vHub trailer repositioning and sharing marketplace comes to the U.S.

vHub trailer repositioning and sharing marketplace comes to the U.S.

The vHub trailer repositioning and sharing marketplace will be available in the U.S. on Feb. 26, the company announced.

Designed for private fleets, for-hire carriers, trailer rental companies and OEMs, vHub says that its aim is to cut down on trailer repositioning costs and turn unused trailers into revenue-generating equipment by making them available to short-term renters in a secure, trusted, digital community. Up until now, the service has been available in Canada.

“Like many online marketplaces arranging or offering lodging, we are using digital technologies to create a trailer sharing community that brings value to all stakeholders on the platform,” said Francis Roy, vice president of vHub.

Click here to read all of our TMC 2020 coverage.

Trucking companies can operate as much as 25% annually with completely empty trailers. Combined with an industry average of a roughly 3:1 trailer-to-tractor ratio, that leaves a significant amount of trailer capacity unused and available. vHub, launched in Canada in April 2019, has already registered over 4,000 trailers and has booked more than 20,000 rental days of trailer usage on the vHub digital marketplace.

Matches can be sorted by location, routes and destinations, and the number of rental days that a trailer is needed or available. The collaborative trailer repositioning and sharing platform showcases all trailers that are available for one-way and round-trip rentals. Users can offer or rent dry van, refrigerated, flatbed or specialty trailers in fewer than five minutes.

Each trailer owner sets its own rates and manages details on trailer availability. vHub handles invoicing and payments and transfers rental funds to the trailer owner. vHub can also integrate with telematics solutions in order to calculate distances traveled and automate billing. The confidentiality of all information and transactions on the platform is protected using the SSL encryption protocol.

The vHub marketplace can be used by drivers to document trailer condition, including taking photos of any trailer damage prior to departure, and to record pick up and drop off locations and times. The application can also function without an Internet connection, storing data for later retrieval, the company says.

You May Also Like

Lytx adds customizable enhancements to DVIR solutions

Walkaround photos, multiple inspection lists, email notifications, and scheduler enhancement are among the new features.

Lytx recently announced new enhancements to its Driver Vehicle Inspection Report (DVIR) solution, which the company describes as a simplified electronic platform for vehicles beyond the Electronic Logging Device (ELD) mandate. Their DVIR was released last year.

New DVIR enhancements, according to the company, include:

Walkaround Photos – Drivers can now be instructed to capture and submit four walkaround photos via the Driver App, for a 360-degree view of the current condition of the vehicle.

Post-ELD Mandate: Focus shifts beyond compliance

For many carriers, compliance has become table stakes since ELD solutions are readily available today with easy-to-use tracking and reporting functions.

Averitt, Platform Science introduce Virtual Vehicle device management solution

The Virtual Vehicle platform acts as the operating layer through which any application can collaborate with another.

Bosch starts volume production of its fuel-cell power module

By 2030, Bosch plans to generate sales of roughly $5.3 billion with hydrogen technology.

Phillips Connect announces new vice president of IT

Her approach to IT strategy will continue to strengthen Phillips Connect’s technological infrastructure.

Other Posts

Carrier Transicold launches new Vector 8400R refrigeration unit

The Vector 8400R delivers efficient refrigeration and freezing performance in a space-saving, thin-profile design.

Phillips Industries announce tractor-trailer connectivity solution

The Phillips EC47 was developed in partnership with O’Neil Components.

How the International SuperTruck 2 makes 16 MPG a reality

A hybrid powertrain and unique trailer powers Internationals’ SuperTruck fuel efficiency.

Current trailer backlog commits industry into 2024

“Fleet commitments improved in July but were still somewhat mixed. Total cancels dropped to 1.7% of backlog, following two months of elevated activity.”