FreightWaves recently released the 2020 FreightTech 100 companies, and we are honored to be named a winner. The FreightTech 100 acknowledges the most innovative and disruptive companies in the freight industry. It is great to be recognized for the second time, along with other tech leaders, for the groundbreaking work we do in saving fleets fuel.
Innovation is essential for the evolution and continued success of the freight industry and we are dedicated to helping move the industry forward with our technology. Vnomics specializes in working with commercial trucking fleets to effectively optimize fuel usage and eliminate fuel waste. Because of our system’s unique ability to calculate maximum potential fuel economy and precisely determine actual fuel consumption, customers can see for themselves the improvement in fuel economy both in absolute terms for higher MPG and in relative terms of reducing fuel waste.
We know that every driver, truck, load, and route is different, which is why True Fuel™ precisely monitors each vehicle’s actual fuel usage in real-time and compares it to the maximum achievable fuel economy (potential MPG) for that vehicle under its current load and operating conditions. This normalization of MPG is key to fairly recognizing driver performance and leads to improved driver satisfaction and retention. Additionally, True Fuel™ is a great basis for an incentive program that scores drivers fairly and effectively.
Thank you again to FreightWaves for this recognition and congratulations to all the other companies who were named in the FreightTech 100 list. Best of luck to all as the FreightTech25 are named tomorrow.