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NEXT Trucking
Making freight trucking easier
- 201-500 employees
- B2B
- Enterprise
- Logistics
- Freight
- El Segundo, CA
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Company mission
To improve the way freight gets shipped and trucked.
-4% employee growth in 12 months
Our take
NEXT Trucking is a system aimed at logistics and freight companies to help them better manage their fleet of vehicles. It is a trucker-centric marketplace that connects shippers with small truckers, particularly in and around ports. NEXT Trucking predicts that there is around $60B to be saved on this element of freight movement alone.
Founded by Lidia Yan, an entrepreneur who experienced the issues within the trucking industry firsthand, NEXT Trucking is applying technology to a complex problem. They have already helped move over $50 billion in cargo and have attracted global brands such as Sharp, Hitachi, and Hisense. During the movement of goods, a series of actors need to perform a specific function for the whole chain to succeed. Shippers often don't know where their product is at any one time, and the longer the process takes, the more it costs the shipper.
With logistics powering 10% of the world's economy, there's never been a more critical time for better management. Over the last few years, challenges brought on by the pandemic have meant that stakeholders need better ways to manage the movement of goods and troubleshoot problem areas. NEXT Trucking's platform and mobile app hope to provide the solution.
Steph
Company Specialist at Welcome to the Jungle
Benefits
- Snacks and Swag sent directly to your location
- Laptop provided on your first day plus whatever tools you need to do your job
- Generous paid time-off policy to fit your lifestyle and schedule
- Comprehensive coverage for medical, dental and vision with 401k match
Company values
- Customer Obsession: NEXT Trucking is dedicated to providing exceptional service to its customers, going above and beyond to meet their needs and exceed their expectations
- Innovation: NEXT Trucking encourages its employees to think outside the box and come up with creative solutions to industry challenges, driving innovation and progress
- Collaboration: Teamwork is essential to NEXT Trucking's success, fostering a collaborative environment where employees work together to achieve common goals
- Integrity: NEXT Trucking values honesty and transparency in all its business dealings, building trust and credibility with its customers and partners
- Continuous Improvement: NEXT Trucking is committed to constantly improving its operations and services, seeking out new ways to enhance efficiency and effectiveness
Funding (last 2 of 5 rounds)
Jan 2019
$97m
SERIES C
Jan 2018
$21m
SERIES B
Total funding: $124.3m
Leadership
Lidia Yan
(Co-founder)Having studied at the University of Southern California, Lidia worked as a PR Specialist at interTrend before founding 9luxe.com and serving as MD of LAmade. They left their role at Newegg.com to co-found NEXT Trucking in June 2015.
Elton Chung
(Co-founder)Elton started their career at JPMorgan Chase and Citi for a combined 6 years before working in Logistical positions at Megatrans, Veeco West, and IDC Logistics. They used this experience to co-found NEXT Trucking in 2015.