Business Summary: The trucking and logistics industry relies heavily on capital-intensive physical equipment such as trucks and trailers in order to function. Any repairs or downtime of these units can result in lost revenue from undelivered freight and additional costs of repairs and rentals. However, due to the impact of Covid-19, the delivery of new equipment has been delayed, with waiting times of up to 18-24 months, causing trucking fleets to become older and more worn down. This leads to increased breakdowns and maintenance expenses. When a unit breaks down, the fleet maintenance teams face the challenge of finding a repair shop with availability, which can be both time-consuming and costly, resulting in more downtime for the unit. Additionally, setting up an account and ensuring completion within a timeframe with real-time updates further complicates the process.
Logistic uptime is an easy to use application that allows vendors to upload their availability and rates in real time, providing users with a one-stop-shop for finding solutions to get their fleet back up and running within the shortest repair timeline possible.