NexTrust’s objective is to increase efficiency and sustainability in logistics by developing interconnected trusted collaborative networks along the entire supply chain.
Watch the NexTrust introductory video here.
These trusted networks, built horizontally and vertically, will fully integrate shippers, LSPs and intermodal operators as equal partners. To reach a high level of sustainability, we will not only bundle freight volumes, but shift them off the road to intermodal rail and waterway.
NexTrust will build these trusted networks bottom up, with like-minded partners, adding multiple layers of transport flows that have been de-coupled and then re-connected more effectively along the supply chain. It will develop C-ITS cloud based smart visibility software to support the re-engineering of the networks, improving real-time utilisation of transport assets.
To ensure NexTrust’s impact extends beyond the 3.5 years of the project, it will focus on activities that create stickiness for collaboration in the market. The pilot cases cover a broad cross section of the entire supply chain (from raw material to end-consumers) for multiple industries.
Find out how the NexTrust networks are unique here.
The action engages major shippers as partners owning freight volumes of well over 1,000,000 annual truck movements across Europe, plus SME shippers and LSPs with a track record in ICT innovation.
In each area, NexTrust is driving efficiency to lower congestion, uncertainty and fuel use. It will help logistics providers to cut costs and remain sustainable in the long-term.
NexTrust is coordinating 33 different pilots which address problems across the length and breadth of the logistics industry. These include:
- Bundling freight volumes to reduce the number of vehicles running empty, or at less than full capacity
- Shifting freight from the road onto rail and waterways which are more carbon-efficient
- Creating and refining technologies designed to optimise efficiency in logistics, including re-engineering networks and improving real-time utilisation of transport assets.
NexTrust is a 31 member consortium of some of Europe’s leading thinkers on collaborative logistics. It is funded by a grant from the European Commission. The grant was awarded in a competition entitled “Fostering synergies alongside the supply chain (including e-commerce)” under Horizon 2020 and is administrated by the European Commission’s Innovation and Networks Executive Agency.
Horizon 2020 is the biggest EU Research and Innovation programme ever with nearly €80 billion of funding available over 7 years (2014 to 2020) – in addition to the private investment that this money will attract. It promises more breakthroughs, discoveries and world-firsts by taking great ideas from the lab to the market. Find out more