PROJECT OVERVIEW
TRUCKING IS 100 YEARS OLD... NOT MUCH HAS CHANGED.
Addressing the Problems for an $800 Billion Industry.
Substantial Driver Shortage Unsafe & Illegal Truck Parking Rapidly Increasing Costs Growing Tra ic Congestion Rising Carbon Emissions
THE EVOLUTION OF TRUCKING
In The United States of America
The Federal Interstate High- way System , as the largest public works project in U.S. history, was signed by Presi- dent Eisenhower that added more the 40,000 miles of Interstate Highways.
The ELD Mandate is a federal government rule that requires truck drivers to use electronic logging devices (ELDs) to record Hours-of-Service. While designed to promote safety and regulation compliance, it has had a major deteriorating effect on driver productivity.
The Motor Carrier Act of 1980, also known as 'deregulation', removed federal entry controls in interstate trucking which made the industry substantially more competitive and increased the total number of trucking companies in operation.
MODERN U.S. FREIGHT RELAY TERMINAL NETWORK INFRASTRUCTURE
1980
2015
2025
1956
ILLEGAL TRUCK PARKING EPIDEMIC
1,000,000+ TRUCKS ON THE ROAD PER DAY
312,962 PUBLIC & PRIVATE SPACES
702,092 ILLEGAL & UNSAFE PARKING
On any given night in America there are over 1,000,000 drivers hauling freight. Between the hours-of-service restrictions and the limited availability of spaces, drivers are often forced to the side-streets and o -ramps. They face this daily stress, often with no services, amenities or security.
United States Department of Transportation Bureau of Transportation Statistics (2019)
HEADLINES SPEAK VOLUMES
More than half of truck drivers park illegally at least three times a week , according to the American Trucking Associations.
“The Minnesota Trucking Association is extremely disappointed with the action of the Minneapolis City Council, It not only bans on-street parking for commercial trucks but it provides no meaningful city resources to address the need for safe truck parking.”
TRUCKING'S ANNUAL CONGESTION COSTS TOP $94.6 BILLION
AMERICA’S COST OF CONGESTION The typical U.S. automobile driver lost 51 hours to congestion and all that time wasted in traffic jams cost the average American driver $869* per year. IN ADDITION TO FINANCIAL COSTS...
NORTH EAST +18.4%
MIDWEST +20.9%
WEST +45%
SOUTH EAST +32.3%
Higher Frequency of Accidents Hospitalizations Loss of Life Emotional Distress Traffic is a HUGE PROBLEM
SOUTH CENTRAL +12.9%
*2022 Global Traffic Scorecard.
American Transportation Research Institute
CLASS 8 TRUCKS GENERATE 25% OF ALL U.S. TRANSPORTATION EMISSIONS A PROBLEM MADE WORSE BY
THESE CONTRIBUTING FACTORS The average truck spends one hour per day in peak tra ic searching for parking. 35 % of trucks on the road are hauling empty trailers (deadhead). As a stand-alone solution, electric trucks cannot solve the problem because of their limited range of travel and prohibitive cost.
At Most Carriers CURRENT DRIVER SHORTAGE EXCEEDS 100,000
Based on current trends, the driver shortage could surpass 160,000 in 2030. Over the next decade, the industry will have to recruit nearly 1,000,000 new drivers.
TRUCK DRIVER SHORTAGE
Estimates provided by research from the American Trucking Association.
WHY IS THERE A SHORTAGE?
+60% of Young People Won’t Accept the Lifestyle
Driver Pool is Retiring Average Age is 54
Only 7% of Drivers Are Female
70% of drivers change companies every year $20 average hourly pay is only 45% average driver wastes of work day on unpaid activity
WHAT’S DRIVING THE SHORTAGE? Time (weeks) Spent Away from Home Poor Lifestyle & Lack of Services Safety & Security Concerns Tra ic Congestion & Scheduling Problems Daily Stress of Searching for Parking Unpaid Deadhead, Detention & Dwell Time
THE UNTAPPED MARKETS FOR NEW TRUCK DRIVERS
reasons to drive
GENDER DISRESPECT PERSONAL SAFETY CONCERNS TIME AWAY FROM FAMILY career concerns
CAREER INDEPENDENCE FLEXIBILE SCHEDULE BETTER PAY / EQUAL TO MEN
A LOVE OF DRIVING ADVENTURE / TOUR AMERICA STABLE CAREER PATH reasons to drive
WORK/LIFE IMBALANCE OCCUPATIONAL STIGMA POOR WORKING CONDITIONS career concerns
LineHaul Station is America’s first Shared-Space Terminal Network that offers secure dedicated parking, fleet services , and a spectacular private drivers club .
LineHaul Express is an asset-based, power-only transportation provider offering freight relay services that hauls trailers for all carriers, private fleets & shippers.
USDOT XXXXXXXX
A NEW SOLUTION
FLEXIBLE FAMILY FRIENDLY WORK SHIFTS SIGNIFICANTLY HIGHER COMPENSATION AT HOME EVERY SINGLE DAY FREIGHT RELAY / NO MULTI DAY TRIPS
CULTURE OF RESPECT & DIGNITY EXCEPTIONAL DRIVER AMENITIES SAFE & SECURE FACILITIES A NEW IMAGE FOR TRUCK DRIVERS
SIMPLE OBJECTIVES
FASTER - Speed of Freight Delivery
Customer Service to Shippers Work Conditions for Drivers
BETTER -
CHEAPER - Cost of Trucking
NATIONAL FULL-SERVICE, SHARED-SPACE TERMINAL & RELAY NETWORK
Member-Only Terminal with Gated Entry Professionally Sta ed 24/7 Fenced Perimeter w/ Video Surveillance Nearly 1,000 Reserved Tractor / Trailer Spaces Extra-Wide Drive Lanes & Parking Spaces Shorepower Equipped Connections Multi-Bay Fleet Services & Truck Wash Private Driver's Club With Impressive Amenities Emergency Underground Storm Shelter Cross-Dock & Freight Crane Beautiful Landscaping & Lighting
50 Acre Regional Hubs 1,035 Tractor/Trailer/Flex Spaces High Security & Surveillance Cross-Dock Building Full-Service Repair Shop Truck Wash Private Drivers Club
CURRENT EXPECTED
HOME TERMINAL SATELLITE TERMINAL ROUTINE / DOT INSPECTIONS REPAIR & MAINTENANCE FUEL & TRUCK WASH 10/34 IN TRANSIT PARKING FREIGHT CRANE & CROSS DOCK TRAILER DROP / JUST IN TIME STAGING POWER ONLY FREIGHT RELAY AUTONOMOUS TRUCKS ELECTRIC TRUCKS HYDROGEN TRUCKS CNG / E HYBRID TRUCKS
Truck driving has long been a difficult and dangerous career option. Times have changed and most new driver candidates won’t accept those conditions. The Chrome Club creates an compelling enviromnent that specifically caters to the demands of a new generation of drivers. It is a private drivers club that has no comparison. Creating a More Appealing Career
Sports Lounge & Fireplace Skydeck & Firepits Apparel & Gear Shop Private Meeting Room Vintage Barbershop
AMENITIES
Members-Only Club Rotisserie Craft Kitchen Co ee, Cold Beverage & Juice Bar Open-Air Dining Experience Grab-and-Go Snacks
DINING
ENTERTAINMENT
Billiards & Game Tables Cornhole Courts
Virtual Trap & Skeet Digital Gamers Den Driving & Flying Simulators
Fitness Studio Magnificent Locker Rooms
Private Shower Suites Heated Towel Service Urgent Care
HEALTH & WELLNESS
Keep The Wheels Rolling
Small, independent repair shops across the U.S. face a myriad of challenges and the principal objective of LineHaul Station is to consistently provide the highest level of expertise and service across the entire terminal network.
Inspections
Maintenance
Truck Wash
Cross Dock
The Fleet Services team will be staffed with veteran service managers and top-notch technicians to ensure that inspection, maintenance and repair is done right the first time. Avoiding breakdown maintains dependable on-time delivery.
A National, Member-Only Shared-Space Terminal Network that delivers critical fleet services and driver amenities in dozens of locations across the country to truckload carriers of all sizes. This Universal Network also enables a Freight Relay System that e iciently operates like a Modern-Day Pony Express to Increase Asset Utilization, Reduce Transportation Costs, and Optimize Speed of Delivery.
Seattle
Portland
Butte
Dickinson
Minneapolis
Detroit
Cleveland
Salt Lake City
Carlisle
San Francisco
Philadelphia
Chicago
Omaha
Denver
Indianapolis
Kansas City
Richmond
Las Vegas
St. Louis
Kingman
Los Angeles
Knoxville
Charlotte
Albuquerque
Oklahoma City
Memphis
Willmington
Phoenix
Atlanta
Birmingham
Dallas
El Paso
New Orleans
Houston
San Antonio
Tampa
Laredo
CONNECTING MAJOR MARKETS WITH 50+ HUBS
RELAY IS A GAME CHANGER
...and as recent as 30 years ago, it was not uncommon for a truck driver to "Run the Wheels Off the Truck" and log 160,000 to 200,000+ miles per year. Over time, the industry endured increased federal regulation and the average annual miles driven continued to drop precipitiously. By 2010, the average had dropped to 105,000 miles per year and then another 25% decrease by 2023 to only 80,000 miles per year. Concurrently, the cost of trucks and trailers kept rising. The net effect is staggering low asset utilization coupled with more expensive equipment that results in an overall HIGHER COST PER MILE.
UP TO 25% LOWER COST
$2.91 CPM AVG. CARRIER COST
6.5 HOURS @ 50 MPH
17.3 HOURS @ 58 MPH
80,159 ANNUAL MILES
300,000+ EXPECTED ANNUAL MILES
VS.
SOLO
RELAY
329 MILES X 243 DAYS
1,000 MILES X 300 DAYS
SLIP SEAT 2 SHIFTS PER DAY
10/34 HOS FEDERAL RESTRICTION
HOW IT WORKS
MOST MAJOR MARKETS INTERCONNECTED SYSTEM Multiple Hubs per City - Primary Interstates 650 Trucks per Hub Roll Twice a Day 1,300 Outbound / 1,300 Inbound Loads Per Day
DALLAS
MEMPHIS
LOCAL P & D
LOCAL P & D
RELAY YARD
HUB
HUB
SOLVING INDUSTRY PROBLEMS
DRIVER TURNOVER $8,436/YEAR
PARKING SEARCH $63/DAY
ENGINE IDLING $35/NIGHT
BETTER DRIVER EXPERIENCE
PARK AT HOME HUB EVERY DAY
IDLING ELIMINATED
MINOR ACCIDENTS $4,389/YEAR
FREIGHT THEFT $214K/OCCURENCE
EXTRA WIDE PARKING & DRIVE LANES
SECURE, ACCESS CONTROLLED HUBS
MULTI-SHIFT RELAY OPERATION
JUST IN TIME LOCAL P&D
SHUTTLE FREIGHT DURING OFF-PEAK TRAFFIC
LOW ASSET UTILIZATION 6.5 HRS/DAY
DWELL & DETENTION $226/INCIDENT
CONGESTION $6,478/YEAR
BIG OPPORTUNITY FOR HUGE GROWTH
PLENTY OF FREIGHT TO GO AROUND There are dozens of major U.S. cities that have more than 20,000 truckloads of freight arriving or leaving the area every single day! The largest markets ship or receive between 40,000 - 90,000 loads per day. The LineHaul Express initial relay load activity level is planned for only 50 outbound loads per day for each regional hub with an expectation to grow load volume to 1,000 per day . At this rate, total market penetration will still be less than 2-4% for most markets.
DFW Metro Atlanta Houston Charlotte Memphis Columbus Indianapolis Harrisburg Cleveland Kansas City Tampa Bay Chicago
88,467 87,367 57,901 50,604 47,001 46,920 45,384 43,560 40,814 38,796 31,962 29,440 28,644 23,284 22,021
Nashville Knoxville
Minneapolis
HUB & SPOKE NETWORK
REGIONAL HUBS
URBAN DEPOTS
TOTAL LOCATIONS
RELAY STATIONS
3 5
9 6 9
11 13 10 18 16 68
23 24 23 38 35 143
PHASE I
PHASE II
4 6 5 23
PHASE III
Butte
14 14 52
PHASE IV
Portland
Minneapolis
PHASE V
Chicago
Cleveland
Salt Lake City
Carlisle
Indianapolis
Philadelphia
Denver
Wilmington
San Francisco
Las Vegas
Charlotte
Memphis
Dallas
Atlanta
San Antonio
New Orleans
Houston
Tampa
RELAY IN ACTION
BE PART OF SOMETHING BIG
URBAN CITIES WIN! Reduce Urban Truck Congestion Enable Electric Vehicles for Local P&D Less Noise & Fewer Emissions More E icient Logistics Infrastructure Job Creation for Local Drivers & Support Team
SUBURBAN/RURAL CITIES WIN! Relay Hub Development (50 Acres = 2,600 Loads Per Day) Job Creation - LineHaul/Relay Drivers Supports Growth for New Industrial Development
TRUCK DRIVERS WIN! Career Path Becomes More Appealing to All Candidates Safe & Secure Dedicated Parking Be er Compensation Structure Home Every Day (no more long weeks on the road)
FEDERAL & STATE GOVT. WINS! Privately Funded Truck Parking Solution
Be er Rested Drivers = Safer Roads Fewer Hours-of-Service Violations Drive Decarbonization E orts
AMERICAN INDUSTRY WINS! Reduces Detention & Dwell Reduces Cargo Theft 25% Freight Cost Reduction Faster Speed of Delivery
AMERICA’S ENVIRONMENT WINS!
Enabling Electric Trucks Eliminating Deadhead Miles Less Engine Idling (Shorepower) Reduced Detention & Dwell
LEADERSHIP
BOARD ADVISORS
JEFF SWENSON Founder & CEO
JOHN LARKIN Senior Investment Partner VENTURE 53
JOHN WILBUR
Je is a seasoned entrepreneur who has held leadership roles in the planning, design, sales and construction of more than $2 billion worth of urban residential, commercial & logistics-related real estate development over the past 40 years. The portfolio includes a diverse mix of unique projects that all have a common theme of enhanc- ing the experience of people and companies in how they live, work and play.
Senior Vice President Merger & Acquisitions DASEKE INC.
CRAIG HUGHES
Chairman TOTAL TRANSIT INC
IT'S TIME TO RE THINK TRUCKING
“If I asked the public what they wanted, they would have said a faster horse.”
- HENRY FORD, FOUNDER OF THE FORD MOTOR COMPANY
THINK FORWARD. The enormous opportunity of building shared infrastructure for the highly fragmented and very lucrative trucking industry is unparalleled. Our member-only offering is one-of-a-kind and freight relay is a monumental paradigm shift to significantly greater efficiency.
FOR ADDITIONAL INFORMATION, PLEASE CONTACT
JEFF SWENSON Founder & CEO 602 428 2222 JS LINEHAULSTATION.COM
WWW.LINEHAULSTATION.COM
Although the information herein has been reviewed by the management of LineHaul Station, LLC, a Delaware limited liability company (the “Company”) and is believed to be accurate, the Company, as well as its managers, officers, members, and employees each expressly disclaims liability for and makes no express or implied representation or warranty with respect to, any information contained in or omitted from this Company overview, or any other written or oral communication transmitted in connection therewith. This Company overview also includes certain statements, estimates, assumptions and projections with respect to the Company’s future opportunities and its anticipated future performance. Such statements, estimates and projections reflect numerous assumptions concerning future events, none of which can be predicted with any assurance and many of which are outside the Company’s influence or control. Company reserves the right to change any terms and conditions. No representations or warranties, express or implied, are made as to the accuracy and completeness of any information contained in this Company overview, including, without limitation, any, estimates, assumptions or projections. There can be no assurance that management’s perceptions are accurate or that management’s projections can be realized or maintained. The sole purpose of this Company overview is to assist the recipient in deciding whether to proceed with further due diligence on the Company. You are expected to form your own opinions concerning the future operations of the Company based upon your independent investigations.
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