Trucknet Enterprise

What Trucknet Enterprise does

Trucknet Enterprise Ltd. (TASE: TRUN) is an Israeli public company founded in 2016 by Hanan Fridman and headquartered in Eilat with European offices in France, Romania, and Spain. The company operates a cloud-based B2B freight exchange platform that matches empty trucks with available cargo through an intelligent location-based algorithm, a BID electronic tendering module, ERP/TMS API integrations, telematics connectivity, digital e-CMR documentation, and an EN16258-compliant real-time emissions calculator. The platform is supplemented by the patented Trucknet Smart Fuel Catalyst (Patent No. 7156081B2), a hardware fuel-saving device for heavy vehicle diesel engines that achieved up to 7.4% fuel savings and 54% emission reductions in Israel Standards Institute testing, and by the December 2024 acquisition of Movlei N.O.A Ltd., an Israeli logistics operator with a fleet of 49 heavy vehicles.

Name

Trucknet Enterprise

Legal name

Trucknet Enterprise Ltd.

Website

https://trucknet.io

Company type

Public

Founded year

2016

Operating status

Operating

Headcount range

11–50 employees

Short description

Trucknet Enterprise (TASE: TRUN) is an Israeli cloud-based B2B platform that matches empty trucks with cargo using intelligent algorithms, serving logistics firms, manufacturers, retailers, and governments across Europe, the Middle East, and the US via transaction fees and patented hardware.

Ownership category

akta.pro rank

Product category

Freight Exchange and Transport Optimization Software

NAICS

Freight Transportation Arrangement (4885), Freight Transportation Arrangement (488510)

SIC

Arrangement Of Transportation Of Freight & Cargo (4731), Transportation Services (4700)

akta.pro primary industry

Spot Load Boards (Open Marketplace) (TLAEAJAA)

akta.pro secondary industries

Dedicated Lanes & Mini-Bid / RFP Marketplace Platforms (TLAEAJAG), Truckload/LTL Visibility (Carrier GPS/ELD Telematics-Based) (TLAEADAI), Dispatch, Workflow & Mobile Field Apps for Fleets (TLAEAFAI), Fleet Tracking, Mapping & Real-Time Location Services (RTLS) (TLAEAFAD)

Keywords

• Freight exchange platform
• Logistics optimization software
• Transport management system
• Fleet telematics integration
• Carbon emission tracking

Headquarters

HQ city

Eilat

HQ country

Israel

HQ region

Middle East

Offices5 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure, Supply Chain

Revenue model

1. Platform subscription and transaction fees: Companies using Trucknet's platform pay per transaction. For each smart match created, subcontractors registered in the system pay approximately 5% above the cost of transportation. DSV commits to approximately 300 trips per week at 3 euros per trip. Revenue is generated through a per-transaction take rate as well as recurring platform fees for enterprise customers.
2. Trucknet Smart Catalyst hardware sales: Sale of the proprietary Trucknet Smart Fuel Catalyst device for heavy vehicle diesel engines, generating revenue from product sales alongside the SaaS platform.
3. Professional services and customization: Custom ERP/TMS integration services, API development, and tailored platform configurations for enterprise clients generate additional service revenue.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels7 records

Core offering

Trucknet Enterprise operates a cloud-based B2B freight exchange and transport optimization platform that matches empty trucks with available cargo across multiple companies using an intelligent matching algorithm and an automated BID system. The platform integrates telematics, GPS, ERP, and TMS systems, provides real-time visibility and ETA, generates EN16258-compliant GHG emissions calculations, and produces EU e-CMR digital documentation. Trucknet also sells the patented Trucknet Smart Fuel Catalyst hardware device for heavy vehicle diesel engines.

Product overview

Trucknet Enterprise offers a unified cloud-based logistics platform comprising the core Trucknet Platform for freight matching and optimization, supplemented by the BID System for automated bidding, the Trucknet TMS for internal scheduling, and the Trucknet Telematics interface for telematics integration. The product portfolio includes mobile applications (Driver Interface App for drivers and Trucknet Tracker for customers), the Trucknet Smart Fuel Catalyst hardware product for fuel savings, and the Carbon Footprint Minimization Tool for emissions calculation. The platform operates as an iPaaS solution enabling cross-company resource optimization through intelligent location-based matching, ERP/TMS integration, and digital documentation (e-CMR). The system connects logistics companies, transport operators, and factories in a shared economy model to minimize empty truck rides.

Differentiator

Problem solved

Functional benefit

Brands

• Trucknet Smart Catalyst: A fuel-saving device (patent No 7156081B2) that aims to reduce fuel consumption and emissions in heavy vehicle diesel engines, demonstrating up to 7.4% fuel savings and up to 54% emission reduction.
• Trucknet Platform

Quantifiable outcome

• Up to 7.4% fuel savings and up to 54% reduction in polluting emissions in heavy vehicle diesel engines (Trucknet Smart Catalyst, IDF pilot)
• +5 more outcomes

Named customers16 records

Segments4 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration5 records

AI capability6 records

Feature9 records

Partnerships

18 partnerships are on record, tiered core and minor.

• Puretrans FZCO (UAE)coreStrategic or Co-development Partner · 5 December 2023Signed principles of cooperation agreement with Puretrans FZCO from UAE, working in partnership with DP World (Dubai Ports). Parties will cooperate on land transportation of cargo along the 'land bridge' corridor. Trucknet operates the bridge through its logistics control center. The corridor connects Dubai through Saudi Arabia and Jordan to the port of Haifa.
• Cox Logistics (Bahrain)coreChannel Partner/ Reseller/ Distributor · 6 September 2023MoU signed for Trucknet's technology to be used by Cox Logistics' trucks that service U.S. military vehicles in Saudi Arabia. Signed during official delegation to Bahrain led by Israeli Foreign Minister Eli Cohen.
• Florida Beauty Flora (FBF Group)coreStrategic or Co-development Partner · 29 January 2023Signed letter of intent with Florida Beauty Flora Group (headquartered in Miami, FL), operating a fleet of approximately 250 trucks across the USA. The agreement aims for platform implementation. FBF is considering an investment in Trucknet at a company valuation of USD 30 million for 10% stake.
• Israel Ministry of Environmental Protection / Israel Innovation AuthoritycoreStrategic or Co-development Partner · 16 November 2022Won 1.1 million ILS budget for first-of-its-kind pilot in cooperation with the Israel Innovation Authority. The pilot analyzes big data from multiple carriers to optimize and reduce truck traffic on Israeli roads through smart matching between empty trucks and containers needing transport.
• DSV GroupcoreStrategic or Co-development Partner · 29 March 2022DSV Group, the Danish logistics giant, started commercial operations in Romania using Trucknet's platform. The agreement commits DSV to approximately 300 trips per week at 3 euros per trip with growth potential. DSV operates across Europe with thousands of companies under its umbrella.
• Turkish Holding CompanycoreStrategic or Co-development Partner · 28 March 2022Agreement signed with one of Turkey's major holding companies to examine the possibility of investing and establishing a strategic alliance that would integrate Trucknet's technology in the Turkish logistics and transportation industry and additional countries in the region.
• Haifa PortminorStrategic or Co-development Partner · 30 January 2022Partnership with Haifa Port to implement Trucknet's system and promote activities with transport companies and storage centers alongside the port.
• ShellminorStrategic or Co-development Partner · 30 January 2022Partnership with Omega Advanced Technologies to conduct a pilot with Shell, the global energy company, for Trucknet's technology in fleet optimization.
• U.S. ArmycoreStrategic or Co-development Partner · 1 January 2022Letter of intent signed in 2022 for U.S. Army to examine Trucknet's technology to improve its global transportation system. The pilot planned to implement the Trucknet system in several U.S. Army units operating in Europe to test optimization of logistics and transport systems and reduction of empty rides.
• SigmaiminorStrategic or Co-development Partner · 1 January 2022Letter of intent signed in 2022 with Sigmai, a logistics company whose clients include NATO, Elbit Rafale, and many others.
• Volkswagen Group Company (parking services)coreTechnology or Integration · 2 November 2021Signed MoU with a Volkswagen Group company specializing in truck parking and rest stop services. The partnership covers approximately 47,000 parking points across 32 countries in Europe. Trucknet platform customers can book safe parking spots for heavy vehicle fleets, and LogPay customers can receive smart matching services through Trucknet's platform.
• CAL Cargo Airlines (Challenge Group)coreStrategic or Co-development Partner · 22 October 2021Initial cooperation for Trucknet Enterprise with CAL Cargo Airlines, part of Challenge Group specializing in air transport and logistics worldwide. In the initial phase, Trucknet granted CAL Cargo Airlines a license to use its platform within Europe, with plans to extend the agreement to the United States.
• Renault GroupcoreStrategic or Co-development Partner · 30 September 2021Joint pilot project with Renault Group connected to their bid system for work order tendering. Contractors were identified by location relative to Renault's requests. The pilot demonstrated 17% improvement in efficiency and profitability with savings of EUR 115,000 in two weeks for 268 trips out of 371 total (68% success rate).
• La Poste (France)minorStrategic or Co-development Partner · 24 May 2018Partnership formed at VivaTech 2018 between Trucknet and La Poste (French national postal service) for optimizing transport operations. Trucknet participated at Solutrans trade show in Lyon (November 2017) where La Poste was engaged with Trucknet's solutions.
• International Transport Forum (ITF/OECD)coreStrategic or Co-development Partner · 1 January 2015Trucknet joined the Corporate Partnership Board of ITF in October 2021. The ITF is an intergovernmental organization acting as a platform for transport policy discussions. Collaboration focuses on transport decarbonization, supply chain innovation, and digitalization. CEO Hanan Friedman serves as expert representative at ITF-organised climate conferences.
• UETR (European Road Transport Union)minorStrategic or Co-development Partner · 1 January 2015UETR represents more than 200,000 road transport undertakings in Europe (SMEs) with a total capacity of 430,000 commercial vehicles. Serves as an effective information channel for sector requirements, helping Trucknet improve products and adapt to customer needs under each country's regulations.
• Council of Carriers in IsraelminorStrategic or Co-development Partner · 1 January 2015Partnership with the Council of Carriers in Israel, working together to promote transport industry interests, enforcement against law violators, adoption of European standards, and driver training programs.
• IETA (International Emissions Trading Association)minorStrategic or Co-development Partner · 1 January 2015Trucknet participates in IETA activities, adapting systems per each country's regulatory requirements and enabling future offsetting and trading of greenhouse gas emissions. Trucknet was presented at COP27 as part of the IETA booth.

Scale indicators7 records

Recent moves13 records

Expansion highlights7 records

Direct peers

• Uber Freight: Uber Freight operates a digital freight marketplace matching shippers with carriers, offering instant quoting, capacity management, and visibility tools. It is the most direct global comparable to Trucknet's platform, but at vastly greater scale and capital intensity.
• Flexport: Flexport provides a digital platform for arranging and managing freight across ocean, air, and road, with shipper visibility and carrier coordination. Comparable in cross-mode freight orchestration and visibility functionality, though primarily ocean/air-led.
• Freightos: Freightos runs a digital freight marketplace with instant quoting, booking, and management for international shipping. Comparable marketplace model with strong EMEA and digital-documentation focus, and is publicly listed.
• Loadsmart: Loadsmart provides a digital freight marketplace and automated truckload pricing/bidding for shippers and carriers. The automated quoting and capacity-matching model closely mirrors Trucknet's BID system and cross-company matching.
• Sennder: Sennder is a European digital road freight platform connecting shippers with carriers through technology-enabled capacity matching. Directly comparable to Trucknet in European road-freight digitalization, with similar emphasis on reducing empty runs.
• Transfix: Transfix operates a digital freight marketplace matching enterprise shippers with truckload carriers, with optimization and visibility features. Closely comparable offering to Trucknet's enterprise-facing platform for shipper-carrier matching.
• Forto: Forto (formerly FreightHub) is a European digital freight forwarder combining a technology platform with managed forwarding services. Comparable cross-border road-freight digitization and shipper visibility, though more forwarder-led.

Regional players

• InstaFreight: InstaFreight is a German digital road-freight marketplace connecting shippers with carriers across Europe. Direct comparable to Trucknet in spot-market truckload matching, primarily focused on German-speaking and DACH markets.

Emerging players

• Bringg: Bringg is an Israeli-founded delivery and logistics orchestration platform offering dispatcher, driver, and shipper tools. Comparable as an Israeli-headquartered logistics technology peer with fleet/driver app and orchestration capabilities.
• project44: project44 provides supply chain visibility and orchestration across transportation modes and carriers, with deep ERP/TMS integrations. Comparable to Trucknet's real-time visibility, ETA, and multi-system integration layer, though with a broader multi-modal scope.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/Trucknet_Ltd
• YouTubeyoutube.com/channel/UCpeWwH0hZ4E0t7jJ5BCJwMA
• Facebookfacebook.com/Trucknet-Enterprise-950954654959643/?ref=page_internal
• LinkedInlinkedin.com/company/busnet-&-trucknet

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

Subsidiaries3 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Trucknet Enterprise