First earnings for Trucknet Enterprise Romania from the glass giant Saint Gobain

Logistics Tech Outlook | Monday, September 27, 2021

Following use of the system gratis for 6 months, Saint-Gobain Romania continues to use the platform developed by Trucknet as a paying client

Saint-Gobain Romania, part of an international group operating throughout Europe in Spain, Italy and France, will use Trucknet's system for smart "matchmaking" between available capacity in trucks with cargo, thereby improving efficiency and profitability for the transport companies.

Following successful implementation in Romania, the services offered by the system will be expanded to additional countries in Europe. According to estimates, the company operates hundreds of thousands of transports a year across Europe.

As said by Mr. Hanan Friedman, CEO and founder of the company: "Saint-Gobain's decision to pay for using Trucknet's platform for another 3.5 years, and integrate the system in their company's additional factories, indicates the necessity in the world for the system we developed. We appreciate the trust in our technology and are pleased with the efficiency and profitability that Saint-Gobain has received from using the system.

This is a strategic agreement for us, as Saint-Gobain Romania is part of an international group operating throughout Europe. The company runs about eight factories for the manufacture of glass in Romania. "Trucknet's platform is already implemented in three of the company's factories and is planned to be integrated in the other European plants during the coming year".

July 6, 2021, Israel, (Tel: Tran??) Trucknet, a company that developed a platform enabling smart matching between available space in trucks with cargo (for haulage) for improving efficiency and profitability for companies, announced today that Saint-Gobain Romania intends to continue using the Trucknet platform for an additional 3.5 years as part of the 4-year contract previously signed. As may be recalled, the first 6 months were free of charge after which the customer could decide if to continue using the Trucknet platform for a fee, at the rates specified in the agreement signed earlier this year; in addition, the system could be integrated in other plants of the company.

Saint-Gobain Romania is part of an international group working throughout Europe. The company operates eight glass factories in Romania, out of which three have already implemented Trucknet's platform. During the coming year, the company is expected to implement the platform in the remaining five plants.

It should be noted that there is no commitment on the part of the customer for the amount of travel or for connecting the additional factories to the Trucknet platform. This information is based on subjective assessment.

About the Saint-Gobain Group

Saint-Gobain Romania is part of an international group operating across Europe: over 75% of Saint-Gobain's sales are made in the construction market, mainly for new construction and residential renovation. Saint-Gobain is also very active in industrial markets. The group provides its expertise in areas of innovation and development with a wide range of materials for application in various sectors, such as automotive, aeronautics, health, security and defense, as well as in the food and beverage industries.

About the company

Trucknet developed a cloud-based All-in-One platform based on artificial intelligence (AI), business intelligence (BI), and machine learning (ML) for efficient and digitalized management of supply chain and transport processes. It offers cross-company automatic matching based on location, including an easy and quick payment solution for the B2B market. The system includes an online tool for calculating carbon emissions.

Trucknet's platform enables transportation and logistics companies to significantly minimize empty rides, by automatically prioritizing available vehicles with other transport and logistics companies, thereby offering matching for empty trucks and available cargo.

Trucknet's solution enables full automation and optimization for road transport for companies managing commercial vehicle fleets and for customers of logistics services. The system assists companies to significantly lower costs and improve efficiency and profitability through reduction of the number of empty trucks on the roads; air pollution and GHG emissions are reduced with less damage to the environment.

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 valued at about $ 19.36 trillion. As of 2020, the company has approximately half a million trucks connected from some 4,000 companies.

Data from the world on empty trucks: in Europe 27% of trucks on the road 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%. In addition, it brought savings of up to 115,000 euros 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 the cargo, thus, allowing them to submit lower price proposals and save costs.

The company, established in 2016 by CEO Mr. Hanan Friedman, employs about 40 people spread across offices around the world. Trucknet has signed agreements and pilot projects with leading companies in Israel and the world, including DSV, La Poste, DPD, ChronoPost, All Cargo, Israel Post and more.

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