Curated News
By: NewsRamp Editorial Staff
September 23, 2024

Xtreme Trucking Selects HOPTEK's Dispatch Engine® for Real-time Visibility and Optimization of Fleet Operations

TLDR

  • Xtreme Trucking gains up to 20% increase in Revenue per Hour and Weekly Revenue Miles per Driver, giving them a clear competitive advantage.
  • HOPTEK's Dispatch Engine® solution provides real-time visibility, dynamic decision-making, and instant access to the spot load market, boosting operational efficiency and fleet utilization.
  • HOPTEK's Dispatch Engine® solution enables Xtreme Trucking to optimize fleet utilization, increase driver satisfaction, and reduce deadhead empty miles, ultimately supporting their efficiency mindset and profitability targets.
  • HOPTEK's Dispatch Engine® solution offers a unique digital platform providing instant visibility and access to the spot load market, while matching available carrier capacity across thousands of possible options.

Impact - Why it Matters

This news matters as it highlights the collaboration between HOPTEK and Xtreme Trucking to enhance real-time visibility and efficiency in fleet operations, ultimately leading to cost savings and profitability. The partnership showcases the importance of innovative technology solutions in addressing specific challenges within the transportation and logistics industry, with the potential to set new standards for small to mid-size fleet tech adoption.

Summary

HOPTEK, a global leader in AI-driven trucking and fleet transportation solutions, has been selected by Xtreme Trucking of Wisconsin, one of the U.S.’s leading technology-first transportation and logistics providers, for its Dispatch Engine® solution, a digital platform providing instant visibility and access to the spot load market, while matching available carrier capacity across thousands of possible options. HOPTEK’s “digital twin” will provide real-time visibility and enable Xtreme to boost operational efficiency and fleet utilization, while reducing driver turnover and deadhead miles, resulting in material cost savings and profitability.

Started as a small independent operation in 2006, Xtreme Trucking was formally established in 2009 to become a quality diversified transportation provider, with a growing revenue profile and extensive coverage across the United States. Through HOPTEK’s Dispatch Engine®, Xtreme has leveraged real-time data visibility and dynamic decision-making to drive operational velocity to achieve up to a 20% increase in both Revenue per Hour and Weekly Revenue Miles per Driver – a clear competitive advantage.

Transportation and logistics are the backbone of the U.S. economy. Xtreme fuels that economic growth by delivering best-in-class operations, innovative technology solutions, and a talented workforce. The company was seeking a solution that would address very specific issues related to driver miles, route efficiency, and utilization in one platform. Achieving these goals required a unique set of capabilities. HOPTEK’s Dispatch Engine® solution closes these gaps by creating dispatchable recommendations that consider the entire fleet, at any given moment. It gets critical information to dispatchers, planners, drivers, and other stakeholders in near real-time, supercharging efficiencies and profitability.

Balaji Guntur, CEO and Co-founder of HOPTEK said: “We’re excited and honored to have been selected as a long-term partner to Xtreme Trucking. Their keen eye for innovative technologies and solutions that genuinely add measurable value attests to why the industry will view Xtreme as a trend setter and leader in small to mid-size fleet tech adoption. We believe they have selected a solution that will enable them to achieve their technology goals, while at the same time supporting their efficiency mindset and profitability targets.”

Source Statement

This curated news summary relied on this press release disributed by News Direct. Read the source press release here, Xtreme Trucking Selects HOPTEK's Dispatch Engine® for Real-time Visibility and Optimization of Fleet Operations

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