EDRAY TARGETS DRAYAGE PRODUCTIVITY UPLIFT

The company has confirmed that it has secured US$7 million from logistics entrepreneur and investor, Andrew Leto. He founded GlobalTranz and 10-4 and is an investor in Emerge, My Carrier and Roadrunner Transportation.

EDRAY’s approach is to coordinate incoming port pickups through a process called “flow stacking” by first working with incoming container ships to block stow its customers’ containers, a method in which all cargo is stowed together with other cargo going to the same location. From there, the company flow stacks its carriers to take those containers off together, eliminating the need for detention and demurrage chargebacks.

This differs from many current drayage processes which seek to optimise only certain pieces of drayage shipment management, such as capacity matching.

EDRAY points out that once containers are empty, the process is not to immediately bring them back empty to the port like most drayage transactions. Instead, EDRAY coordinates with the port’s regional exporters to bring the container back full, ready to be loaded back onto a ship.

As a result of its process improvements, EDRAY confirms it is possible to see a 40 per cent increase in drayage productivity, five times less re-handling and 25 per cent less emissions recorded.