Financials

Estimates*

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Revenues, earnings & profits over time
USD201820192020
Revenues11.8m24.0m24.0m
% growth-103 %-
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DateInvestorsAmountRound
-

N/A

-

$160k

Seed

$1.1m

Seed

$5.0m

Series A
*

$21.0m

Series B
*

$97.0m

Series C
*

N/A

-
*

N/A

Acquisition
Total FundingAUD192m

Recent News about Next Trucking

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More about Next Truckinginfo icon
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NEXT Trucking is a modern logistics startup that aims to revolutionize the shipping and logistics industry. The company provides an end-to-end logistics solution that integrates a freight marketplace with its own fleet of company drivers and strategic partnerships. This combination allows NEXT to offer a comprehensive suite of services, including Drayage (short-distance transportation of goods), OTR (over-the-road long-haul trucking), and transloading (transferring goods from one mode of transportation to another).

NEXT serves a diverse range of clients, including shippers (companies that need to transport goods), carriers (trucking companies that move the goods), and dispatchers (individuals who coordinate the transport). The company operates in the logistics and transportation market, which is a critical sector that powers 10% of the global economy.

The business model of NEXT is built around leveraging technology to streamline logistics operations. By using a tech-enabled platform, NEXT connects shippers with carriers more efficiently, reducing the time and cost associated with moving cargo. The company makes money by charging fees for its services, which include matching shippers with carriers, providing transportation solutions, and offering value-added services like transloading.

NEXT has demonstrated significant impact in the logistics industry, boasting impressive metrics such as billions of dollars in cargo moved, substantial savings on freight fees for shippers, and notable increases in revenue for carriers. The company's innovative approach not only enhances operational efficiency but also contributes to the overall growth and profitability of its clients.

In summary, NEXT Trucking is a forward-thinking logistics company that uses technology to optimize the transportation of goods, serving shippers, carriers, and dispatchers in the logistics market. Its business model focuses on creating value through efficient cargo movement and strategic partnerships.

Keywords: logistics, shipping, freight marketplace, Drayage, OTR, transloading, tech-enabled, cargo, transportation, efficiency.

Tech stack

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Tech stackLearn more about the technologies and tools that this company uses.