Private Fleet Net Zero uses multi-patent pending AI to match private fleet backhaul capacity with freight buyers, monetizing empty miles. This platform connects available lanes with appropriate loads based on equipment and schedule, generating revenue for fleets at no cost. The service helps reduce fleet operating costs while providing reportable CO2 reductions to satisfy ESG goals.
Funding
$1M 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.
Founders
Product
Problem
Private fleets often operate with significant empty backhaul capacity, leading to wasted resources, increased operational costs, and unnecessary carbon emissions. Matching these fleets with available loads from 3PLs and other freight buyers presents a logistical challenge due to the need for precise matching and real-time coordination.
Solution
Private Fleet Net Zero (PFNZ) addresses this problem by aggregating private fleet backhaul capacity and matching it with available loads from 3PLs through an AI-powered platform. The platform enables private fleets to monetize their empty backhauls, while providing 3PLs access to reliable capacity at competitive prices. By streamlining fleet-load interactions, PFNZ reduces empty truck miles, lowers carbon emissions, and improves overall efficiency in the freight industry. The platform integrates with existing Transportation Management Systems (TMS) via API, CSV, or web application, ensuring seamless data exchange and streamlined workflows. PFNZ also partners with Allianz Trade to guarantee payments to private fleets, fostering trust and encouraging participation.
Target Audience
The primary target audience includes private fleets seeking to monetize empty backhauls and 3PLs looking for reliable trucking capacity at competitive prices.
Features
- AI-powered load matching algorithm optimizes the utilization of private fleet backhaul capacity.
- Integration with TMS systems via API, CSV, or web application for streamlined data exchange.
- Real-time visibility into available lanes and equipment types.
- Guaranteed payments to private fleets through a partnership with Allianz Trade.
- Platform access is free for private fleets.
- Focus on reducing empty truck miles and carbon emissions.