The vehicle transport and logistics space continues to grow.

Late last month, a new online portal for vehicle logistics launched: Auto Hauler Exchange, a platform the company says, “streamlines the shipping process, cuts shipping delays, and reduces empty space on carriers and unnecessary miles while increasing revenue.”

Auto Hauler Exchange, also called AHX, aims to connect both large and small vehicle haulers, throughout the U.S. and Canada, with vehicle shippers.

Royce Neubauer is founder and CEO of AHX.

“Vehicle logistics processes are very dated and fragmented. This has impacted the entire vehicle supply chain with a considerable loss of vehicle carriers actively hauling,” Neubauer said. “The Auto Hauler Exchange online marketplace is a transformative option to remedy this situation. The exchange provides a digital ecosystem where shippers and haulers can work together.

“We enable shippers to market their opportunities directly to carriers, so there is no middleman pulling revenue away from the transaction. We also enable carriers to embrace opportunities directly from large scale shippers that they would not normally see.”

The company says AHX allows remarketers, dealers, fleets, rental companies, auctions and OEMs to expand their buying and selling radiuses thanks to the nationwide carrier partnerships on the platform.

“They can also trust that the carriers that are moving their vehicles are vetted and have the correct authority, insurance and safety ratings to do the work,” AHX said in the release.

Likewise, AHX allows carriers to expand and work with large-scale shippers they might have been able to serve in the past.

“They can pick and choose which opportunities fit their routing on a day-by-day basis to maximize their capacity and eliminate empty miles, while allowing them to plan their backhauls in advance,” AHX explained. “Also, AHX pays the carrier on their terms, enabling them to receive payments in as little as 48 hours after all documents have been uploaded into the system.”

AHX beta tested the exchange with more than 20 dealer groups and remarketers, while signing up roughly 200 carriers. The company has seen further growth post-launch.

Neubauer added: “In essence, we are replacing the middleman and digitizing tedious and time consuming manual operations with sophisticated technology that we customized for vehicle transportation in partnership with our marketplace platform provider, Nautical Commerce. We have automated the complex workflows of the vehicle logistics ecosystem seamlessly on the robust Nautical platform, enabling the exchange to provide a frictionless experience that is easy to learn and use.”

Ryan Lee is founder and CEO of Nautical Commerce. He said in the release, “Royce and the Auto Hauler Exchange team are visionaries in an industry that has traditionally been resistant to change. By reinforcing the relational pieces of their business and digitizing the low value transactional aspects, Auto Hauler Exchange can better serve their customers — both shippers and carriers. Nautical is proud to be the technology partner powering the next-generation of logistics brokerage.