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Optimal Dynamics’ AI Helps BCB Transport Boost Revenue by 19.6% Amid Freight Recession

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Technology-enabled transformation drove double-digit growth through improved operational efficiencies, including automating and optimizing load acceptance and dispatching.

NEW YORK, May 31, 2023 /PRNewswire-PRWeb/ — Optimal Dynamics, the pioneer in artificial decision intelligence technology for the transportation industry, announced today that one of its customers, BCB Transport, recently achieved a 19.6% increase in revenue per truck after fully adopting Optimal Dynamics’ operational solution. The growth was a direct result of the collaboration between the two companies and came during the current freight recession.

BCB integrated Optimal Dynamics’ Execute solution into its operations to automate and optimize load acceptance and dispatching decisions across its network. In addition to the double-digit increase in revenue per truck, BCB uncovered the opportunity to operate with 16% fewer tractors without compromising its revenue, a significant stride in operational efficiency during periods of a market downturn.

“To hit the goals we wanted to achieve, manually executing load planning and dispatching decisions was proving to be an uphill battle,” said Rick Larkin, Chief Information Officer at BCB. Optimal Dynamics’ artificial decision intelligence has transformed BCB’s operation, allowing the team to effectively plan for an unpredictable future and navigate operational uncertainties.

“After our team built trust in the decisions, our dispatchers are planning 60% more freight in the same amount of time, while even more importantly exceeding our operational efficiency goals,” continued Larkin. “The results are seriously impressive.”

In parallel with load acceptance and dispatching, BCB was able to simulate a view of their network within the Optimal Dynamics Plan solution. The simulation enabled BCB to collaborate closely with the Optimal Dynamics team to fine-tune the Execute solution before the decisions were integrated into their daily operation. This collaborative approach helped BCB mitigate risk and identify areas of opportunity, maximizing the benefits of the Execute solution and further driving operational efficiency.

“While the world buzzes about the future potential of AI, we are driving its application in the industry right now,” Optimal Dynamics CEO Daniel Powell said. “This is an astounding story of a customer surpassing operational targets amid a severe freight recession. Such quantifiable impacts are unprecedented in trucking. BCB’s commitment to transformation, combined with both of our teams’ extraordinary capabilities, a robust organizational process, and a truly differentiated technology enabled this remarkable transformation.”

In the wake of these results, BCB is now looking to further harness the potential of the Optimal Dynamics Plan solution. A significant focus lies in utilizing the Bid Response functionality, a powerful tool designed to bolster customer service capabilities and drive additional revenue growth.

Read more about the Optimal Dynamics-BCB Transport partnership.

About Optimal Dynamics

Optimal Dynamics was founded on over 40 years of research from Princeton University to build the decision layer of logistics. Today, Optimal Dynamics automates and optimizes planning, load acceptance, and dispatching decisions for truckload operations. Based in NYC, Optimal Dynamics leverages a unique approach to offer a holistic decision automation platform, combining strategic, tactical, and real-time decision-making. To enable this, a groundbreaking unified artificial decision intelligence engine is used, called CORE.ai. This is contrasted with traditional transportation optimization systems that only provide simplified dispatching or strategic solutions. The Optimal Dynamics platform goes beyond typical operations to predict, plan, and execute, enabling the platform to balance immediate decisions with future uncertainties. The synthesis of strategic foresight, tactical analysis, and real-time response drives compounding benefits, which can fundamentally transform truckload operations. Go to www.optimaldynamics.com to learn more.

About BCB Transport

BCB stands for Be Safe, Communicate, and if you can, Be On Time. These are the foundational pillars at BCB Transport. Established in 2011, BCB has always understood the value of protecting lives out on the road, while also practicing this belief throughout all departments of the company. Based in Mansfield, Texas, warehousing, trucking, brokerage, and a family-first culture can be found at BCB Transport. The company has grown to operating over 300 trucks nationwide with plans to double warehousing space in the next 10 months. They provide an environment that allows employees to communicate openly with one another, while giving their team vital tools for optimal success. The fundamental goal at BCB is to create a safe working environment that empowers independent contractors, employees, and customers to continuously thrive, and look forward to what the next day will bring with BCB Transport by their side.

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“After our team built trust in the decisions, our dispatchers are planning 60% more freight in the same amount of time, while, even more importantly, exceeding our operational efficiency goals,” continued Larkin. “The results are seriously impressive.”

Media Contact

Kenzi Klein, Optimal Dynamics, 1 (917) 382-4431, kklein@optimaldynamics.com, https://www.optimaldynamics.com/

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SOURCE Optimal Dynamics

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The Hottest Dog Bronchial Health Supplement on Shopee in 2024

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SEOUL, South Korea, Nov. 10, 2024 /PRNewswire/ — As a dog owner, you may have often heard your furry friend coughing, whether it’s a dry hack or a honking sound. Though it might seem trivial, these coughs can cause serious discomfort for your furry friend and create anxiety for you as a caring pet parent.

DOCTORBY’s BREATH CARE is a nutritional supplement designed to support bronchial health in dogs, currently gaining attention among many pet owners on Shopee.

Coughing in dogs can be triggered by various factors, including temperature fluctuations, strong air conditioning, and dust or debris inhaled during walks. Additionally, as dogs age, their bronchial immunity can weaken, leading to potential health issues.

BREATH CARE contains a blend of functional ingredients like the plant-based complex extract TF-343, magnesium, and propolis, which can help alleviate respiratory issues such as coughing and support the elimination of waste accumulated in the bronchial passages.[1] With a taste dogs love, it doubles as a treat, making it incredibly easy for pet owners to administer. Furthermore, it has passed heavy metal and toxicity tests, ensuring safety without the use of synthetic sweeteners or colorings.

Currently, BREATH CARE ranks as one of the top products in Shopee’s pet nutrition and supplement category. In May 2024, it achieved the number one sales position in the pet nutrition category on Shopee Singapore, garnering immense popularity. Shopee has reported a staggering 3,000% growth in sales compared to 2023. Notably, DOCTORBY has not only topped the charts on Shopee but has also held the number one position on Amazon Japan for 22 consecutive weeks, establishing itself as a leader in the South Korean pet nutrition market and rapidly expanding in the global market.

For cat owners, the cat-specific bronchial supplement, CAT BREATH CARE, is also enjoying tremendous popularity. Additionally, DOCTORBY offers a variety of health supplements, including ‘SKIN & COAT’ for skin support, ‘EYES CARE’ for eye health and tear stain improvement, and ‘HAIRBALL CARE’ to assist with hairball elimination in cats. In Singapore, DOCTORBY products are exclusively available on Shopee.

Enjoy fast delivery via Shopee’s reliable fulfillment services, with most orders arriving within 2 to 3 days for a satisfying shopping experience. Shopee also hosts monthly promotional events, such as Double Day and Pay Day, offering a range of exciting deals. Moreover, a special Mega Day event is planned for November 11, promising additional benefits for shoppers.

[1] Korean J. Food Sci. Technol. Vol.35, no.5, pp980-987 (2003)

 

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SOURCE DOCTORBY

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LG Display Succeeds in Developing World’s First Stretchable Display that Expands by 50 Percent

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SEOUL, South Korea , Nov. 9, 2024 /PRNewswire/ — LG Display, the world’s leading innovator of display technologies, announced today its unveiling of the world’s first Stretchable display capable of expanding up to 50%, the highest rate of elongation in the industry. At LG Science Park in Seoul on Nov. 8, the company demonstrated the panel at a meeting of more than 100 South Korean industry, academia, and research stakeholders involved in a Stretchable display national project.

Stretchable displays are seen as the ultimate free-form screen technology because they can be freely transformed into any shape, including by stretching, folding, and twisting.

The new prototype features a 12-inch screen that stretches up to 18 inches, while simultaneously delivering a high resolution of 100ppi (pixels per inch) and full red, green, and blue (RGB) color.

Compared to the first Stretchable display prototype unveiled in 2022, the new panel’s maximum elongation rate has more than doubled from 20% to 50%. This enhanced stretchability enables various display design possibilities, raising the technology’s potential competitiveness when commercialized.

By applying a number of new technologies, such as improving the properties of a special silicon material substrate used in contact lenses and developing a new wiring design structure, LG Display improved the panel’s stretchability and flexibility, exceeding the original national project’s target of 20% elongation.

In addition, by using a micro-LED light source of up to 40μm (micrometers), the new prototype’s strengthened durability means it can be repeatedly stretched over 10,000 times, maintaining clear image quality even in extreme environments such as exposure to low or high temperatures and external shocks.

Stretchable displays are not only thin and lightweight but also capable of adhering to irregularly curved surfaces like clothing and skin. They are expected to be widely applied in various industries, from fashion and wearables to mobility.

The company showcased numerous concepts for the application of Stretchable displays, including an automotive panel that stretches out into a convex shape and can be operated by hand as well as a wearable display attached to firefighters’ uniforms that provides real-time information.

LG Display was selected as the lead company for the national project to develop Stretchable displays in 2020 and since then has been conducting joint R&D with 19 domestic industry and research institutes. It is one of the major tasks of a wider project to develop core technologies for next-generation displays promoted by South Korea’s Ministry of Trade, Industry and Energy (MOTIE) along with the Korea Planning & Evaluation Institute of Industrial Technology.

By successfully completing the project, LG Display has not only secured core technologies that can lead the next-generation display market but also contributed to localizing materials, components, and equipment as well as building an R&D infrastructure.

“We will continue to build a sustainable future display ecosystem through close cooperation between South Korean industry, academia, and research stakeholders,” said Soo-young Yoon, CTO and Executive Vice President of LG Display.

About LG Display

LG Display Co., Ltd. [NYSE: LPL, KRX: 034220] is the world’s leading innovator of display technologies, including thin-film transistor liquid crystal and OLED displays. The company manufactures display panels in a broad range of sizes and specifications primarily for use in TVs, notebook computers, desktop monitors, automobiles, and various other applications, including tablets and mobile devices. LG Display currently operates manufacturing facilities in Korea and China, and back-end assembly facilities in Korea, China, and Vietnam. The company has approximately 70,707 employees operating worldwide. For more news and information about LG Display, please visit www.lgdisplay.com.

Media Contact:
Joo Yeon Jennifer Ha, Manager, Communication Team
Email: hjy05@lgdisplay.com 

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SOURCE LG Display

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Stay Better in China: Tell the Beautiful China to the World

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NANCHANG, China, Nov. 9, 2024 /PRNewswire/ — A report from Jiangxi International Communication Center (JXICC): Komurcu Busra, an international student from Nanchang University, talks about her life in China. She felt the simplicity of Chinese countryside and pure beauty of nature here. She wants to tell the beautiful China to the world.

https://www.youtube.com/watch?v=vQGbRJc4ncc

View original content to download multimedia:https://www.prnewswire.com/news-releases/stay-better-in-china-tell-the-beautiful-china-to-the-world-302277393.html

SOURCE Jiangxi International Communication Center(JXICC)

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