This acquisition will further consolidate Ontruck’s position as the leading digital road freight platform in the Cataluña region.
Ontruck’s fleet capacity will increase by 20% and business volume to grow by 15%
The acquisition comes ahead of the year-end holiday peak season, during which the demand for vehicles increases up to 40%
Both brands will continue to run independently, under common leadership, with no operational changes for clients of either brand
Madrid, November 27th, 2019.-Ontruck, the digital road freight platform, today announces the acquisition of Briver, from Wtransnet, the leading freight and vehicle exchange in Iberia. With an excellent reputation for service and a strong presence in Cataluña, digital freight broker Briver will help to consolidate Ontruck’s leadership across the region.
“Cataluña is a key market for road freight at a European level, representing almost 10% of the road transportation business in Spain. We are excited to continue expanding our market leadership with Briver and to work together to deliver the best service across Cataluña. We value Briver’s shared commitment to excellence and vision of bringing technology and transparency to the industry” explains Iñigo Juantegui, CEO and co-founder of Ontruck.
Wtransnet’s exchange platform connects more than 11,000 transportation companies across 33 countries and launched Briver in June 2018 as an innovative project to complement this service. Briver uses technology to connect shippers and carriers seamlessly by offering real-time visibility to make road freight more efficient by significantly reducing the number of empty kilometers traveled by carriers on roads. In just over one year, Briver has established a trusted reputation across Cataluña, generating value for both carriers and shippers.
In the weeks leading up to the holidays, demand for vehicles increases to over 40% kicking off with Black Friday in late November, through to Christmas. The Briver acquisition will bolster Ontruck’s capacity to meet the demand of the Christmas rush by increasing the vehicles available for shipments by 20% in Cataluña. This is also anticipated to drive a 15% growth in business volume for the company.
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