Turn empty backhaul miles into revenue
Kuebix FleetMAX allows fleet owners to maximize the utilization and return on their assets, while providing shippers/brokers with additional truckload capacity that would have otherwise gone unused. The idea of filling fleet backhauls is not a new concept, yet studies show that approximately 50% of trucks are empty on their return journey after making a delivery.
Limited resources to manually find available freight, manage the financials from billing to settlement, and incur the potential risk associated with unqualified shippers have made backhaul fleet management a risky endeavor for any fleet owner. Similar risks exist from a shipper/broker perspective when trusting their freight with an unknown provider. Although the cost may be attractive, the risk outweighs any benefits that might be gained. Bridging this trust gap between the shipper/brokers and private fleets has been a challenge that has prevented this great concept from succeeding in today’s marketplace. Until now…
Introducing FleetMAX™
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FleetMAX combines Kuebix’s fleet management system with a single trusted source of fleet capacity via Estes Truckload Management. Kuebix digitally matches freight to available fleet assets and all of the financials and settlements are managed through Estes Truckload Management. FleetMAX removes the resource and administrative barriers private fleets have faced and makes it easy for brokers and shippers to access a giant network of fleet capacity through a brand they know and trust.
With FleetMAX:
- Fleets benefit from reduced empty miles and a new source of revenue without adding any additional resources.
- Brokers and shippers find untapped fleet capacity delivered through technology at attractive pricing working with a trusted industry name, Estes.
It’s a win-win for everyone!
FleetMAX for Fleets
Generate Revenue with Unused Capacity.
Problem: Fleets Need an Easy Way to Fill Empty Backhauls and Generate Revenue
Solution: Kuebix FleetMAX Program
A large portion of private fleets are running their assets with substantial empty backhaul miles. Fleet managers exhaust a large number of resources to locate backhauls for their assets in an attempt to create revenue opportunities and cover operational costs.
Even worse, some companies don’t even bother trying to find backhaul opportunities because finding them, contracting for them and managing the AP/AR process associated with hauling external freight can be too time consuming for most private fleets.
Fill Your Empty Backhauls with FleetMAX
The solution is Kuebix’s FleetMAX program, a technology that digitally matches truck capacity with freight to obtain consistent and repetitive external backhauls to offset empty miles and add revenue to fleet operations.
How It Works:
- Kuebix digitally matches available loads using predetermined parameters
- Fleets either accept or reject the loads for shipment
- Loads are tendered by Kuebix to the fleet for shipment execution
- Once shipment is complete, driver updates delivery information, including any exception charges
- Dispatch can view AP & Freight Status (Exceptions, Tracking)
- Estes Truckload Management issues payment based on the payment terms outlined in the Brokerage agreement
Key Benefits:
- Generate revenue and offset operational costs
- No upfront costs for labor or technology
- Fast, easy way to find backhaul opportunities
- Increase operational efficiency and work on continuous moves
- Real time visibility into fleet movements and planned routes through the use of mobile technology or 3rd party solutions
- Financial management fully handled by Estes Truckload Management including AR/AP settlements
Frequently Asked Questions:
Q: How do I get paid for completed backhauls?
A. Estes Truckload Management manages payment for the asset as well as handles the settlement with the shipper.
Q: Can I set my own parameters on what I can/cannot pick up?
A. Of course. Fleet managers are in total control of setting opportunity parameters. Just specify what is needed, where it’s needed, and the rate of the load. The load will then be digitally matched, and the fleet manager will have the option to either accept or reject shipment.
Q: Where do freight opportunities come from?
A. Kuebix digitally matches fleet capacity with available freight opportunities brought in via Kuebix’s vast network of shippers and brokers.
Q: Do I need to set up a contract with every company I get backhaul freight from?
A. Nope! FleetMAX makes it easy for fleets to find and ship backhauls without the need of individual contracts. Instead, fleets are registered as an agent with Estes Truckload Management (Brokerage Agreement) and they manage payment for the asset as well as handle the settlement with the shipper.
Q: Are there any upfront costs and can I add this program to my current transportation operations?
A. FleetMAX is a Mode 2 managed service designed as a plug-and-play revenue generator for any fleet operation. There are no upfront costs associated with the program which can be added to an existing transportation management process via a supplemental deployment or can be implemented as a complete solution in conjunction with Kuebix TMS.
FleetMAX for Brokers/Shippers
Find Truck Capacity & Meet Customer Expectations
Problem: Brokers/Shippers Need to Find Reliable, Consistent Capacity at Attractive Prices
Solution: Kuebix FleetMAX Program
The driver shortage is at a record high, creating a challenge for shippers who are looking to find truckload capacity at stable market pricing. With the limited availability of trucks and increased consumer demand for on time deliveries, freight brokers are struggling to meet customer expectations.
A Cost-Effective Solution for Finding Truck Capacity
FleetMAX is a managed service program powered by Kuebix TMS and its relationship with Estes Truckload Management. Kuebix has a growing customer network of private fleets whose backhauls often run empty. By tapping into this network, the program digitally matches newfound truckload capacity with brokers/shippers’ shipments.
How It Works:
- Brokers/shippers post shipment opportunities to be digitally matched with participating fleets
- Rate choices and service types are returned to the broker/shipper for approval and tender
- Tracking statuses provide maximum visibility
- Brokers/shippers manage a single co-broker contract through Estes Truckload Management – no individual fleet contracts
- Estes Truckload Management handles all AR and AP processes
Key Benefits:
- Rapidly find new, untapped capacity to carry loads
- Attractive pricing on consistent capacity, often below market rates
- No upfront costs or additional resources needed to get started
Frequently Asked Questions:
Q: How are settlements handled?
A. Estes Truckload Management manages payment for the asset as well as handles the settlement with the shipper.
Q: Where does the capacity offered through this program come from?
A. Kuebix has partnered with companies that own private fleets to offer shippers and brokers otherwise undiscovered capacity. By digitally matching freight opportunities with available backhauls, members of vast logistics community benefit from a relationship where empty miles are filled and competitively priced capacity can be found.
Q: Do I need to set up a contract with every carrier who hauls my freight?
A. Nope! FleetMAX makes it easy for capacity to be found and cargo to be shipped without the need of individual contracts. Instead, fleets are registered as an agent with Estes Truckload Management (Brokerage Agreement) and they manage payment for the asset as well as handle the settlement with the shipper.
Learn More About FleetMAX
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