Load Finder is a load board service that helps carriers streamline logistics operations and turn empty miles into revenue.
Photo: Volvo Trucks North America
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Volvo Trucks North America is now offering Load Finder. This is a new service that helps carriers streamline logistics operations and turn empty miles into revenue.
Unlike other load boards that require costly subscriptions, Load Finder is available at no cost to Volvo customers. The OEM said the service is especially valuable for new carriers entering the freight market or established fleets looking to help maximize paid miles and support more efficient freight movement.
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Load Data Integration
“Deadhead miles,” when a truck hauls an empty trailer, are a costly challenge for carriers. Dead heading drives up fuel use, emissions and operating costs.
According to the American Transportation Research Institute, empty miles account for approximately 16 percent of all non-tank truck operations.
Volvo said Load Finder helps carriers recapture this lost revenue by matching trucks with high-quality, best-fit loads based on location, price, route, and driver availability.
“Deadheading represents lost time, lost money, and unnecessary environmental impact for our customers and for the industry,” said Peter Voorhoeve, president, Volvo Trucks North America. “With Load Finder, we are offering a simple, free service that helps fleets improve utilization, lower costs, and reduce emissions. It is another example of how Volvo Trucks is helping our customers improve total cost of ownership through innovative solutions.”
Load Finder uses real-time data and machine learning to quickly connect trucks with available spot loads and is available to all carriers, regardless of the truck manufacturer or model.
Photo: Volvo Trucks North America
Volvo said that in addition to revenue opportunities, Load Finder simplifies logistics for dispatchers by aggregating data from over 40 load boards into a single platform.
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This helps reduce the time and administrative effort spent searching for the next load.
It also helps carriers of all sizes improve fleet utilization, reduce downtime, and keep trucks on the road, generating income.
Because Load Finder works with all truck brands and models, it is perfect for carriers with mixed fleets, Volvo said.
Volvo Trucks collaborated with Canadian freight technology company Class8 to co-develop the data integration feed from Volvo trucks to enhance the load recommendations.
Powered by Volvo Connect
For Volvo customers, Load Finder offers enhanced integration through Volvo Connect, the company’s fleet management platform. Live truck data feeds into the analytics to deliver faster, smarter load recommendations. Carriers can sign up for Load Finder on the Volvo website at volvotrucks.us/loadfinder.
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Load Finder doesn’t require any additional hardware or software and is accessible on both desktop and mobile devices. Fleets can also connect their existing Electronic Logging Device (ELD) and Transportation Management System (TMS) for more precise load matching.
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