Ontruck, the Spanish regional road goods transport agency, has taken a new step forward in its international expansion strategy by launching operations in France.
The company, who this year celebrates its third anniversary, has opened offices in Paris to provide their innovative short-distance transport solutions across the Île-de-France region. As a central hub for infrastructure surrounded by areas of major production and consumption, Paris will serve as Ontruck’s gateway into the French regional freight market. France becomes the third European destination to avail of Ontruck’s innovative services as it continues to build out it’s EU network.
“After a year of successful operations in the United Kingdom, during which we were able to significantly grow and establish our foothold as a new and innovative player in the regional transport ecosystem on British roads- we were eager to continue to grow our European presence. We are very excited with this new challenge and we hope to maintain the warm and welcoming reception that we have received during our first few weeks in Paris,” says Iñigo Juantegui, CEO and co-founder of the company.
As of last November, Ontruck fulfilled its first load in the neighbouring country and presents itself with full traction capacity in the emerging French market. Today it already counts on a considerable team of local hauliers who are duly audited and who use their app from their phones to get to know businesses’ load demands and accept those which best adapt to their circumstances, in relation to their available space, route and geographical localization.
Moreover, in just a few weeks they have been able to capture the interest of top level companies, who have become their first clients. In France more than 2,000 million tonnes of palletised goods are moved by road each year. “It is this mode of transport where efficiency suffers the most. Our objective is to ensure that the companies who need to send palletised goods find the best hauliers to do so optimising the existing resources to distribute the flow of goods across the supply chain more effectively,” explains Nicolas Lubeth, Head of Operations in France.
Paris is among the top ten cities in the world with the highest amount of traffic congestion, according to the INRIX Global Traffic Scorecard. Ontruck’s routes and loads optimisation system will contribute in reducing empty journey rates, alleviating this situation as well as reducing fuel consumption and lowering CO2 emissions.
Ontruck is supported by its shareholders as well as the outstanding involvement of French investors: Cathay Innovation, Idinvest Partners and Total Energy Ventures. The presence of such a strong local investor base was also a determining factor when choosing the French market as Ontruck’s second hub for international expansion after launching in the United Kingdom in 2018.
About Ontruck Ontruck is a company specialising in regional road goods transportation services relying on technology to offer a management system for immediate loads and transparent prices. Ontruck connects companies with a wide network of professional drivers, with the goal of providing a reliable and efficient delivery service, and with the possibility of consulting the status of every shipment in real-time.
For their part, the hauliers can receive and accept loads via a free app as they desire, in a way that can fill up the space in their vehicles and increases their income. Ontruck has headquarters in Madrid, an office in London, and is backed by various investors such as Atomico, Cathay Innovation, Idinvest Partners, Point 9 Capital, Samaipata Ventures, All Iron Ventures, Total Energy Ventures and GP Bullhound.
Ontruck has closed three funding rounds at a value of 36.2 million euros. More information available at www.ontruck.com/uk/.