Overview

PAXAFE provides a risk-management platform for cargo that uses IoT sensor data and predictive analytics to improve insurance pricing and coverage for shipments. The platform gathers real-time sensor data and third-party inputs (weather, traffic) to generate an Adaptive Risk Score, which insurers can use to price products based on actual shipment risk rather than customer profiles. It delivers a digital footprint of shipments—covering who, what, when, where, and how—for all modes (LTL, FTL, ocean, air, and parcel). The service offers real-time visibility, contextual insights, and configurable alerts on critical events for shippers, insurers, and carriers, transforming sensor streams into actionable information. The business runs on a subscription model, providing ongoing access to platform features and insights. Its goal is to enhance supply chain visibility and risk management by linking sensor data to pricing and coverage decisions.