OnTruck points to truck under-utilisation

Pallet transport marketplace OnTruck’s MD David Jenison has said that haulage operators could save up to £6.5bn a year through improving vehicle capacity utilisation.

Speaking at the UK Commercial Vehicle Show in Birmingham, he said: “At least a third of UK trucks on the road are empty at any one time and the remainder, on average, are only 68 per cent loaded. This means that for over 50 per cent of the time a truck is on the road it is not earning money.”

According to the OnTruck MD, most businesses are tied to the use of manual, offline systems such as phone or fax. In order to find the best suppliers, lowest prices or best tools then the internet is becoming increasingly the better place to look.

“Most matching of shipment to haulier is done this way and routing is typically manual, or left to the haulier to figure out. Our analysis suggests that a technology driven approach to pricing, shipment matching and routing would drive a 25 per cent improvement in efficiency, resulting in immense savings for UK road freight businesses. This is money that UK businesses can ill afford to waste,” said Jennison.

Originally founded in Spain, OnTruck launched in the UK in September last year providing an online marketplace for road haulage companies.