T

Trucksters

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Trucksters Company Market Research Report



Company Overview


  • Name: Trucksters

  • Mission: To transform the transportation industry and enhance the quality of life of drivers while making long-distance transport faster, safer, and more people-focused.

  • Founded: 2018

  • Founders:

  • Luis Bardají Izard - CEO & Co-founder

  • Ramón Castro - CPO & Co-founder

  • Gabor Balogh - Head of Growth & Co-founder

  • Key People:

  • Lucía Tajuelo - VP of Algorithms

  • Isabel Egea - Chief Financial Officer

  • José Lezáun - VP Operations Spain

  • Fernando Alonso Burgaz - Chief Strategy Officer

  • Headquarters:

  • Madrid, Spain

  • Additional offices in Germany and Poland

  • Number of Employees: 112

  • Revenue: Trucksters recorded a revenue of €30 million in 2022, marking a 300% increase from the previous year.

  • Known For: An innovative truck relay system based on Artificial Intelligence and Big Data, aiming at sustainable and driver-centric freight transport.


Products


  • Full Truck Load (FTL) Transport Services:

  • Description: Long-distance freight service using an innovative relay system.

  • Key Features:

  • Up to 2 times faster delivery due to optimized routing and relays.

  • Real-time tracking through a sensorized fleet.

  • Sustainability-focused with reduced CO2 emissions.

  • Enhanced safety through minimized transit stops and secured cargo handling.


  • Refrigerated Transport:

  • Description: Transport of perishable goods maintaining the cold chain integrity.

  • Key Features:

  • Fully sensorized fleets ensure consistent temperature control and monitoring.

  • Utilizes their exclusive relay system to decrease transit times across Europe.


  • Parcel Transportation:

  • Description: International parcel transport focused on efficiency and security.

  • Key Features:

  • Up to 2 times faster with fewer stops and optimized routes.

  • Sealed trailer doors for parcel safety.

  • Real-time tracking via their Customer Portal.


Recent Developments


  • Funding and Growth:

  • Closed a €33 million Series B round backed by Continental, Volvo Group, and the European Investment Bank (EIB).

  • Achieved a year-on-year growth of 3.5x, handling over 1,000 FTLs per month.


  • Technology and Sustainability Initiatives:

  • Introduction of electric trucks into their fleet with objectives to electrify routes by 2023.

  • New corridors opened, improving efficiency in freight transport times, notably UK-Spain routes.


  • New Partnerships and Offices:

  • Acquired 50 new trailers from German manufacturer Krone to support expansion.

  • Opened new international offices in Germany and Brussels to extend their reach in European markets.


Summary


Trucksters is a rapidly growing transport logistics company leveraging technology and a driver-centric model to disrupt the traditional trucking industry. With key initiatives towards sustainability, including route electrification and efficient relay models, Trucksters focuses on providing seamless, faster, and safer freight and parcel transportation across Europe. Their innovative models and successful funding rounds indicate a strong future trajectory aimed at scaling and improving global road freight logistics.