It seems that we have applied the on-demand business model to almost anything we could lay our eyes upon – cab bookings, doctor appointments, movie tickets, home services, food delivery – the list is endless.
The latest addition to the on-demand economy are the Uber for trucking companies. You can simply use a mobile app to get access to trucks and drivers who help you to move your stuff. The service is also available for enterprises who can increase the efficiency of their supply chain and cut down logistics costs.
The global logistics industry is poised to reach $12,256 billion by 2022 with a CAGR of 3.48%. Various on-demand trucking platforms like Uber Freight are looking to tap into the industry and get a share of the market. Today we will explore the top Uber for trucking companies from all around the world.
How Uber for Trucks Business Model Works?
An on-demand trucking business works almost on the same principle of an on-demand ride-hailing app. Shippers and companies use a mobile app/web interface to locate and book trucks and vans according to their requirements. Carriers/vehicle owners/drivers receive bookings through their app/web interface and send quotes/accept bookings at upfront rates or via freight bidding marketplace model.
The shipper pays the trucker after the delivery is successful. The on-demand trucking companies generally collect a share from the payments for acting as the digital matchmaker.
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