About Baton Trucking
Baton Trucking improves the freight industry by reducing detention time, which is the waiting period for drivers to load or unload cargo. The company sets up trailer pools at drop zones, allowing drivers to quickly drop off and pick up trailers, spending only about 15 minutes in the city. This system enhances driver productivity and ensures timely deliveries, with a 98.2% on-time performance rate. Baton serves freight carriers, shippers, brokers, and end customers, aiming to streamline operations and save money for all parties involved.
San Francisco, CaliforniaHeadquarters
2019Year Founded
$13.4MTotal Funding
SERIES_ACompany Stage
Automotive & TransportationIndustries
11-50Employees
Benefits
Health Insurance
Dental Insurance
Vision Insurance
401(k) Retirement Plan
401(k) Company Match
Employee Stock Purchase Plan
Hybrid Work Options
Performance Bonus
Risks
Competition from Uber Freight focusing on design and technology improvements.
Potential brand confusion with another startup named Baton in the music industry.
Challenges in scaling operations to new cities with logistical and regulatory hurdles.
Differentiation
Baton's AI platform reduces detention time, boosting driver productivity and satisfaction.
Strategically located drop zones minimize city time, enhancing on-time delivery rates.
Baton's trailer pools offer a unique solution to reduce empty miles and fuel waste.
Upsides
Increased adoption of telematics and IoT enhances real-time tracking and efficiency.
Rise of electric trucks offers cost savings and environmental benefits for logistics.
Collaborative logistics platforms align with Baton's mission to eliminate waste.
Funding
Total raised$13.42 M
Latest valuation$50.00 M
StageSERIES_A
SERIES A
2/28/2021$10
$50.00 M