Auto Hauler Exchange in Rochester has launched a new online marketplace that transforms the way shippers and carriers connect with one another.
The first digital marketplace of its kind in the vehicle logistics industry, the new Auto Hauler Exchange (AHX) connects “rigorously vetted” large and small vehicle haulers across the United States and Canada directly with vehicle shippers. By eliminating the middleman typically required in vehicle logistics, AHX streamlines the shipping process, cuts shipping delays, and reduces empty space on carriers and unnecessary miles while increasing revenue.
AHX is designed to be an easy-to-use, online portal for vehicle logistics, offering both transparency and improved profit margins for shippers and carriers. As the middleman is no longer necessary for shipping logistics with AHX, an entire layer of costs is eliminated; shipping fees are lower with no middleman markup, and carriers see higher profitability with shipper direct pricing for both single and full truck loads.
“Vehicle logistics processes are very dated and fragmented,” says Royce Neubauer, founder and CEO of Auto Hauler Exchange. “This has impacted the entire vehicle supply chain with a considerable loss of vehicle carriers actively hauling.
“The Auto Hauler Exchange online marketplace is a transformative option to remedy this situation. The exchange provides a digital ecosystem where shippers and haulers can work together. We enable shippers to market their opportunities directly to carriers, so there is no middleman pulling revenue away from the transaction. We also enable carriers to embrace opportunities directly from large scale shippers that they would not normally see.”
Vehicle remarketers, dealers, fleets, rental car companies, auctions, and manufacturers now can expand their buying and selling reach by leveraging the nationwide carrier partnerships within AHX. They also can trust that the carriers that are moving their vehicles are vetted and have the correct authority, insurance, and safety ratings to do the work, the company says.
Carriers on the exchange now can move vehicles for large-scale shippers, for whom they would not previously have had the opportunity to work. They 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. Also, AHX 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.
Automation capabilities within the exchange enables shippers to instantly track their deliveries through the integrated Transportation Management System (TMS) at any time by mobile phone, tablet, or desktop. When circumstances require immediate changes to be made, shippers and carriers also have the option to call each other directly for rapid coordination. Dashboards, email, messaging, alerts, and notifications all are built into the exchange platform to further streamline operations, providing digitized operations that require less manpower.
“In essence, we are replacing the middleman and digitizing tedious and time-consuming manual operations with sophisticated technology that we customized for vehicle transportation in partnership with our marketplace platform provider, Nautical Commerce,” Neubauer says.
“We have automated the complex workflows of the vehicle logistics ecosystem seamlessly on the robust Nautical platform, enabling the exchange to provide a frictionless experience that is easy to learn and use. During beta testing of the new exchange, AHX moved vehicles for over 20 dealership groups and remarketers throughout the US and signed up approximately 200 carriers with over 700 assets. These numbers are growing rapidly with the launch and we are excited about our trajectory.”
Ryan Lee, founder and CEO of Nautical Commerce, says: “Royce and the Auto Hauler Exchange team are visionaries in an industry that has traditionally been resistant to change. By reinforcing the relational pieces of their business and digitizing the low value transactional aspects, Auto Hauler Exchange can better serve their customers — both shippers and carriers.”