Fr8Hub announced a 2019 version of its cloud-based digital platform focused on cross-border shipping. Originally launched in July 2017, Fr8Hub’s digital freight marketplace directly matches cross-border shippers throughout Mexico and the domestic United States between border cities with available carriers and drivers.
The cross-border freight marketplace includes tracking and visibility for shipments coming in and out of Mexico.
“Fr8Hub’s mission is to revolutionize cross-border shipping,” said Ohad Axelrod, CEO of Fr8Hub. “Fr8Hub was founded in Laredo, Texas—the largest US/Mexico border crossing point—to simplify connections, increase efficiencies, reduce costs and increase revenue for both shippers and carriers.”
Fr8Hub says its cloud-based technology currently provides growth opportunities to more than 1,000 carriers in the U.S. and Mexico with 30,000 available trucks.
The number of trucks entering the US from Mexico has risen 16.6 percent over the last 5 years. Trucks hauled $424B in imports and exports across the US/Mexico border in 2018, according to the U.S. Bureau of Transportation.
The 2019 release of Fr8Hub’s digital freight marketplace features live 24/7 tracking for loads on both sides of the border through telematics and GPS integrations, and using historical data and partnerships with ELD manufacturers.
All Mexico-based carriers are vetted through onboarding processes and review of historical data regarding performance and on-time delivery.
Fr8Hub’s has fixed rates that enable shippers and carriers to know exact costs with no hidden fees, as well as what pricing to expect for future jobs.
With this release, shippers and carriers can access critical shipment data through the Fr8Hub Control Center to make decisions on loads.
Fr8Hub’s cloud-based platform delivers a centralized hub to manage all live load locations, statuses, and related documents as well as an archive of past loads. The platform can integrate into existing TMS solutions.
“By seamlessly connecting shippers and carriers through our web and mobile apps, we’re helping truckers grow their businesses and shippers track their freight in real time,“ said Axelrod. “With having every truck driver in our network connected via our app, Fr8Hub provides asset-like reliability with broker-level flexibility.”