dexFreight is breaking down silos in trucking.
Empty miles are a multi billion-dollar problem for our industry, with recent publications suggesting that one-third of trucks on the road are driving with empty trailers. We believe the fragmentation of the industry to be the root cause of this problem. Each of the 500,000 trucking companies and 16,000 freight brokers, digital or not, act like individual closed networks. Loads and capacity can not be efficiently matched if they live in different networks and don’t see each other. The solution is not more drivers, is not more trucks, is not even smarter autonomous trucks, it starts by better utilizing our current capacity.
deFreight is honored with the 2022 FreightTech100 award.
We are thrilled to announce that dexFreight has been recognized as a 2022 FreightTech100 company. This annual award, organized by FreightWaves, honors the top freight technology companies contributing to innovation and disruption within the freight industry.
Over 1,200 companies were nominated this year, and the list was narrowed down to the top 100 by a panel of FreightWaves analysts, researchers, journalists, and data scientists.
"Seeing dexFreight on the same list as Tesla and Amazon is truly an honor for the team. 2022 marks the fourth consecutive year where dexFreight has made the top list. This is a significant encouragement for us to keep pushing boundaries. We are convinced that the combination of new technologies like blockchain and machine learning will lead to a more transparent and efficient supply chain."
About dexFreight
dexFreight is a logistics market network with FinTech capabilities, for freight companies to handle shipments from booking to payment in one place using smart contracts. dexFreight connects carriers, freight brokers, shippers, and other actors of the supply chain through an open logistics network, built on decentralized protocols. For information, visit www.dexfreight.io