Windward announced 18 new customers who will be using the company's recently launched Ocean Freight Visibility (OFV) solution to accurately predict vessel and shipment estimated times of arrival (ETAs) to mitigate supply chain disruptions. In a new reality of supply chain opacity and delays, the new customers come from a wide breadth of industries including freight forwarders, cargo owners, shippers, booking platforms, and others throughout North America, Asia, and Europe. Ocean freight is responsible for the transport of 90% of global trade, yet ocean freight reliability is below 50%, despite a slight improvement this year.

With events like port congestion and severe weather conditions having drastic impacts across the globe and delays causing billions of dollars in losses, some are making the expensive move from ocean to air-freight to meet deadlines. Windward's OFV solution empowers users to overcome delays by providing them with the tools necessary to better predict, plan, and proactively mitigate supply chain risks. The solution provides container and vessel ETA predictions based on deep learning and machine learning subsets that is 80% more accurate than carriers' ETA predictions and cuts down the number of ETAs that are off by 5+ days by 50%.