Otonomi signs deal with BlueBox Systems to monitor cargo delays
Data from Otonomi shows that around 62% of cargo flights are delayed every year
(From left): Yann Barbarroux, CEO, Otonomi and Martin Schulze, CEO, BlueBox Systems
BlueBox Systems, one of the leading developers of intelligent air freight tracking solutions, has gained a new customer in Otonomi.
"The U.S.-licenced MGA and registered Lloyd’s Coverholder is specialised on cargo delay insurances for time-critical freight," says an official release.
Otonomi is using the API-solution of BlueBox Systems to monitor cargo delays and supply chain disruptions, which cost the industry in excess of $50 billion per year. The air freight tracking programming interface of BlueBox Systems delivers data of more than 130 airlines, 1,600 airports and over 40 million status updates every day, the release added.
"It's a real distinction for us that Otonomi is using the data of BlueBox Systems for the processing of insurance cases," says Martin Schulze, CEO, BlueBox Systems. "This proves the reliability of our excellent data."
Unexpected circumstances can arise at any time during freight transportation and disrupt the entire supply chain. Data from Otonomi shows that around 62 percent of cargo flights are delayed every year.
"Insurance policies have historically excluded delays, making it impossible to get claims paid," says Yann Barbarroux, CEO & Co-Founder, Otonomi. "Our cargo delay insurance bridges that protection gap, empowering logistics to mitigate supply chain risks, and providing peace of mind to shippers. We provide shippers a simple yet powerful way to manage financial risks arising from freight delays."
Through the client API provided by BlueBox Systems, Otonomi can integrate the data in its own solution and have access to real-time information regarding AirWayBills monitoring, complex cargo scheduling and supply chain disruptions, the release added. "The API streamlines processes by fostering automation and seamless system interactions, reducing manual intervention, and improving overall operational efficiency. BlueBox Systems' solution toolkit provides the global logistics market with user-friendly, operationally intuitive, and yet robust end-to-end data security."
Schulze adds: "Another great advantage of our API solution is flexibility. The interface can be adapted easily to the needs of any individual customer. Siemens, 4flow and Thinkprime are also using the API interface, for example."
