Fintech News

AHX raises $ 5 million for the car shipping platform

Car transport market Auto Hauler Exchange (Ahx) raises $ 5 million in new funds.

The company said this series is a circle, informed of a Review News Tuesday (Feb. 4), allow it to expand its teams, its operations are contradictory and enhance its platform, connecting to car haulers with car shippers.

“We refer to give a seamless experience for all users, which make car transportation easier, faster, and more costly,” as Royce NeubauerThe founder of AHX and CEO. “Our mission is to change the finished automobile industry, starting with car carrying, and this fund is a big step to determine vision.”

According to the release, AHX has over 5,000 network carriers, with upwards of 350 slippers using its platform to move vehicles. That platform streamrines the fund carriers process, while also helps carriers to optimize their routes and maximize their trailer capability.

If Cymts CEO Karen Webster Talking to Neubeuer in 2023, he noticed the “division and disadvantages” he saw in his years in the car logistics field.

As mentioned in the report, as the first digital market of the logistics industry, AHX has been automated complex workriflows to connect vehicle managers, which prompts vehicle managers, which have been promoting vehicle managers, which -aging car shippers, placed middleman and middleman stripped and emerged in industrial Silos who had always been carrying carriers who were driving carriers called “Empty mile” with empty space on their trucks.

“I don’t understand why the trailer is not filled,” Neuber said. “But many chinses work with a small pod of large carriers, and the problem is many times for many carriers in real management – there are thousands of carryers looking for these opportunities. “

In other logistics news, Pymts wrote on Tuesday about Pending Trump administration TARIFF In Mexico, Canada and China. While former countries strikes agreements allowing them to delay their tariffs, the 10% Levy of China continues next week.

The situation has companies Change the supplies of supply chain techniques to minimize disruptions and optimizing costs.

“Many companies are conducting management, expanding capabilities for making the US, and are looking for opportunities to resist and friendship in countries less experiencing tariffs. In a minimum, active companies actively on one side of their chain supplies to meet these risks, ” Lisa AndersonBuilder and President of Grouppo in LMAtells the pymns in an interview.


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