In today's episode we explore the possibility to increase truck driver satisfaction and boost truck utilization with better planning tools and smarter algorithms.
Our guest today is Mark Farkas, Co-Founder and Chief Technology Officer of AI Fleet, a vertically integrated technology enabled trucking company that was founded in Austin, TX in 2020.
Together with our host Jonah McIntire, Mark discusses the following topics:
- Mark's background and track record as a successful logistics tech founder
- What inspired Mark and his co-founder to build AI Fleet
- What's wrong with the business model of traditional trucking companies and why technology hasn't made more of an impact over the years
- What the levers to pull are to make trucking more profitable
- What Mark means when he says AI Fleet wants to "humanize trucking"
- The importance of truck utilization as a metric and how improving truck utilization benefits drivers
- How "real" the truck driver shortage actually is and whether it can be solved by better truck utilization
- How truck drivers could benefit financially from a better trucking business model and better technology
- The growth and growth plans of AI Fleet
- Comments on the current trucking market conditions in the US
- Why so many investments in technology and software haven't paid off
- Views on the truck brokerage space
- Why it's so hard to profitably scale trucking businesses
- The path to autonomous trucking
- and much more
Helpful Links:
AI Fleet: https://aifleet.com/
Mark on Linkedin: https://www.linkedin.com/in/mark-farkas-337a33127/
Jonah on LinkedIn: https://www.linkedin.com/in/jonahmcintire/