LOOPT is an AI-powered platform that provides logistics technology for shipowners, logistics operators, and carriers. It uses advanced AI and Big Data analytics to model and predict transportation flows with high accuracy, helping overcome complex logistics challenges.
Funding
Funding not disclosed
Founders
Product
Problem
Shipowners, logistics operators, and carriers face challenges in predicting transportation flows accurately, leading to inefficiencies such as cargo rolling, ship idleness, and inaccurate yard management. Inefficient container terminal operations, where a large percentage of movements are unproductive, contribute to significant financial losses. Decentralized service management and a lack of data-driven decision-making further exacerbate these issues.
Solution
Loopt offers an AI-powered platform designed to optimize logistics operations for maritime and port environments. The platform uses machine learning to model and predict transportation flows, providing insights to mitigate risks associated with booking downfall, optimize container yard management, and improve overall efficiency. By connecting to existing systems, Loopt's solutions provide actionable recommendations for container placement, service distribution, and capacity planning. The goal is to reduce costs related to cargo rolling, minimize ship idleness, increase terminal productivity, and optimize asset utilization through AI-driven decision-making.
Target Audience
The primary target audience includes shipowners, logistics operators, and container terminals seeking to improve efficiency, reduce costs, and optimize asset utilization through AI-driven logistics solutions.
Features
- AI-powered prediction of booking downfall rates with over 90% accuracy, reducing costs associated with cargo rolling and ship idleness.
- Container yard optimization using AI to recommend container placement, minimizing unproductive movements.
- Integration with existing systems via plug-and-play architecture for rapid deployment and results.
- Customizable solutions tailored to specific system configurations and operational demands.
- Real-time analysis of hundreds of variables to optimize terminal operations.
- Web dashboard for monitoring key performance indicators (KPIs) and tracking improvements.