21 C
Hamburg
Tuesday, April 30, 2024
Home News NexTrust tested in real market conditions

NexTrust tested in real market conditions

Several cases of collaboration in supply chain have been presented at the final NexTrust project event in Zoetermeer, The Netherlands, on 25 October 2018. The project tested innovative business models to unlock more efficiency and sustainability in the supply chain.

To reduce deliveries, congestion, and greenhouse gas emissions on the one side, and to increase load factors and eliminate barriers to collaboration on the other side, the 42-month EU-funded project – NexTrust – developed trusted networks with horizontal and vertical collaboration between shippers, industry sectors, and last mile (e-commerce) operators in the European logistics market. The innovative business models envisage the introduction of a neutral trustee (for horizontal and vertical cooperation) who ensures that the contract between the parties is respected and the collaboration brings benefits to both (or more) sides. The project pilots tested and verified these business models in real market conditions.





Latest Posts

Port of Gothenburg handles over 240,000 TEUs in first quarter

Container volumes at the Port of Gothenburg continue to surge, surpassing last year's record levels. The first quarter of 2024 witnessed a historic high...

Maersk implements peak season surcharges worldwide

To ensure the continued provision of its global services, Maersk will be introducing a Peak Season Surcharge (PSS) for shipments from Brunei, Vietnam, Indonesia,...

FMC asks for financial relief for Baltimore businesses

Commissioner of the US Federal Maritime Commission (FMC) Carl Bentzel has written to US President Joe Biden to ask for financial aid to staff...

Tanker sustains damage as Houthis intensify attacks

For the first time in over a month, a ship has suffered damage in a Houthi missile attack in the Red Sea, as the...

Port of Melbourne handles over 280,000 TEUs in March

The Port of Melbourne has released its trade update for March 2024, revealing a significant increase in total container throughput compared to March 2023,...