EKA Solutions said it’s seeing strong growth in its small-fleet target market.
Photo: Jim Park
As the supply chain increasingly moves toward greater interconnectedness and visibility between carriers, brokers, and shippers, EKA Solutions said 2021 has already started out strong with adoption of its cloud-based integrated freight management ecosystem.
EKA Omni-TMS for carriers is a transportation management system designed to give small and medium-size carriers the ability to compete with large fleets.
“In just three months, a rapidly increasing number of small carriers have adopted the EKA Omni-TMS, empowering these companies to ‘tech up’ for the future,” said J.J. Singh, founder and CEO, in a news release.
He told HDT that at least 33% new customer growth expected in the first quarter of this year compared to the fourth quarter of 2020.
EKA’s goal was to target a diverse group of small-fleet customers for its TMS, typically those operating 30 trucks or less. “Rapid acceptance confirms our market assumptions were correct, which is very gratifying,” Singh told HDT.
These customers cover a diverse range of businesses, he said, including long haul, medium and short haul freight, using all classes of trucks, and with equipment including dry van, temperature-controlled, flatbed, bulk and livestock.
Although the COVID-19 pandemic negatively affected its business in the first half of 2020, Singh said things turned positive in the second half of the year as the economy and freight business environment improved.
This year, EKA is targeting an “exponential growth in revenue,” Singh said. All of its TMS and visibility products are being continually enhanced, he said, and EKA will introduce Shipper TMS for small- and medium-size shippers in 2021.
Also, in 2021, EKA will integrate its supply chain TMS with third-party services to deliver key services at affordable prices to small and medium size carrier, broker and shipper customers.
“EKA TMS is helping small carriers transport all types of commodities, enabling them to handle different customer pricing methods, fluidly pay drivers and settle with owner-operators, and provide complete freight movement visibility to their customers and trusted partners at affordable technology stack and operating costs,” said EKA President Mark Walker in the news release.