Freight Forwarding
topic on 3 shows · 5 statements across 3 episodes
the Y Combinator Startup Podcast 
the Official SaaStr Podcast 
Big Technology
5 statements about Freight Forwarding, every show
Petersen: Largest freight forwarder holds only 3% to 4% market share
“The largest freight forwarders in the world are worth 30 to fifty billion dollars, depending on the year of what Wall Street's, how Wall Street's valuing them and the biggest one has three or four percent market share, and that's just in freight forwarding.”
Door-to-door freight shipments involve up to 18 distinct companies
“In that world, there's no company that can do it from door to door. So what you actually have to do to solve this problem is get as many as we've got, I've seen shipments with 18 companies involved.”
Traditional freight forwarding is just inefficient email forwarding of unstructured PDFs
“In the old world, it's a relay race of unstructured data. It should be called, we call it freight forwarding is the name of our industry. It should be called freight email forwarding. And because it's just a human looks at this PDF and says who else needs to k…”
Petersen: No single company is large enough to own end-to-end freight
“In the freight world, because of the size, there's no company big enough to keep it in their own network from door to door. You would actually have to be the biggest company in the world by far.”
Petersen: Academic research ranked freight forwarding as most susceptible to automation
“There's a great paper that I read about industries that are most susceptible to automation. And freight forwarding was the number one on the list. It was like, 99% of the work should be, that would be better done by software in this, like, academic paper.”