The proliferation of B2B marketplaces continues and in deeper, more specialized niches. A case in point is car carrier transport. A new B2B marketplace, Auto Hauler Exchange, has launched an online B2B marketplace for the vehicle logistics industry.
Carriers on the new exchange can now move vehicles for large-scale shippers they would not previously have had the opportunity to serve. Carriers can pick and choose which opportunities fit their routing on a day-by-day basis to maximize their capacity and eliminate empty miles, while allowing them to plan their backhauls in advance. The marketplace also says it pays the carrier on their terms, enabling them to receive payments in as little as 48 hours after all documents have been uploaded into the system.
Testing the Auto Hauler Exchange
During beta testing of the new exchange, Auto Hauler Exchange moved vehicles for more than 20 dealership groups and remarketers throughout the United States and signed up approximately 200 carriers with over 700 assets, the marketplace says.
“Vehicle logistics processes are very dated and fragmented, and this has impacted the entire vehicle supply chain with a considerable loss of vehicle carriers actively hauling,” says Royce Neubauer, founder and CEO of Auto Hauler Exchange. “We enable shippers to market their opportunities directly to carriers, so there is no middleman pulling revenue away from the transaction and we also enable carriers to embrace opportunities directly from large-scale shippers that they would not normally see.”
The B2B marketplace platform was built on applications and services from Nautical Commerce.
Vehicle shippers can upload details including:
- Pick-up location
- Drop-off location
- Cost details.
Carriers can then select to move certain vehicles depending on what’s most convenient and beneficial for them. The AI platform features a drop-down menu, so carriers can select the shippers to review the vehicles they need to ship. The platform also features a cart for checkout, allowing carriers to fill their trucks before heading out.
Carriers can search within mile parameters, city, state and specifications such as single vehicles and truckload.
AHX manages the payment processing for the carriers and shippers. This allows the shippers to receive one invoice from AHX no matter how many different carriers move vehicles for them. It also speeds up the payment for the carriers. AHX has multiple payment options to fit each carrier’s needs.
The U.S. vehicle shipping services industry is projected to generate $10.9 billion in revenue in 2023, says IBISWorld.
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