Trucker Path launches public beta version of freight marketplace

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Trucker Path has expanded the availability of a loads marketplace platform to help owner-operators find loads. The public beta testing of its freight marketplace platform follows private testing launched in March with a small number of operators and carriers (reported on in this prior story, part of the April “On-demand load matching” Overdrive cover story).

The platform is now available upon request.

Any truck fleet or operator, shipper or broker interested in trying out Truckloads, as the marketplace is called, can access it via a web portal or directly from the Trucker Path application. Direct access via Trucker Path offers drivers accustomed to using the application a seamless and familiar entry, the company says. Carriers and drivers can also find a feature called Trucker Path FastPay, which guarantees settlement for approved shippers within 48 hours of the delivery.

Nearby loads view on a smartphoneNearby loads view on a smartphone

To find a load, carriers can simply open the Trucker Path web-based client in their browsers and scan available loads using various search parameters. Or truck drivers can use the Trucker Path app to scan the surrounding area for new truckloads or view them in a list. The drivers or fleets then make an offer on the available loads. This triggers the negotiation between the driver or fleet and the shipping party, during which the customer can see the trucker’s Federal Motor Carrier Safety Administration (FMCSA) information and rating. After both parties reach an agreement, they receive all the relevant information about each other and the freight.

“During our first phase of private testing, we offered the Truckloads platform to a select number of users, including three major trucking firms, each with more than a billion dollars in revenues,” said Ivan Tsybaev, CEO of Trucker Path. “Working with them, we’ve developed an easy-to-use application, which will help more truckers find new loads. Our Trucker Path app already provides truckers access to information about parking, fueling and other points of interest along their routes. This is a great way to complete the package by offering them a load finder.”

View from inside web dashboardView from inside web dashboard

Carriers can register for an account at no cost. After just a couple of months of initial testing, Trucker Path’s Truckloads platform has attracted more than 300 brokers. And there have been more than 30,000 loads posted to more than 15,000 truck operators and fleets, according to Tsybaev.

During the public beta testing, carriers or drivers won’t need to pay a transaction fee to use the Truckloads shipping marketplace platform. The application is also open to brokers and shippers, who can register for a free account and post available loads on the site, where parties can negotiate prices, assign or accept loads, or get or provide status updates of the shipments from the time of pickup to the time of delivery. For fleets, load status updates can be delivered from the platform directly to fleet management software.

Trucker Path has been averaging about a 20 percent month-to-month growth rate and has attracted a user base of nearly 300,000, the company says.

 

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