xChange covers more than 2500 port locations and sees most activity in the “belt” between Europe, the Middle East/India and South East Asia
Johannes Schlingmeier and Christian Roeloffs launched their startup xChange in Hamburg, Germany, in November 2015, as they wanted to tackle the issue of repositioning empty containers by digitizing the process and allowing for carriers and logistics companies to interchange their empty boxes with the aim of cutting operating costs and the environmental footprint thereof.
The cost of repositioning empty containers amounts to USD 15-20 billion per year industry-wide, impacting container carriers, leasing companies and other logistics companies such as non-vessel owning common carriers (NVOCC) and container traders, according to xChange. Namely, more than 200 million containers are being moved every year with one-third being moved empty. As such, for a typical carrier, repositioning costs represent 5 to 8 percent of total operating costs.
More info: https://www.bcg.com/pl-pl/industries/transportation-travel-tourism/container-xchange.aspx