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from the following ted talk identify potential revenues and costs of the innovation or idea. this can be very general in nature. The speaker discusses
from the following ted talk identify potential revenues and costs of the innovation or idea. this can be very general in nature. The speaker discusses the immense impact of the supply chain, freight, transportation, and logistics industries on both the economy and greenhouse gas emissions. These industries represent a trillion-dollar sector annually and are significant contributors to greenhouse gas emissions. The speaker highlights that the global supply chain primarily operates through various modes, with full truckload being the largest one in the US, accounting for around $400 billion per year. However, a major issue is that many of these trucks run only half full, which results in the same amount of fuel consumption and greenhouse gas emissions as a fully loaded truck. To address this inefficiency, the speaker introduces a solution involving algorithmic carpooling for truckload freight. They've developed software that allows for "ride-sharing" of freight, optimizing routes and ensuring trucks are fully loaded. This approach benefits both drivers and carriers by minimizing distance and maximizing revenue opportunities. The speaker emphasizes that as this solution scales, it has the potential to disrupt traditional modes and create a more integrated and efficient supply chain. By sharing data and achieving greater visibility
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