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COUNCIL BLUFFS , May 03, 2019

With volatile pricing and frequent demand-capacity imbalances in the U.S. truckload market, Bat Logistics, a global third-party logistics leader (3PL), has announced by end of 2019 its “BTU Machine” forecast powered by Microsoft Azure Machine Learning
Identifying market trends to allow shippers to take advantage of future supply and demand outlook

BAT will have the ability to provide the best pricing to customers and suggest the best pricing strategy customers should take regarding spot or contract, short term or long term bids,” said Bat Logistics Vice President Jarrod Marinello. “This will give cutomers the potential to cut costs the entire year.

What is machine learning?

Machine learning uses computers to run predictive models that learn from existing data to forecast future behaviors, outcomes, and trends. Deep learning is a sub-field of machine learning, where models inspired by how our brain works are expressed mathematically, and the parameters defining the mathematical models, which can be in the order of few thousands to 100+ million, are learned automatically from the data.

ABOUT BAT LOGISTICS

Backhaul and Track Logistics d/b/a
BAT Logistics is a leading third-party logistics provider that arranges solutions to the shipping community. Our core strength is in arranging full truckload services in dry, refrigerated, and rail commodities. We arrange transportation using key National carriers with a focus on small to medium sized carriers. We arrange transportation in headhaul and backhaul lanes, both regionally and cross-country. We also use Door-to-Door rail services that cover the entire nation. Our industry knowledge and experience arranging rail transportation gives us a clear and distinct advantage over the competition.

For more information, please visit: www.batlogistics.com or www.btusoftware.com

One way BAT accomplished this was by creating its own proprietary
capacity matching technology that uses Microsoft Azure machine learning, to give BAT the ability to find the best-suited carrier that’s available in seconds.

It’s all about getting the most out of our carrier base rather than outsourcing to loadboards and focusing our contracted carriers said Jarrod Marinello, executive vice president. “We have technology working for us to learn our carrier’s most desired lanes, and the likelihood the carrier will have an available truck.

How does machine learning work?

Machine learning uses computers to run predictive models that learn from existing data to forecast future behaviors, outcomes, and trends. Deep learning is a sub-field of machine learning, where models inspired by how our brain works are expressed mathematically, and the parameters defining the mathematical models, which can be in the order of few thousands to 100+ million, are learned automatically from the data.

AVAILABLE FOR IMMEDIATE RELEASE

COUNCIL BLUFFS, Iowa- Bat Logistics, one of the most expeditious growing 3PL providers of Transportation, is utilizing Microsoft Azure Machine Learning and Predictive Analytics to develop an implement that will forecast what freight rates will look like in one to 12 months. The implement will be just one more value-integrated accommodation BAT provides to all its customers starting sometime in 2019

“Imagine the competency to lock into a contracted rate just before spot rates soar. Imagine the faculty to forecast how long spot rates will outperform contracting rates and vice versa. Imagine the facility to soothsay how peak seasons will impact freight rates,” verbally expressed Jarrod Marinello, executive of BAT Logistics.

BAT graded the precision of the prognostication implement for 15 months because the company wanted the highest precision it can get. With each test, the precision has amended, and the implement is currently at 60 percent precision. BAT believes, predicated on on the incrementation in precision over the past 15 months, that the precision will be at 75 percent some time in 2018. Anything over 75 percent precision offers extreme value.

BAT will implement 2019

About BAT Logistics
Backhaul and Track Logistics d/b/a BAT Logistics provides transportation solutions to the shipping community. Our core strength is full truck load services in dry, refrigerated, and rail commodities. Our services are executed using key national carriers with a focus on small to medium sized carriers. We operate in headhaul and backhaul lanes both regionally and cross-country. We also utilize door-to-door rail services that cover the entire nation. Our industry knowledge and experience using rail transportation gives us a clear and distinct advantage over the competition.

###

batgroup@batlogistics.com
Phone – 402-712-7256
Fax – 402-712-7200
20 Arena Way, Suite 2
Council Bluffs, IA 51501
www.batlogistics.com

Jarrod Marinello, Executive Vice President/Owner: First, decide how many providers to utilize, then reward business to each one of the providers. You may want to utilize some more than others, but use each at least five percent.

Don’t award the lanes predicated on the provider being the lowest cost. Instead, mix it up. This strategy sanctions the particular provider to average out on its margin, keeps the provider committed on lanes losing margin, counteracts any transmutations in the market, and sustains from provider needing price increases. In reciprocation, shippers hold more leverage over their conveyance providers, and build up staunchness and sustain locked in pricing year round.

Machine learning unveils the potentials to increase and find the best truckload carriers to use.

IMMEDIATE NEWS –
Council Bluffs – BAT Logistics, one of the fastest growing 3PL providers of transportation services, continues to found more innovative ways and efficient ways to stay ahead of the competition
Recently, BAT created its own proprietary truckload capacity matching technology that uses Microsoft Azure Machine learning, to deep learn and feed BAT the best-suited carrier that’s available in seconds.
“Our technology helps us deep learn our truckload carrier’s most desired lanes, backhaul lanes, and the likelihood the carrier will have an available truck said Jarrod Marinello, co-founder of Bat Logistics. We are after quality not quantity in our carrier base. We would rather use the same carriers rather than adding more carriers we may only use once a year”
BAT intends to capitalize on using machine learning to continue navigating through its over 19,000 carrier partners to focus in on learning their carrier’s business model.
BAT Logistics recently wrapped up its tenth year of business with another year of double digit growth.
About BAT Logistics Backhaul and Track Logistics d/b/a BAT Logistics provides transportation solutions to the shipping community. Our core strength is full truckload services in dry, refrigerated, and rail commodities. Our services are executed using key national carriers with a focus on small to medium-sized carriers. We operate in headhaul and backhaul lanes both regionally and cross-country. We also utilize door-to-door rail services that cover the entire nation. Our industry knowledge and experience using rail transportation give us a clear and distinct advantage over the competition. ### Phone – 7122567260 Fax – 7122567265 20 Arena Way, Suite 2 Council Bluffs, IA 51501 www.batlogistics.com
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Contact Information

Jenny
BAT Logistics
20 arena way, 2
Council Bluffs IA, 51501
7122567260

 

BAT Logistics, a provider of 3rd Party Logistics and Transportation solutions, wrapped its tenth year of business with another year of growth. Over the past year, BAT has found more innovative ways to adapt to change, and execution has led to an increase in the amount of dedicated freight that the company has been awarded.

One way BAT accomplished this was by creating its own proprietary
capacity matching technology that uses Microsoft Azure machine learning, to give BAT the ability to find the best-suited carrier that’s available in seconds.
 “It’s all about getting the most out of our carrier base rather than focusing on the size of our carrier base said Jarrod Marinello, executive vice president. “We have technology working for us to learn our carrier’s most desired lanes, and the likelihood the carrier will have an available truck.

 

About BAT Logistics Backhaul and Track Logistics d/b/a BAT Logistics provides transportation solutions to the shipping community. Our core strength is full truck load services in dry, refrigerated, and rail commodities. Our services are executed using key national carriers with a focus on small to medium sized carriers. We operate in headhaul and backhaul lanes both regionally and cross-country. We also utilize door-to-door rail services that cover the entire nation. Our industry knowledge and experience using rail transportation gives us a clear and distinct advantage over the competition. ### Phone – 7122567260 Fax – 7122567265 20 Arena Way, Suite 2 Council Bluffs, IA 51501 www.batlogistics.com

Jarrod Marinello, Executive Vice President/Owner:

First, decide how many providers to use, then reward business to each one of the providers. You may want to use some more than others, but use each at least five percent.

Don’t award the lanes based on the provider being the lowest cost. Instead, mix it up. This strategy allows the particular provider to average out on its margin, keeps the provider committed on lanes losing margin, counteracts any changes in market, and sustains from provider needing price increases. In return, shippers hold more leverage over their transportation providers, and build up loyalty and sustain locked in pricing year round.

Finally, stick to the plan!

Bat continues to beta test its FREIGHT RATE TOOL powered through Microsoft Azure to help navigate through the most volatile time.

BAT LOGISTICS created a proprietary application that uses Microsoft Azure machine learning, predictive analytics, and artificial intelligence to give BAT the ability to forecast the most accurate freight rate outcome in seconds.

How does machine learning work?

Machine learning uses computers to run predictive models that learn from existing data to forecast future behaviors, outcomes, and trends. Deep learning is a sub-field of machine learning, where models inspired by how our brain works are expressed mathematically, and the parameters defining the mathematical models, which can be in the order of few thousands to 100+ million, are learned automatically from the data.

Stay tuned for future updates

For the first time in almost two months, the average diesel price is below the $3 mark. The average price per gallon is $2.992, according to the Energy Information Administration. The last time the average price was below $3 was Jan. 8, when the price was $2.996.

The price dropped 1.5 cents in the past week. The average price is about 41 cents higher than the average price was this week a year ago.

For more information, visit the EIA’s website.