Volvo Group Venture Capital AB invests in the U.S.-based aifleet.
“Aifleet is addressing inefficiencies in the trucking industry in a differentiated manner, building technology and proving out its capabilities through their own fleet operations,” says Joe Darcy, investor, Volvo Group Venture Capital. “Not only are they increasing the utilization of the trucks on the road but also making sure drivers have an optimized working environment.”
Aifleet operates in the U.S. full-truckload segment of the trucking industry, where a truck’s full capacity is bought to ship larger freight between set destinations.
It is building a trucking fleet focused on increased driver satisfaction that boost truck utilization with better planning tools and smarter algorithms. By optimizing route planning and scheduling, and building end-to-end automation, aifleet’s own operation generate over 40 percent higher driver utilization than industry average.
