22:33
The $90,000 Trailer Sitting Idle: Todd Waldron on Trailer Sharing
with Todd Waldron
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The $90,000 Trailer Sitting Idle: Todd Waldron on Trailer Sharing
Todd Waldron, Chief Commercial Officer at REPOWR, joins host Kevin Carpenter to break down the trailer sharing marketplace that has moved more than 60,000 trailers across 10,000+ carriers and 275 suppliers. A dry van now runs about $50,000 and a reefer up to $90,000, yet the average trailer spends 30 to 40 percent of its life empty or idle. REPOWR lets fleets relocate trailers by renting them out instead of paying a driver to go out of route, and gives carriers and shippers access to equipment right where they need it.
Kevin asks the expedite question: how fast can you actually reposition a trailer? Todd walks through short run pricing, the new loadaway product and a realistic five to seven day window. They also get into trailer tracking, fraud and the guardrails owners set over who hauls their equipment, when owning still beats renting, and how REPOWR's trailer optimization platform balances trailer pools automatically. Then Todd takes on the On Air Gauntlet, and pickles do not fare well.
Todd has 19 years in transportation, including CH Robinson, JB Hunt (where he helped build JB Hunt 360), CEO of Q Carriers, and VP of Carrier Experience at Truckstop.
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