Trucknet Impact Report

The Challenges

Land shipping and logistics challenges

"Empty miles"

trucks that drive back empty

Today, more than 20% of global greenhouse gas (GHG) emissions come from the transportation and logistics industry. In the USA, 36% of trucks are empty, in Europe 27% of Lorries run empty, and 40% in Asia, 46 billion miles annually. If you consider that more than 20% of global greenhouse gas emissions come from the transportation and logistics industry, then the share of emissions from empty trips is over 6%. It is also less profitable for shippers.

DIY connectivity between various transportation modes
the transportation and logistics industry based on a traditional market model that has difficulty integrating technologies and includes multiple service providers who move loads using trucks, trains, planes, and ships, whose systems do not communicate and do not synchronize.
Full load miles

when the truck or plane is full, it emits a high level of GHG emissions and other pollutants

Road Safety
drivers spend too many hours on the road because of holds up in shipments. 35% of serious accidents involve trucks. Many truck drivers work long working hours, involving night hours and being away from home. This can affect mental and physical health.
Fuel prices
are high and fluctuate, raising expenses for shipping companies and making costs more unpredictable.
Low bridges and incompatible roads
create a safety issue for trucks
Paperwork and bureaucracy
are time and money consuming. Paper documents tend to damage or get lost. Some countries, such as France, already have regulation that demands digitalization of the process and by 2026 e-CMR will be mandatory for all OECD countries.

Shipment compliance to regulation by each country.

GHG emissions calculation
in real-time, not just in retrospect, based on methodological compliance with the EN16258 standard.
Demand from logistics and shipping companies to be more efficient by stakeholders
the market is moving ahead and creating new technologic-based benchmarks.

Global low carbon challenge

Transportation is the second-largest source of CO2 emissions globally, contributing more than 20% of total energy-related CO2 emissions (IEA 2021c). Transformation of the transportation industry requires several shifts:

  1. a shift to low-emitting modes of transport
  2. an acceleration of the move to zero-carbon cars and trucks
  3. preparation for the move to zero-carbon aviation and shipping. In addition, car and plane using frequent travelers should abate. These shifts should be promote simultaneously, and many actions can address more than one shift.

The last UN COP marked 2030 as a target for creating areas with reduced transport emissions up to zero in 2050. In the E.U., where the Trucknet platform were installed, domestic transportation was the second largest carbon polluter in 2020, with a share of 27 percent.

To achieve a lower carbon economy, transports demand must be reduced, and avoid delays and traditional unstainable solutions.

To this end, a coalition platform formed at COP26 to bridge the gap between supply and demand for technologies in transportation focusing on shipping and trucking. The coalition set ambitious targets 30% of their heavy-duty and 100% of their medium-duty new truck purchases will be zero-emission trucks by 2030.

Retailers and manufacturers require their truck service providers that 30% of heavy-duty and 100% of medium-duty new truck purchases will be zero-emission trucks by 2030.

The transport and infrastructure industries have started their journey towards net zero emissions, and Trucknet’s platform is a stepping-stone on the way to get there.

Global Challenge illustration

Trucknet as a company will continue to engrave on its banner values of openness, investigation, diversity, and cooperation and will strive to produce, alongside a professional, proactive, and fair work environment, growth mechanisms that support the community and stakeholders, in the transportation and logistics sectors, which rely and depend on the human resource.​

The great challenge facing us today is our view as an industry responsible for 20% of polluting emissions, our part, and our responsibility in shaping the future of our planet.

It is clear to all today that only a firm policy of countries, and international cooperation, will be able to produce the change required to meet the goals set by the world leaders at the recent climate conferences. Will we successfully reduce greenhouse gas emissions in Israel by 30%, as stated by Israel’s Ministry of Environmental Protection? Will the Western countries fulfill their commitment to reducing emissions to 0% in 2050? The only way to realize this vision is through practical solutions like the one offer by Trucknet.

Our ability to provide, among other things, a system that records emissions in real-time, and enables its analysis as a database collected from the telematics systems of vehicle fleets, has changed how companies treat emissions today. Instead of manual and inaccurate registration stored without any use, the creation of a perfect extensive data array, which in the future will lead to the possibility of trading emissions contracts with similar factories and companies.

The French philosopher Jacques Alul said, “Modern technology has become an absolute phenomenon for civilization, the defining force of a new social order in which an efficiency is no longer an option but a necessity imposed on all human activity.”

When looking towards the distant future, when autonomous trucks driven by electricity will be on the roads, it does not take much to imagine the significant role that Trucknet’s system will play in driving shipping processes without human contact.

Until then, we continue to develop our cloud-based ecosystem – which streamlines the shipping processes while subjecting them to each country’s regulation.

Through the “floating fleet” on our platform, we create a cooperative economy-based solution to the problem of the “empty mile” of heavy vehicles, thereby helping to not only achieve economic efficiency and improve profitability but also to reduce road travel and the number of traffic accidents involving heavy vehicles. These are lofty goals directly related to improving the quality of life for all of us, regardless of geopolitical borders.

Another tool in our kit is the “Trucknet Smart Catalyst”. An exclusive fuel-saving product that calculates GHG emissions that implement immediately in heavy vehicle fleets, alongside strategic collaborations that we have worked on in the past two years expand the diverse suite of solutions that we can adapt for the consumers of the transportation and logistics industry on the way to realizing the vision of 0 pollutant emissions in 2050.

Trucknet as a company will continue to engrave on its banner values of openness, investigation, diversity, and cooperation and will strive to produce, alongside a professional, proactive, and fair work environment, growth mechanisms that support the community and stakeholders, in the transportation and logistics sectors, which rely and depend on the human resource.

Founder and President, Trucknet

Meet Trucknet

The Transportation & Logistics Industry

The logistic supply chain is going through a revolution, and most of its processes being digitize and automated. On the one hand, this creates opportunities for implementing efficient, innovative solutions. On the other hand, large shippers, forwarders, and freight companies often become overwhelmed with the plethora of new types of system solutions entering the market at an accelerating pace: TMS, ERP, Fleets, Telematics platforms, the need to comply with new regulation standards as e-CMR and Carbon Emissions Restrictions, and more.

While all platforms together create an opportunity for massive efficiency improvement, they also present a challenge to integrate and synchronize between them all.

In this perfect storm, a cross-platform integration and optimization solution consolidates this new and diverse digital ecosystem of management platforms and leverages the Company’s assets that are not capitalized on, such as empty freight rides and freight data, is needed now more than ever.

Trucknet, listed on the Israeli Stock Exchange in 2021, has operated in Israel since 2016 with two private subsidiaries in France and Romania.

Our Vision

We focused on new technologies, new tools, and novel ways of thinking to foster sustainability in supply chains.

Our vision is to deal with the global climate crisis while streamlining and improving the current logistics and supply chain operation, significantly improving the existing work methods to optimize the empty vehicle and GHG reduction and calculation.

Our Mission

Trucknet aims to transform unsustainable behavior in the global transportation and logistics sector. The wide use of our intelligent cloud-based platform for cross-company optimization could significantly reduce empty truck rides on roads. We envisage promoting our innovative freight exchange system to assist companies in enhancing profitability while reducing environmental impact.

We aim to:

  • Improve financial and environmental impact performance through automation.
  • Promote digitalization transformation
  • Advance operational efficiency
  • Improve road and driver safety.
  • Calculate GHG emissions in real-time to reduce them.

Our Solutions and Technology

Trucknet platform main Features:

Real-Time Visibility, ETA, and Control

Matching System

BID System

ERP & TMS Integration

Customization of the Customer Transportation business Model of Orders & Contracts between Companies

Digital Formation of Transportation Legal Documents – e-CMR

Carbon Footprint Minimization and Calculation Tool

Cloud-based dynamic Reporting and Data Storage

Trucknet offers an all-in-one, digital, cloud-based platform that utilizes a shared economy model based on resource-sharing between logistics companies, transport, and factories. It is an iPaaS (integration platform as a service) solution is essentially a cross-company resource optimization. It matches the location of an available truck with cargo while considering the final destination and other parameters.

The B2B platform allows transport and logistics companies to minimize significantly empty trips, through an automatic prioritization interface of available vehicles with other companies, by performing intelligent matching tenders based on location between empty trucks and loads.

Our platform collects big data and analyses it. It includes an online calculator for calculating and reducing carbon emissions, intelligent automatic matching capabilities based on location between trucks and cargo, and an easy and fast payment solution for the market.

By allowing members of the community to share resources among themselves, it creates one virtual shared transportation fleet based on real-time location.

With Trucknet, users can simultaneously match, view and consider thousands of companies with thousands of requests. To provide a “perfect match,” the platform locates the best match in terms of location, time, and price and adjusts other factors, such as driver rest time, allotted driving hours, insurance for the load, and road traffic choosing the route intended for transport. Trucknet’s solutions allow companies to increase their number of shipments and significantly improve efficiency through a system that matches empty trucks and available cargo via an automated bidding system. This feature automates the order management process for companies, enabling them to reduce considerably the many work hours currently spent on negotiating for loads, making bookings, securing shipments, sending orders, and more. Companies using established systems can fully integrate Trucknet’s platform and gain add value by eliminating the empty mile.

Telematics

Trucknet automatically collects data based on telematics technology, such as GPS location and operational information from TMS (Transport Management Systems).

The trucking industry uses fleet telematics to gather data using GPS technology, sensors, and onboard diagnostics codes. The collected data includes vehicle location, driver behavior, vehicle activity, and real-time engine diagnostics.

The telematics device usually connects to the vehicle’s onboard diagnostics port with a SIM card. A modem allows for communicating the collected data via a wireless network to a central server.

The server then reads the data and displays it through a secure website, on either a computer or mobile application, enabling the end user, such as a fleet manager, to manage the data remotely, interpret it, and make informed decisions regarding fleet efficiency.

A fleet telematics system usually consists of two components:

  • The GPS tracking device generally installed in the vehicle’s onboard diagnostic port.
  • The fleet communication software system is most often located at a dispatch center or fleet manager’s office.

Fleets within the trucking industry usually install telematics devices and accompanying fleet management software to collect and transmit a broad range of information.

That information can include vehicle maintenance issues, vehicle location via real-time GPS and asset tracking, vehicle usage, fuel consumption, rapid acceleration, hard braking, hard cornering, idling time to minimize fuel consumption, and Speeding.

Information from telematics and GPS fleet tracking systems provide in-depth insights into the fleet. Fleet managers can use these insights to help identify at-risk drivers, improve fleet safety, reduce fuel waste, and lower operating expenses.

Real-Time Visibility, ETA, and Control

Shippers and Forwarders do not always have accurate and reliable information regarding their cargo and cannot monitor the real-time status of their orders along the shipping process. 

Trucknet’s platform integrates with GPS & telematics systems, creating real-time visibility and a single control point for all shipments. The Trucknet Platform streams live transportation statuses and updated ETA (Estimated arrival time) via the Trucknet Mobile App based on live driver updates, traffic and road conditions, and relevant country regulations affecting the ride. 

The Trucknet application allows full and easy access to all the paperwork related to the shipment, including e-CMR. The driver signs the shipment using his mobile phone. The application determines the optimal travel route and offers a professional navigator who weighs all the data from the road for the driver, adjusted for heavy vehicles.

Trucknet Smart Fuel Catalyst

Trucknet is also co-developing in the U.S. and markets a Smart Fuel Catalyst (patent No 7156081B2) that aims to reduce fuel consumption and emissions in heavy vehicle diesel engines.

Fuel savings up to 7.4%

Engine life extension and improved maintenance approx. on 20%

Emission reduction up to 54%

ERP & TMS Integration

Trucknet can connect to existing systems but also offer its system. We can custom-build a system that can communicate with existing solutions.

Companies use multiple application software solutions that aim to manage activity, and order vehicles and fleets, while there is no full integration, communication, and transparency between these systems at a sufficient level. 

Trucknet integration with ERP and TMS programs offers complete visibility and a single access point to all orders and shipments. Trucknet provides full API integration with existing applications, software solutions, and programs to manage all supply chain data in one place – Trucknet’s Dashboard. ERP integration function is tailor-made specifically for users with various ERP software. To integrate correctly, Trucknet’s development team analyzes new users’ existing ERP or TMS systems, develops proper API to consolidate data from all different systems, and integrates them via the Trucknet platform. 

Trucknet Carbon Footprint Minimization and Calculation Tool

The Trucknet Carbon Emission Footprint Minimization tool (CO2 emissions calculator and monitor) calculates transportation Emissions using transaction parameters by unique algorithm compliance with the EN16258 standard.

The emission calculation tool includes the following:
  • Estimated, live, and actual (after shipment concludes) emissions calculation
  • Historical reports
  • Calculation statistics per customer needs.
The tool can give an estimate at the beginning of each trip of the number of emissions expected for each journey so that at the end of the trip, real-time data allows showing the reduction in emissions brought about by the improvement and optimization of the shipping route. While most vehicle fleets can calculate emissions only retrospectively, Trucknet’s system reaches a real-time update on the emissions from each truck in a way that makes it possible to show the savings compared to the original route before it improved.

R&D

Our research and development activities focus on improving the Trucknet platform by integrating artificial intelligence (A.I.) and machine learning (ML). Among our development plans are projects like digital management of transportation fleets, an algorithm for an optimal riding plan, an online emission calculator for heavy vehicles, and ERP integration capabilities.

Business presence and partnerships

Trucknet has signed several agreements with noteworthy factories, companies, and logistics organizations throughout Europe and the U.S., including operational Agreements with CS PPG Romania S.A., Saint Gobain, DSV, KYNITA, Hochland, Farmec, Carpatina BEVERAGES S.A. and more. 

The Company promotes business development in the U.S. and Europe. In 2022, two agreements of intent were signed, one with the United States Army, to examine the implementation of Trucknet’s technology in the logistics system of the U.S. Army European-based units, and the other, with logistics company Sigmai, whose clients include NATO, Elbit Rafale, and many others.

Israel Prime Minister’s Office chose the technology of Trucknet Enterprise to be used for specific requirements; The purpose of the use is to improve the visibility of classified loads, make them digital, and track them in real-time using the professional navigation system.

Commercial Partnerships

LogPay​

LogPay operates in Europe in the field of parking for trucks. LogPay customers can use the Trucknet platform to receive smart matching services to find cargo for their empty truck rides and use the platform's visibility digitization services, and have the option to report availability after due rest. Trucknet platform customers can use the LogPay system to book appropriate & safe parking spots for heavy vehicle fleets from LogPay.

PTV​

Trucknet has signed an Agreement with PTV Group for exclusive distribution in Israel of their advanced route planning system for entities, websites, and Applications; the system uses online routing services for the optimization of traffic-lane planning, synchronization of traffic schedules and roadwork, and for route calculation designated for trucks and buses. PTV's routing services are offered to the Company through integration into the Trucknet platform.

Pilots

Renault Group

Trucknet conducted a joint pilot project with the Renault Group in which a connection was made to Renault’s bid system that tenders each work order. Through the system, contractors are identified on the base of their location in relation to Renault’s requests. The pilot proved that connection to Trucknet’s platform improved the efficiency and profitability of logistics services by 17%; savings achieved were up to €115,000 in two weeks for 268 trips out of a total of 371 (68% success rate).

The pilot results demonstrated the platform’s ability to improve efficiency and save transportation costs for logistics companies. 

Israeli Ministry of Environmental Protection

In cooperation with the Israel Innovation Authority

Within the framework of the first-of-its-kind pilot, an analysis of big data and optimization of various vehicle fleets will carried out using the Trucknet platform in order to reduce truck traffic from Israeli roads; According to estimates, between 35%-45% of trips carried out by transport companies for hauling containers are empty trips, with no cargo.

The Trucknet platform will provide an analysis of the information coming in from a large number of carriers, and then offer a smart match between empty trucks (with no cargo) and containers that need to be transported, leading to an improvement in efficiency and profitability for the carriers. The pilot will be in cooperation with the Council of Transporters and several transport companies operating throughout the country.

IDF

IDF Pilot for Trucknet smart catalyst

On a pilot with the Israeli army (IDF), the Trucknet Smart Catalyst fuel converter successfully demonstrated a 7% savings on fuel consumption under laboratory conditions, meaning a more than 25% reduction in overall polluting emissions from engines. The IDF already announced that, in light of these results, it intends to conduct a follow-up pilot study under field conditions. 
United_States_Army

U.S. Army

In 2022 the U.S. Army signed a letter of intent with Trucknet. According to the Agreement, the U.S. Army will examine Trucknet’s technology to improve its global transportation system. 

The purpose of the pilot planed is to implement the Trucknet system in several units of the U.S. Army operating in Europe to test its ability to influence the optimization of the logistics and transport systems between the various departments and reduce the acceleration of the number of empty rides.

Professional Partnerships

International Transport Forum (ITF)​

International Transport Forum (ITF)​ Logo
Trucknet joined the Corporate Partnership Board of the International Transport Forum (ITF) in Oct 2021. The ITF is an intergovernmental organization that acts as a platform for discussing and pre-negotiating policy issues across all transport modes, and it facilitates global dialogue for better transport. Trucknet and the ITF collaborate on transport decarburization, supply chain innovation, and digitalization. Trucknet’s participation in the ITF board’s activities presents a stage for the challenges of the heavy vehicle industry in the global supply chains. It enables the decision-makers to promote immediate solutions, which will allow compliance with the international goals for reducing emissions. The connection between policy promoters and the private sector is critical to realizing the vision of zero emissions. It is an opportunity to present Trucknet expanding technological solutions for the transportation industry, not only to the private sector but also to the decision-makers, which can promote national and international legislation, this time with broad recognition of the variety of immediate solutions that can be activate on the way to the realization of its policy.

International Transport Forum (ITF)​ Logo

UETR

International Transport Forum (ITF)​ Logo

UETR represents more than 200,000 road transport undertakings in Europe (Micro, Small, and Medium Enterprises) with a total capacity of 430,000 commercial vehicles. UETR is an associate member (sectorial organization) of SME United, the association of Crafts and SMEs in Europe, with around 70 member organizations from over 30 European countries. UETR takes the lead and chairs the SME United Transport Forum, a cooperation platform bringing together small and medium-sized enterprises from manufacturing and repair of road vehicles as well as road transport. The forum aims to develop joint positions on all transport-related issues such as sustainable transport, organization of the supply chain, road safety, infrastructure efficiency, etc. It serves as an effective information channel for the sector’s requirements as they emerge from the field, which helps the Company improve its products and adapt to the needs of each customer and under the regulation in each country.

The Council Of Carriers In Israel ​

The Council Of Carriers In Israel Logo
Together with the Council of Carriers in Israel, the Association of Transport Enterprise Owners works for transport enterprises. The state recognizes it as a representative organization, and the organization represents thousands of shuttle and transport companies. The Council aims to act against law violators through enforcement, supervision, and control of various issues. The Council is working to create a fundamental change in the status of carriers and drivers in employment and supervising the safety officers. In addition, the Council works in a variety of areas, such as adopting European standards in the field of its activity, implementing a new program for driver training, working to increase investments in road infrastructure – parking bays and parking lots, maintaining the conditions of employment of drivers, and more.

IETA

IETA Logo
The International Emissions Trading Association (IETA) is a non-profit business organization created in June 1999 to establish a functional international framework for trading greenhouse gas emission reductions. Its membership includes leading international companies from across the carbon trading cycle. IETA members seek to develop an emissions trading regime that results in effective and verifiable greenhouse gas emission reductions while balancing economic efficiency with environmental integrity and social equity. In order to achieve its goals, the IETA produces reports and professional material in the field of greenhouse gas emissions, and it does so regarding the variety of emitting sectors, including transportation. It serves as an up-to-date and reliable source of data, work plans, and reports, allowing Trucknet to adapt its systems per each country’s regulatory requirements and, in the future, will enable offsetting and trading of greenhouse gas emissions.

Our ESG Impact​

SDGs​
In 2015 United Nations Adopted the 2030 Agenda for sustainable development, which contains 17 Sustainable development goals (SDGs), each with its targets and indicators, representing an approach that organizations should work holistically to solve global sustainability challenges in various areas.

SDG 9
Industry, Innovation, and Infrastructure

"Build resilient infrastructure, promote inclusive and sustainable industrialization, and foster innovation."

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SDG 8
Decent Work and Economic Growth

"Promote sustained, inclusive and sustainable economic growth, full and productive employment and decent work for all."

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SDG 13
Climate action

"Take urgent action to combat climate change and its impacts."

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