Bosch has teamed up with AWS ProServe and AMOUS TMS to create a new dispatching solution for carriers called RevX. Bosch Mobility Platform Solutions (MPS), a new business entity within Bosch, has recently launched RevX, an innovative optimizing tool designed specifically for dispatchers in the trucking industry. This cutting-edge tool aims to increase visibility to more shipments, ultimately reducing empty miles traveled and improving overall efficiency in the industry. With RevX, dispatchers now have access to advanced features that provide real-time available shipments, empowering them to make more informed decisions and drive better outcomes for their operations. Read on to learn more about how Bosch's RevX is revolutionizing the trucking industry.
In this article, we will delve deeper into the features and benefits of RevX and explore how it can transform the trucking industry for the better.
The transportation and logistics industry moves the U.S. economy however the carrier freight market has become extremely competitive since the recovery after the Covid 19 pandemic, when online orders and parcel deliveries saw sharp increase. Economic projections indicate by 2030 global goods transport will grow more than 40 percent, and by 2050 this figure is expected to exceed 145 percent.
Even with this growth, most transportation companies still organize their daily business manually or with an assortment of disconnected computer programs. The L.OS platform aims to connect these services into one ecosystem allowing the carriers to digitally transform their business.
Optimization plays a critical role in the trucking industry, as it directly impacts efficiency and cost-effectiveness. With the increasing demand for on-time delivery and the rising fuel prices, trucking companies are constantly under pressure to find ways to improve their operations. This is where tools like RevX come into play.
RevX is a comprehensive solution for fleets that consolidates shipments from various load boards onto a single dashboard, while providing powerful calculation tools for data-driven decision-making and AI-driven load recommendations. With access to 1 million opportunities daily, RevX facilitates faster communication with posting brokers and shippers, generates more revenue through quicker bookings, increases dispatcher productivity, and enables more efficient use of time for carriers and brokers, ultimately maximizing revenue potential and load coverage.
By optimizing the load selection and planning process, RevX helps trucking companies increase visibility to more shipments and reduce empty miles traveled. This not only leads to better utilization of resources, but also significant cost savings. Moreover, by streamlining their daily workflows, RevX enables dispatchers to make informed decisions in real-time, minimizing delays and maximizing productivity.
In the next section, we will explore the key features of RevX and how it empowers dispatchers to make data-driven decisions.
With RevX, the days of manually tracking shipments and juggling multiple dispatching tasks are over. By harnessing AI capabilities, RevX allows dispatchers to find the load, calculate the profit and book the best load maximizing profit and eliminating empty miles. RevX gives visibility to every registered load board in one screen. Dispatchers can run multiple searches at once based on their specific criteria and then calculate the true revenue for every single load. RevX recommends the best load for each truck and driver every day and with a single click allows dispatchers to communicate with the brokers.
In the future, Bosch plans to offer increased functionality within RevX for topics ranging from search results in a scheduler to forecast driver and equipment capacity for loads up to a week into the future, enhanced load planning and process flows – all from a single source. RevX will use artificial intelligence to turn searches across millions of potential loads into recommendations for the best load and deliver one-click communication to help ensure dispatchers secure the revenue-generating loads swiftly while minimizing manual data entry and errors.
In the following section, we will delve deeper into the specific functionalities of RevX and how they can benefit dispatchers and planners in the trucking industry. Stay tuned to learn more about this game-changing tool.
One of the biggest challenges for dispatchers in the trucking industry is having real-time visibility to shipments. Without accurate information, they often find themselves struggling to optimize routes and make timely decisions. However, with RevX, Bosch has addressed this problem head-on.
RevX offers a seamless solution that simplifies logistics by consolidating spot market shipments across multiple sources. It is the first of its kind decision making application built specifically for dispatchers and load planners that optimizes revenue generation by eliminating empty miles. RevX lives exclusively on the Bosch Logistics Operating System (L.OS) platform. The L.OS platform links logistics-related products, services, and technology offerings to reduce critical pain points that carriers face on a daily basis. Bosch L.OS provides an ever-growing selection of solutions designed to provide fast and easy access to digital services designed to optimize business results.
In the future, Bosch plans to offer increased functionality of RevX by integrating with Amous Transportation Management System. Since both are on the platform, the two services will be able to work together allowing data integration between the two companies. A dispatcher will be able to seamlessly secure revenue generating loads for their company, capture the transportation order from the broker/shipper, assign the load to a driver and put into motion the execution of the transportation order within their operation. By increasing visibility and reducing those empty miles traveled, RevX and Amous TMS will empower dispatchers with the tools they need to improve operational efficiency and make informed decisions.
Bosch, AWS ProServe and AMOUS TMS have taken a true organic approach to the creation of this product. They are working directly with their customers to ensure that the solution not only works but exceeds expectations to really be a game changer for businesses. The following is a product review from one of those customers, Ivelina Atanasova, President of Matrix Trucks.
Bosch's latest offering, the RevX platform, is poised to revolutionize the dispatching process for those working with brokers and navigating the spot market. RevX impressively consolidates multiple load boards into a single, streamlined interface, saving dispatchers an invaluable amount of time and effort. The beauty of RevX lies in its ability to enhance the efficiency of booking procedures. Dispatchers can now easily identify the best-paying loads and spot duplicate postings across various platforms. This not only ensures more strategic load selections but also significantly boosts earnings potential. Furthermore, the platform’s user-friendly design and responsive controls make it accessible, even for those less tech-savvy. By improving how dispatchers interact with load boards, RevX also enhances overall performance and customer satisfaction. In an era where load prices are hitting historic lows, the ability to swiftly and effectively manage loads is more crucial than ever. Bosch has clearly recognized these industry pain points and addressed them head-on with RevX, demonstrating their commitment to innovation and user-focused solutions. In conclusion, Bosch's RevX is a robust tool that offers real, tangible benefits to dispatchers in the logistics and freight industry. Its potential to save time, increase efficiency, and improve load management makes it an indispensable asset for anyone looking to excel in this competitive field. Bosch continues to uphold its reputation for quality and reliability, making RevX a must-have for professionals looking to elevate their operational capabilities.
Bosch has truly revolutionized the trucking industry with the launch of RevX, an optimizing tool that brings numerous benefits for dispatchers. By increasing visibility to more shipments and reducing empty miles traveled, RevX is transforming the way trucking companies operate.