Truck Drivers
topic on 9 shows · 10 statements across 9 episodes
In Depth 
the Pitch 
American Optimist 
My First Million 
Top Founders 
How I Built This 
All-In 
20VC 
Capital Allocators
10 statements about Truck Drivers, every show
Sekar: Overcoming Frontline Tech Pushback Requires Leadership Examples and Incentive Sharing
“Oh, you know, what we did was we started by first putting it in the VP of safety's own car so they can see that we're doing it ourselves. And then we start by putting it on the five safest drivers cars, the absolute best ones. And invariably there is an accide…”
Puri: Autonomous vehicles will completely eliminate truck and ride-hail driving jobs
“The next one is labor, so right now there's three and a half million truck drivers alone, let alone all of the, like, Uber and taxi drivers, and you're just not gonna need that job.”
Trucking firms leave 45% of assets unutilized, spend $20K per hire
“For trucking companies, 45% of their assets are being unutilized, and they're spending between 15 K to 20 K directly or indirectly to hire a truck driver.”
Laguerre: Starting truck driver pay at carriers like UPS is around $18/hour
“So a starting rate for truck drivers is about 18 dollars per hour, and this is one of the largest carriers UPS, that's the starting rate.”
Jacobs: High-Performing Frontline Staff Made Up to 2x Competitors' Pay
“We have people who are truck drivers. We have people who are warehouse workers. We have people who are mid-level managers who make one and a half, two times they would have made it to competition, but it's because they were performing. Their safety records, wh…”
Urmson: Anyone driving a commercial truck today can still retire as one
“Now, my expectation is that if you're driving a truck today and you would like to retire as a truck driver, you're going to be able to. The shortage is that dire and the opportunity to kind of grow the freight market is, is real. And so I expect that, again, y…”
Mintz: US lacks 80,000 truck drivers with median age nearing 50
“We have 80,000 we're 80,000 truck drivers short. The median age of truck drivers in this country is approaching 50 years old.”
Petersen: Port night shifts fail because truckers and warehouses stay closed
“No, they do have a third ship, but nobody's showing up is the problem. So truck drivers don't work in the middle of the night. Warehouses aren't open in the middle of the night.”
Most commercial truck drivers did not own smartphones five years ago
“It's drivers didn't have, most drivers didn't have smartphones five years ago.”
Dan Lewis: Truck driver smartphone adoption in 2014 enabled Convoy's model
“With Convoy, timing was crucial, and the reason it's working really well is on the trucking side, in 2014, approximately 2015, drivers started getting smartphones with a data plan and GPS. And, you know, most of the U.S.-based phone carriers started offering t…”