Add Your Heading Text Here

Quantum-South Identifies Alternatives to Boost Amerijet International’s Cargo Load Factor by up to 30% with Cutting-edge Solution

[ez-toc]

Insider Brief:

  • Amerijet International and Quantum-South have announced the successful completion of a joint Proof of Concept (PoC) project concentrated on leveraging aircraft loading optimization to enhance cargo load factor and revenue per flight.
  • Quantum-South’s solution features an Aircraft Load Optimization module, designed to optimize container placement to maximize transported weight, volume, priority mix, or revenue mix, with a focus on Center of Gravity (CoG) optimization.
  • Amerijet operates a fleet of Boeing 757 and 767 freighter aircraft, providing cargo services from its primary hub in Miami to 48 destinations across the Caribbean, Mexico, Central and South America and Europe.

PRESS RELEASE — MIAMI, FL, July 25, 2023 — Amerijet International, one of the largest U.S. cargo carriers operating from the Miami International Airport and Quantum-South, a leading logistics technology firm, announced today the successful completion of a joint Proof of Concept (PoC) project. The project concentrated on leveraging aircraft loading optimization to enhance cargo load factor and revenue per flight.

Amerijet operates a fleet of Boeing 757 and 767 freighter aircraft, providing cargo services from its primary hub in Miami to 48 destinations across the Caribbean, Mexico, Central and South America and Europe. Amerijet’s global network reaches 476 destinations to all major airports in Europe, Asia, South Africa and the Middle East with seamless and transparent transportation solutions for customers shipping time-sensitive, valuable, hazardous and temperature-controlled commodities.

Quantum-South’s groundbreaking solution features an Aircraft Load Optimization module, designed to optimize container placement to maximize transported weight, volume, priority mix, or revenue mix, with a focus on Center of Gravity (CoG) optimization. Additionally, the Air Cargo Bin Packing module selects shipments for each flight to optimize the booked priority, with container assignment and precise instructions on how to build the container such as the location and order of placement for each piece in the shipment. Quantum-South’s solution was seamlessly integrated with

Amerijet’s cargo management system, powered by the SmartKargo backend application, further enhancing the efficiency and effectiveness of cargo operations.

During the Proof of Concept project, Quantum-South examined data from 451 flights, The innovative solution identified loading alternatives that increased payload by up to 30% and volume by up to 76%. For instance, Quantum-South successfully replaced a previous load plan consisting of containers such as PAGs and PQAs with an optimized plan utilizing a variety of containers like AKEs, TYPE A-1, TYPE A FRONT, and TYPE A AFT units.

Eric J. Wilson, Amerijet International Chief Commercial Officer stated, “This substantial enhancement in cargo load factor can greatly enhance revenue per flight and increase opportunities for customers through more efficient use of capacity. We are pleased with the PoC project’s outcomes and foresee potential benefits across multiple areas”.

Dr. Rafael Sotelo, Quantum-South Co-Founder & President, expressed his satisfaction with the successful collaboration between Quantum-South and Amerijet International, stating, “The project’s success at Miami International Airport demonstrates the significant potential of our cutting-edge solution in optimizing cargo load factors. We are excited to continue working with Amerijet International and uncover more optimization opportunities to further enhance their operations.”

Amerijet International is committed to tackling challenges related to data structure and data quality while continuing to work on multi-piece shipment ordering and shipment handling code incompatibility restriction compliance. The company also plans to explore automated planning of areas such as oversize cargo, consolidated cargo, bulk cargo space, and B757 configurations.

“Optimizing flight load plans and augmenting process efficiency helps us provide the best capacity offering to our customers while maximizing the load of every flight,” added Wilson. “Quantum-South’s solution has the potential to bring significant benefits to our operations, increase revenues and reduce emissions, and we look forward to further collaboration to uncover more optimization opportunities.”

About Amerijet International

With nearly 50 years of experience in the air cargo industry, Amerijet operates its dedicated fleet of freighters from its primary hub at the Miami International Airport to destinations throughout the Caribbean, Mexico, the Americas and Europe. The company provides approximately 425 Million ATKs (Available Tonne Kilometers) of freighter capacity throughout its scheduled service region annually. Amerijet’s portfolio of worldwide scheduled as well as long and short– term contracted charter services provides seamless and transparent transportation solutions for a variety of customers across many industries.

Amerijet’s primary hub, located at the Miami International Airport, consists of 360,000 square feet (33,500 square meters) of warehouse space, and a 40,000 square-foot (3,700 square meters) perishable handling center. The Amerijet facility is the most modern cargo warehouse at the airport. The integrated import/export warehouse features automated freight weighing and dimensioning stations, ULD management and by-pass roller systems to maximize handling efficiencies. Advanced monitoring procedures, real-time shipment alerts and cargo tracking provide end-to-end visibility of every shipment.

https://www.amerijet.com/

Contact: [email protected]

About Quantum-South

Founded in 2019, Quantum-South works with complex optimization problems for air and maritime cargo leveraging quantum computing software. Quantum South was born in Universidad de Montevideo and is the first quantum start-up in Latin America. Quantum South aims to achieve better results than conventional solutions available today and help companies to improve revenues and reduce costs.

https://www.quantum-south.com

Contact: Martin Machin [email protected]

The Future of Materials Discovery: Reducing R&D Costs significantly with GenMat’s AI and Machine Learning Tools

When: July 13, 2023 at 11:30am

What: GenMat Webinar

new_4d7o1y

James Dargan is a writer and researcher at The Quantum Insider. His focus is on the QC startup ecosystem and he writes articles on the space that have a tone accessible to the average reader.

Share this article:

Keep track of everything going on in the Quantum Technology Market.

In one place.

Related Articles

Inder Singh

Mr. Singh has held various executive roles in leading organizations, contributing his expertise in finance, strategy, and marketing, and currently serves on the boards of prominent companies and advises on entrepreneurship and national security. From 2019 to 2022, Mr. Singh was the Executive Vice President and Chief Financial Officer at Arm Limited, a British semiconductor and software design company, leading its global finance, corporate IT operations, procurement, and enterprise security teams. Before joining Arm Limited, he was with Unisys Corp. as Senior Vice President and Chief Financial Officer from November 2016 to April 2019, and as Chief Strategy and Marketing Officer from March 2016 to November 2016. His earlier roles include Managing Director at SunTrust Bank’s equities unit and Senior Vice President in finance at Comcast Corporation. Currently, he is on the board of directors for John Wiley & Sons, Inc. and Affinity Federal Credit Union, contributes to Columbia University’s Entrepreneurship Advisory Board, and advises the U.S. Department of Homeland Security. Mr. Singh holds an M.B.A. in finance from New York University and M.S. and B.S. degrees in engineering from Columbia University.

Stuart Woods

35 years extensive experience in deep tech product portfolio management, spanning start-ups through to publicly traded businesses, comprising eleven disruptive technologies and five acquisitions – with a third of his career in lasers including SPI Lasers’ public offering on AIM. Stuart’s approach focuses on finding a team’s strengths, then developing sales, managing financials, and building an environment of trust in which teams can grow and thrive. Stuart is Chief Operating and Strategy Officer at Quantum Exponential, previously was MD at Oxford Instruments, and VP of Survey Solutions at Hexagon AB. Oxford Instruments provided the environments for quantum technology discoveries. Stuart worked at Cisco Systems and Pirelli Optical Systems during the telecom boom – leading product management. He graduated from North Carolina State University.

Shelli Brunswick

Shelli Brunswick with a 35-year tenure in the global space ecosystem, has carved a niche as a transformative leader. Her career, marked by roles such as U.S. Air Force leader in space acquisition, program management, policy, and congressional liaison; former COO of Space Foundation; and CEO & Founder of SB Global LLC, reflects her dedication to innovation, entrepreneurship, and diversity. Brunswick chairs the board of Manufacturer’s Edge, an entity aligned with the U.S. Department of Commerce, and serves on the executive boards of the Global Women Leaders Committee of the World Business Angeles Investment Forum and AeroAI Global Solutions, leveraging space technologies for global challenges. Additionally, she is the Board Chair for Tod'Aers Global Network, emphasizing space studies, technology innovation, and R&D. Her leadership extends to shaping the space industry's future through contributions to NASA, the European Space Agency, and engagement with think tanks like the Hudson Institute and the Wilson Center. Recognized for her advocacy for women in space, Brunswick has received numerous accolades, including being named among the Top 100 Women of the Future in Emerging Technology. Brunswick's academic credentials include an MBA from the University of Phoenix, a bachelor's in business administration from Colorado State University-Pueblo, a Project Management Professional Certification, and a certificate in Legislative Studies from Georgetown University, along with completing the Deloitte Board Readiness Program.

Anton Black

Anton Black is a Global Partner at Rothschild & Co where he is Co-Head of their European Technology Global Advisory Team based in London. He has over 20 years experience at Rothschild & Co and has advised start ups, founders, corporate and investors across the technology space from software to tech services to industrial technology and in the digital ecosystem. His deal experience across Europe covers M&A, fund raising and IPOs transactions and has advised on over 100 transactions with transaction sizes ranging from tens of millions to multiple billions.Post retirement up to now he has served as Non-executive Board Member at several listed and non-listed companies, as Management Advisor in many Technology start-ups from seed-funding to decacorn, and as advisory board/ mentor in non-profit organizations and impact funds in Indonesia.

Dan Caruso

Dan Caruso is the Managing Director of Caruso Ventures, a family office that invests in high-impact, tech-enabled scaleups. Dan was the founding CEO / Chairman of Zayo Group, where investors enjoyed a $8.5B equity exit on a $1.0B investment. Dan was a co-founding executive of Level 3 and joined Metropolitan Fiber Systems (MFS) as it began to scale. All three exited for enterprise values > $10B. Dan also led the take private of ICG, which achieved a 25X return and led to the ideation of Zayo. Dan is an advocate for Colorado's entrepreneurial communities and serves on the boards of Endeavor Colorado, Colorado Thrives and Elevate Quantum. Post retirement up to now he has served as Non-executive Board Member at several listed and non-listed companies, as Management Advisor in many Technology start-ups from seed-funding to decacorn, and as advisory board/ mentor in non-profit organizations and impact funds in Indonesia.

Julianto Sidarto

Julianto Sidarto is a retired Managing Director of Accenture, with over 26 years of Management Consulting, Technology, and Operations experience, helping clients define and execute large scale business change. He has served as Country Managing Director of Indonesia, Managing Director of Operations South-East Asia, and various other regional leadership roles. He has lived and worked in Indonesia, USA, Germany, Singapore, and Malaysia. Post retirement up to now he has served as Non-executive Board Member at several listed and non-listed companies, as Management Advisor in many Technology start-ups from seed-funding to decacorn, and as advisory board/ mentor in non-profit organizations and impact funds in Indonesia.