ComfortDelGro Brings Out The Huge Boys: Leases Prime Movers To S’pore Startup Haulio

ComfortDelGro Brings Out The Big Boys: Leases Prime Movers To S’pore Startup Haulio

In June, ComfortDelGro invested in three transport-related know-how startups, by their enterprise capital fund ComfortDelGro Ventures.

The investments got here from a US$100 million fund arrange in 2018 to spend money on mobility know-how startups that complement ComfortDelGro’s enterprise in land transport.

One of many three startups it invested in was Haulio, a B2B platform that connects prospects to hauliers on-demand.

Haulio tracks their containers utilizing IoT (Web of Issues) options like good trailers and scheduling algorithms to allow them to maximise their fleet of vans and drivers.

ComfortDelGro Group CEO Yang Ban Seng stated, “Given the similarities in automobile fleet operations between container and passenger transportation, the synergies that Haulio brings match into ComfortDelGro’s intention to increase past passenger transport”.

Transferring past passenger transport, ComfortDelGro in the present day (5 August 2019) takes a step into heavy automobile leasing.

The corporate’s rental arm ComfortDelGro Lease-A-Automotive brings 5 prime movers onto its rental fleet, and will likely be leasing them to Haulio.

The primary two items of Volvo FM and UD Quon tractors have already been delivered to ComfortDelGro, with the next to come back later.

This addition expands Haulio’s rental capability, permitting them to lease out the prime movers on-demand and for port-related jobs similar to Inter-Terminal Transfers, with out the necessity to allocate further space for storing for them.

In February, the startup launched its cellular app to attach prospects and hauliers, and allow them to monitor job progress and fulfilment.

Haulio is at present beta testing the prime mover leases on their platform, and plans to totally roll out the function in September.

Featured Picture Credit score: ComfortDelGro

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