Newtrul is a shipment aggregation platform that automates freight brokerage tasks, enabling brokers to efficiently manage carrier networks and reduce costs by 25% when booking loads. By utilizing AI-driven data analytics, Newtrul transforms traditional load boards into a streamlined, actionable network for freight carriers seeking their next job.
Funding
$7.6M 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.
IG+1Founders
Product
Problem
Freight brokers face challenges in efficiently managing carrier networks and booking loads due to reliance on manual processes and traditional load boards. These methods can be time-consuming and costly, leading to reduced profitability and difficulty in managing market volatility.
Solution
Newtrul offers a shipment aggregation platform that automates freight brokerage tasks, streamlining carrier network management and load booking. The platform leverages AI-driven data analytics to transform traditional load boards into an actionable network, enabling brokers to efficiently find and book carriers. By automating tasks such as carrier matching and rate negotiation, Newtrul helps brokers reduce costs, increase booking efficiency, and build stronger carrier relationships. The system's AI-powered CRM captures carrier data, fostering trust and providing a foundation for brokerage growth.
Target Audience
The primary customers are freight brokerages seeking to automate operations, reduce costs, and improve efficiency in managing carrier networks and booking loads.
Features
- AI-powered carrier sales reps that automatically book approximately 20% of loads
- AI-driven recommendation engine for rate negotiation
- Automated truck list conversion from emails into actionable data
- CRM system to capture carrier data and build relationships
- ROI calculator to estimate the platform's value based on monthly load volume