VDC Research analyst Pat Nolan published "The Big Rig Biz Meets Big Data, Tech" which highlights Konexial as a leading example of growth within the FMCSA-mandated "mashup between trucking and tech." From Nolan's report:
"One of the many solutions that has risen to the occasion is the My20 ELD by Konexial. My20 ELD consists of a single, small (slightly larger than a quarter) piece of hardware installed into a truck's diagnostic port that connects to a smartphone app on a driver's smartphone. At roughly $130 for the device and a $15/month subscription fee per user for the app, it is a cost-effective tool for ELD compliance, log auditing, and GPS tracking with a breadth of other integrated functionalities. A standout feature is Konexial's GoLoad Dynamic Load Matching (DLM), which allows independent drivers to receive load opportunities pushed right to their phones in order to gain extra revenue when truck capacity and route convenience allow it."
Konexial's My20 ELD (Electronic Logging Device) device automatically logs a driver's location, hours-of-service and available capacity to fulfill FMCSA compliance rules. Konexial's GoLoad dynamic load matching platform uses the data provided from the My20 ELD to dynamically match up drivers who have extra hours and capacity with available loads from shippers based on location, direction, hours of service, and economic criteria—providing drivers with opportunities to dramatically increase earning potential.
In the VDC Research 2018 Enterprise Buyer Behavior report, Nolan cites the trucking technology offered by Konexial and others as "well-positioned for growth." More from Nolan, Research Associate, Enterprise Mobility & Connected Devices for VDC Research:
"In our 2018 Enterprise Buyer Behavior report, when looking exclusively at our respondents from trucking transportation operations, we see that the leading market priorities driving mobile technology investments are increasing visibility, improving mobile workforce productivity, and reducing delivery costs. The solutions discussed so far aim to achieve precisely those goals."
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