Tuesday, July 27, 2021

Port of Los Angeles Launches Cargo Movement Prediction Tool

The Port of Los Angeles’ Port Optimizer Control Tower data tool now has a new feature in its toolbox.

Earlier this month, the port unveiled “Horizon,” a data tool developed with partner Wabtec that can help supply chain stakeholders predict the movement of cargo volumes up to six months in advance.

“We’re proud to break ground with this new forecasting tool, which is the first of its kind,” said port Executive Director Gene Seroka. “The Horizon predictive technology is yet another service that we can offer port stakeholders to better plan and allocate resources, especially amid this historic cargo surge.”

Horizon will be able to predict container moves using historical and trending volume data gathered by the Port Optimizer.

“Data is a critical resource in moving goods across the supply chain and into the hands of consumers,” said Nalin Jain, Wabtec’s president of digital electronics. “This is one more step in our journey to connect railroads, chassis providers, truckers, warehouse operators, and others across the supply chain with the insights they need to seamlessly move cargo in and out of ports.”