Ezyhaul

About Ezyhaul

Ezyhaul is a digital freight platform targeting the business-to-business (B2B) road freight market in South Asia, a sector estimated to be worth over $150 billion. The company was founded in April 2016 by Raymond Gillon, Mudasar Mohamed, and Nicky Lum, all seasoned logistics professionals who were former colleagues at UTI Worldwide. Their collective experience, spanning decades in the industry, provided them with deep insights into the market's inefficiencies, such as the high percentage of trucks running empty or half-full. This understanding formed the basis of Ezyhaul's business model, which was conceptualized to function as a digital freight broker.

The company operates a cloud-based marketplace that connects shippers with a network of pre-qualified carriers. This platform addresses the needs of both sides of the logistics equation. For shippers, including manufacturers, trading companies, and third-party logistics providers (3PLs), Ezyhaul offers a streamlined process for booking domestic and cross-border transport. Clients gain access to transparent, real-time pricing, end-to-end visibility of their shipments through live tracking, and digital documentation like electronic proof of delivery (e-PODs). The platform also features a control tower that monitors truck movements and uses machine learning to predict arrival times and manage exceptions. On the other side, transportation companies can accept shipments through the app, which helps them maximize vehicle utilization, find backhaul loads to reduce empty runs, and ultimately increase their revenue. Ezyhaul's revenue is generated by taking a commission on the transactions facilitated through its platform.

Ezyhaul's platform is more than just a booking service; it integrates technology to optimize the entire logistics process. It employs dynamic route optimization to create efficient delivery routes and big data analytics to offer clients insights into their transportation operations and costs. The company serves a diverse client base, from small and medium-sized enterprises to large multinational corporations like Coca-Cola, Reliance Industries, DHL, and DB Schenker. Since its inception, Ezyhaul has shown significant growth, expanding its operations from its initial launch in Malaysia to include Singapore, Thailand, India, the Philippines, and Indonesia. The company has successfully raised a total of $21.8 million over three funding rounds to fuel this expansion and further develop its technology. In a strategic move, Ezyhaul, along with DHL, invested $20 million in the UK-based logistics tech startup Digihaul, indicating its ambition to influence the digital freight landscape beyond South Asia.