FRAYT is a Cincinnati, OH based technology company that provides last-mile delivery services. They link customers to their platform through API and today they announced an important growth milestone, reaching a network of 15,000 drivers in over 50 metropolitan locations in The United States.
"Our growth over the past few years has been phenomenal, and hitting this milestone is a testament to the hard work and dedication of our entire team. Our mission has always been to provide unparalleled service, and with our expansive and premium network, we are better equipped than ever." - Luke Denny, Co-founder and CEO of FRAYT.
In a recent report, 79% of businesses said last mile delivery is very or extremely important to staying competitive — but less than half (48%) have actually optimized their networks to improve last-mile delivery. Accurate capacity planning is a big part of ensuring that optimization. But challenges like inefficiencies, inaccurate or incomplete data, and an overall lack of visibility make it harder to accurately predict the capacity you actually need.
FRAYT's diverse fleet now boasts over 5,000 vans and more than 500 box trucks, further establishing the company's ability to meet varying customer demands. This diverse owner-operator fleet is complemented by FRAYT's innovative batching and routing system, allowing for efficient, streamlined deliveries with great customer experience.
"As we celebrate this milestone, our focus remains on continuous improvement and expansion. With each new driver, van, and box truck we're not just growing in size, we're enhancing our ability to serve our customers better." - Jim Waters, Vice President of Marketing at Frayt.
Nucleus sees this as just another example technology changing the supply chain landscape and also the further rise of supply chain platforms.
Source: Supplychaindive
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