Founded by Sehinde Afolayan, Tobi Obasa and Akindele Phillips during the COVID-19 lockdowns of 2020, Haul247 is a marketplace that connects companies with shippers and storage, reducing transportation costs and maximising efficient asset use. “Haul247’s value proposition is simple – a unique platform offering opportunities for clients to transport and store their goods in one logistics ecosystem,” Afolayan told Disrupt Africa. Africa’s freight logistics industry is highly fragmented, with over 80 per cent of the market operated by informal carriers with only a handful of trucks. Haul247 aggregates these informal carriers and makes their assets available as a pool to companies that need their services. Presently, Haul247 has onboarded 14 enterprise and FMCG businesses, and also has over 1,000 trucks on its roster, with about 150,000sqm of warehouse space available across multiple locations. The company operates only in Nigeria but is looking to expand into other African countries over the next couple of years.
SOURCE: DISRUPT AFRICA
