NEXT Trucking

NEXT Trucking

Tech-enabled logistics and freight marketplace

About

NEXT Trucking provides a logistics solution that combines a freight marketplace with its own fleet of drivers and partnerships. The company offers services such as Drayage, OTR trucking, and transloading, catering to shippers, carriers, and dispatchers. By utilizing a tech-enabled platform, NEXT connects shippers with carriers efficiently, reducing costs and time in cargo movement. This approach sets NEXT apart from competitors by enhancing operational efficiency and delivering significant savings for shippers while increasing revenue for carriers. The goal of NEXT Trucking is to optimize the transportation of goods and contribute to the growth of the logistics industry.

Company Stage

Acquired

Employees

201-500

Industries

Data & Analytics, Automotive & Transportation

Total Funding

$120.9M

Headquarters

N/A

Founded

2015


Simplify Jobs

Simplify's Take

What believers are saying

  • The merger with CDL-1000 enhances NEXT's market share and resource pool, potentially leading to greater operational efficiencies and service offerings.
  • The company's continuous tech stack improvements, such as the Suggested Accessorials and Customizable Reports tools, demonstrate a commitment to innovation and operational excellence.
  • Significant leadership hires, including a new CEO and CTO, indicate a strong focus on strategic growth and technological advancement.

What critics are saying

  • The logistics and transportation market is highly competitive, and NEXT must continuously innovate to maintain its edge.
  • Integration challenges following the merger with CDL-1000 could lead to operational disruptions and affect service quality.

What makes NEXT Trucking unique

  • NEXT Trucking integrates a freight marketplace with its own fleet and strategic partnerships, offering a comprehensive end-to-end logistics solution unlike many competitors.
  • Their tech-enabled platform streamlines logistics operations, reducing time and cost for cargo movement, which is a significant advantage over traditional logistics companies.
  • NEXT's focus on Drayage, OTR, and transloading services allows them to cater to a wide range of logistics needs, setting them apart from companies that specialize in only one area.

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Growth & Insights
Headcount

6 month growth

-7%

1 year growth

-2%

2 year growth

-7%

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