Executive Briefings

Internet of Things Brings Greater Visibility to Ocean Shipping

The ocean shipping industry has traditionally used EDI for shipment tendering, booking and milestone tracking. A new solution has emerged that leverages near real time vessel tracking data to improve shipment planning and tracking.

Internet of Things Brings Greater Visibility to Ocean Shipping

The Internet of Things (IoT) is nothing new in logistics. In the logistics space, for example, we’ve been taking RF scans and using that data to improve warehouse processes since at least 1975. Internet protocols make it easier to communicate sensor data to applications, which has led to better and cheaper applications. And, in ocean shipping, IoT data has long existed. However, it was not being leveraged to improve visibility and carrier scheduling.

In ocean, big carriers traditionally interacted with shippers and freight forwarders using EDI messages to update interested parties on estimated times of departures, estimated times of arrival, and other pertinent status messages (vessel arrived at port, container gated in, loaded and departed full, etc.)

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The Internet of Things (IoT) is nothing new in logistics. In the logistics space, for example, we’ve been taking RF scans and using that data to improve warehouse processes since at least 1975. Internet protocols make it easier to communicate sensor data to applications, which has led to better and cheaper applications. And, in ocean shipping, IoT data has long existed. However, it was not being leveraged to improve visibility and carrier scheduling.

In ocean, big carriers traditionally interacted with shippers and freight forwarders using EDI messages to update interested parties on estimated times of departures, estimated times of arrival, and other pertinent status messages (vessel arrived at port, container gated in, loaded and departed full, etc.)

Read Full Article

Internet of Things Brings Greater Visibility to Ocean Shipping