DAN LEWIS

We raised 900 million dollars to fix trucking. It turns out trucking breaks you before you fix it.

Jeff Bezos invested personally. When Bezos backs your logistics company you think you have figured it out. We had not.

Thirty-five percent of trucks drive empty. That is the problem we tried to solve. The freight recession solved it differently.

Software cannot protect you from a freight recession. When there is nothing to carry the algorithm does not matter.

We sold the technology to Flexport. At least something survived.

Nine hundred million dollars and 500 employees. Gone in a week. That is how fast it happens in logistics.