PSA Singapore (PSA), with the support of Enterprise Singapore, has developed OptETruck, a proprietary cloud-based transport management solution which uses artificial intelligence (AI) to facilitate smarter trip planning and eliminate operational inefficiencies for the haulier community in Singapore.
According to the company, this will help hauliers improve asset utilisation, reduce carbon emissions, as well as optimise operating costs.
OptETruck offers automated scheduling, which is enabled by a real-time resource-matching algorithm and predictive modelling to maximise resource utilisation.
Through this, OptETruck can match and recommend jobs so that hauliers are able to reduce the number of empty trips made across various supply chain nodes. Another important feature of OptETruck is asset pooling.
In fact, multiple haulier companies have already onboarded OptETruck and with the two key features, they have been able to reduce empty truck trips by over 50%.
This translates to an annual reduction of about 10 million kg of CO2 emissions.
PSA noted that together with its two other digital solutions (SmartBooking™ and iBOX™), aims to create “an intelligent logistics ecosystem to digitally connect container terminals, depots, hauliers, and logistics facilities in Singapore.”
Seow Hwee, head of Port+ Business, PSA Southeast Asia, commented, “Harnessing the support from our partners and stakeholders, PSA seeks to proliferate these innovative digital capabilities to the small and medium-sized enterprises, which will elevate the competitiveness of the haulage community, drive greater business agility, and aid them to achieve their sustainability targets.”