Two-sided Marketplace

Uber-like service for trucks – a marketplace that meets demand and supply for trucking.

What if a small trucking company or truckers who own their own vehicles:
1. Don’t have to rely on calling companies to find their next job
2. Can use an app to find available loads and be offered near-real time dynamic pricing of those contracts
3. Can minimize empty returns by optimizing backhauls
4. Can be offered optimized loads that match their availability, preferences, and qualifications
5. Can build their reputation by way of real-time feedback they receive of their delivery service

What if shippers who need freight transport could:
1. Connect over an app, rather than the traditional way of using a phone broker to find haulers in real time
2. Offer load pricing based on real time market conditions
3. Track load pickup/delivery status
4. Source qualified haulers without having to verify driver’s credentials, insurance coverage 5. Dramatically reduce back office expenses

How will this work?
Shippers can create shipments in minutes and truck drivers are notified immediately about new loads available in their area. The demand and supply are matched instantaneously – resulting in increased transparency, efficiency, reliability, and compliance – for both shippers and haulers.

The solution will leverage modern technologies such as artificial intelligence, machine learning, deep analytics to solve for:

  1. Dynamic pricing (pricing based on real world conditions as they happen)
  2. Minimize empty return trips
  3. A recommendation engine that optimizes prices, loads, and routes

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