Black-Owned Trucking Company Achieves $4M Revenue in Just Three Years

About Fleeting

Fleeting is a trucking and fleet management services company owned by Black entrepreneurs. Its mission is to enhance the commercial freight sector by utilizing technology to connect truck owners, drivers, shippers, and brokers.

Pierre Laguerre, Founder of Fleeting

Recent Investment

In May 2021, Fleeting, located in Brooklyn, NY, secured a seed investment of $500,000 from NBA star Kyrie Irving, who is also the founder of KAI 11 Consulting, alongside venture capital firm Lockstep Ventures.

Support from Investors

Marcus Glover, co-founder of Lockstep Ventures and a mentor to founder Pierre Laguerre, expressed his support by stating, “Back when Pierre began Fleeting, it was an obvious choice for me to invest. He is an innovative leader addressing long-standing gaps in the trucking industry, especially focusing on underrepresented groups like women and individuals who have been incarcerated.”

Insights from the Founder

In a recent interview, Pierre Laguerre discussed various topics including:

His initial experiences driving trucks in his early career.
The inspiration behind starting his own logistics company.
His perspective on the trucking industry’s current state and its future.
The key challenges faced by the industry and how Fleeting aims to tackle them.
His drive to assist disadvantaged individuals, including those who are formerly incarcerated, in obtaining a commercial driver’s license (CDL).