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Ryder and Terminal Industries have successfully implemented an AI-based yard traffic-monitoring pilot at a Ryder Supply Chain Solutions facility in California. This pilot, which utilized Terminal's computer vision technology, achieved a remarkable 99% accuracy in monitoring truck and trailer movements, processing over 10,000 detections. The collaboration began with a $17 million investment from RyderVentures, which has since grown to $31 million in seed funding.
The pilot program not only automates the check-in process but also aims to connect multiple yards, enhancing operational efficiency across Ryder's facilities. Terminal's approach focuses on solving complex yard management issues through scientific methods, ensuring that the technology can adapt to various conditions. As the program expands to other Ryder locations, it highlights the potential for significant improvements in inventory management and error reduction in yard operations.
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