NEXT Trucking Reduces Drayage Fees With Chassis Management Solution

Expands Functionality to Increase Drayage Efficiency

EL SEGUNDO, Calif.--(BUSINESS WIRE)-- NEXT Trucking, a FreightTech pioneer that connects shippers and carriers, today announced a chassis management solution that enables shippers and beneficial cargo owners (BCOs) to reduce costs associated with the utilization of port chassis in the Los Angeles ports.

Chassis management is one of the most complex problems in drayage, resulting in frustration and unnecessary costs for carriers and BCOs alike. Much of the complexity comes from “free chassis” agreements between shippers and steamship lines. During high volumes, a shortage of port chassis creates an environment where containers are stuck in the port and drivers are stuck in detention. With little to no chassis availability, truckers have a hard time getting access to containers leading to accruing demurrage fees, loss in productivity, missed appointments, and chassis split fees.

“With Chassis Management, we will drastically improve our understanding of chassis ‘free days’ agreements and define cost-saving scenarios for shippers, measuring factors such as season, congestion, and terminals,” said Lidia Yan, Co-Founder and CEO of NEXT Trucking. “In the end, we will help shippers save money by using data and fee predictions to move their shipments faster and in a more cost-effective way.”

Chassis Management is the latest in NEXT Trucking’s efforts to increase port throughput and efficiency, solving for the first mile of the supply chain. The company has built offerings that add transparency, connecting EDI solutions through APIs and allowing shippers to further leverage their EDI investments. In addition, NEXT’s blend of technology and real estate has dramatically increased container volumes per truck, while also providing environmental benefits.

For more information, visit www.nexttrucking.com.

About NEXT Trucking

NEXT Trucking, a FreightTech pioneer, offers premium shipping experiences to many of the world’s best-known companies. NEXT’s platform connects shippers with freight capacity across drayage, transload, and FTL. Headquartered in El Segundo, CA, NEXT is venture-backed by leaders such as Brookfield Ventures, GLP and Sequoia Capital. For more information, visit www.nexttrucking.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20191210005399/en/

Mike Bush
[email protected]

Source: NEXT Trucking

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