project 44 announced its acquisition of Synfioo

project44

project44, a supply chain visibility platform, announced its acquisition of Potsdam-based Synfioo, provider of comprehensive visibility and ETA platform for rail freight data in Europe. Through this deal, project44 has also extended its barge visibility for inland waterway segments across the continent.

Synfioo visibility and ETA capabilities add to the project44 multi-modal visibility platform used by shippers, LSPs and carriers. With Synfioo, project44 will provide customers with end-to-end data in aims to facilitate faster on-time deliveries and more accurate ETAs, as well as low-carbon rail and barge shipping in Europe.

Through the acquisition, project44’s European rail network aims to provide the following capabilities:

  • Comprehensive visibility of all cargo rail movements across European countries.
  • IoT-enabled rail tracking combined with proprietary data, and direct integration to all of Europe’s rail infrastructure networks for granular visibility.
  • Visibility of over 99% of European rail volume, including wagon-level tracking for 90% of rail cars, to ensure visibility for every customer shipment
  • Intermodal end-to-end rail data combined with machine learning algorithms offering the most precise rail journey ETAs and customer delivery times.

project44 has also enhanced its barge visibility capabilities as part of this acquisition, to provide granular, accurate visibility of vital inland waterway segments across Europe

Key features include:

  • Asset-matching technology which extends visibility coverage, using data science-based techniques to track individual barges in real-time, without requiring traditional identifying information.
  • Routing models that offer accurate ETAs, as well as intermodal end-to-end movements that include barge segments
  • Water depth modelling and inland waterway data sources which enable carriers to assess load capacity, maximise on-time deliveries and avoid delays for shippers and LSPs.

Source: project44