NEW YORK, March 21, 2017 /PRNewswire/ -- Transfix, the leading provider of simplified, digital logistics services for truckload freight, has introduced online load booking and rate negotiation capabilities for carriers. These added features allow truckers and carriers to rapidly find desirable loads and book them instantly, or expedite negotiating a rate.
At least 10 percent of all truck miles are driven empty every year as carriers grapple with finding and loads that match their equipment and availability, and relying on a manual process of monitoring load boards, making phone calls and waiting for return calls from brokers. Now, carriers or their dispatchers can accept and book a load, or counter offer to negotiate a higher rate, from their mobile phone, tablet or laptop through the Transfix website. As a result, the booking system enables carriers to reduce deadhead miles, wait times and time spent searching and negotiating for a load — all translating into better operational planning and more revenue.
"The traditional process of finding, negotiating and booking loads is extremely time-consuming and frustrating for carriers and there's little transparency built into the process," said Drew McElroy, co-founder and CEO of Transfix. "Since trucking is part of our team's identity, we're able to provide the answers to the questions we know all carriers ask up-front, simplifying the booking process and helping them to make the load and rate decisions that are best for their business."
Transfix uses data and technology to match carriers to loads based on several factors including frequently driven routes, equipment type, or the carrier's current or headquarters position, enabling them to reduce business inefficiencies. Carriers who work with Transfix receive daily email notifications on available loads that match their profile. These notifications link to a page that displays all of the information carriers need to feel confident booking a shipment, including the rate, pickup and delivery locations, appointment times, trailer type, required loading and unloading equipment, and more.
"When Drew and I started Transfix, one of our goals was to enable carriers to use some of the most advanced tools technology has to offer, including machine learning, to make growing and managing their businesses easier," said Jonathan Salama, CTO, Transfix. "We are now seeing that goal come to fruition with the release of cutting-edge technology that carriers will want to use."
In addition to carriers, dispatchers and booking representatives can use Transfix to streamline workflows as well. Often responsible for booking multiple trucks at any one time, dispatchers can book loads that are relevant for drivers and negotiate loads in just a few steps, with the ability to work in advance in order to optimize revenues as well as truckers' time.
Transfix provides a new level of transparency, automation and efficiency to the $726 billion full-truck-load shipping industry, which until now has been largely dependent on paper, phone and fax. From mobile apps for drivers to fleet management tools for small carriers and owner-operators to logistics management tools for shippers, we simplify the user experience, increase efficiency and reduce costs for all stakeholders within the truckload-shipping ecosystem. Launched in August 2013, Transfix has raised $35.8M in capital and is backed by top VC firms in NYC and San Francisco, including Canvas, NEA, Lerer Hippeau Ventures, Founder Collective and Bowery Capital. Transfix is headquartered in New York City.