essDOCS & FreightRoll announce partnership to offer FreightDocs solution for trucking industry
Swieqi, Malta & Ann Arbor, USA – 24 October 2019: essDOCS, the leading enabler of paperless trade, today announced its partnership with FreightRoll, a provider of inventory custody transfer and tracking solutions. The two companies will jointly offer FreightDocs – a digital solution for truck documents, tracking and reconciliation.
FreightDocs enables shippers to digitize their trucking operations by replacing costly paper-based Truck Bills of Lading (TBOL) processes with digital equivalents, namely electronic Truck Bills of Lading (eTBOL).
The solution provides for documentation and shipment tracking from dock to delivery, featuring iOS and Android apps to collaboratively manage truck scheduling and relevant documentation. Users receive real-time status updates through app-based tracking, including perimeter-based notifications at pickup / drop-off and immediate Proof of Delivery (POD). Furthermore, FreightDocs can enable seamless connectivity, if required, to relevant ERP/TMS/IMS/EDI systems through an Open API.
The FreightRoll-essDOCS collaboration seeks to actively address major inefficiencies in the North American freight trucking market, an extremely fragmented and paper-heavy industry. Today the truck management process is executed by a combination of phone and email, with TBOLs issued on physical paper almost exclusively and costing US trucking $20+ per shipment.
Commenting on the partnership, FreightRoll CEO, Jake Koppinger, said: “We are very excited to partner with essDOCS. Their far-reaching ecosystem and expertise have been instrumental in delivering high-quality paperless solutions to their global customers for years. Combining this with our domain expertise in digitizing the paper-intensive and opaque trucking industry is a logical step for FreightRoll. FreightDocs will save shippers a significant amount of money, reduce supply chain stress and fundamentally improve the way shippers and carriers communicate.”
essDOCS co-CEO, Alex Goulandris, mentioned that “the North American trucking industry is ready for a shift to paperless solutions and FreightRoll provided the specialised expertise we need for us to address this market.”
The two companies will soon commence a series of trials, which they aim to complete before the end of 2019 and operational rollout starting Q1/2 2020.
essDOCS enables paperless trade. Its solutions digitize and automate paper-heavy processes, including: online creation/approval/management of all export documents (CargoDocs DocHub), data extraction and structure from paper documents and back-office automated checks (CargoDocs Auto-Document Processing), end-to-end eDocs management for original electronic trade documents such as Bills of Lading and Warehouse Warrants (CargoDocs DocEx), application/issuance of electronic Certificates of Origin (essCert) and fully digital trade instruments under URBPO (Cmatch).
Over 45,000 companies, ranging from 31% of the Fortune Global 100 to innovative SMEs, use essDOCS solutions across 203 countries.
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FreightRoll is a provider of inventory custody transfer and tracking solutions. Its core product – FreightBOL – is an app-based, paperless bill of lading for the trucking industry. Through its patent-pending technology, FreightBOL automates the inventory custody transfer process for shippers, leading to significant cost savings by eliminating labor-intensive paper processes while reducing carbon footprint. The solution is bundled with FreightVISION which, through app-based tracking, provides item-level visibility into in-transit inventory. FreightLEDGER is the foundation upon which FreightRoll’s solutions are built. It is a data repository that securely stores itemized inventory data, the immutable chain of custody and time/GPS stamps that leverages machine learning to help optimize the loading/unloading process.
FreightRoll openly invites all interested shippers, carriers and logistics providers to join its network and enjoy all the benefits of paperless trucking.