Traqo is a third-party logistics management platform that provides end-to-end visibility across the freight lifecycle through features like sim-based tracking, trip management, and automated freight settlement. The platform addresses inefficiencies in logistics operations by enabling real-time tracking and streamlined communication among all stakeholders, resulting in improved operational efficiency and cost savings.
Funding
Funding not disclosed
Founders
Product
Problem
Many manufacturers and shippers face challenges in tracking freight, managing logistics operations, and ensuring seamless communication between stakeholders, leading to inefficiencies and increased costs. Existing solutions often lack end-to-end visibility and rely on manual processes, resulting in delays and errors.
Solution
Traqo offers a third-party logistics (3PL) management platform designed to provide end-to-end visibility and automation across the entire freight lifecycle. The platform streamlines logistics operations by enabling real-time tracking through sim-based technology, eliminating the need for additional hardware or integrations. Traqo facilitates seamless communication among all stakeholders, automates freight settlement, and offers features such as indent automation and reverse auctions to optimize procurement. By providing a single source of truth for all logistics-related activities, Traqo helps businesses improve operational efficiency, reduce costs, and enhance collaboration across their supply chain. The platform's features include route planning, 3D load planning, and a WhatsApp bot for real-time updates and RFQ generation.
Target Audience
Traqo primarily targets manufacturers, shippers, and other businesses involved in logistics and supply chain management who seek to improve visibility, streamline operations, and reduce costs associated with freight management.
Features
- Sim-based tracking for real-time location monitoring without GPS hardware
- Indent automation to streamline the freight booking process
- Reverse auctions for competitive bidding and cost optimization
- Automated freight settlement to accelerate payment cycles
- Route planner for efficient delivery management
- 3D load planner for optimizing vehicle capacity
- WhatsApp bot for real-time RFQ generation and stakeholder communication
- Digital KYC for secure and compliant vendor onboarding
- API and plugins for integration with existing TMS systems
- Carbon tracking to monitor and reduce CO2 emissions per shipment