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BOSTON CONSULTING GROUP STUDY REVIEWS CONTAINER INTERCHANGE BEST PRACTICES

MatchBack Systems is a "player rapidly reshaping shipping"

Green Bay, WI - 14 December 2016 - MatchBack Systems, Inc. (www.matchbacksystems.com), the leading software solution to automate, plan and optimize matchbacks, was referenced in a study published in November 2016 by the Boston Consulting Group (BCG). "Bringing the Sharing Economy to Shipping," provides insights into the costs to reposition containers and the imbalance that currently exists in the marketplace. The study notes that expenses associated with transporting empty boxes to locations where they can be loaded with cargo represent 5% to 8% of a typical carrier's total operating costs and amount to $15 billion to $20 billion each year for the industry.

Todd Ericksrud, President & CEO of MatchBack Systems, said it's possible to eliminate waste in the empty container marketplace today using technology. "MatchBack Systems is proud to be recognized as one of the companies reshaping the shipping industry with our street-turn (or matchback) platform. To restructure an industry, there needs to be a standard, and we've created one for matchbacks. Daily, we calculate over one million potential matchbacks and use our big data analytics to identify which ones are critical to automate for each customer. A matchback occurs when an inland container is paired with its next pick-up without going back to the port. Each matchback delivers between $150 and $400 for our customers."


"Traditionally, matchbacks have been difficult to execute. With our technology, matchbacks are a key strategy for customers to reduce cost and eliminate waste in their supply chain," continued Ericksrud. "Our mission is to utilize technology to create a paradigm shift in container repositioning and we have customers who eliminate up to 80,000 miles per month via matchbacks." MatchBack Systems currently works with companies like Kuehne & Nagel, Container Port Group and MOL to reduce costs associated with empty container repositioning and to eliminate emissions.

To request a demonstration of MatchBack Systems vendor pOréal or join the MatchBack Systems network, please contact us at 1.844.478.8876 or mbsi_info@matchbacksystems.com. In Europe, please call +31 107470002.

ABOUT MATCHBACK SYSTEMS
MatchBack Systems, Inc. is a Software as a Service (SaaS) organization with innovative solutions and proprietary optimization technologies, which use big data analytics to automate and prioritize matchbacks throughout North America and Europe. MatchBack Systems' services lower overall supply chain costs, improve efficiency and reduce emissions. The company's signature services include: MatchAdvisor™ to automate matchbacks across a company's ecosystem, MatchPodium™ to automate and rank optimal systematic matchbacks and MatchDensity™ to find the best two-party matchbacks. For more information, visit matchbacksystems.com or call 1-844-478-8876.

More Info: https://www.matchbacksystems.com/

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