All of these agreements allow Tracant to provide a solution to the supply chain crisis, end-to-end and reduce transportation costs. Enter new areas that are growing very fast and thus expand the company’s access to hundreds of thousands of trucks that will be connected to its systems.
At the end of the week, Trakant signed an agreement for cooperation with KAL Air Lines in Israel from the Challenge Group.
This agreement contributes significantly – through Trucant’s groundbreaking technology – to solving the global supply chain problem, and assists in the global effort to reduce greenhouse gas emissions.
According to Mr. Hanan Friedman, the company’s founder and CEO: “I am pleased to update on a significant agreement we signed today. This agreement extends Tracant’s approach and gives us the opportunity to connect to cargo at the earliest stage of transport planning, before leaving the factory and boarding the aircraft. Using a location-based interface, we will optimally connect The appropriate truck arriving at the airport, and a cargo unloaded at the airport and required for transportation.
I’m happy with the choice of group Challenge And their desire to contribute through Tracant’s groundbreaking technology, to the solution of the global supply chain problem, and to the improvement of service to their customers, alongside the implementation of a technological solution as part of the global effort to reduce greenhouse gas emissions.
Tractant has set itself the goal of presenting a solution that appeals to all entities and companies involved in the global supply chain, which are experiencing, following the Corona crisis, one of the most severe global crises ever in the supply chain, exorbitant prices, delivery delays and severe truck shortages.
Our connection to the world of aviation is an important part of resolving this crisis.
Tracant’s platform is a kind of “floating fleet” of trucks, made up of a multitude of truck fleets across Europe, which together form a collaborative ecosystem. We know how to talk to a wide range of trucks and vehicle fleet management systems, as well as with cargo requirements, and understand from each side, its requirements in order to produce smart truck-cargo adjustments, subject to the regulatory requirements required in each country, thus minimizing empty travel, according to statistics Global on about 30% of all cargo shipments.
Challenge Group CEO Mr. Yossi Shukron saidThe Challenge Group is in tremendous momentum and will add eight aircraft over the next three years to the group’s current fleet of aircraft. This increase will lead to a dramatic growth in the amount of cargo that the group carries both by air and on land, and we see the cooperation as very important for improving, streamlining and strengthening the group’s ground logistics services system. “
The Challenge Group is a leading group of cargo active in the international arena and numbers a number of companies, all controlled by businessman Ofer Gilboa. Among the group’s companies: CAL Cargo Airlines – an Israeli cargo carrier leading the cargo flight market in Israel, Challenge Airline – a cargo airline operating from Liege, Belgium, Challenge Handling – a Belgian cargo terminal, and Challenge Air-Cargo – a cargo airline operating a flag The Maltese.
The group has a fleet of four Boeing 747-400B cargo planes that it owns, and it leases aircraft and flight volume from other international sources. The group operates from Liege Airport located in eastern Belgium. The destination network to which the group’s aircraft fly includes destinations in North America, Europe, China, Hong Kong, the Emirates in the Persian Gulf, Israel and other destinations.
Trakant, announces that it has signed an agreement for cooperation with CAL Air Lines in Israel from the Challenge Group, according to which:
The parties will work together for the integration and implementation of the Tracant platform in CAL’s systems for a period estimated by the parties at 90 days from the date of the agreement.
The Challenge Group is entitled to use the Tracant platform for 30 days, starting after the integration process is completed, free of charge. CAL will then pay the company a total of 5 euros for each trip planning through the Tracant platform. The terms of payment will be determined by agreement between the parties.
Tracant will charge the contractors registered in the system, for each smart match through the Trakant platform, a total of 5% of the shipping price of each such match.
For the Challenge Group’s use of the Tractant platform, the Company granted the Group a non-transferable, non-exclusive license to use initially in Europe, for six months, and secondly in the United States, for 36 months.
The agreement is for an indefinite period and each party will be entitled to terminate it by notifying the other party.
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