Volvo Trucks North America yesterday announced it is now offering Load Finder, a service that helps carriers streamline logistics operations and turn empty miles into revenue.
Load Finder is available at no cost to Volvo customers and the company said it 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.
Deadhead miles are a costly challenge for carriers, driving up fuel use, emissions and operating costs, said a statement from Volvo announcing the new service. According to the American Transportation Research Institute, empty miles account for about 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 also simplifies logistics for dispatchers by aggregating data from over 40 load boards into a single platform, reducing the time and administrative effort spent searching for the next load.
Volvo Trucks collaborated with Canadian freight technology company Class8 to co-develop the data integration feed from Volvo trucks to enhance the load recommendations.
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, said Volvo.
Carriers can sign up for Load Finder on the Volvo website at volvotrucks.us/loadfinder.
Volvo said 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 devices and transportation management systems for more precise load matching.
