vHub Collaborative Trailer Sharing Platform Comes To The U.S.
Summary
“vHub is redefining how the transportation industry operates by creating a community that generates revenue while reducing deadhead mileage and repositioning costs,” said Francis Roy, vice president of vHub. 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, is designed to take advantage of that open trailer capacity. Matches can be sorted by location, routes and destinations, and the number of rental days that a trailer is needed or available. The secure and simple-to-use marketplace generates revenue and cost savings by enabling the rental of empty or idle trailers for freight hauling or repositioning.