The Logistics of Logistics The Transfix Story with Drew McElroy
Drew McElroy and Joe Lynch discuss the Transfix story. Drew is the Chairman and Co-Founder of Transfix, a market-leading, next-generation freight platform transforming the traditional and digital freight sector while bringing transparency, trust, and sustainability to the transportation ecosystem.
About Drew McElroyDrew McElroy is the Chairman and Co-Founder of Transfix. After seeding the idea of the first freight marketplace, Drew has helped Transfix mature from an industry upstart into Forbes' "Next Billion Dollar company. Prior to founding Transfix in 2013, Drew was the President of Priority Distribution Inc. (PDI), a mid-market transportation management and third-party logistics provider (3PL). He officially joined the company as Director of Business Development in May 2004 but had been working with his parents at PDI over the summer since he was 12. He helped the company scale from three people to 20 people, grew revenue by 4x, and was one of the first 3PL to work with SaaS and TMS solutions. Drew also previously served as the President of the New Jersey Roundtable of the Council of Supply Chain Management Professionals (CSCMP). He earned a Bachelor of Science in Management and International Business from the McDonough School of Business at Georgetown University. He currently resides in Manhattan.
About TransfixTransfix is a market-leading, next-generation freight platform transforming the traditional and digital freight sector while bringing transparency, trust, and sustainability to the transportation ecosystem. The company combines deep industry expertise and a world-class class carrier network with advanced technology. The result? Competitive pricing, superior service and reliability, and an intelligent platform designed to optimize the supply chain from start to finish. Today, some of the world's most recognized brands rely on Transfix's trusted carrier network. Transfix was named one of Forbes' "Next Billion-Dollar Startups" and is headquartered in the heart of New York City.
Key Takeaways: The Transfix Story- Drew McElroy is the Chairman and Co-Founder of Transfix, a market-leading, next-generation freight platform transforming the traditional and digital freight sector while bringing transparency, trust, and sustainability to the transportation ecosystem.
- In the podcast interview, Drew describes his personal entrepreneurial journey and the many challenges he and his Co-founder, Jonathan Salama have experienced since starting Transfix.
- Transfix is a leading freight marketplace connecting shippers to a national network of reliable carriers. Fortune 500 companies such as Anheuser-Busch, Unilever, and Target rely on Transfix to handle their most important FTL freight needs.
- With instant pricing tools, guaranteed capacity, data-driven insights, and reliable service, Transfix is changing the world of transportation one load at a time.
- Transfix's technology can quote thousands of loads in under a minute and manage the entire process from beginning to delivery-- saving shippers hours each day.
- Transfix was named one of Forbes' "Next Billion-Dollar Company" in 2018.