The Coalition for Reimagined Mobility is calling for global policy action, including defining how critical information can be shared between freight sector stakeholders as a condition of port access
LONDON, UK – News Direct – 28 June 2022 – The Coalition for Reimagined Mobility (ReMo), a global initiative formed to shape policies and ideas for a fairer and more sustainable movement of people and goods around the world, today published a report examining the impact of data sharing in the freight sector to improve the sustainability and reliability of the global supply chain.
The report features new models from the International Transport Forum (ITF) who found that the adoption of an open freight data exchange standard would not only improve operational efficiencies across the supply chain and reduce the unprecedented amount of goods stuck in global ports, but also lead to an estimated 22% reduction in CO2 emissions by 2050 and save 2.5 billion barrels of oil per year.
Freight data exchange standards are open or freely available technical specifications that define how critical information can be exchanged to seamlessly facilitate global freight logistics. The standardization of cargo data exchange will support the transition to widespread software-enabled communications that form the backbone of better coordination of stakeholders in the global supply chain.
Clean fuel and electrification are not enough to decarbonize the freight sector
“We need a comprehensive plan of action to decarbonize our global freight sector,” he said Mary Nichols, Co-Chair of the Coalition for Reimagined Mobility. “Continuing as before is not an option. As we transition to ever lower-carbon fuels, ships and vehicles, we must also rapidly deploy technology solutions that drive operational efficiencies – and much-needed climate benefits – across the global supply chain.”
ReMo has partnered with the ITF to use their world-renowned freight emissions model to quantify the emission reductions that could be generated by sharing data to share logistics data in near real-time and streamline the supply chain. The impact is significant, including:
- A reduction of 280 million tonnes of carbon per year in sea freight emissions and 360 million tonnes of carbon per year in road freight emissions;
- eliminating 2.5 billion barrels of oil per year; and
- 6 percent cost savings per tonne-kilometer.
A standard for freight data exchange will increase the resilience and sustainability of freight systems while reducing oil dependency.
The digitization of the freight sector is lagging behind as market and regulatory failures have created barriers to change. The time to act is now. The Coalition for Reimagined Mobility calls on politicians to take the following steps immediately:
- Require the use of cargo data exchange standards as a condition of port access.
- Deploy freight data exchange standards that deliver near real-time operational data.
- Assign power to national governments and ports to require the use of cargo data exchange standards.
- Provided seed funding to ports and industry stakeholders to conduct standard data exchange pilots and projects.
- Initiate and fund targeted intermodal exchange and smart steaming programs to deliver near-term emissions reduction benefits.
“The world’s largest shippers and key supply chain players need to work together to embark on a new path to decarbonization and resilience by embracing digitization and a globally accepted standard for sharing cargo data,” he said Michael Hynekamp, Managing Director, Wallenius Wilhelmsen ASA. “Together with the members of the Coalition, we are committed to reinventing the freight system in collaboration with private and public organizations around the world. Digital transformation is the way to our sustainable future.”
Visit this link to download the full report. For more information about the Coalition for Reimagined Mobility and a detailed list of officers, visit: https://reimaginedmobility.org/about/.
About the Coalition for Rethinking Mobility
The Coalition for Reimagined Mobility (ReMo) is a global effort by leaders from industry, government and academia to create fairer and more sustainable policy solutions that use technology to improve the movement of people and goods. As an initiative of SAFE, the Coalition for Reimagined Mobility conducts research and advocacy to advance economically sustainable policies and platforms that put people and planet first. Visit reimaginedmobility.org for more information.
About the International Transport Forum
The International Transport Forum is an intergovernmental organization with 64 member countries. It acts as a transport policy think tank and organizes the annual summit of transport ministers. The ITF is the only global organization covering all modes of transport. The ITF is administratively integrated into the OECD, but politically autonomous. Visit www.itf-oecd.org.
Coalition for a Reimagined Mobility (ReMo)
International Transport Forum (ITF)
+33 6 15 95 03 27
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