Uber Inc. launched another company named Uber Powerloop, an affiliate of Uber Freight, in 2018. And this revolutionary trailer pool model aims at leasing trailers to carriers.
Also, allowing them to take part in a re-envisioned trailer pool model.
In this uber Powerloop review, we will discuss the uber freight Powerloop’s prospects and how it benefits truckers, owner-operators, and fleet companies.
What is Uber Powerloop Requirements?
To qualify for uber Powerloop, a carrier will have to complete an Uber Freight carrier packet and also fill and agree to Powerloop’s trailer rental agreement.
Carrier companies are eligible to participate in the Powerloop program when they meet Uber powerloop requirements and are approved by Uber Freight.
The following are the Uber Powerloop Requirements
- You will need Power only trucks to qualified for uber Powerloop. At the moment, drivers for Uber Freight must have either a 53′ dry van or reefer. Beyond that, the company is vague on the truck size for uber Powerloop.
- To qualify for uber Powerloop, you will need to have a Power Only Truck. At present, Uber Freight drivers must have either a 53′ dry van or a reefer. Beyond that, the company is unclear on the size of the truck for uber Powerloop.
- A carrier must operate in California, Texas, and Oklahoma, where Powerloop is currently available.
- Uber Freight carrier packet, as well as the trailer rental agreement, should be completed by the carrier and approved by Uber Freights.
- The powerloop is Currently available for all licensed carriers/truckers in Texas, California, and Oklahoma.
Uber isn’t specific about what type of ELD devices you can use with Powerloop, but we have listed in this post some ELD devices you may use with the system.
This revolutionary trailer pool model facilitates the inclusion of carriers of all sizes in the program.
Thus, making any trailer to be accessible by any carrier on the Powerloop network.
And this results in better utilization of assets and can reduce the need to maintain the number of empty trailers.
What is Uber Powerloop?
Powerloop LLC is an Uber firm that leases trailers to carriers (and a subsidiary of Uber Freight).
With the introduction of Powerloop, any qualified carrier, no matter their size, can partake in this revolutionary trailer pool model.
In California, Texas, and Oklahoma, Powerloop is available at the moment and will grow in the near future.
How it works
At a designated pickup venue, drivers will pick up a preloaded truck.
Without prolonged downtimes, the driver may drop off at a designated drop off place in most situations. And this eliminates having to wait for the trailer to be loaded or unloaded, which also leads to detention. If a live unload is needed, it will be noted in the list of loads.
One of several reasons for Uber Powerloop branching is to address exclusively the capacity crunch. And this crunch has long existed in the sector, especially after the ELD mandate has been implemented. There has also been a limited number of total driver time available.
The focus on the shipper and carrier side has also been increased to make the whole freight system operate efficiently.
Uber freight looks at how traditionally the drop trailer programs function. And what the company noticed was that power-only or drop trailer operations were handled by large carriers owning properties that had power units with trailers.
And therefore, drop these trailers on a more dedicated basis at the shipper’s location. However, the issue was that truckers who go there to pick up the trailers often drive back unloaded. Thus, raising the shipping costs for shippers.
Return to time efficiency!
If a carrier transfers trailers from Chicago to Pittsburgh; they would then have to pay for the deadhead miles as the truck returns from Pittsburgh to Chicago empty.
So, Uber freight decided to build a versatile but dynamic model to ensure that both directions of such trucks would be loaded.
And this system will enable drivers to drive one of the preloaded trailers and drive them between one location to another one and there is also another load for them to carry back.
The carriers involved in this program enjoy it. In round trips, they move around the network and spend all of their available hours in one day moving freight and getting paid.
Importance of Uber Powerloop
Presently, there really is a freight supply and demand gap in the United States.
In order to increase freight matching speed as well as secure, effective freight transportation. And this has generated a need to enhance driver utilization.
The largest cause of downtime for carriers’ company is detention, or even during the loading as well as unloading period; the time carriers spend in shipper location.
For this downtime, which usually lasts two hours or even more at each of the shipper and customer locations, carriers really aren’t charged.
Avoid Detention Fees
Shippers are usually paid detention fees anywhere from $25-90 an hour after the two-hour mark, depending on the shipper-carrier arrangement.
Yet more pressure on the industry was introduced by the Electronic Logging Device (ELD) law in December 2017. As driver hours have become electronically logged, ensuring greater driver compliance with service restriction hours.
Conventional freight has been both live-loaded and live-unloaded, causing a considerable downtime during which it is not used for driving by carriers.
In Powerloop loads, using dropped trailers for higher efficiency at the facility, freight can even be preloaded at the shipper location.
The vehicles are brought to the receiver location after the dropped freight is received from the shipper and can even be either live-unloaded (drop-live scenario) or dropped (drop-drop scenario).
Compared to conventional live-live freight, these two Powerloop scenarios of drop-live and drop-drop freight could boost on-time delivery. And is also enhance operation efficiency and eliminates detention fees by decreasing the downtime carriers spend at facilities.
What Do I Need to Be Part of Uber Powerloop?
Powerloop enables power-only carriers registered in the Uber Freight app to lease trailers. And also connect them to shipping companies in the Powerloop trailer pool model.
This way, shipping companies can handle more loads regardless of their size, thereby lowering the competitive pressure for trailer-pool programs.
Uber freight lease her third-party partner’s trailers and afterward rent them out to carriers’ company in their network.
As required to meet their load requirements, shipping companies can rent trucks.
In general, the amount of trucks that a shipping company can rent at a time is typically limited to the number of power units they have.
Powerloop Advantages for Owner-Operators?
Smaller fleets and owner-operators appear not to have, say, 10 or 20 trucks to leave at one location.
They also have no partnerships with these big corporate shippers. So, Uber freight set up a new agency called Powerloop to meet the needs of both.
Uber manages this revolutionary trailer pool model. However, it is only in the leasing business of trailers and afterward renting them to shipping companies.
Uber Freight drops Powerloop trailers at seller facilities whereby small carriers can have power without having even to own truck fleets themselves.
Shippers broaden their access to capacity as well as pay less for trailer pools than large fleets spend.
Uber Freight says that it will drop trucks at shipper locations, then lease them, loaded to ride, for $25 a day. The carrier supplies power and, therefore, only pays for the time it actually uses the trailer.
Uber aims to build a network that could broadly allow drivers to switch trips without loading or unload at either end.
The power-only service of Uber can involve any eligible small carrier or owner-operator. However, It needs insurance and operating authority.
Powerloop Advantages for Fleets?
It has been an excellent way for large & small owner-operators to find loads and encourage their company’s growth since Uber Freight started in May 2018.
With its latest Powerloop operation, the ride-hailing company’s Uber Freight subsidiary made another powerful leap in the trucking world.
Powerloop reduces the barrier to entry to trailer pool systems by renting trailers and allowing access to drop freight for carrier companies of all sizes.
And this is a game-changer in the transportation industry for all owner-operators.
As a result, this revolutionary trailer pool model helps to strengthen the entire supply chain.
And it also provides everyone involved with a win-win:
- More miles for the driver due to shorter waiting times
- Greater shipper operational efficiency
- Less investment in assets by the fleet
Any qualifying carrier, irrespective of size, can participate. Through renting trailers instead of buying them. And thus, enabling carriers even to drive new enterprises.
Powerloop allows preloaded trailers to be accessed by a fleet company, reducing load time from hours to minutes.
And this helps free carriers’ company at facilities from unexpected delays.
Through using Powerloop in contrast to conventional freight, shippers could theoretically save up to $16 a load in detention fees.
And in contrast with conventional freight, Powerloop theoretically increases the on-time packet delivery ratio by 2 percent.
Uber Powerloop Advantages for Truckers?
For carriers and shippers alike, one of the most significant pressure points in trucking is detention time. All losses if truckers are displayed at warehouses waiting to load or unload their freight. And these delays cost approximately $1.1 to $1.3 billion in losses per year for truckers.
A queue of drivers lingering at the warehouses to load or unload causes delays and shortfalls in shipping companies’ supply chains.
Qualified truckers can drop off and also pick up preloaded trailers with Powerloop. As a result, they can get back on course faster, boosting operations efficiency for the warehouse, the shipper, and the Trucker.
With Uber Powerloop, the days of looking for the next load endlessly are over.
Carriers are likely to locate backhauls as part of the Powerloop network more quickly. Therefore, Powerloop optimizes the use of drivers, helping both carriers and shippers.
Uber Powerloop Benefits
In regards to the fleet industry, the freight business is thriving, changing, and growing. According to the American Trucking Associations, in 2017.
Income from the fleet industry accounted for almost 80% of the $900B generated by other forms of transportation,” but this is not losing momentum.
The rise in e-commerce, higher consumer spending, and accelerated production processes have increased freight demand. That, combined with the effect of the ELD mandate, implies that shipping companies in decades are amid the most important capacity crunch.
More relevant than ever are truck drivers. Uber Freight offers the resources needed to keep up with the demands for shippers and carriers worldwide regardless of the size of business and how much funding they have.
The company seeks to change legacy business standards and create fresh avenues of opportunity by doing so. The conventional trailer pool model is one region that they have successfully archive through the Uber Powerloop.
As a result, costs decrease and help to eliminate waiting time for both shippers and drivers.
Drivers running power-loads through trailer pool programs spend less time at facilities waiting around and more time moving freight on the road.
Regrettably, these systems cannot be taken advantage of by most transportation companies across the country with the traditional approach.
Most trucking companies do not have the money to invest in several trailers, and they can’t secure relationships with shippers because a lot of them have fewer than six trucks.
And that is why Uber launched Powerloop to leases trailers to carriers and allows any qualifying carrier to participate in a groundbreaking trailer pool model, regardless of their size.
As a result, Powerloop reduced the entry barrier for trailer-pool programs by building a shared pool of trailers.
The network of easily accessible Uber Freight carriers can be taken advantage of by shippers.
And this allows them to optimize the warehouse’s operations by loading and unloading trailers when they are most convenient.
For the fleet industry, it’s win-win and huge progress.
In which states is Powerloop working?
Uber Powerloop has grown to a vast new market. Powerloop’s operation was available in the past only in Texas
However, it is now extended to California, the fifth-biggest market globally, and house to the country’s major ports in the United States.
The tool’s purpose is to decrease dwelling times, which is the time spent on a facility by a truck and not just on the road.
The US Department of Transportation (DOT) reports that dwell times decrease US shipping companies’ annual earnings by up to $1.3 billion.
Also, long dwelling periods may have a domino control over the supply chain of a business and trigger production problems or late shipments to clients.
Which Are the Best ELDs For Uber Powerloop?
Using Uber’s Powerloop with ELD devices is positioned as an enabler that enables an asset-based fleet company to leverage on capacity.
It also provides shippers with a better experience, empowering them to thrive with this revolutionary trailer pool model. As a result, small to medium-sized fleet businesses can competitively perform their business with large firms.
The following are the ELD devices that can be used with the Uber freight Powerloop:
1. KeepTruckin ELD: best overallUber Freight Partnered with KeepTruckin, to help fix the issue of accountability, increase load visibility as well as enhancing load monitoring.
And this is done by integrating directly through an API with KeepTruckin.
The fleet management system from KeepTruckin is the latest approach to manage a fleet company’s operations.
KeepTruckin supports over 55,000 fleets of all sizes, from field services to trucking, to do the following;
- Reduce costs with actionable metrics of performance
- Connect fleet to the KeepTruckin App Marketplace with built-in 4G LTE WiFi ⠀
- Avoid injuries and disputes with Smart Dashcams that are entirely integrated
- From a real-time dashboard, monitor and manage drivers, equipment, assets, and work areas
- Streamline tasks such as compliance with IFTA and DVIR, communication and dispatch of drivers, and records management system
As a result, you can run a more effective, secure, smart, and reliable company with KeepTruckin.
You can take a look at our unbiased KeepTruckin reviews here.
2. GPSWOX: an affordable choiceGPSWOX is a FREE GPS monitoring and fleet management device successfully used worldwide by several enterprises, government institutions, and private individuals.
This ELD solution allows tracking an unlimited number of objects, receive detailed alerts, create reports, and even more in real-time.
For most GPS devices such as smartphones, the GPSWOX app is compatible.
It’s easy to use; the user only needs to log-in, add your GPS devices, and start monitoring your products in less than five minutes.
There is our extensive review of GPSWOX here.
3. Samsara: modern & intuitiveSamsara announced a new collaboration with Uber Freight on February 26, 2020.
And this partnership helps minimize compliance costs and improve productivity for shipping companies, owner-operators, and drivers nationwide.
Fleet routing, as well as dispatching, is a fantastic experience with the Samsara ELD. And with fleet management, Samsara is impressive, and it eliminates the need to call drivers to find out their precise location.
The Samsara at any given point in time provides immediate positions on all vehicles.
Our review of Samsara ELD is available here.
4. Geotab ELD: different payment plans
Uber Freight partnered with Geotab, an industry pioneer in providing fleet solutions and services, on November 14, 2019, to deliver ELDs to small carriers.
While this Free Geotab service powered by uber freight has ended, Geotab is still dedicated to ensuring roads safer, empowering companies, and technological advancement.
To improve both software as well as engineering hardware, Geotab invests a lot in its products.
It basically depends on the payment plan you select regarding functionality and features, which you can see in our Geaotab ELD reviews.
While the basic plan primarily centers around service hours (HOS), DVIR as well as IFTA;
More advanced features, such as active GPS monitoring, are also included in the ProPlus package.
5. Verizon Connect ELD: if you are looking for a recognized brandVerizon Connect ELD is obviously one of the best ELDs today, with far more than 28,000 customers and more than 594,000 subscribed vehicles.
However, that was not the only reason for which you should invest in this electronic logging system.
Our Verizon Connect ELD reviews take discuss several advantages of providing service-based organizations with this fleet management model.
You will be able to monitor the vehicles and drivers in your fleet in real-time with that kind of a solution mounted in your vehicles.
You will also be able to monitor the various ELD components from the app.
And also tell your customers where the delivery vehicles are located, and whether or not they will arrive at a given time.
Through Uber Powerloop’s revolutionary trailer pool model, at the initial shipper facility, the decreased detention period allows carriers to have a greater chance of getting on time to the recipient.
Compared to appointments, loads with window schedule forms have more incredible on-time delivery, as carriers have a more comprehensive range of time to arrive, making it easier for carriers to achieve higher operational efficiency.
Given the existing supply and demand imbalance of truckers, improving the use of drivers to guarantee a smooth source of freight and increasing matching freight speed is essential.
Uber Powerloop offers a possible solution to this challenge and enhances shippers’ freight efficiency.