Car Delivery Network in JV to roll out ePOD services in China
Building on their continued success and strong growth in UK, Canada and the US, Automotive logistics cloud-based software specialist Car Delivery Network (CDN) has its eyes on the massive Chinese marketplace.
To roll out its market leading software products in China, CDN has formed a new Joint Venture company with Shanghai KaQu Information Technology Co. Ltd, with Owen Xie, former CEO & President of NYK Autologistics in China, at the helm.
The new company, KAQU Delivery Network (KDN), will market electronic real-time OEM vehicle delivery tracking, damage reporting and delivery sign-off, along with other ePOD capabilities for carriers using CDN’s vinDELIVER application, which is currently used for approximately 17% (or one in every 6) new cars delivered in the US.
KDN will also offer customers CDN’s vinDISPATCH application, which matches demand with availability in real time, allowing OEMs to identify capacity wherever and whenever required, and drives up utilisation of trucks for carriers registered on the system.
KDN has already secured its first customer in China, with more than 500 trucks in operation handling a million units. Going forward, the company will be targeting a wide range of companies, from giant carriers to individual small fleet owners, and Owen Xie, Chairman & CEO of Kaqu Delivery Network, is confident of success.
“We expect Electronic Proof of Delivery (ePOD) and the newly introduced vinDISPATCH product to have strong appeal for our customers; our software ensures smooth flow of information and efficient physical delivery, reducing time and cost, therefore confidently predict a minimum of 40% market share for the future,” he said.
Mike Thorby, Chief Technical Officer at CDN, added, “We are very excited about taking our offering into what is the largest new car market in the world. We see China facing a number of critical issues in terms of new legislation on truck dimensions and continued market growth. CDN technology will help OEMs and Contracted Carriers identify and better utilise truck capacity, as well as supporting them by monitoring the location and delivery of vehicles in the supply chain. The forming of this JV with KaQu was a perfect opportunity for CDN, given their extensive