Trailer Magazine

Freight startup in the running for $100,000 prize

  • Posted on Sunday 8th, February 2015.

Sydney-based start-up FreightExchange has been announced as one of 20 finalists for the OzApp Awards, going in the running to win the US$100,000 prize.

FreightExchange is a digital marketplace offering an online interface for shippers wishing to move freight in spare capacity in trailers, trains and planes. The operation concentrates on long haul transport on the East coast of Australia, offering real time tracking of freight.

According to OzApp Awards, FreightExchange will receive $24,000 worth of hosting, education, mentoring and marketing support, along with six months free service from social media enterprises Hootsuite Pro and Hootsuite University.

Once announced, the top five contestants for the OzApps Awards will get to pitch their business ideas to a panel of experts and venture capitalists at the West Tech Fest on February 18 for the chance of winning the top prize.
FreightExchange founders are currently developing relationships with transport operators and running under a pilot program to test processes and real-time tracking.

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