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Linfox seeks innovators to help solve fuel challenge 12 April 2019

The fastest transport modes can often be the least fuel efficient

A tech and innovation hub, YBF Ventures, based in Melbourne, Australia, is partnering with Linfox to unlock new and innovative ways to further reduce environmental emissions by optimising fuel consumption.

Kicking off on Thursday 9 May 2019, FuelHack participants will have 28 hours to tackle challenges such as route optimisation, fuel-price tracking, driver behaviour monitoring and the use of telemetry for fuel economy in the search for the most cost-effective and environmentally responsible transport solution.

Fuel is one of the highest operating costs for any supply chain organisation and the fastest transport modes can often be the least fuel efficient. Linfox is deeply committed to reducing its environmental impact and invests heavily in renewable energy, supply chain optimisation, landfill reduction strategies and the most efficient fleet to make good on this commitment. These investments have already reaped significant environmental benefits.

This hackathon aims to further reduce carbon emissions across Linfox’s fleet of vehicles. Encouragingly, an optimisation of just 1.0% can significantly lower carbon emissions across a large network.

On the first day, Linfox Chief Financial Officer, Michael Pickard will personally welcome participants, Linfox Chief Information Officer, Conrad Harvey will run the teams through Linfox’s current use of technology and YBF Ventures’ Chief of Staff, Jason Lim will coach attendees on making the most of a hackathon.

Friday will see the teams presenting their solutions to guests, coaches and judges. The winning innovative solution will receive A$8,000 cash and the runner-up will receive A$2,000 cash. Both will receive desk space to work out of YBF Ventures’ headquarters in Melbourne’s CBD.