Business

Warp’s Middle Mile Delivery: The Future of Oil Transport

To live in the contemporary world, one must have access to transportation. It helps the economy by allowing countries to trade goods and communicate with communities.

Advancements have fueled global economic development in mobility during the last century. 

Fast and free shipping and pandemic-related delays have pushed e-commerce’s final-mile delivery to the forefront of the industry’s news cycle, raising customer expectations. 

Nevertheless, an entire omnichannel fulfillment strategy necessitates middle-mile delivery in addition to the rest of the chain.

The Warp

Using Warp, shippers, carriers, and freight facilities link to digitize the old-school trucking paradigm and generate the most effective routes for middle-mile freight delivery. 

Warp is the first freight network that combines digital pooling with physical aggregation sites, giving shippers a pricing structure and incredible flexibility with out-of-date transportation firms. Warp operates in California, the New York Tri-State area, and Texas.

Bee Partners, Amplify, and others participated in a $2.4 million seed round for Warp, a middle-mile transportation solution for shippers powered by carriers and cross docks powered by a tech-enabled network. 

It will be used to develop the product further using the money raised in this round, speed up development in the company’s first markets, and expand with existing customers. Less-than-truckload (LTL) freight will be their initial target market.

To modernize the old-school trucking business and design the most effective routes for middle-mile freight, Warp uses proprietary technology to bring shippers, carriers, and facilities together. 

Warp is the first freight network that combines digital pooling with physical aggregation sites, giving shippers a cost structure previously unimaginable with out-of-date trucking firms. 

This enables Warp clients to follow their shipments at the pallet level during their trip, thanks to their own TMS, WMS, and driver app.

Oil Transport

Various transportation and storage systems are involved in the “midstream” process of bringing oil to market. 

Transportation networks have been created to move crude oil to refineries, where it is processed, and to convey refined goods to where they will be consumed (like a gas station). 

Refined oil and other goods are kept in storage facilities to keep up with demand.

In most cases, oil is delivered by one of four methods:

Oil Pipelines

A popular method of transporting crude oil. Channels are often used to transport crude oil from the wellhead to refineries and ship-loading facilities. The carbon footprint of pipelines is substantially smaller than that of vehicles or rail.

Rail Transport

As new oil sources are discovered worldwide, shipping oil by rail is becoming more common. Rail transport is a viable pipeline option for long-distance cargo because of its low capital costs and short construction time. 

Rail transportation still has some substantial problems in terms of slowness and pollution.

Transporting Oil by Truck 

The least expensive option is also the least flexible regarding where it may take the oil. Trucks typically carry oil and refined petroleum products to their final destinations.

Ship 

Oil may be carried by ship where land transportation is not feasible. A 30,000-barrel tanker barge may transport about 45 rail tank cars for a fraction of the cost. According to the route, barges are 20-35% less expensive than pipelines in terms of the overall cost. 

Above-ground storage tanks are used to store oil. Until the oil is ready to be delivered, the oil will be held at this facility.

Warp Driven The Future of Oil Transportation

 

Most people in the world’s wealthier nations will admit that they like their current modes of transportation. 

They enable us to travel whenever we choose, door-to-door, with or without luggage, and with or without the company of loved ones. 

Our products are delivered, and an unnoticed freight distribution system supports our way of life. 

So what’s the point of worrying about the future, mainly how the energy that powers our mobility affects the environment?

Due to their sheer magnitude and unstoppable expansion, these systems must be addressed. These people use petroleum-based fuels (gasoline and diesel) on an unfathomable scale. 

With their widespread usage, they produce enormous amounts of CO2 as a byproduct of combustion converted to the potent greenhouse gas carbon dioxide. Transport contributes to around a quarter of global greenhouse gas emissions. 

Demand for petroleum will soar as more emerging nations take to the roads, making it challenging to keep the environment free of harmful greenhouse emissions. 

We need to consider the current transportation system while looking at these possibilities. To begin with, it is well suited to the developed world, which is where it was created. 

It has evolved over decades to strike a balance between economic expenses and the wishes and requirements of its consumers. 

Secondly, this enormously efficient system depends only on petroleum. Fuel-efficient internal combustion engines (ICE) have been developed for land vehicles and jet engines (gas turbines) for the air. 

Finally, these cars are built to last. It’s doubly challenging to adapt quickly. It will take decades to limit and eventually reduce the adverse effects of transportation energy on the environment.

In addition to better propulsion systems, a transition to lighter materials and various vehicle architectures may cut weight and improve fuel economy without downsizing. 

However, combining more lightweight fabrics with a smaller vehicle would significantly impact more. 

Our “general purpose vehicle” assumptions of today may be drastically altered in the future.

Bottomline

Fuel efficiency will likely rise as a result of advances in technology. Some of these improvements may even help counterbalance the predicted rise in vehicle population growth in developed countries. 

Warp will fill a need in the middle-mile market by providing similar solutions presently unavailable. There has been a lack of cross-pollination amongst middle-mile technologies. 

A service provider can only supply you with one of these two things: visibility or efficiency.

As a result, we’re able to mix them, enabling us to design unique solutions for shippers depending on their objectives (time or cost).

Regarding customer care, Warp doesn’t believe in an all-or-nothing approach. For your and your company’s benefit, we aim for simplicity, speed, and scalability in all we do.

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