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Volvo invests in Proxio AB, whose software technology reduces transport costs
and protects the environment


The purchase of transport and logistics services is costly and the difficulty of correctly procuring and using various transport solutions often results in unnecessary costs for buyers of transport services. In addition to the costs, the inefficient use of transports has an adverse impact on the environment. Proxio Optimizer™ permits the user to simulate various alternatives and as a result reduce transport costs and environmental effects.

“Proxio has a very high potential since its software not only contributes to major costs savings but also permits a practical and effective planning of transports and, consequently, reduced emissions of carbon dioxide,” says Per Wassén, Investment Director at Volvo Technology Transfer.

Proxio Optimizer can calculate and optimize the discharge of carbon dioxide in evaluating different transport services and work is under way to further improve the efficiency of the software with regards to the environmental area.

“Part of the gain with Proxio Optimizer is the ability to understand and simulate different alternatives. Designing transportation setups, especially situations with a lot of competing alternatives, results in massive amounts of information. Proxio Optimizer allows users to turn that data into straightforward decision materials. Analyses that previously took months are done within days or a week”, says Henrik Erkfeldt, Project Manager at Volvo Logistics, responsible for methods and tools for logistic network optimization.

Volvo Technology Transfer AB is part of AB Volvo and focuses on developing and supporting new business relevant to the Volvo Group. Part of the effort is to invest in companies and projects that are technically and commercially attractive.

Proxio AB will participate and present the software Proxio Optimizer™ at the Logistic & Transport fair, May 20-22, 2008 in Gothenburg.

April 23, 2008

For reporters who want more information, please contact Per Wassén, Volvo Technology Transfer, +46 31 66 91 68 or +46 708 96 00 55


Publisher Contact Information:

Proxio AB
+46 708 53 22 99
christian.lauritzen@proxio.e

Company profile of Proxio
Past press releases of Proxio.

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