PSA Innovates with OptETruck, a Digital Solution for Singapore’s Haulier Sector

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PSA Singapore OptETruck

As part of efforts to further digitalise and decarbonise the container trucking industry, PSA Singapore (PSA), with the support of Enterprise Singapore, has developed OptETruck. This proprietary cloud-based transport management solution uses artificial intelligence (AI) to facilitate smarter trip planning and eliminate operational inefficiencies for the haulier community in Singapore. It will help hauliers improve asset utilisation, reduce carbon emissions, and optimise operating costs.

One key feature of OptETruck is automated scheduling, which is enabled by a real-time resource matching algorithm and predictive modelling to maximise resource utilisation. With this, OptETruck can match and recommend jobs so that hauliers can reduce the number of empty trips made across various supply chain nodes. Another important feature of OptETruck is asset pooling. This
feature enables hauliers and their partners to share resources, allowing them to optimise their fleet and trips.

Ms Seow Hwee, Head of Port+ Business, PSA Southeast Asia, said, “OptETruck and the full suite of digital solutions will strengthen and bring about a smarter and more sustainable supply chain and logistics ecosystem in Singapore. Harnessing the support from our partners and stakeholders, PSA seeks to increase these innovative digital capabilities to the small and medium-sized enterprises, which will elevate the competitiveness of the haulage community, drive greater business agility, and aid them in achieving their sustainability targets.”

Multiple haulier companies have already onboarded OptETruck, and with the two key features, they have reduced empty truck trips by over 50%. This translates to an annual reduction of about 10 million kg of CO2 emissions, equivalent to 300,000 trees planted yearly.

Mr Law Chung Ming, Executive Director of Transport and Logistics at Enterprise Singapore, said, “Digitalisation and decarbonisation are key to future-proofing our SMEs in the logistics industry. As such, Enterprise Singapore will continue to support the development of innovative digital solutions such as OptETruck, which can enhance the productivity of SMEs at the industry level by encouraging job and asset sharing. We hope to see more logistics companies benefit from such solutions that enable them to optimise manpower and resources and enjoy cost savings.”

Recently, OptETruck received the Digital Achievers (Team) award at the Tech Leader Awards 2023, a testament to PSA’s commitment to digital transformation to co-create agile, resilient, and sustainable supply chains with our partners and stakeholders. OptETruck and PSA’s two other digital solutions – SmartBooking™ and iBOX™ – will be integrated to form an intelligent logistics ecosystem to digitally connect container terminals, depots, hauliers, and logistics facilities in Singapore.

Mr Pandian Nachiappan, Managing Director at Paltrans Logistics Pte Ltd, said, “OptETruck seamlessly amalgamates the functionalities of depot booking, Portnet processes and transport management into a unified platform, offering invaluable support to SMEs like Paltrans. Being user-friendly, OptETruck effectively streamlines our operations by alleviating labour-intensive tasks, saving time and expenses. Its exceptional features, like recommendations for the fastest routes, truck pooling and automated scheduling, greatly enhanced our efficiency and productivity.”

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Ryan Finn
Ryan is the Digital Marketing and Content Creation Manager for Trade and Logistics Siam Ltd. He provides a creative flair to the team and his resourcefulness helps to bring an imaginative improvement to both literary archetypes and online content production. A writer by day and a rider by night, when he's not composing the latest logistics news update or creating compelling copy for our clients, Ryan spends his free time travelling Thailand by motorbike.