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Sign upFuel and Emissions Management System
A fuel and emissions management tool for road freight carriers
01.
Identification
Tracks' solution allows road freight carriers to optimize existing transport and fleet management processes by integrating AI-based fuel efficiency measures.
Road freight carriers are under strong economic pressure, operating at profit margins of roughly 3%. Fuel is a major cost factor, accounting for about 30% of operating costs. The importance of reducing fuel increases with rising fuel prices, climate change and the need for shippers to reduce the environmental impact of supply chains. Yet, fuel management today often only happens at the end of the month for reporting purposes. Measures to increase fuel efficiency are missed out as they are dispersed across different fleet activities. Tracks provides road freight carriers a fuel and emissions management tool to centrally measure, reduce and report the fuel consumption and CO2 emissions of their truck fleet. With Tracks' solution, fuel efficiency measures are identified through AI-based digital twins of every truck. In a fuel efficiency hub, fleets can implement recommendations to reduce fuel consumption across fleet activities.
Sector
Application
Target client profile
Tags
Label Date
August 17, 2020
By
Tracks GmbH
From
Germany
Maturity stage
Initial market commercialization
Looking For
Network, New clients, Visibility, Funding opportunities, Partnership opportunities
Sectors - Value chain - Application
Sectors
Applications
Design, Power & Produce
Package & Distribute
Use & Efficiency
Valorize & Restore
Value Chain Steps
02.
The environmental benefits
- •Tracks first product version has the potential to save beyond 27 megatons (Mt) of CO2 in road freight transport globally by reducing the fuel consumption of road freight carriers by up to 15%
- •Tracks is hardware-free and uses existing telematics data
03.
The Financial benefits
- •Allows an immediate payback with an ROI of up to 1600%
04.
Activity Region
- Map
- /
- List
Europe
Kosovo, Vatican City, Ukraine, San Marino, Slovakia, Svalbard and Jan Mayen, Slovenia, Sweden, Russia, Serbia, Romania, Portugal, Poland, Norway, Netherlands, Malta, Republic of Macedonia, Montenegro, Republic of Moldova, Monaco, Latvia, Luxembourg, Lithuania, Liechtenstein, Jersey, Italy, Iceland, Isle of Man, Ireland, Hungary, Croatia, Greece, Gibraltar, Guernsey, United Kingdom, France, Faroe Islands, Finland, Spain, Estonia, Denmark, Germany, Czechia, Switzerland, Belarus, Bulgaria, Belgium, Bosnia and Herzegovina, Åland, Austria, Albania, Andorra,
- Headquarters
- Activity
05.
Company Profile
Tracks GmbH
We use AI for the road freight industry to reduce its environmental footprint, gain transparency and increase efficiency
View company profile
Headquarters
12099 Berlin, Germany
06.
Related Topics
07.
Complementary solutions
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The information set out above, is solely for the purposes of information and the Solar Impulse Foundation does not provide any guarantee as to its authenticity, completeness or accuracy. This information does not constitute investment advice or a recommendation to buy into, transact or to enter into any agreement with any of the parties or persons mentioned above. Potential investors or interested parties are solely responsible for their investment or business decisions and for performing any due diligence required by the circumstances.