Trucknet’s platform enables transportation and logistics companies to significantly minimize empty rides by automatically prioritizing available vehicles with other transport and logistics companies, through smart matching based on location of empty trucks with cargo

As said by Mr. Hanan Fridman, CEO and founder of the company: “In a short period of time two noteworthy companies in Europe chose to use our system after realizing the significant value it offers for all users. The global demand for efficiency and profitability is clear, while this expression of trust assures us the technology that we have developed meets the needs of companies

Using Trucknet’s platform will enable the Danish transport giant to optimize fleet management and to negotiate for available vehicles with different companies through an online tender system for each transaction (BID). In addition to the benefits of our platform, there is an environmental advantage of emissions reductions when trips of empty truck (without cargo) are reduced from the fleet

“I believe successfully carrying out the agreement we signed today will lead to more cooperation with other countries. The shipping and logistics company DSV carries out about 150,000 trips a year and is part of the global DSV Group, an international shipping and logistics giant operating in more than 80 countries around the world”

September 13, 2021, Israel, (Tel: Tran), Trucknet a company that developed a platform enabling smart matching between available capacity in trucks and cargo for improving efficiency and profitability for transport companies, announced today that DSV Group approved the company’s automatic system which has been adapted for their needs. DSV will begin to register, on Trucknet’s platform, about 3,000 transport companies that serve as their subcontractors in order to provide delivery and logistics services. The DSV Group will begin commercial use of the platform from 1 October 2021

The payment Trucknet will receive under the terms of this agreement will come from two sources. After the trial run, Trucknet Romania will receive €3 (plus VAT) from DSV for each shipment that DSV carries out using the Trucknet platform; DSV has committed to a minimum of 1,000 shipments per month. In addition, DSV will pay Trucknet Romania a monthly maintenance fee of €1,500 (plus VAT). If DSV makes more than 3,500 shipments per month using Trucknet’s platform, they will be exempt from paying the maintenance fee for that month

About DSV Group

DSV specializes in transport and logistics services by road, air, sea and train. The group is active in more than 80 countries around the world and is traded on the Danish Stock Exchange.

https://www.dsv.com/en

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

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