B&V CEO Attends NEARS Spring Conference in Newport
Evangelos Efstathiou, CEO of Burmester & Vogel, participated in the Spring 2023 NEARS conference held in Newport, Rhode Island.
About NEARS
NEARS (North East Association of Rail Shippers) convenes leading rail shippers, railcar owners and rail carriers from the U.S. and Canada to discuss market developments, supply chain practices, and technology innovation.
Our Engagement
We have been engaging with rail shippers about enhancing rail services through a combination of geospatial and demurrage data analysis. This approach aims to deliver actionable insights regarding costs and sources of operational delays within the rail industry.
Cross-Industry Application
While our core focus remains maritime demurrage, the principles of tracking delays and calculating costs apply across transportation modes. Our conversations with rail professionals explore how our technology platform could address similar challenges in rail logistics.
The NEARS conference provided valuable networking opportunities and insights into how land-based transportation faces many of the same operational challenges as maritime shipping.