Trucknet joins the global giants – Volvo, Toyota, Uber, Michelin, ExxonMobil, Siemens, Shell and more

Trucknet has joined the CPB platform

The International Transport Forum (ITF) is administratively integrated with the OECD, and politically autonomous

The CPB brings together companies from across the transport modes who want to work with policy-makers to find solutions for transport challenges, and lead change in transportation culture

Mr Young Tae Kim, Secretary General of the ITF said: “I welcome Trucknet as the latest member of our Corporate Partnership Board. Efficient but flexible freight transport is critical for making global supply chains more resilient and sustainable”

According to Mr Hanan Fridman, CEO and founder of the company: “It is an honor and global achievement for me, and for Trucknet, to join CPB and be part of a forum with some of the largest companies in the world that have set a goal of ensuring a transition to sustainable global transportation. We offer our technology for reducing the number of heavy vehicles on the roads as a milestone on the path to achieving zero greenhouse gas (GHG) emissions by 2050

The fact that about 30% of freight trucks on the roads run empty indicates serious inefficiency in the management of transport and logistics systems. We have a proven technological solution for the problem – finding a “match” based on a smart algorithm to reduce empty rides

It is clear to me that membership in the platform will contribute greatly to us, in building future collaborations with companies from the world of transport that have a common goal of reducing emissions and taking an active part in the global green revolution”

October 27, 2021, Israel (Tel: Tran), Trucknet the developer of a big data platform that enables smart matching between available capacity for haulage in trucks and cargo, with the aim of improving efficiency and profitability for companies and reducing empty rides, announces today that it has joined the Corporate Partnership Board (CPB) of the International Transport Forum (ITF). Trucknet will work through the ITF to promote reduction of carbon emissions from transportation, enhance innovation in supply chains and digitalize

Trucknet was able to join the group thanks to the success of the unique platform it has developed, along with its vision for sustainability, including the reduction of  GHG emissions, as well as traffic accidents

The ITF is an intergovernmental organization with 63 member states established to facilitate a global dialogue for improved transport policies and actions. It serves as a think-tank for the member governments and organizes the annual international Conference for transport ministers. The Corporate Partnership Board is the ITF’s platform for reaching out to the private sector and expanding the discussion on global transportation policy from a business perspective

 :Among the members of CPB

Airbus, Aramco, Arrival, AutoCrypt, Bosch, Cruise, ExxonMobil, Iberdrola,  Kakao Mobility, Michelin, NXP, PTV Group, RATP Group, Shell, Siemens, SNCF, Spea Engineering, TIER Mobility, Total, Toyota, Uber, Valeo, Voi, Volvo

According to Mr Young Tae Kim, Secretary General of the ITF – “I welcome Trucknet as the latest member of our Corporate Partnership Board. Efficient but flexible freight transport is critical for making global supply chains more resilient and sustainable. Trucknet’s cutting-edge technology helps avoid wasteful empty runs while giving freight forwarders additional options and reducing operators’ costs. This is an important lever to reduce the emissions in hard-to-decarbonise transport modes like heavy road freight. Trucknet’s frontline experience will help to inform the work of the ITF in this area. I look forward to working with Hanan Fridman and his team” :About the International Transport Forum ITF

The International Transport Forum is an intergovernmental organization with 63 member countries. It acts as a think tank for transport policy and organizes the Annual Summit of transport ministers. ITF is the only global body that covers all transport modes. The ITF is administratively integrated with the OECD, yet politically autonomous

ITF works for transport policies that improve peoples’ lives. Their mission is to foster a deeper understanding of the role of transport in economic growth, environmental sustainability and social inclusion and to raise the public profile of transport policy

ITF organizes global dialogue for better transport. They act as a platform for discussion and pre-negotiation of policy issues across all transport modes. It analyzes trends, shares knowledge and promotes exchange among transport decision-makers and civil society. ITF’s Annual Summit is the world’s largest gathering of transport ministers and the leading global platform for dialogue on transport policy

www.itf-oecd.org

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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