The TransRisk executive team has collectively managed over $40B in freight contracts and deeply understands the market volatility challenges within the trucking and logistics industry. Coupled with a team of veteran trading exchange and regulatory executives, the TransRisk team is creating a solution that solves for an unserved and highly addressable market need – trucking rate and capacity volatility.
Craig is a serial entrepreneur that has built two successful businesses that served the long-haul trucking industry. One was Xpress Direct, the surge capacity/on-demand provider of US Xpress. XD did $144MM in revenue within its second year of operation and based pricing completely on a proprietary spot market business model. The other, Transfund$/TransCard was a fleet card provider that provided long-haul trucking companies with fuel card payment services, combining GPS location and fraud analytics to prevent fuel-fraud. This business was sold to US Bank.
David is a Morgan Stanley veteran that spent a over decade trading, building businesses and managing a geographically dispersed team. David served as the Global Head of Morgan Stanley’s dry bulk commodities business, as well as Global Head of Coal. Prior to that, David was a Coal Trader for Sempra Energy and a Market Risk Analyst for RWE Supply & Trading GmbH.
Peter is an attorney with over a decade of financial services, derivatives, and technology regulation experience. He has worked with two AmLaw top 25 law firms, with two government agencies, both the Financial Crisis Inquiry Commission where he co-authored 4 chapters of the final book, and with the Commodity Futures Trading Commission during the rule writing of Dodd-Frank. He has also worked with multiple exchanges, financial services, and startup companies to apply and operate as regulated exchanges under CFTC jurisdiction. For the past five years, he has run a global legal FinTECH startup advising entities as to governance, regulatory risk, business strategy and modeling, and corporate compliance within the Dodd-Frank regulatory framework.
Ben is the former COO and founder of IDSC and Truckloadrate.com, the leading provider of truckload network optimization and provider of the largest rate indexes in the trucking industry. The company was sold to TMW Systems, the largest provider of trucking software and communications systems in the world.
Dan is an experienced financial professional and an entrepreneurial Olin Business School MBA graduate. Prior to TransVix, Dan was a Senior Associate at Lewis & Clark Ventures, a St. Louis based Venture Capital firm. He previously founded and led Ascend Financial, a consulting firm providing early-stage companies with CFO services and fundraising coaching. Dan was also a Financial Advisor with Morgan Stanley where he launched a sustainable-investing practice that provided investment guidance and portfolio management for environmentally responsible investors.
John is a highly experienced logistics market executive that was most recently CEO of Xpress Global Systems, LLC (XGS), a wholly owned subsidiary of U.S. Xpress. John joined XGS in 1993 and served in several leadership positions, including Executive Vice President/General Manager before taking over as President in 2006. He also served as West Coast Regional Manager and Director of West Coast Operations during his tenure. Prior to joining XGS, he served as a Terminal Manager and Sales Manager for the Tom Duffy Company, a West Coast distribution company.
Michael is a seasoned transportation executive having previously ran operations for the largest floor-coverings 3PL in the world. He had previous executive experience in logistics, having worked in the container business with Tropical Shipping and Roadway Express.
Mark is an experienced veteran in the transportation industry with a 36 year career at CH Robinson. Most recently, Mark was on the CH Robinson Executive team as SVP of Transportation and held previous roles as CIO and President of T-Chek Systems.
Our Advisory Board is made up of highly experienced and respected individuals across financial investment, freight derivative and trading technology industries. Our Advisors are key contributors to our continued growth and evolution.
Mr. Larkin is Managing Director at Stifel, Nicolaus & Co., Inc., Mr. Larkin joined Legg Mason in October 2001 to form and lead the firm’s entry into the transportation markets. He was recognized as an All-Star Analyst by Institutional Investor in 2006 and as a Wall Street Journal All-Star Analyst five times, most recently for his stock picks during the year 2010. In addition, he was rated as number one by Forbes/StarMine in EPS estimate accuracy in the road and rail category in 2008, and as number one stock picker in 2003 by Forbes/StarMine in both the road and rail, and the airfreight and logistics categories. He received additional recognition in 2014 and 2015 by placing second in the 2014 StarMine stock picking survey in the road and rail category, third in the 2014 StarMine stock picking survey in the air freight and logistics category, and second in the 2015 StarMine stock picking survey in the air freight and logistics category. Previously, Mr. Larkin was Chairman and Chief Executive Officer of RailWorks Corporation. Mr. Larkin was also a key member of Alex Brown and Sons’ transportation team, serving as a Managing Director. Mr. Larkin has held various positions in planning and economic analysis at CSX Transportation, Inc. Mr. Larkin earned his MBA from Harvard University and a bachelor’s degree and a Master of Science in civil engineering from the University of Vermont and the University of Texas, respectively. Mr. Larkin is a CFA charter holder. In addition, he is a member of the boards of advisers for CRST International and Comcar Industries, and is a member of the Baltimore CFA Society.
Albrecht brings significant transportation expertise to TransFX’s Board of Advisors and has been involved with transportation research since 1988. Prior to founding Sword & Sea, Albrecht served two separate stints as Managing Director of BB&T Capital Markets, starting in 2000, where he followed the surface transportation section, including intermodal, truckload and less-than-truckload carriers. He moved on to Stephens Inc. as Managing Director in 2005 before returning to BB&T Capital Markets in 2009. Albrecht also worked for ABN AMRO and A.G. Edwards & Sons. He has been involved in over 40 equity deals in his transportation career. Albrecht is frequently quoted in national media, including leading publications the Wall Street Journal, Logistics Management, Transport Topics and the Journal of Commerce. Albrecht is a seven-time Wall Street Journal All-Star, according to the publication’s rankings of analysts. He has been a featured speaking at top industry events, including American Trucking Association conferences, Food Shippers of America, the University of Georgia, Georgia Tech, CSCMP, SMC3, Transplace, Truck Trailer Manufacturers, Truckload Carriers’ Association, and IANA
Eric Frank is a senior executive and accomplished leader with a proven track record of building foremost information services companies. Mr. Frank is a trusted advisor to data and analytics companies in the agriculture, financial and commercial real estate sectors. He has invented, built and sold companies and has served as an operational leader responsible for over 8,000 employees and contractors in multi billion dollar revenue businesses. Prior to launching his advisory practice, Mr. Frank was most recently the President of Thomson Reuters’ $2.3B Investment & Advisory (I&A) Division. Selected by the CEO to lead post-merger integration of Thomson Financial and Reuters Research and Asset Management. Shaped a $2.3B division comprised of 4 global operating units (Investment Management & Sell-Side Research, Investment Banking, Wealth Management, and Corporate Services). Mr. Frank created the ADR.com portal and sold the business to Thomson Financial. As an executive managing director of the Thomson Financial Corporate Services team, Mr. Frank extended the ADR.com technology platform into portals for leading North American stock exchanges, financial institutions and created the leading Investor Relations desktop product. In 2005, Mr. Frank was asked to assume leadership of the Thomson Financial Investment Management Division. He quickly restored profitability with development of an innovative new desktop offering, regaining the division’s status as company’s largest revenue and margin producer. Since 2012, Mr. Frank has served as operating partner with oversight of a diverse set of B2B information companies including AGDATA, Trepp and EDR. He also has board positions with a number of financial technology and information companies.
Chelsea (Chip) is an experienced logistics leader and one of the top minds in his field. He is the former director of the Trucking Industry Program, a study of the U.S. trucking industry supported by the A.P. Sloan Foundation. He was the Founding Engineering Co-Director of the Tauber Institute for Global Operations while on the faculty at the University of Michigan. White was a member of the Board of Directors for Con-way for 11 years until that company’s sale to XPO in 2015 and is a former member of the World Economic Forum Trade Facilitation Council.
Richard Metzler has over 30 years of C-Level leadership with subject matter expertise in M&A, partnerships and marketing within the logistics, transportation and ecommerce industries on a domestic and global basis. He has had senior leadership roles with companies that include FedEx, TNT, APL Logistics, Greatwide Logistics, XPO Logistics, and most recently as Chief Marketing Officer of uShip.com.
Michael is an accomplished leader in the data, analytics and technology industries. He’s currently SVP of Data Products for Forrester Research and leads their analytics business line responsible for productizing information assets. Prior Michael was VP of Advanced Analytics at IHS Markit, a broad provider of global B2B market, industry and technical information. He led the launch of a new firm-wide advanced analytics based growth strategy to capture the fast-growing market that analytics/big data/IoT presents for data and information providers. Before this he was with IHS’ M&A team and played a leading role in developing, executing and integrating 15 strategic acquisitions to drive growth and expand IHS’ data and analytic capabilities. Michael has also held several other B2B commercial operations and product management roles within the data and research space.
Mr. Rainsford was highly successful Commodities Trader for Morgan Stanley’s Dry Bulk Trading Operations. Among his achievements was building out the derivatives platform for the container freight swap trading desk and organizing and hosting industry conferences in both London and New York. Rainsford was also President of the Container Freight Derivatives Association that designed the Container Freight Agreement – a tradable contract that helped to de-risk maritime container freight.
Mr. Hunt is the Founder and Managing Partner of Hunt Technology Ventures, L.P, and an early stage investor backing of relentless founders with disruptive ideas. Mr. Hunt has been investing long-term capital in private companies for the past 20 years, with a focus on investments in seed stage to Series A rounds in technology and biotechnology companies. Hunt Technology Ventures, L.P., is one of the largest private technology investors in North America.