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The Idea * USA - A $6 million cargo cult
A Web site that taking advantage of all the empty trucks on the road?
TX,USA -CNN Money, by Jennifer Alsever -January 7, 2010: ... Inspiration hit Chasen, 34, like a Mack truck. Why not create a sort of eBay for shipping, a Web site that would make the process cheaper and more efficient by taking advantage of all the empty trucks on the road?... Chasen's wife told him it was the dumbest idea in the world. Undeterred, he brought the concept to McCombs Business School at The University of Texas, where two of his classmates -- Jay Manickam and Mickey Millsap -- later joined him as co-founders of uShip. In 2004, they launched the site, which solicits shipping requests from the public and lets freight companies with extra space bid for jobs. UShip earns a 10% transaction fee for each delivery... Since uShip launched six years ago, shippers have paid more than $125 million for services brokered by the company. Nearly 900,000 listings have been posted to the Web site, attracting bids from tens of thousands of transport companies... (Photo: UShip founder Matt Chasen)
Labels: trucking ideas
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