18-Wheelers At App Speed: An $800M Startup Is Trying To Pull An Uber On The Trucking Business
Trucking is a $700 billion market, and the bill for moving full truckloads in the U.S. runs to more than $500 billion a year. Most trucking is done by contractors, small operators who are desperate to keep their rigs full to cover the financing on those trucks. Transfix is on track to collect $100 million in shipping charges for 2018. It will remit the lion’s share of this gross revenue to people who own the vehicles.