AMSTERDAM — In a significant move towards enhancing operational efficiency, Transmar, a leading Egyptian shipping company, has entered into a collaboration with Transmetrics, a pioneer in AI-driven logistics solutions. Leveraging cutting-edge Big Data and Artificial Intelligence technologies, Transmetrics’ predictive optimization platform is poised to revolutionize containerized cargo operations for Transmar, offering unprecedented insights and streamlining processes, according to a press release published on EuropaWire.
Transmar’s extensive operational footprint across Egypt, KSA, UAE, and Sudan positions the company as a key player in the regional shipping industry. With a legacy spanning four decades and a commitment to excellence, Transmar is poised to leverage Transmetrics’ AI solution to optimize decision-making and enhance planning capabilities.
Ahmed el Ahwal, Commercial Manager at Transmar, highlighted the transformative potential of Transmetrics’ AI platform, emphasizing its role in leveraging historical data and external factors to facilitate faster and smarter decision-making. By offering AI-driven forecasts up to 12 weeks into the future, Transmetrics empowers Transmar to optimize planning and repositioning strategies, mitigating volatility and ensuring operational agility.
The partnership comes at a time when the shipping industry grapples with the substantial costs associated with repositioning empty containers, estimated at €13 to 17 billion annually according to a study by the Boston Consulting Group (BCG). Transmetrics’ software provides daily rolling forecasts and system optimization tools, enabling Transmar to devise optimal repositioning plans while considering all relevant costs and business constraints.
Jon Fath, CEO of Transmetrics, expressed enthusiasm about the collaboration, highlighting the global momentum of the AI revolution in logistics. Fath emphasized the importance of combining AI capabilities with deep logistics expertise, noting that Transmetrics’ solution supports Transmar’s team in finding smarter asset repositioning strategies to meet evolving market demands.
Transmar’s partnership with Transmetrics marks a milestone in its quest for operational excellence, with the implementation of monitoring tools and automated forecasts resulting in improved asset turntime. Hossam Houta, Asset Manager at Transmar, lauded Transmetrics’ professional customer service and highlighted the forthcoming enhancements, including cabotage management functionality and a predictive management dashboard.
The collaboration between Transmar and Transmetrics underscores the transformative potential of AI-driven logistics solutions in optimizing supply chain operations and driving sustainable growth in the shipping industry.
For further inquiries, please contact Ahmed el Ahwal, Commercial Manager at Transmar, or visit Transmetrics’ website for more information on AI-powered logistics solutions.