How will the business model work?
All customers benefit from having a platform that can provide centralised logistics helping simplify operations. Platform features, which aim to improve customer efficiency, include direct online platform payments as well as tracking of shipments, compliance, driver training with feedback and easy reporting.
Reducing transport and distribution emissions is becoming increasingly important due to the stricter regulations on air quality combined with access to urban centres, Scope 3 GHG emissions reporting and the Science Based Target of reducing transport-related CO2 emissions by 48% by 2050.
Small operators have the most to gain from using FreightShare Lab. They will have access to more jobs, their margins will improve with increased utilisation rates and it gives SMEs the opportunity for new business development and marketing. Similarly, large fleets gain access to further jobs, however, the true added value is the ability to reduce their costs (reducing fuel and trip times) and CO2 emissions by an average of 20%.
To add value to all stakeholders along the distribution supply chain, the business model seeks to include current freight and logistics aggregators. Value delivered to aggregators are in faster delivery, broader geographic coverage, and economies of scale.