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I used to work for startup called OpenMile in 2012. We were trying to do pretty much the exact same thing. We might have been too early, but it was hard. We had
by mkoryak 9y ago
I used to work for startup called OpenMile in 2012. We were trying to do pretty much the exact same thing. We might have been too early, but it was hard. We had the tech, but the trucker and other brokers were not very tech savvy. The margins were low and there was too much hand holding.
Best of luck to them.
- mv4 9y agoHow far did you get? Were you delivering shipments?
- mkoryak 9y agowe were a high tech broker. yes we did loads, but we could never figure out how to set good margins.
- thephyber 9y agoThe article states that truckers lose up to 25% of the job price to freight brokers (obviously a ceiling). Were your margins far smaller than that? It seems like the reputation feature and the ability for truckers to find a load on shorter notice would be incredibly valuable. I'm guessing if a broker is already making $13b in revenue, they've already experimented with some similar evolutionary changes to their negotiation process.
- phrogdriver 9y agoI used to work at a startup called Trusker doing the same thing, I can't give your comment enough up votes on 1. not very tech savvy, 2. margins were low, 3. too much hand holding and I would add 4. a 1200 mile trip between commercial locations with weird hours and instructions is nothing like the intracity taxi markets.