Portcast

Portcast is a logistics technology company that provides AI and machine learning solutions for the global shipping industry. The company's platform delivers real-time visibility and predictive analytics by processing data from multiple sources, including carriers, freight forwarders, ports, terminals, satellites, weather systems, and external disruption events.

The technology accurately predicts estimated time of arrivals for over 90% of ships globally and forecasts demand across more than 30,000 air and sea trade routes daily. Portcast's system monitors approximately 18 million containers across 6,000 vessels and 2,500 ports worldwide. The platform helps customers reduce port fees by 20% and manual work by 80% by providing exception alerts, analytics, and actionable insights.

The company's machine learning models can quantify the impact of various disruptions like typhoons, port congestion, and geopolitical events on vessel movements and container shipments.
It works with logistics data providers to incorporate additional data into its predictive models.
 

Key customers and partnerships

As of November 2024, the company serves customers like freight forwarders, shippers, and technology providers, particularly in sectors such as food and beverage, consumer goods, automotive, and pharmaceuticals.

In October 2024, the company partnered with DiMuto to enhance real-time shipment tracking for customers using DiMuto’s Trade Management Platform. The company also collaborated with Cargobase in June 2024 to deliver enhanced visibility through real-time shipment tracking, terminal insights, predictive analytics on shipment arrivals, and delay and exception reasons.