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Real-time indicator of global trade

  • US 10,607,287 B2
  • Filed: 05/09/2014
  • Issued: 03/31/2020
  • Est. Priority Date: 05/09/2014
  • Status: Active Grant
First Claim
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1. A method, performed by a computing system that is interfaced with one or more remote source systems, for generating a real-time indicator of global trade based on a plurality of metrics that are generated from tracking information retrieved from the source systems over a period of time, the method comprising:

  • establishing and maintaining a first interface with one or more Automatic Identification Systems that communicate with sea vessels in real-time to obtain, from the sea vessels, sea vessel tracking information;

    periodically querying the one or more Automatic Identification Systems via the first interface to retrieve current sea vessel tracking information about a plurality of sea vessels that are currently transporting sea freight, the current sea vessel tracking information including, for each of the plurality of sea vessels that are currently transporting sea freight, at least two of;

    an identifier of the sea vessel, a type of the sea vessel, a position of the sea vessel, a course of the sea vessel, a speed of the sea vessel, a destination of the sea vessel, an estimated time of arrival of the sea vessel, a draft of the sea vessel and a gross tonnage of the sea vessel;

    storing the current sea vessel tracking information that is retrieved over a first period of time;

    extracting and calculating, from the current sea vessel tracking information sea freight capacity metrics representing freight capacity of the plurality of sea vessels during the first time period, the sea freight capacity metrics including at least two of;

    gross tonnage, gross tonnage kilometers, number of departures, and speed for the plurality of sea vessels during the first time period, such that the computing system uses the current sea vessel tracking information, not to track the plurality of sea vessels, but to calculate the sea freight capacity metrics;

    extracting and calculating, from the current sea vessel tracking information, sea freight volume metrics representing freight volume for the plurality of sea vessels during the first time period, the sea freight volume metrics including at least two of;

    twenty-foot units, number of shipments, shipment kilometers, and draft for the plurality of sea vessels during the first time period, such that the computing system uses the current sea vessel tracking information, not to track the plurality of sea vessels, but to calculate the sea freight volume metrics;

    performing, by the computing system, one or more calculations on the sea freight capacity metrics to generate a sea freight capacity component based on the sea freight capacity metrics;

    performing by the computing system, one or more calculations on the sea freight volume metrics to generate a sea freight volume component based on the sea freight volume metrics;

    generating the real-time indicator of global trade as macroeconomic data that represents a current global economic state by combining, via the computing system, the sea freight capacity component and the sea freight volume component; and

    transmitting, by the computing system, the real-time indicator of global trade to another computing system to thereby cause the real-time indicator to be displayed as a visual indicator that represents the current global economic state.

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