Amkaram Chandani
👤 SpeakerAppearances Over Time
Podcast Appearances
One is a spot market where you actually go on the load mode and get the loads.
Other one is the contracted rates.
You can make the gross revenue anywhere from $12,000 to $25,000.
And when COVID hit, it was like even going up to $30,000 a month.
Yeah.
My office was in Atlanta, but they were going all across the US.
They were my employees.
So there are brokers and they're called the freight brokers.
They're the top three.
J.B.
Hunt, then TQL, then C.H.
Robinson.
Yeah.
So I was leasing most of my trucks and only own few trucks because leasing, I have to, you know, not worry about the maintenance and truck, you know, repairs and everything.
A leasing company takes care of those.
So it's normally the EBITDA, three to five times of EBITDA.
Okay.
That is correct.
Yeah, because I wanted to focus on the technology because I found...
there's a gap there and this can scale because I cannot scale my trucking company to a thousand trucks, right?