REPOWR

Unlocking hidden capacity with Repowr — Taking the Hire Road

On a recent episode of Taking the Hire Road, Jeremy Reymer was joined by Spencer Ware, co-founder and CEO of Repowr, and Patrick Visintainer, co-founder and COO of Repowr, to talk about asset underutilization and it’s impact on the freight industry. The co-founders also shared some of the experiences that led to the creation of their on-demand trailer reservation platform.

It’s not easy starting a company from scratch, and for Visintainer, an important part of handling the challenges is...

https://www.freightwaves.com/news/unlocking-hidden-capacity-with-repowr-taking-the-hire-road

Trailer pooling gains more interest in Repowr’s $8M Series A raise

An important rule of trucking is to keep your assets active. 

Now with the help of logistics platforms, like Repowr, if you can’t keep them active, there are marketplaces that will do that for you.

Repowr’s strategy of building an equipment network of trucks and trailers is taking off, and investors are beginning to catch wind of it.

On Wednesday, Repowr announced it had closed an $8 million Series A round led by transportation venture capital firm UP.Partners with participation from industry...

https://www.freightwaves.com/news/trailer-pooling-gains-more-interest-in-repowrs-8m-series-a-raise

Short-term rentals give carriers the flexibility to survive downturns

The transportation and logistics industry is rife with unpredictability, and shifting market conditions can cause a company’s equipment needs to change dramatically from one moment to the next. Buying or leasing equipment to meet surging demand can backfire once the market cools off and the carrier is stuck with the payment. 

Now, there is a way for carriers to take advantage of additional revenue opportunities without permanently expanding their fleet or getting locked into a lease. Industry...

https://www.freightwaves.com/news/short-term-rentals-give-carriers-the-flexibility-to-survive-downturns

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