Leading developer of cloud-based All-in-One platform based on artificial intelligence (AI), business intelligence (BI), and machine learning (ML) for efficient and digitalised management of supply chain and transport processes, Trucknet Enterprise has signed a primary document of principles for initial cooperation with the Israeli airline company CAL Cargo Airlines.
The agreement will help CAL improve efficiency, reduce shipping costs, improve service, and provide optimisation for last-mile and first-mile delivery.
The platform developed by Trucknet allows for the collection of information in real-time regarding available capacity for cargo in trucks and reduces the number of empty rides, making it easier for transport companies to ship worldwide, thereby saving costs, reducing greenhouse gas (GHG) emissions and contributing to lowering the number of road accidents involving heavy vehicles.
According to the agreement, in the first stage, Trucknet will provide the Challenge Group with the license to use the platform in Europe and later in the US.
The first month will be considered a pilot project with no payment; at the end of the pilot period, Trucknet will receive regular payment from the client of about €5 for each trip as well as an additional 5% of the shipping costs for each successful 'matching' within the system for an empty truck.
This payment will be received from the sub-contractor for the use of the accompanying automation system of the platform. In addition, the agreement stipulates that the two companies will work together to promote cooperation and sign the detailed and binding agreement within 30 days.
Hanan Fridman, CEO and Founder, Trucknet, said, 'I am pleased to announce that Trucknet is expanding its services to airlines operating in the area of logistics, and will provide a solution for optimising last-mile delivery and first-mile delivery for the air carriers and transport companies.'