According to Hanan Fridman, CEO and founder of the Company, “We are pleased to announce that Uri has joined the management team of Trucknet. Uri has extensive experience in the field of shared transport and smart technologies as well as in management, demonstrating an understanding of the worlds of transportation and regulation. I am confident that Uri’s position will provide a significant contribution to the continuing technology and business development of the company, as well as to the expansion of Trucknet globally.
2 December 2021, Israel, (Tel Aviv: Tran) Trucknet that developed a platform enabling smart matching between available capacity in trucks and cargo for improving efficiency and profitability for transport companies, announces today the appointment of Uri Appelbaum as company COO, who will begin his position in the coming days.
Uri has worked in the Ministry of Finance, while in his last position he served as Deputy Director General of Projects and Technologies at the Ministry of Transport and Road Safety’s National Public Transportation Authority. Prior to that, he worked as a professional consultant for the Ministry’s Director General and was promoted to his Chief of Staff.
As part of his responsibilities at the Ministry of Transport, Appelbaum was involved in running the smart public transportation projects “Bubble Dan” and “Tik Tak Egged” and he promoted digitization and online payment processes in public transportation in Israel.
As head of smart transport at the Ministry, Appelbaum worked to promote solutions for reducing traffic congestion and increasing mobility options offered to the public. He was in charge of advancing the model “Mobility as a Service” (MaaS), an advanced concept that places user needs in the center, along with reducing ownership and use of private vehicles. This can be achieved by ensuring that all mobility services are accessible through a single technology platform (One-Stop-Shop).
These projects required a connection between government systems and various private sector initiatives for ensuring that all means of transport would be accessible to the public; this demands real-time information on location and availability of buses, taxis, trains, autonomous vehicles, shared travel platforms, shared bicycles and more.
Appelbaum, holds a bachelor’s degree in law and economics from Tel Aviv University and a master’s degree in public policy from the University of Chicago.
Uri was one of 40 Most Promising Young People chosen by TheMarker magazine in 2020.
About the Company
Trucknet Enterprise provides an ALL-IN-ONE digital, cloud-based platform that enables transportation and logistics companies to reduce transport costs and save resources by optimizing shipments across all modes of transportation, through the use of Artificial Intelligence (AI), Business Intelligence (BI) and Machine Learning ML.
The platform aims to establish a unique professional system in the area of shared transport. It includes customized management interfacing for drivers and end users, a smart BID system, automatic matching based on location between trucks and cargo, an easy and quick payment solution for the B2B market, and an online tool for calculating CO2 emissions of fleet vehicles.
Trucknet’s software interfaces with all the leading work scheduling (TMS- Transportation Management Systems) and telematics systems, or enables the integration of an original TMS system. Transport companies are provided with full visibility and optimization for fleet management, while using digital documentation (e-CMR), offering complete connectivity, monitoring and transparency.
Trucknet’s solution, customized for the needs of each client, enables automation and complete optimization for land transport for companies that manage commercial vehicle fleets as well as for customers receiving logistics services. Efficiency is improved, significantly reducing costs, and consequently increasing company profitability, together with a reduction in the service cost.
This shared ecosystem that connects trucks with cargo significantly reduces empty miles (mileage accumulated while driving with an empty container). As a result, the number of vehicles on the roads is reduced as well as harmful emissions, damage to the environment and traffic accidents involving trucks. This is accomplished by a user interface that automatically prioritizes available vehicles from one company with other transport and logistics companies by making a smart match based on location between empty trucks and available cargo. The data for trucks that travel empty (without cargo) in the world stands at 27% in Europe, 36% in the United States and 46% in Asia.
A 2021 survey carried out by TIAA-CREF (Teachers Insurance and Annuity Association – College Retirement Equities Fund) found that about half of investors currently hold socially responsible investment (ESG – environmental, social, and governance) portfolios, as they realize that the value of an impact investment is more than return alone. The solution offered by Trucknet is therefore an absolute WIN- WIN-WIN for any company that integrates and connects to its platform, as well as for the investor and, of course, for the environment.
Trucknet operates in the international transportation and logistics market, valued at about $19.36 trillion, and to date the company has approximately half a million trucks and about 5,000 companies registered from around the world.
Since its Initial Public Offer (IPO) on the Tel Aviv Stock Exchange in April 2021, the Company has signed a number of Agreements with noteworthy factories, companies and logistics organizations throughout Europe and the US, including operational Agreements with CS PPG Romania S.A., Saint Gobain, DSV, KYNITA, Hochland, Farmec, Carpatina BEVERAGES S.A. and more.
Trucknet was founded in 2016 by CEO Mr Hanan Fridman, and the company has more than 40 employees in offices in France, Romania and Israel.
