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FleetWorks

FleetWorks

Automating the 2B phone calls and emails that keep freight moving

FleetWorks automates the 2B phone calls and emails that the freight industry makes every year. We use voice synthesis, generative AI, and integrations with logistics systems to solve the largest cost in this industry - people. When Uber Freight needs to ship a truckload of Coca-Cola going from Phoenix to Bentonville. They can use FleetWorks to call the driver to get an ETA, alert the receiver and shipper that the driver is running late, and reschedule the appointment - all with automated text messages, phone calls, and emails.

FleetWorks
Founded:2023
Team Size:2
Location:New York
Group Partner:Michael Seibel

Active Founders

Paul Singer

Automating the manual parts of logistics management. Previously PM at Uber Freight where I led the tech teams managing carrier quality.

Paul Singer
Paul Singer
FleetWorks

Quang Tran

Prior to FleetWorks, worked on moonshot projects at Airbnb. In parallel, cofounded an AI NFT company in 2021. Our team used LLMs and GANs to create & drop art on the blockchain.

Quang Tran
Quang Tran
FleetWorks

Company Launches

TL;DR:

FleetWorks helps freight operators focus on high-value work by automating routine calls and emails. Our AI-powered platform can leverage email or use a human-like voice to make tracking calls, cover loads, and reschedule appointments.

Hi everyone, we are Paul and Quang - we’re on a mission to help freight brokers and forwarders become more efficient

❌ The Problem:

Getting freight from point A to point B is still largely handled by humans. Digitized brokers have driven automation, but most day-to-day operations are still handled over phone and email between millions of humans around the world. Given this overhead, freight brokerages operate on low single-digit margins.

Three roles in a freight brokerage spend a significant part of their day on repetitive tasks:

  1. Track and trace agents → Identify loads that are not being tracked automatically via apps, telematics, or aggregators. They reach out via phone or email to the driver or dispatcher for an update.
  2. Load coverage and carrier sales → Handle inbound/outbound calls to/from trucking companies that are interested to book loads. Information like weight, commodity, and appointment time is shared. Then the parties negotiate on price.
  3. Appointment schedulers → Set appointment times for unscheduled loads by calling or emailing facilities, or logging into customer portals. Due to unforeseen issues, 20-30% of appointments need to be rescheduled at the last minute resulting in even more work.

To illustrate this from a trucking company point of view, below is a short video that shows a dispatcher calling various brokers:

https://youtu.be/5KzBipLvH3c

✨ Our Solution:

FleetWorks sits alongside a broker’s phone, email, and transportation management system (TMS). Calls and emails can be triggered automatically or manually, and relevant information is automatically pushed to the TMS or email for operators to take action.

FleetWorks can automatically

  1. Book loads: Share load details, discuss price, and book the carrier.
  2. Track loads: Call the driver and update the account team on issues.
  3. Schedule appointments: Email or call facilities that don’t have a booking portal.

💲 The Opportunity:

There are 150 large brokers in the U.S. (>$100M gross revenue) and they are taking share from small brokers. These brokers alone spend $11B on operational headcount and 70% of headcount is involved in repetitive work.

These operators conduct 1 billion phone calls per year to manage load execution. Today, these calls cost $5-15 depending on complexity. At a rate of $1 per successful call (10x cheaper than the status quo), we believe our near-term market opportunity is $1B.

Given the $11B of spend on operational headcount, FleetWorks provides significant margin expansion for our customers.

🙏 Our ask:

If you or anyone you know works in freight transportation, drop us a note at founders@fleetworks.ai. We’d love to learn more about the operation!