LYNWOOD, Calif.--(BUSINESS WIRE)--NEXT Trucking, a FreightTech pioneer that connects shippers and carriers, has entered into an agreement to open an 18 acre drayage facility in Long Beach, CA that will relieve congestion at the ports of Los Angeles and Long Beach, the largest ports in the U.S.
Delays in drayage, the first step in moving goods from the port to their final destination, cost the industry nearly $350 million annually. These delays are caused by a number of factors, including increased container capacity on cargo ships and the limited number of truck drivers who are licensed to enter the ports.
With the new facility, NEXT is able to combine its physical assets and proprietary technology to offer unique solutions that address drayage pain points. The strategic location, less than ten miles from the Port of Long Beach, increases container capacity for NEXT’s Relay program which is designed to maximize drayage efficiency. Through Relay, trucks with clearance to enter the ports can shuttle containers to the new yard and bring empty containers back with quicker turn times, increasing throughput and reducing emissions. Shippers in the Relay pilot program have seen a 167% increase in containers pulled with greater end-to-end visibility. Drivers in the pilot have seen a 20-50% increase in income, while also decreasing idle time.
“We’re creating a solution to ease congestion and eliminate the biggest choke-point throughout the shipping industry,” said Lidia Yan, CEO at NEXT. “Relay has been tremendously successful in its pilot program, and with the new facility, we’ll further scale our approach to provide value for shippers and carriers.”
The new yard in Long Beach adds 18 acres of capacity to NEXT’s Relay program, which currently utilizes an 8-acre facility in Gardena, CA.
For more information, visit www.nexttrucking.com
NEXT, a FreightTech pioneer, offers premium shipping experiences to many of the world’s best-known companies. NEXT’s platform connects shippers with freight capacity across drayage, transload, and FTL. Headquartered in El Segundo, CA, NEXT is venture-backed by leaders such as Brookfield Ventures, GLP and Sequoia Capital. For more information, visit www.nexttrucking.com.