Maayan is a veteran customs clearance company in Israel with thousands of shipments a year
Maayan will pay 5 Euros for each shipment planned via the Platform
For each smart match from the automatic smart match system in the Trucknet platform, subcontractors registered in the system will pay Trucknet a total of 5% of the shipping cost
Israel, March 31, 2022 (Tel Aviv: Tran), Trucknet is pleased to announce that a final Agreement has been signed with Maayan Customs and Transport Services, an expert in the area of logistics. According to the Agreement, the Parties will cooperate for the integration of the Trucknet platform in Maayan’s systems, for a period estimated by the Parties of about 90 to 120 days from the date of signing the Agreement. Following completion of the integration process, the Company will grant a license to Maayan for the use of the Trucknet platform for a trial period of 30 days, free of charge.
From the end of the trial period, Maayan will be able to use the Trucknet platform for total payment of 5 Euros for any shipment planned through the Trucknet platform. In addition, for any match in the automatic smart-match system within Trucknet’s platform, the subcontractors registered in the Trucknet platform will pay the Company a total of 5% of the shipping cost for each match. The terms of payment will be determined in the Agreement between the Parties prior to commencement of commercial use of the Trucknet platform by Maayan.
During the period of the Agreement, Maayan will be entitled to use the Trucknet platform in Israel for a period of about three years and may extend the use of the Trucknet platform for an additional period of three years, subject to agreement of the Parties, in areas to be agreed upon by the Parties. Each Party will be entitled to terminate the indefinite term contract with a written notice 90 days in advance to the other Party.
The Company
Trucknet Enterprise provides a green, cloud-based ALL-IN-ONE digital platform that enables transportation and logistics companies to reduce transport costs and save resources by optimizing shipments across all modes of transportation, through artificial intelligence (AI), business intelligence (BI) and ML machine learning). The platform includes an online tool for calculating CO2 emissions from vehicle fleets and offers smart automatic matching between trucks and cargo, based on location. In addition, an easy and fast payment solution is available for the B2B market.
Trucknet’s platform enables transportation and logistics companies to significantly minimize empty rides through automatically prioritizing available vehicles with other transport and logistics companies. Based on location, the system carries out smart matching between empty trucks and available cargo.
Trucknet’s solution enables full automation and optimization for land transport for companies managing commercial vehicle fleets and for customers of logistics services. The system assists companies to significantly lower service costs and improve efficiency and profitability through reduction of the number of empty trucks on the roads. This results in a reduction of air pollution and GHG emissions, traffic accidents involving trucks as well as less damage to the environment.
Data from the Israel Central Bureau of Statistics show that in 30% of traffic accidents heavy-duty vehicles are involved and 23% of the pedestrians killed in urban areas are from heavy vehicles (trucks and buses).
The Company aims to establish a unique professional system in the area of shared transport. Trucknet’s software platform interfaces with all leading work scheduling systems, TMS and leading telematics systems. Transport companies can improve and optimize vehicle fleet management and sharing of resources, by mutual use of digital documents (without the need to print). Trucknet has developed user-friendly interfaces for the driver and for the end customer offering complete connectivity, monitoring and transparency as well as providing solutions for payment through the system.
Trucknet operates in the international transportation and logistics market, which is assessed at about $19.36 trillion. As of 2020, the Company has approximately half a million trucks connected from roughly 4,000 companies. Some data from the world about trucks that travel empty (without cargo): in Europe 27% of trucks on the roads run empty, in the United States 36% and in Asia 46%.
Trucknet conducted a joint pilot project with the Renault Group during October 2020, in which a connection was made to Renault’s Bid system that tenders each work order. Through the system, contractors were identified on the basis of their location in relation to Renault’s requests. The pilot proved that connection to Trucknet’s platform led to improvement in the efficiency and profitability of logistics services by 17%; savings achieved were up to €115,000 in two weeks for 268 trips out of a total of 371 (68% success rate).
The results of the pilot demonstrated the platform’s ability to improve efficiency and save transportation costs for logistics companies. This is due to the fact that the Trucknet platform adjusts shipping orders for (transport) contractors, based on their geographical proximity to the location of cargo, thus, allowing them to submit lower price proposals and save costs.
The Company, established in 2016 by CEO Mr. Hanan Fridman, employs approximately 40 people spread across offices in the world. Trucknet has signed agreements and pilot projects with leading companies in and outside Israel, including DSV, La Poste, DPD, ChronoPost, Allcargo, Israel Post and more.
