Trucks move roughly 70% of our nation’s freight (by weight), effectively moving 10.4 billion tons of freight
annually, including 2017. With these numbers, it’s easy to see why our nation is facing a capacity crisis —
where the industry has an abundance of loads, but a limited amount of capacity (or trucks) to ship those loads.
For example, at the end of 2017, the ratio was seven loads to every one truck, and in early 2018, some reported their highest monthly average in history: nine loads for every truck. In this slideshow, learn more about the trucking capacity crisis and how technology can help fill the gap in the marketplace.
1. B A T T L E T H E C A P A C I T Y C R I S I S :
DYNAMIC LOAD MATCHING
WITH GOLOAD
+ E L D C O M P L I A N C E W I T H M y 2 0 E L D
2. Trucks move roughly 70% of our nation’s freight (by weight), effectively moving 10.4 billion tons of freight
annually, including 2017 (1). With these numbers, it’s easy to see why our nation is facing a capacity crisis —
where the industry has an abundance of loads, but a limited amount of capacity (or trucks) to ship those loads.
For example, at the end of 2017, the ratio was seven loads to every one truck (2), and in early 2018, some
reported their highest monthly average in history: nine loads for every truck (3).
The problem? There’s no extra capacity available. However, that does mean prices will be extremely competitive.
The solution? Using dynamic load matching technology, like GoLoad, to push available, relevant loads straight to
your phone.
THE TRUCKING CAPACITY CRISIS
S o u r c e s :
1 . h t t p : / / w w w . t r u c k i n g . o r g / N e w s _ a n d _ I n f o r m a t i o n _ R e p o r t s . a s p x
2 . h t t p : / / w w w . l o g i s t i c d y n a m i c s . c o m / t r a n s p o r t a t i o n - c a p a c i t y - c r i s i s - 2 0 1 7 /
3 . h t t p s : / / w w w . c c j d i g i t a l . c o m / c a p a c i t y - c r u n c h - b r e e d s - n e w - f r e i g h t - m a t c h i n g - t e c h /
3. Heavy-Duty,
Class 8 Trucks
THE U.S. TRUCKING INDUSTRY
3.6M
DRIVER & CAPACITY
DEMANDS ARE RISING
F A C T S & F I G U R E S
Sources:
http://www.trucking.org/News_and_Information_Reports.aspx
http://www.trucking.org/ATA%20Docs/News%20and%20Information/Reports%20Trends%20and%
20Statistics/10%206%2015%20ATAs%20Driver%20Shortage%20Report%202015.pdf
To keep up with the demand, the trucking
industry will need to hire, roughly:
new drivers over the next decade.
of our nation's freight
(by weight). That's
10.42 billion tons!
70%
Trucks
move
roughly
Trucks move 10.42 billion tons of freight annually.
To move that amount of freight, it takes:
3.6M
Truck
Drivers
38B
Gallons Of
Diesel Fuel
898,000
9 LOADS : 1 TRUCK
Current capacity demand ratios are:
4. “With shippers and third-party logistics (3pl)
providers scrambling to find capacity and lock it
down, 2018 could be the year of freight matching
technology.”
- CCJ Article, "Capacity Crunch Breeds New Freight Matching Tech.”
5. Rather than use traditional load boards, where you wait for carriers to
search for loads and respond, the latest technologies can find capacity in
freight networks several days in advance.
FREIGHT MATCHING TECH
1
Big data and predictive analysis find
capacity in freight networks.
2
Location-based truck tracking and predictive
freight capacity data content are then used to
match freight with available capacity.
3
Carriers and drivers share the hours they have, and
will have available, directly from their ELDs.
6. T H E W O R L D ' S F I R S T D Y N A M I C L O A D M A T C H I N G E N G I N E
Load opportunities right from your mobile device. GoLoad inverts the brokerage and
load board process — instead of carriers having to search for loads, it sends
relevant opportunities to carriers. Integrated within the My20 ELD app, GoLoad
eliminates the largest source of waste for fleets: empty miles.
LOAD OPPORTUNITIES COME TO YOU
INSTANT TRANSPARENCY BETWEEN SHIPPERS & CARRIERS
GoLoad transactions are based on a fixed, transparent fee. Once shipper and carrier agree
on the transaction, both parties are given a single, transparent receipt that clearly shows
the shipper and carrier fee.
RESOLVED DETENTION, FUEL & PAYMENT FACTORS
GoLoad automatically measures detention based on telematics to ensure fairness to shipper and carrier (automatically
billed at the rate of $200 per hour for any time the driver is detained beyond 90 minutes, combined, at pickup and drop-
off locations). Fuel is billed automatically based on real-time, transparent fuel prices in the lane. Payment terms for
GoLoad transactions are EFT within 48 hours of proof-of-delivery.
8. Q U I C K O V E R V I E W &
A D D I T I O N A L B E N E F I T S
Uses location, hours and economic factors — the rate the
carrier/driver is looking for — to send relevant load matching
opportunities directly to the carrier's or driver's smartphone app.
1
2
3
Integrated into the My20 ELD to create one simple, yet powerful,
tool that helps you run your business better.
GoLoad can be extended to other ELD providers and telematics
companies through APIs.
4
Total transparency from load notification to payment.
9. “Rather than limit capacity, as many believed the ELD
rule would do, the technology seems to have put
carriers in the driver’s seat by sharing the capacity
they have available to shippers and 3pls days in
advance. This new development could eliminate the
time they spend searching for loads.”
- CCJ Article, "Capacity Crunch Breeds New Freight Matching Tech.”
10. ELD COMPLIANCE MADE EASY & REWARDING
Simple, powerful, and productive features.
Affordable pricing.
Everything you’d expect from an ELD...and more!
Real-time, dynamic load matching opportunities with GoLoad.
Fuel and driver rewards through GoFuel.
Self-certified and FMCSA registered.
&
GET YOUR ELD AT KONEXIAL.COM
11. “The American truck driver is the hero and the real reason for
everything that we do at Konexial. These men and women
move 80% of the freight in America, and are responsible for
the arrival of all of the things that we use every day. Our
philosophy at Konexial can be summed up into two words…
Drive LIFE. We are committed to creating technology to
enable drivers to improve their lives.”
- The Konexial Team
Konexial’s founders share over 100 years of combined logistics experience in Fortune 500 companies.
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C o n t a c t @ K o n e x i a l . c o m
w w w . K o n e x i a l . c o m
CONTACT KONEXIAL
I M P R O V E Y O U R B O T T O M L I N E & M E E T E L D C O M P L I A N C E W I T H U S