Revamping Freight Efficiency: How Volvo Trucks Innovates Logistics

Volvo Trucks Introduces Load Finder for Enhanced Revenue

Volvo Trucks North America is excited to share the launch of Load Finder, an innovative service designed to enhance logistics operations for carriers. This service aims to convert empty miles into profitable routes, proving especially beneficial for both new carriers entering the freight market and established fleets optimizing their operations. Load Finder stands out by offering accessibility at no cost to Volvo customers, diverging from the traditional costly subscription models of other load boards.

Tackling the Challenge of Empty Miles

For truck carriers, the term "deadhead miles" refers to the distance traveled with an empty trailer. This not only elevates fuel consumption and emissions but also inflates operating costs. An analysis reveals that empty miles constitute about 16 percent of all non-tank truck operations, emphasizing a crucial area for improvement. Load Finder works diligently to recover this lost revenue by connecting carriers to the most suitable loads based on considerations such as location, pricing, route, and driver availability.

A Commitment to Environmental Sustainability

Peter Voorhoeve, president of Volvo Trucks North America, stated, "Deadheading represents lost time, lost money, and unnecessary environmental impact for our customers and the industry." He further elaborated that Load Finder simplifies processes, allowing fleets to enhance vehicle utilization while simultaneously lowering expenses and minimizing emissions. This initiative is part of Volvo Trucks’ ongoing commitment to supporting clients in reducing their total cost of ownership through innovative digital solutions.

Features to Enhance Logistics Operations

Load Finder also focuses on streamlining logistics for dispatchers, consolidating information from over 40 different load boards into one cohesive platform. This integration significantly decreases the time and effort truck operators spend searching for the next load, which is crucial for enhancing fleet productivity. The platform benefits all types of fleets, including those with mixed brands and models of trucks.

Collaborative Development with Class8

Volvo's partnership with Canadian freight technology firm Class8 has led to the development of a sophisticated data integration feed, optimizing load recommendations from Volvo trucks. Customers using Load Finder benefit from improved integration via Volvo Connect, the company’s advanced fleet management platform. This allows for real-time truck data to feed into analytics and provide faster, more accurate matching for available loads.

No Additional Hardware Required

The beauty of Load Finder lies in its simplicity. There’s no need for extra hardware or software, as the service is accessible via both desktop and mobile devices. Additionally, fleets can link their existing Electronic Logging Devices (ELD) and Transportation Management Systems (TMS) for even more accurate load matching, making it an attractive tool for fleets looking to optimize their operations.

Corporate Overview of Volvo Trucks North America

Based in Greensboro, North Carolina, Volvo Trucks North America is recognized as one of the leading manufacturers of heavy-duty trucks in the continent. They pride themselves on their Uptime Services, backed by a robust network of nearly 400 authorized dealers throughout North America. Their manufacturing facility in Dublin, Virginia, adheres to high standards of quality and environmental care, holding prestigious ISO certifications.

The company's commitment extends beyond just manufacturing trucks; they provide comprehensive transport solutions, including diesel, alternative-fuel, and all-electric vehicles. Their operations are grounded in core values that prioritize quality, safety, and environmental stewardship. Globally, Volvo Trucks has a substantial presence, with approximately 134,000 units delivered in recent years, all emphasizing the brand's reputation for excellence and innovative transport solutions.

Frequently Asked Questions

What is Load Finder?

Load Finder is a service provided by Volvo Trucks that helps carriers identify and secure optimal freight loads to minimize empty miles and increase revenue.

How does Load Finder benefit carriers?

The service streamlines logistics by aggregating data from over 40 load boards, simplifying the process of finding qualified loads and improving fleet utilization.

Is Load Finder free for Volvo customers?

Yes, Load Finder is offered at no cost to Volvo Trucks customers, helping them reduce operational expenses.

Can Load Finder integrate with existing systems?

Yes, Load Finder can connect with existing Electronic Logging Devices (ELD) and Transportation Management Systems (TMS), enhancing load matching accuracy.

Where can I learn more about Volvo Trucks North America?

For more information about Volvo Trucks North America and their offerings, please visit their official website.

About The Author

Dedicated Author and financial expert Logan Wright here, 29 years old. After earning an economics degree, I spent a number of years working in different financial industries. My great passion is enabling everyone, from any background or experience level, to understand and be literate in financial matters.

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