NRF’s magazine, STORES, interviews Drew McElroy, CEO and co-founder of Transfix, on how technology is helping resolve freight challenges. Read the full article here.

“It may be true that there are not enough trucks in the United States,” he says. “But 25-35 percent of the drivers’ time is being wasted. Either they’re sitting and waiting, or worse, they’re empty. Before we say there’s a shortage of trucks, why don’t we get a better utilization of the trucks that exist? It’s like saying the heat is not working because it’s so cold, but the window is open. Let’s close the window.”

— Drew McElroy, CEO & Co-founder of Transfix
Transfix accelerates into the fast lane with plans to go public via merger with G Squared Ascend I, Inc. (NYSE: GSQD).
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