With €54m raised so far, AI- and big data-powered Ontruck has rapidly become Europe's leading B2B platform for efficient and green road freight logistics.
Why
Outdated technology
Brokers are using phone and email to manually manage supply and demand.
Inefficient road freight operations
Up to 40% of carriers’ return journeys are empty, also causing unnecessary CO2 emissions.
High intermediary costs
Freight brokers generally charge 15% commission to match demand and supply in the market.
Market
$2.4 trillion
The market value of the global road freight transportation industry in 2017, the latest available figures.
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