Cloud-based estimation of marine freight rates

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Kaleido Ideas & Logistics

Kaleido Ideas & Logistics is a group of companies, specialising in worldwide logistics and intermodal transport, which offers chartering, stevedoring, freight forwarding (air/sea/land), cargo insurance and warehousing. Kaleido’s solutions are highly focused on the following sectors: oil, gas and wind energy; industrial projects; naval, iron and steel and raw materials. Logistics represent up to a 20% of manufacturing costs. Consequently, manufacturing companies need to pay particular attention to the delivery cost of their products to the customer as well as those for gathering raw materials and semi-finished products. In the particular case of sea freight, which can be up to 90% of the total transport cost, finding an optimal choice of transport implies taking into account cost, scheduling, and port congestion is important.

Finding an optimal choice can be very computationally intensive because so many parameters are involved. This experiment aims to develop a high-performance cloud-based application available as SaaS that can bring together historical data, both from the user and the wider market, and external parameters obtained at the time of the request, to perform detailed logistical planning. Such a service reflects a clear demand from companies operating in the marine logistics sector.