TruckMoov

African communities are experiencing rising congestion of economic functionality that is motivated by the transport system.  Survival is slim without an effective goods movement system. The necessity that most communities are striving for is accumulation and environmental impact from trucks which account for over 40% of total CO2 emission as a result of trucks that are driven empty.

Our solution uses the components of Machine Learning and behavioral intervention design over a carrier network to eliminate the inefficiency in truck utilization and identify the best opportunity to move freight. Furthermore, it allows communities to interact with the built environment. This is to provide a healthier, faster and smoother experience.

For every significant enhancement in truck utilization, we can cross out over 40% emission of CO2 -thereby saving over the 500thousand gallon of fuel from been burn-out, 5million miles from been driven and 50thousand hours from been wasted every day.

The global transport sector accounts for 25% of CO2 emission from fuel combustion. Unless we change course, this is expected to double by 2050. Every year, transport emission linked to $1 trillion in health damage and nearly 400,000 death. 

In African today, 72 % of goods are transported by trucks and 40% of the time the truckers are running empty. This means you have a lot of trucks going one-way delivering freight and coming back empty, which in turn, produces CO2 emission. On the other hand, the trucking industry has been marred with irregularities, inefficiency, and abuse associated with truckers lifestyle because it appears they are not making enough money, This poses security threat and theft on the items been hauled and causes a huge loss on the freight owners. The owner of the freight is paying more money to move the freight and at the end of the day, the consumers have to pay the bills.

This traditional trucking industry has existed for ages, and today TruckMoov has the technology, we sought to bring this technology down to the traditional way of finding a truck and solve a problem that has existed.

Since the collapse of the rail system in Nigeria, more emphasis has been given to road transportation. The road freight market in Nigeria is huge serving a population of over 180 million people directly or indirectly with the growth rate of over 7.3 % per annum and an average growth rate of 3.5% in the past 5 years. Individuals and organization usually in need of trucking services include multinationals, manufacturing companies, exporters/importers, Small and Medium-size business, Traders among others.

Generally, opportunities exist in the transportation of items by across regions;

    Northern Region - Agricultural produce and Solid minerals
    Southern Region - petroleum products and other finished products.

Truckmoov technology works with truckers to provide a number of derivable benefits: Provide scheduled training at no cost, increased revenue, Behavioral intervention to help with a decent way of life, economies of scale, Insurance and health cover for our truckers and the communities at large

Truckmoov is refining the African trucking experience with its digital infrastructure of converging Truckers, freight owners and anyone who is looking to move freight as well as protecting the environment. and improves efficiency by reducing manual work, human error, idle time and improving time trough GPS –assisted routing.

TruckMoov allows its users to find the loads and book them instantly without hassle. TruckMoov provides real-time data to help keep communities safe, grow users business and keep trucks full on the lanes as what they like to run. This solution became necessary to make trucking more efficient and to provide a better experience for truckers, shippers and the communities at large. We have analyzed the problem of the African truckers and clearly understood the challenges of people looking to move freight. And we are set to help them to keep their trucks full and find loads easily on the lanes as they want to run.  

TruckMoov uses the components of Machine Learning, behavioral intervention, and data analytics to eliminate the inefficiency of the traditional broker and identify the best opportunity to move customers’ freight. Truckmoov allows you to seamlessly request a shipment and schedule deliveries. With a large network of independent trucking companies and truck owners, Truckmoov helps you find the best truck for your shipment and with its real-time GPS on all loads, shippers can monitor their shipments over a carrier network. TruckMoov will also use its data are gotten from truck routes to predict the security threats associated with the communities where it hauls, This data can be provided to security agents to keep our roads and communities safe.

Furthermore, TruckMoov solution also provides estimated freight pricing data. This would change the entire cost structure of the African freight industry, thereby making the economy more flexible and allowing the people and its communities enjoy the benefits

Truckmoov also helps truckers eliminate inefficiency and improve turnaround times by using its algorithm to cross out deadhead miles there by reducing the impact of CO2 on the environment, save time and automate the entire hauling process.

Our technology solution combines Machine learning, behavioral design intervention, Image recognition, conversational messaging interphase, and data analytics at its finest. We are working to streamline road freight processes using machine learning and attitude

Our technology enables a predictive analysis of trucks to demand in real time, increasing competitiveness and reducing customer cost by giving meaning to the traditional truckers’ model that we have known.
On the contrary, we evolve the traditional carrier model that has been marred with a lot of irregularities, inefficiency, opaque pricing, indecency and abuse from truckers with our combined technology advantage.

African truck drivers would not use the mobile phone the ways truckers in the United State and other developed nation would use it, however, they are quite conversant with the messaging interface like Whats-app, our technology enables them to accept shipment via a messaging interface like Whats-app or Telegram. This would allow for optimize processes and gain scale providing the best service level of road freight stock.

Our technology-based software platform is by far leveraging on the components of Artificial Intelligent. We are able to automate the entire hauling process using data analysis and AI infrastructure. With in-built capabilities for simple and seamless access to users.

Our platform uses language processing and conversational interface features. It simplifies the way information’s are recorded by allowing you to scan either by barcode or QRcode or plain text, this is powered by AI.
Currently, available technology only assumes to be connecting the process of finding a truck. It doesn’t solve the ideal problem associated with the trucking industry.

We are also using our technology to re-model the attitude of trucker otherwise regarded as truck drivers by combining machine learning and behavioral design intervention to allow truck drivers in African deliver more on best practices for process delivery and as well freight owners satisfaction.

I had over 2 –years’ moving freight.  A few times, I have joined the Trucks in hauling items to its destination in a bid to secure the freight. It was in this vain I knew the pains of truck drivers. African has a lot of infrastructural deficit. With this, I understood the complexity of the transport market. I used to stop by at truck stops because they are usually exciting and safe places. So, I began to discover their needs. What the truckers say is that; they bitterly complained about the insecurity and theft on freight and also the inadequacy in the sector, they complained that whenever they are unloaded, they have to look for freight owners so they would not run empty. This experience is instrumental to the birth of TruckMoov

The problem of the African trucking industry is quite huge, and available technology can only cater to less than 10%. 

Truckmoov intervention offers services tailored to the locations and behavioral lifestyle of the African trucking experience to automatically adjust to give the best service to both the truckers and Freight owners. The deal is to work through a web and mobile platform with integrated services. A lot of these trucks run empty, the core goal is to optimize the time for truck drivers linking freight owners who are looking to move goods to other states. TruckMoov is creating a complete ecosystem, the challenge may be to consolidate on the complexity of it all.

As at the time of filing this response, we have completed our market research and currently completing the development and integration of our Technology platform. We have reached out to over 100 truckers and 7 freight owners

In the next Year, we will be focusing on conquering the Nigerian Market and hoping to sign-up 3000 connected truckers and should have completed 8000 haulings. We will focus more on truckers that haul on farm produce such as; Food, groceries, wood, Fertilizers, cotton, etc. We will thereafter expand to other industries that haul on heavy containers, oil/gas, electronics, cement, iron, construction, paper, etc.

We will maintain a consistent innovation pool such that by 2022, we will launch a payment system that will allow our truckers to receive their freight cost in the stipulated time. We will also be looking to launch a financing line for our truckers with more interest in the Agribusiness industry. 
In five years, we are hoping to sign-up 250,000 truckers across 8-African counties with over 500 contributors. 

TruckMoov seeks to achieve the following goal within the next year;

• Continuous Engagement with new and existing users
• Building a strategic partnership
• Build brand awareness
• Provide high-quality service with captivating user experience.
• Continue to talk to users a enhance the product category
• Finding 5000 persons that will use our product ahead of the public launch
• Build a formidable advisory board

Over the next five years. Our goal will be to grow and scale our solution to other countries in African. We will unlock the potential of over 500,000 truckers and subsequently their families, we will create a converge ecosystem that allows truckers and freight owners to strive. We will further launch a financing line and payment system for truckers particularly small and medium-size truckers who haul on agribusiness and farm produce; by providing credit with equity. We hope to achieve this by

• Raising enough money to win, 
• Recruit the best Team, 
• Build a presence channel, ecosystem, and advocate 
• Disrupt the product category by innovating on multiple fronts.
• Make entry difficult for new players.
• Deliver a great customer experience.
• Demonstrate Leadership

The key barrier for us to accomplish our goal;

• Funding –we would require some necessary extensive funding to complete our technology developments, make new hires and market our products.
• Marketing –We may be faced with the task of educating the new market of our service offerings.
• Partnership –we are more than happy to partner with an organization who will help deliver our mission.
• Technical knowledge – We would require high technical knowledge that our solution demands.
• Legal and Government Regulations –The challenge of ensuring strict adherence to all laws and regulation guiding this industry.

The objective is to differentiate our service by building a converge innovative technology platform that positions us to scale faster; we intend to overcome these barriers in both short and long term goals as described;    

Short Term (First Year)

• Innovation and Technology –Maintain some flexibility by developing a long term technology and Innovation strategy.
• Prompt delivery to market –The industry will be competitive, we will strive to be the market leader
• Funding –We will raise enough funding to win
• Government Regulations –Understanding government regulation in the road freight industry.
• Marketing and Customer Loyalty –Retaining existing customer and market to potential customer.

Long Term (Next Five Years)

• Market Trend – Continuous market research to understand customer needs
• Supply Chain –Developing a supply chain strategy that lowers risks and minimizes cost.
• Uncertainty –Developing a short term focus of a five years plan into the future to inform us of our long term strategies.

Not Applicable

1 Full-time

2 Part-time

2 Contractor

Truckmoov is currently led by a team of 4 outstanding professionals to position itself for growth. We have well over 10-years experience in Technology development, Operations management, e-commerce, supply chain and Logistics, Finance management, with experiences of building software for large enterprise application environment, Handling haulage for Agribusiness and telecommunication industries both in forward and reverse logistics and experiences working with Nestle, MTN Nigeria, Ernest&Youngs, Moflix, etc. 

Osakue leads the overall business operation. He leads the team to leverage the use of technology to grow and scale our product.

Mayowa advice andLeads the Technology development and Product design –he coordinate in the capacity of; Product management, software development, Service Integration, UI/UX and QA to build the Truckmoov products for the entire business operation.
And lastly, Muyideen and Damilare overseas the economics of the business -They lead the commercials, sales, and pricing models as well as forecasting.

No Partnership commitment yet

TruckMoov business model leverages the trucking capacity lying idle to provide trucking services to organization or individual who has no fleet and are looking to move freight. Small businesses don’t have to buy their own delivery vehicles and independent truckers will never run out of shipments to move around the city again.

This model described in perspective is positioned to guide us to long-term financial stability and expansion;

PRICING OBJECTIVES;

• Quality Leadership.
• Maximize quantity.
• Revenue maximization.
• Local market consideration

PRICING STRATEGY;

• Drive the objective of quantity maximization by means of low price.
• Building a strategic mix to embrace customer excitement against the above partners' interest.

PRICE OPTION;

• The commission will be charged on the basis of each transaction.
• Slab rate commission, depending on terms and volume.
• The commission rate will be a single-digit basis. I.e. less than or equal 9%.
• The corporate client will be enabled to a monthly subscription with a reduced charge.
• Third party advertising.
• Promotion to supply chain service provider level for a fee; premium listing.

The primary cost for our beta is the development work. We have paid substantially out of pocket for start-up expenses including Legal, Technology development, Market Research and domain hosting etc. The next milestone will be to complete our beta; develop/integrate with the Mobile platform version and marketing. We would seek grants and seed funds to grow our reach while also developing a network to offer goods and services to truckers and customers.

We will charge customers a single digit say 9% or less transaction fee plus the ordinary cost on additional service of subscription.
Truckmoov will in the near future seek equity funding to continue enhancing its technology and expand services into new regions and further develop its platform to a one stop converge infrastructure for the African Freight Industry.

I‘m incredibly impressed by what Solve provides in their experiment to make the world a safe and better place. I am persuaded to take the risk and commit full time in building TruckMoov.

I am applying to solve;

• To be around others who want to change the world.
• To Increase TruckMoov chance to succeed.
• To meet new people and build a life-time relationship.
• To seek partnership, raise funds and learn everything that is required to grow a start-up.
• To be around some of the smartest and most motivated people in the world.
• To learn to prioritize properly.

Not Applicable

TruckMoov is looking to partner in three (4) different categories

1. Stakeholders’ Partnership: A part our mission is secure the highest value for our Truckers’… In this case, Truckers is regarded as our investors, Advisors, government relations, African Truckers Associations and off course our truck drivers. Because this are the people that make our business possible.
2. Industry Partners:  we are hoping to work with many organizations and individual across all sector like in Agribusiness; Babban Gona, IITA, Farmers Associations etc. Manufacturing; Nestle, Unilever, Arla, and Cadbury etc. Telecommunication/Electronics; LG, Samsung, MTN Group, IHS Telecoms etc. UN Nation bodies: UNICEF, WFP, WHO etc.
3. Technology Partners: Because technology is pivotal to our solutions, we are looking to partner with QUALCOMM, Google etc. 
4. Media Partners: We are poised to build a strong media presence and gain more exposure.

In Nigeria, It is assumed there are over 500,000 truck drivers and the total number of people employed in this industry are in excess of 3 million. Note, this is just in Nigeria alone. Furthermore, there are a lot of business along these truck routes.

The advent of industrial revolution is indeed a big shift and it is glaring to all. In the same vain, how do you expect African truck drivers to adapt to these profession of becoming an automation expert or technical professionals? How is it even possible to change the mindset of truck drivers to adapt to the new order of technological transformation; there is a reason they are truck drivers.

TruckMoov will work in using the AI Innovation Prize to streamline truckers’ processes using the components of AI; Machine Learning and Behavioral Design Intervention. With the network of trucks that would be connected over our electronic platform, this intervention will enable predictive analysis on trucks demand in real time. It will also bring more efficiency to the African trucking industry, map diagonal customer route, enable truck tracing and optimize travel.

More importantly, we are building a decent future for African truck drivers while also protecting the environment.

Not Applicable

Not Applicable

Not Applicable

The road freight industry has existed for centuries. In African, it is an extremely huge market, where over 80% of the economy move by trucks. The big issue is that both the truckers and Freight owners are heavily fragmented. Freight owners are connected to truckers through brokers and these brokers uses the traditional model of phones or messages.

TruckMoov will work in using the Innospark Ventures Prize to help pioneer a new way of combining this traditional model with technology and in particular data science in other to make this whole process seamless for everyone. Essentially, we match the right carrier with the right load and automate the whole process and at the same time change the entire cost structure of the African trucking Industry.

Data science is pivotal to what we are building. That’s why we are lunching with all process automated. With this we have combine some economic model peculiar to the African trucking experience to solve some daunting problem. So, there is the problem of pricing prediction to shippers, matching the right trucker to the right Loads, and the worries of making sure everything goes well once a trucker picks up a load etc. That is why we are using data science, predictive analysis and subsequently big data to solve these problem and give better outcomes to everyone.

Nigeria is the largest trucking market in African, It is assumed there are over 500,000 truck drivers and the total number of people employed in this industry are in excess of 3 million. As you know, we are building a decent future for truck drivers while also protecting the environment.

Our service is highly distinct as we have created an entirely different technology solution with machine learning and behavioral designed capabilities, tailored to the locations and lifestyle of the African trucking industry and automatically adjust to give the best experience to both the truckers and Freight owners. Our solution uses language processing and conversational interface to allow our truckers to accept the request via messaging interface like Whats-app or Telegram.

TruckMoov will work in using the Morgridge Family Foundation Community-Driven Innovation Prize to hire a team of, AI researchers, data analytics engineer and a product specialist to grow the platform to its full capability, complete our integration to achieve a robust platform, hire sales and marketing to help grow partnership and monitor market trends.

Not Applicable