FreightOpt provides a cloud‑native logistics platform that applies deterministic and stochastic routing algorithms to produce cost‑optimal multimodal shipment plans across road, rail, ocean, and air. The system integrates real‑time carrier data via APIs and EDI, offers predictive cost modeling and scenario simulation, and delivers KPI dashboards for corporate shippers, third‑party logistics providers, and freight forwarders.
Funding
Funding not disclosed
Founders
Product
Problem
Enterprises with dispersed manufacturing sites and retail outlets often rely on manual planning or legacy TMS tools that cannot process the combinatorial complexity of multimodal freight networks. This leads to suboptimal routing, inflated transportation spend, and missed delivery windows.
Solution
FreightOpt delivers a cloud‑native logistics platform that applies deterministic and stochastic routing algorithms to generate cost‑optimal shipment plans across road, rail, ocean, and air modes. The system continuously ingests carrier capacity, rate, and ETA feeds via API, enabling real‑time recalculation of routes as market conditions shift. Predictive analytics model fuel price volatility and demand forecasts to surface proactive cost‑saving opportunities. Users interact through an intuitive web dashboard or integrate directly with ERP/TMS via RESTful and EDI connectors, allowing automated execution of optimized freight orders. The platform also provides audit‑ready compliance checks and exception alerts to keep shipments on schedule.
Target Audience
Primary customers are corporate shippers, third‑party logistics providers, and freight forwarders that manage high‑volume, multimodal freight across regional and global supply chains.
Features
- Hybrid optimization engine combining mixed‑integer linear programming with heuristic meta‑search for near‑real‑time solution generation
- Real‑time carrier data integration (rates, capacity, ETAs) through standardized APIs and EDI 204/990 formats
- Predictive cost modeling that incorporates fuel price indices, seasonal demand patterns, and carrier reliability scores
- Multimodal mode selection engine that evaluates road, rail, ocean, and air options against carbon and cost constraints
- Scenario simulation tool for “what‑if” analysis of volume spikes, carrier disruptions, or tariff changes
- Interactive KPI dashboard with lane utilization, cost per mile, on‑time performance, and carbon‑emission metrics, plus automated exception notifications via email or webhook