Freight News, Sea

Shipping lines back Traxens

[ July 25, 2016   //   ]

Shipping lines MSC and CMA CGM are investing in French logistics tech start-up, Traxens. Founded in 2012, the company has been developing solutions for the freight sector, including a container monitoring and coordination system.

MSC president and chief executive Diego Aponte, said “We see container monitoring as an important innovation in providing our customers with a high quality of service, while also being able to monitor our outputs accurately.

“We believe that shipping lines should naturally compete on service, but should co-operate in the area of technology and innovation.”

Traxens founder and chief executive, Michel Fallah, added “Our solution was designed from day one to be a global solution for all containers and all companies. This is an encouraging step towards setting a market standard.”

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