Portcast gets $3.2M to create more transparent and sustainable supply chains – TechCrunch

Port castCalls itself the “next-generation logistics operating system,” it collects data from a myriad of sources, tracks shipments in real time, and has potential impacts on progress, such as major weather events. Portcast also includes economic patterns (eg, the impact of Brexit on ports around the UK, how vaccine deployments around the world change the capabilities of airlines and ships), meteorological events such as typhoons, and the Suez Canal. However, the COVID-19 pandemic “is working with major manufacturers and freight carriers to create an urgent need for digitalization and transform the supply chain from a cost function to a core for getting products on time. “This reduces port charges, detention charges, and the amount of time you spend manually checking the websites of different companies to figure out what happened to your supply chain.” One of Portcast’s advantages over other logistics technology startups that want to modify supply chain visibility is Asia, where ships usually pass through multiple ports and need to avoid frequent weather events such as tropical storms and typhoons. There is a very strong synergistic effect between what is happening with air freight, which allows us to understand industry patterns and create leverage for other companies entering our platform.