The purpose of the cooperation is to integrate Trucknet’s system and jointly promote activities with haulage companies and storage centers, transfer information to the port and integrate systems for the purpose of improving and streamlining services and supply chains.

Mr. Hanan Fridman, CEO of Trucknet announces, ” Haifa Port is one of the major players in Israel’s logistics chain, providing services to thousands of customers and trucks, daily. The use of our platform will enable optimization of truck traffic to and from the port and will reduce traffic of empty trucks in the port and on national roads.

The port management comprehended that extensive use of the Trucknet Platform by haulage companies and storage centers would lead to a reduction in the overall travel of trucks on the roads, to the regulation of truck drivers’ hours of operation, minimization of waiting times and a reduction in the amount of pollutant emissions. We demonstrated that the Trucknet Platform is highly relevant to port activities and customers and will allow optimization of truck traffic to and from the port while reducing empty truck traffic in the port and on national roads. Furthermore, the Trucknet Platform will enable the Port to receive timely and accurate information that anticipates (and in the future even manage) the arrival times of trucks to the port, thereby providing a more efficient level of service to port customers throughout the day and night.

It will be clarified that due to this technology creating a WIN-WIN situation and insofar the haulage companies and storage centers assimilate our technology, Haifa port management anticipates being an active partner in the implementation and expansion of the technology.

Mr. Mendi Zaltzman, Haifa Port CEO announces: The port supports and is ready to promote innovative initiatives whose purpose is to reduce road traffic, improve and streamline the logistics chain and reduce pollutant emissions in Israel. We see Trucknet as a leader in innovative Israeli technology, and considering this technology creates a WIN-WIN situation, we anticipate being an active partner in implementing and expanding the use of this technology, while improving the port’s profitability and efficiency.

About the Company

Trucknet Enterprise provides a green, cloud-based ALL IN ONE digital platform, enabling transportation and logistics companies to reduce transportation costs and save resources by optimizing freight deliveries via all modes of transportation through Artificial Intelligence (AI), Business Intelligence (BI) and Machine Learning (ML). The Platform offers an online tool for calculating CO2 emissions from vehicle fleets and smart automated matching capabilities between trucks and cargo, based on location, which includes a fast, user-friendly payment solution for the B2B market.

Trucknet’s Platform enables haulage and logistics companies to significantly minimize empty journeys, by automatically prioritizing available vehicles with other companies in the field of transportation and logistics, by making smart Matches, between empty trucks and cargo, based on location.

Trucknet’s solution enables full automation and land transport optimization for companies managing commercial vehicle fleets and consumers of logistics services to significantly streamline and reduce costs, thereby improving companies’ efficiency and profitability, lowering service costs, increasing profitability, reducing the number of empty trucks, which as a result, reduces pollutant emissions and damage to the environment, and helps reduce the number of road accidents involving trucks. Data from the Central Bureau of Statistics show that heavy vehicles are involved in 30% of road accidents, and the rate of pedestrians killed in urban areas by heavy vehicle, trucks and buses is 23%.

The Company aims to establish An exclusive professional system in the field of smart cooperative transportation. Trucknet’s Platform software interfaces with all leading workflow systems – TMS and telematics systems, enabling haulage companies to improve and optimize vehicle fleet management and resource sharing, using digital documents (without the need to print them). Trucknet has developed management interfaces tailored to meet driver and end customer requirements, enabling full connectivity, monitoring and transparency as well as, providing solutions for making payments through the system.

Trucknet operates in the international transportation and logistics market, valued at approximately $19.36 trillion, and as of 2020, approximately 500,000 trucks and approximately 4,000 customers are connected to the system. Global empty truck data: Europe 27%, United States 36%, and Asia 46%.

During October 2020, the Company conducted a joint pilot with the Renault Group, during which a connection was made to Renault’s bid system, which performs tenders for each job order and via the Platform located contractors, according to their location, in relation to Renault’s requests. The pilot demonstrated that using the Platform leads to a 17% improvement in the efficiency and profitability of logistics services and a saving of 115,000 euros within two weeks on 268 trips out of 371 trips (68% success).

The results of the experiment illustrated the platform’s ability to streamline and save transportation costs for logistics companies, due to the ability of the Trucknet Platform to match freight orders to haulage contractors, inter alia, based on their geographical proximity to the location of cargo, allowing them to submit cheaper quotes.

The Company, which was founded in 2016 by Mr. Hanan Fridman, who serves as the Company’s CEO, employs approximately 40 people, in offices around the world. Trucknet has signed agreements and pilots with leading Israeli and international companies, including DSV LA POSTE, DPD, ChronoPost All Cargo, Israel Post and more.

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