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Trucks on the Map

Problem

There is an information asymmetry in the trucking industry. Using current tools, freight brokers book trucks with on the average 70 km empty run per truck-load, because in most of the cases they don’t know which trucks will be available closer to the pick-up point.

Solution

TrucksOnTheMap.com is the safe truck-availability-map, where Shippers get A+ truck for every load and delivery status real-time; Freight brokers find closest available trucks quicker, and get best quotes; Truckers run fewer empty miles. Return on Investment within 3 months.

Uniqueness, Technology overview, barriers to competition

TrucksOnTheMap has about 9-10 months of competitive advantage due to real-live-operation customer-feedback-based product development.

Market size and analysis

Target Customers: Shippers with long distance full-truck-load spot demand + their logistics providers’ network. User cumulation rate: 1 shipper user adds ~ 3,7 new partner users Primer Market: EU. Secondary Markets: USA, Canada
Primer Market size (EU): 1.2 M** users (avg. revenue: 12 €/user/week)
Target market share (EU): 17 % Value (EU): 127 M € (ARR)

Traction

Product development: since October 2014; Backed by two industry experts in 2015 and 2016. Public Beta release: March 2017; No. of pre-registered users: 147 Official system launched: on 3rd May 2017; No. of registered users: 275 Listed by Jonathan Wichmann: on “The most promising startups in logistics” list*** 1st Prize: on EIT’s Climate KIC Startup demo day (May 2017, Budapest)

Core Team

First Name Last Name Job Title Impressive Facts
Tamas Domonkos Business Development BA, MBA, 17+ years’ logistics and international business development experience (@ Eurogate Group, Toyota, Transporeon).
Zoltan Káldy Product Development Software Architect, BC, technical university degree, 17+ years’ experience in project management and software development (@ Exxon- Mobile and Visteon).
Zoltan Fekete Product Development Software Engineer, BC, technical university degree, 20+ years’ experience in software development (@ Visteon).

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