envio 360
AI helps optimize trucking industry
A Dover company is using artificial intelligence (AI) to help trucking companies ship goods from Point A to Point B as efficiently as possible. Envio 360, with offices in the former mill building at 383 Central Ave. in downtown Dover, offers the trucking industry a platform with AI to manage and optimize the movement of shipping containers. The company draws data from a trucking company's transportation management system (TMS) to create the algorithms in its optimization software. "Here's where the artificial intelligence comes in," said Larry Cuddy Jr., chief commercial officer for Envio 360. "We're not just one and done, because in the course of the day everything happens: Trucks break down, guys call in sick, you got traffic jams on (Interstate) 93, the port closed early, whatever it may be. We continuously optimize to create the best plan every second. According to industry data, 70 percent of all freight moved in the United States is done by trucks, about $700 billion worth of food, medical supplies, fuel and other goods annually. Cuddy describes the company's software as "agnostic." "We can connect into any network, the Internet of Things (IOT), and internet supply chains," he said. "The platform we built is not the system of record.
- North America > United States > New Hampshire (0.07)
- North America > Canada (0.05)
- Transportation > Ground > Road (1.00)
- Transportation > Freight & Logistics Services (1.00)
- Automobiles & Trucks > Manufacturer (1.00)