Hwy Haul is a digital freight platform that enables on-demand truckload shipping for fresh produce, utilizing real-time visibility and automated load booking to enhance operational efficiency. The platform addresses the challenges of unpredictable logistics by providing reliable capacity, reducing empty miles by 55%, and improving on-time delivery rates to 66%.
Funding
$20M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
ECFounders
Product
Problem
The fresh produce industry faces significant challenges in truckload shipping due to unpredictable logistics, including unreliable capacity, high empty mile rates, and inconsistent on-time delivery, leading to operational inefficiencies and potential product spoilage. Traditional freight management often involves time-consuming manual processes and limited real-time visibility, hindering optimization and responsiveness to changing market conditions.
Solution
Hwy Haul offers a digital freight platform designed to streamline truckload shipping for the fresh produce and other industries. The platform provides on-demand access to reliable capacity through automated load booking and real-time visibility, enabling shippers to optimize their logistics operations. By leveraging technology and data-driven insights, Hwy Haul reduces empty miles, improves on-time delivery rates, and minimizes the need for manual intervention, resulting in greater efficiency and cost savings for both shippers and carriers. The platform supports various equipment types, including reefer, dry van, and flatbed, catering to diverse shipping needs.
Target Audience
The primary target audience includes shippers of fresh produce, consumer products, retail goods, food & beverage, manufacturing, and agricultural products, as well as truckload carriers seeking to maximize their efficiency and earnings.
Features
- Instant freight quotes for truckload shipping based on real-time market data
- Automated load booking process, reducing manual effort and response times
- Real-time visibility of shipments, providing up-to-date location and status information
- Mobile app for both shippers and carriers, enabling on-the-go access and management
- Digital document management, streamlining paperwork and reducing administrative overhead
- Matching algorithms that optimize load matching and reduce empty miles
- Integration with TMS (Transportation Management System) platforms via API
- Support for reefer, dry van, and flatbed shipments