Horizontal collaboration has the potential to considerably improve the efficiency and asset utilisation of road freight.
Between September 2011-2014, the European Union is actively promoting and supporting collaborative logistics by sponsoring a €2 million, three year project, called CO3 (Collaboration Concepts for Co-modality) which aims to develop, professionalise and disseminate information on the business strategy of logistics collaboration in Europe.
The Logistics Research Centre is one of a consortium of 18 knowledge institutes and specialised industry players across Europe working together to:
- increase vehicle load factors,
- reduce empty movements, and
- stimulate co-modality,
the achievement of which will reduce cost and transport externalities, such as congestion and greenhouse gas emissions, without compromising service levels.
The project coordinates studies and expert group exchanges and builds on existing methodologies to develop legal and operational frameworks for collaboration via freight flow bundling in Europe.
The role being played by the LRC in this project is leading a work package to develop new business models for logistics collaboration. The developed tools, technologies and business models will be applied and validated in the market via pilot studies. Finally, the CO3 consortium will promote and facilitate matchmaking and knowledge-sharing through conferences and practical workshops to transfer knowledge and increase the market acceptance of collaboration.