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SaaS Interviews with CEOs, Startups, Founders

1160 Convoy, The Uber for Trucking, Charges Avg $4/mile on 100 mile trip, Takes Less Than 20% Per Unit Shipped

SaaS Interviews with CEOs, Startups, Founders

Nathan Latka

Ceo, Entrepreneurs, Founders, Software, Business, Entrepreneurship, Saas, Startups

4.6683 Ratings

🗓️ 27 September 2018

⏱️ 20 minutes

🧾️ Download transcript

Summary

Dan Lewis is the co-founder and CEO of Convoy. Convoy is building the largest connected network of trucking companies in the country, helping businesses ship freight more efficiently, improving drivers' livelihood and reducing the 7% of all greenhouse gases that come from trucking. Before Convoy, Dan served as General Manager of New Shopping Experiences at Amazon, as well as Vice President of Product and Operations at Wavii (acquired by Google), and Group Product Manager at Microsoft. Dan started his career in technology and supply-chain consulting for Oliver Wyman, after studying cognitive science at Yale University.

Transcript

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0:00.0

launched a couple years ago, convoy, think of it as essentially Uber, but for trucking.

0:05.2

They're really, you know, doing a very interesting model here in terms of, again, making it

0:08.3

more efficient, quicker, making sure truckers know where their next truck's going to be, is it

0:11.8

going to be on time, isn't the most efficient drought, how can we bring prices down and how can

0:15.7

we, you know, they're taking less than what industry averages in terms of the costs for that shipping. Usually at 20%, they can be profitable coming in under that.

0:24.4

This is the top entrepreneurs podcast where founders share how they started their companies and got

0:30.9

filthy rich or crash and burn.

0:35.7

Each episode features revenue numbers, customer counts, and other insider information

0:41.4

that creates business news headlines.

0:45.0

We went from a couple hundred thousand dollars to $2.7 million.

0:48.3

They had no money when I started the company.

0:50.3

It was $160 million, which is the size of any IPOs.

0:53.6

We're a bit strapped.

0:54.6

We have like 22,000 customers.

0:58.5

With over 5 million downloads in a very short amount of time, major outlets like Inc are calling us the fastest growing business show on iTunes.

1:07.7

I'm your host, Nathan Latka, and here's today's episode.

1:12.3

Hello, everyone. My guest today is Dan and Lewis. He's the co-founder and CEO of Convoy.

1:16.5

Convoy is building the largest connected network of trucking companies in the country,

1:19.7

helping businesses ship freight more efficiently, improving driver's livelihood, and reducing

1:23.7

the 7% of all greenhouse gases that come from trucking. Before convoy, Dan served as general manager of new shopping experiences at Amazon,

1:31.2

as well as vice president of product and operations at Wavey,

1:33.9

which was acquired by Google and group product manager at Microsoft.

...

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