Episode 272: Better Systems, Better Trucking, Happy Drivers - How aifleet is Humanizing and Enhancing Ground Freight Movement
Marc El Khoury, the visionary founder of aifleet, is transforming the trucking industry with a focus on enhanced driver utilization and technological innovation. With roots in management consulting and a discovered passion for trucking, Marc has steered airfleet to an impressive annual growth rate of 75% to 100%. The trucking industry is highly fragmented and working conditions are often unfavorable to drivers. Did you know that: There are over 500,000 trucking companies in the US. The average trucking company has four trucks. 90 percent of trucking companies have under 10 trucks. The largest trucking company has about 1 percent market share. Marc’s strategic direction emphasizes investment in technology to improve scalability and efficiency, a vision further empowered by a successful Series B funding round. This financial milestone has bolstered aifleet technological advancements and reinforced its reputation as a top workplace, where office employees and drivers find meaningful engagement and growth opportunities. Highlights of our conversation: - Marc’s commitment to elevating the trucking industry through the strategic use of technology and optimization to provide customers with efficient and dependable freight services and ensure more consistent income for drivers. - The importance of building a driver centric company and why aifleet drivers are full time employees. - Leveraging AI and automation, aifleet seeks to eradicate biases in load assignments and ensure equitable treatment for all drivers. - aifleet places a strong emphasis on sustainability by actively working towards reducing emissions and enabling drivers to cover more miles in a highly efficient manner. - The company has demonstrated substantial growth, achieving impressive annual increases in revenue and successfully completing a Series B fundraising round. - Recognizing the significance of cultural fit, aifleet prioritizes hiring individuals who align with the company's mission, fostering a cohesive workplace culture essential for long-term success. Marc El Khoury is the CEO and co-founder of aifleet, a tech-driven trucking company. Powered by our proprietary ai technology, we optimize plans for higher revenue so we can optimize the experience for our hard-working drivers and rebuild the industry to benefit people, the planet, and our economy. Prior to aifleet, Marc served as Chief Strategy Officer at US Xpress, and Principal at Kearney, a management consulting firm. He holds an MBA from NYU Stern, a MS in Engineering from UC Berkeley, and a Bachelors of Engineering from the American University of Beirut. Connect with Marc: Website: https://aifleet.com/ LinkedIn: https://www.linkedin.com/in/marc-el-khoury-a59b111/ Connect with Allison: Feedspot has named Disruptive CEO Nation as one of the Top 25 CEO Podcasts on the web and it is ranked the number 10 CEO podcast to listen to in 2024! https://podcasts.feedspot.com/ceo_podcasts/ LinkedIn: https://www.linkedin.com/in/allisonsummerschicago/ Website: https://www.disruptiveceonation.com/ Twitter: @DisruptiveCEO #CEO #brand #startup #startupstory #founder #business #businesspodcast #podcast Learn more about your ad choices. Visit megaphone.fm/adchoices
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