Bosch announced the launch of RevX, a solution designed to streamline fleets’ search for freight, at the Mid-American Trucking Show. According to Bosch, RevX offers a seamless sign-on solution that simplifies logistics by consolidating spot market shipments across multiple sources into a single tool designed to aid dispatchers in finding the load.
The new cloud-based service from Bosch aggregates search results across multiple brokers and load boards based on a specific criterion, calculates profits, and helps with data-driven decision making to eliminate empty miles.
Growing the Bosch Logistics Operating System
RevX is the second Bosch product to launch on the company’s Logistics Operating System (L.OS), which debuted last year in Europe, India, and the United States. The L.OS platform aims to simplify technology and operational processes in the transportation and logistics industry. It is open to all providers of logistics solutions to facilitate the smooth interplay of disparate services and data for companies operating in the logistics space.
Since its debut, more than 60 solutions have been integrated into the platform globally, including 17 in the U.S.
“L.OS connects the logistics-related products, services, and technology offerings of our strategic partners to solve our customers' critical pain points that reduce cost and improve profitability across the logistics ecosystem,” said Luke Hugel, president and regional business responsible for Bosch Mobility Platform & Solutions, North America. “By adding RevX to the L.OS platform, fleets now have access to the fastest way to find and win the best load for them on the spot market, in that moment. Furthermore, with L.OS these loads can seamlessly integrate with the fleet’s transportation management system.”
In the future, Bosch plans to offer increased functionality within RevX for topics ranging from search results in a scheduler to forecast driver and equipment capacity for loads up to a week into the future, enhanced load planning and process flows – all from a single source.
RevX will use artificial intelligence to turn searches across millions of potential loads into recommendations for the best load and deliver one-click communication to help ensure dispatchers secure the revenue-generating loads swiftly while minimizing manual data entry and errors.
Bosch Teams Up with Microsoft
Announced earlier this year, Bosch and Microsoft are exploring new opportunities to leverage generative AI to enhance convenience and safety in vehicles.
The companies anticipate that a collaboration would take the performance of automated driving functions to the next level, and generative AI will be used to determine potential accidents and initiate appropriate driving maneuvers.
Generative AI is already being used in many areas at Bosch, and the company is also working with other partners, including AWS, Google, and Aleph Alpha. Bosch and Aleph Alpha are collaborating on cross-domain use cases, and their partnership is bearing its first fruits in North America with AI-based speech recognition.
