Plus, a cabless autonomous truck just raised $24M, non-domiciled CDLs rules need clarifying, CSX posts a 26% profit jump while watching the UP-NS merger closely, and more in today's newsletter.
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ICYMI: FreightCaviar is travelling across the U.S. Here's what the first three weeks have looked like: Sponsor meetups, subscriber photo shoots, premieres, truck stops, Elk Grove to Phoenix, and more. FOMO starts now.
Hear how Pallet's founder uses AI to solve real-world logistics problems, automating documents and back-office tasks to create a more efficient supply chain. Plus: Our Carrier of the Week!
In this edition of the Tuesday Spotlight, catch the newest FreightCaviar Podcast, featuring our Carrier of the Week.
This edition: we sit down with Sushanth Raman, CEO and Founder at Pallet, an AI-driven logistics management system.
Sushanth Raman's journey into the world of freight was anything but conventional, driven by a lifelong philosophy of seeking out overlooked opportunities and embracing discomfort. This mindset took root early; in fifth grade, he chose to attend a military boarding school in India, a decision that instilled in him immense discipline and resilience.
Growing up, he watched his grandparents' struggle with inefficiencies in their food distribution business. Later, while working at Retool, a company that helped businesses automate workflows, he realized that even the most advanced companies were dragged down by outdated processes.
Recognizing a massive opportunity to build digital products for the real world, at just 20-something, Sushanth launched Pallet with a clear vision: to automate tedious back-office workflows in logistics through cutting-edge AI.
And that vision is paying off. The company recently secured $27M Series B led by General Catalyst.
Here’s What We’re Covering in This Episode:
Here's what Sushanth had to say on success:
"Always go to places that others are not looking and pick the path of most discomfort."
This week's episode is brought to you by Epay Manager, Highway, and GenLogs.
Listen to the episode on Apple Podcasts or Spotify. Watch the interview on YouTube.
You’re in control of your back-office with Epay Manager.
For over 20 years, Epay has provided best-in-class automation, invoicing, and payments solutions to freight brokerages.
One thing they wish more brokers understood:
We wish more brokers understood that not all carriers are out here chasing quick loads, we want to build long-term partnerships. We’re looking for consistency, good communication and stability, always.
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ICYMI: FreightCaviar is travelling across the U.S. Here's what the first three weeks have looked like: Sponsor meetups, subscriber photo shoots, premieres, truck stops, Elk Grove to Phoenix, and more. FOMO starts now.
Plus, the offshore dispatchers your safety score can't catch, why Hormuz stays closed even after the war ends, what Triumph Financial's invoice volumes say about where freight is headed, and more.
"I think some TMS's are failing because they don’t understand what brokers do every day."
Plus, USPS gives non-domiciled CDL carriers an 11-day deadline, the spot-to-contract spread starts squeezing 3PLs, Knight-Swift trims its Q1 guide but stays bullish, and more.
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