural areas across Kenya. While the country already has a compulsory motorcycle helmet use law, enforcement is largely inconsistent and helmet use is low – despite research which shows a motorcycle helmet can reduce the risk of death by 42% and risk of head injury by 69% in a crash.

Clark adds: “Road traffic crashes continue to constitute a global health crisis, and the consequences are disproportionately felt in low and middle-income countries. This initiative aims to directly reduce injury and death on Kenya’s roads, benefitting a broad audience, including riders and their fare-paying passengers.”

Whilst Kenya is the first country where the FIA Foundation’s Helmet Wearing Coalition is being implemented, Transaid plans to share its learnings from the project with organisations and clubs worldwide that are working towards the same aim of improving motorcycle and three-wheeler safety.

*Source: Directorate of Registration and Licensing at the National Transport and Safety Authority (NTSA), reported there were 1,393,290 registered motorcycles in Kenya in February 2018.

Transaid Extends Work with FIA Foundation

Posted on by David Priestman

Transaid has secured an extension of its work funded by global road safety philanthropy the FIA Foundation, to lead the second phase of a project to establish a National Helmet Wearing Coalition in Kenya, using its extensive experience in motorcycle and motorised three-wheeler safety.

Priorities for a new 13-month term are to secure the long-term future of the Coalition and cement Kenyan ownership of this initiative, whilst strengthening the implementation of the existing Kenyan Helmet Standard through improved enforcement capacity.

This will see Transaid continuing to work with local stakeholders to increase awareness amongst motorcycle users around the importance of wearing a quality helmet, as well as securing additional funding to broaden the short and medium-term impact of the Coalition.

Sam Clark, Head of Programmes at Transaid, says: “Research during the first phase of the project revealed that up to 40% of road traffic fatalities in Kenya were linked to the use of motorcycles and motorcycle taxis, and that helmet prevalence was low amongst motorcycle users. We will now be focused on building the capacity of relevant authorities to strengthen implementation of the current Kenyan Helmet Standard, while also equipping motorcycle users with an improved sense of what constitutes a poor quality and a good quality helmet.”

Aggie Krasnolucka, Programmes Director of the FIA Foundation, explains: “The FIA Foundation is excited to support the second phase of the Kenya Helmet Wearing Coalition with Transaid. This exciting new chapter will build on the data and relationships to advocate for improved legislation and strengthened enforcement of certified helmets as well as wider public awareness.”

Official figures released in 2018* showed there were approximately 1.4 million motorcycles used as taxis – known as ‘boda bodas’ – in urban and rural areas across Kenya. While the country already has a compulsory motorcycle helmet use law, enforcement is largely inconsistent and helmet use is low – despite research which shows a motorcycle helmet can reduce the risk of death by 42% and risk of head injury by 69% in a crash.

Clark adds: “Road traffic crashes continue to constitute a global health crisis, and the consequences are disproportionately felt in low and middle-income countries. This initiative aims to directly reduce injury and death on Kenya’s roads, benefitting a broad audience, including riders and their fare-paying passengers.”

Whilst Kenya is the first country where the FIA Foundation’s Helmet Wearing Coalition is being implemented, Transaid plans to share its learnings from the project with organisations and clubs worldwide that are working towards the same aim of improving motorcycle and three-wheeler safety.

*Source: Directorate of Registration and Licensing at the National Transport and Safety Authority (NTSA), reported there were 1,393,290 registered motorcycles in Kenya in February 2018.

NEXT Streamlines Order Processing

Posted on by David Priestman

Geek+, a global leader in mobile robots for logistics, and NEXT, the British multinational clothing, footwear and home products retailer, have announced the success of their automation collaboration in NEXT’s Dearne Valley Pallet fulfilment centre. In 45,000 sq m of warehouse space, 250 Geek+ robots handle both goods-to-person picking and order sorting processes for NEXT’s e-commerce operations.

Faced with high demand and operating in the volatile fashion industry, NEXT decided to streamline its processes and scale up efficiently to meet new customer requirements. To achieve this goal, it  has sought efficient solutions including selecting Geek+ as its robotic warehouse automation partner. The hybrid “Pick-and-Sort” solution is the result of the successful co-development process between the two companies.

Liam Jenkinson, Site Manager at NEXT, said: “Working with Geek+ has been a positive experience for us, both from the start and with the ongoing support provided. The flexibility offered by Geek+’s picking and sortation system is critical to our operations, and the integration between our Warehouse Management System and Geek+’s Robot Management System is seamless. As our business continues to expand, we are planning to extend the warehouse and replicate the success of this project in the new space.”

NEXT Manages Wide Variety of Products

The process begins with the Geek+ P800 picking robots, which retrieve the pallets from the pallet transfer area and move them to the storage area for picking. Once a picking order is initiated, the robot transports the rack to a multifunctional workstation that is utilised for both the picking and sorting procedures. Once the picking is completed, the operator deposits the item onto the S20T sorting robot. The S20T robot then transfers the goods to the designated chute for the depot, while the parcel heads downstairs for packing. The flexibility of the Geek+ solution enables NEXT to manage a wide variety of products that differ in size, weight, and velocity of sale.

With this solution, NEXT can process 16,000 units per day. According to NEXT, the efficiency of the automated process is twice that of manual picking.

Brian Lee, VP of EMEA Region at Geek+, said: “NEXT is a visionary customer that placed their trust in us. We are proud to have fulfilled our promise and provided NEXT’s warehouse with our intelligent and flexible warehouse automation solutions. We are eager to replicate it in more warehouses across the UK, Europe, and around the global.”

This improved efficiency has not only enabled NEXT to handle a record volume during the last Christmas season without requiring additional labour, but it has also allowed it to push the cut-off time from 18:00 to 22:00 while still meeting its next day delivery promise. One of the advantages of the Geek+ solution is its scalability. To meet its growing demand, NEXT introduced 50 additional S20T robots earlier this year.

 

NEXT Streamlines Order Processing

Posted on by David Priestman

Geek+, a global leader in mobile robots for logistics, and NEXT, the British multinational clothing, footwear and home products retailer, have announced the success of their automation collaboration in NEXT’s Dearne Valley Pallet fulfilment centre. In 45,000 sq m of warehouse space, 250 Geek+ robots handle both goods-to-person picking and order sorting processes for NEXT’s e-commerce operations.

Faced with high demand and operating in the volatile fashion industry, NEXT decided to streamline its processes and scale up efficiently to meet new customer requirements. To achieve this goal, it  has sought efficient solutions including selecting Geek+ as its robotic warehouse automation partner. The hybrid “Pick-and-Sort” solution is the result of the successful co-development process between the two companies.

Liam Jenkinson, Site Manager at NEXT, said: “Working with Geek+ has been a positive experience for us, both from the start and with the ongoing support provided. The flexibility offered by Geek+’s picking and sortation system is critical to our operations, and the integration between our Warehouse Management System and Geek+’s Robot Management System is seamless. As our business continues to expand, we are planning to extend the warehouse and replicate the success of this project in the new space.”

NEXT Manages Wide Variety of Products

The process begins with the Geek+ P800 picking robots, which retrieve the pallets from the pallet transfer area and move them to the storage area for picking. Once a picking order is initiated, the robot transports the rack to a multifunctional workstation that is utilised for both the picking and sorting procedures. Once the picking is completed, the operator deposits the item onto the S20T sorting robot. The S20T robot then transfers the goods to the designated chute for the depot, while the parcel heads downstairs for packing. The flexibility of the Geek+ solution enables NEXT to manage a wide variety of products that differ in size, weight, and velocity of sale.

With this solution, NEXT can process 16,000 units per day. According to NEXT, the efficiency of the automated process is twice that of manual picking.

Brian Lee, VP of EMEA Region at Geek+, said: “NEXT is a visionary customer that placed their trust in us. We are proud to have fulfilled our promise and provided NEXT’s warehouse with our intelligent and flexible warehouse automation solutions. We are eager to replicate it in more warehouses across the UK, Europe, and around the global.”

This improved efficiency has not only enabled NEXT to handle a record volume during the last Christmas season without requiring additional labour, but it has also allowed it to push the cut-off time from 18:00 to 22:00 while still meeting its next day delivery promise. One of the advantages of the Geek+ solution is its scalability. To meet its growing demand, NEXT introduced 50 additional S20T robots earlier this year.

 

TEG Launches ‘Industry-First’ Transport Data Service

Posted on by David Priestman

Transport Exchange Group (TEG), a leading UK online freight exchange platform, is helping its members to operate more dynamically and competitively in a highly volatile marketplace with the launch of what it describes as an ‘industry-first’ load pricing data service. Price Per Mile (PPM) will offer simple, timely and accurate insight into changing road transport rates for the first time, so hauliers, couriers and owner drivers can better shape their pricing strategies in real-time.

“The road transport sector has faced a period of unprecedented instability over the past few years because of multiple economic factors such as Brexit, COVID, driver shortages, and the war in Ukraine,” explains Lyall Cresswell, CEO of Transport Exchange Group. “The resulting impact on small-and mid-sized operators in terms of pricing strategy and capacity planning has been significant, so we have launched PPM to provide our members with the business intelligence needed to compete and grow.”

PPM can be tailored by both postcode and vehicle type to provide a weekly update of average, high and low pricing data into and out of a specified area. The aggregated and anonymised information is calculated using data from millions of transactions. The service was initially launched as a pilot involving owner drivers, but it has now been rolled out to all members of the Haulage Exchange and Courier Exchange, with self-service functionality soon to be introduced to simplify the order and delivery process.

PPM follows the introduction of the TEG Road Transport Price Index in November 2021, which provides a monthly, macro-level summary of pricing and market trends to industry operators and policymakers alike. This valuable and validated insight tracks changes in the marketplace using a unique data set, based on many thousands of different freight buyer and seller combinations that that take place on TEG’s online freight exchange platform.

“We are investing heavily in data science as we continue to enhance the functionality and guidance available on our platform. By constantly innovating we can add value to our members and give them the business and operational tools needed to operate profitably and focus on what they do best,” concludes Cresswell.

 

TEG Launches ‘Industry-First’ Transport Data Service

Posted on by David Priestman

Transport Exchange Group (TEG), a leading UK online freight exchange platform, is helping its members to operate more dynamically and competitively in a highly volatile marketplace with the launch of what it describes as an ‘industry-first’ load pricing data service. Price Per Mile (PPM) will offer simple, timely and accurate insight into changing road transport rates for the first time, so hauliers, couriers and owner drivers can better shape their pricing strategies in real-time.

“The road transport sector has faced a period of unprecedented instability over the past few years because of multiple economic factors such as Brexit, COVID, driver shortages, and the war in Ukraine,” explains Lyall Cresswell, CEO of Transport Exchange Group. “The resulting impact on small-and mid-sized operators in terms of pricing strategy and capacity planning has been significant, so we have launched PPM to provide our members with the business intelligence needed to compete and grow.”

PPM can be tailored by both postcode and vehicle type to provide a weekly update of average, high and low pricing data into and out of a specified area. The aggregated and anonymised information is calculated using data from millions of transactions. The service was initially launched as a pilot involving owner drivers, but it has now been rolled out to all members of the Haulage Exchange and Courier Exchange, with self-service functionality soon to be introduced to simplify the order and delivery process.

PPM follows the introduction of the TEG Road Transport Price Index in November 2021, which provides a monthly, macro-level summary of pricing and market trends to industry operators and policymakers alike. This valuable and validated insight tracks changes in the marketplace using a unique data set, based on many thousands of different freight buyer and seller combinations that that take place on TEG’s online freight exchange platform.

“We are investing heavily in data science as we continue to enhance the functionality and guidance available on our platform. By constantly innovating we can add value to our members and give them the business and operational tools needed to operate profitably and focus on what they do best,” concludes Cresswell.

 

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