Do you remember how Airbnb redefined the way we travel? And how Uber and Lyft revolutionized how we got from A to B? Well, a new tech platform claims to be an efficient solution for bringing visibility and value to the supply chain’s underutilized equipment and making that equipment available to those in need.
REPOWR, a startup based in Alabama, is a virtual community and digital marketplace that monetizes the supply-chain’s underutilized equipment, via B2B equipment rentals. Think Airbnb, but a sharing-economy for the supply-chain’s mobile equipment. The company is refining the way transportation companies rent and lease equipment, by connecting transportation and leasing companies to a network marketplace.
If a transportation or distribution company’s trucks and trailers are not being utilized regularly, they become a significant expense for companies. The REPOWR platform enables equipment owners to generate revenue from its owned, underutilized equipment supply. Those in need of additional equipment capacity know where to find it, without making dozens of phone calls. REPOWR is due to release its initial mobile application in the coming months, but its website is available to gas distributors to utilize now. The company began in the long-haul trucking industry, where it has created much momentum among the some of the trucking industry’s largest companies.
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