NoDwell
Eliminate
the
wait.
We are the Uber for the first and last mile in truckload transportation, increasing productive miles per day by over 25%.
Driver held
Driver gone
vs
LIVE LOAD
Driver and tractor held while the trailer is filled
DROP AND HOOK
Swap a preloaded trailer and leave in minutes
Goods move onto trailers two ways
The difference is
egregious.
Same freight, same dock, wildly different economics.
30%
of the day, waiting
DRIVING
WAITING
Detention charges
Missed appointments
Blown hours-of-service clocks
Driver turnover
+15 min
CRASH RISK
+6.2%
higher crash rate for
every extra 15 minutes
a driver is held at a dock
6,509
additional crashes a year,
estimated nationally
Source: U.S. DOT Office of Inspector General, Report ST2018019 (2018)
When live loading occurs
Drivers waste
30% of their day.
Everything downstream suffers.
Most importantly, safety.
22
YEARS IN FREIGHT
Driver
Dispatcher
Broker
Owner
Today
50% of our detention invoices went unpaid
In 22 years of industry service
I’ve experienced
every side
of this problem.
Built from that vantage point, not from a whiteboard.
WHAT DROP-AND-HOOK DEMANDS
Dedicated spotter
Yard truck
Real estate
Equipment
Security and admin
4 of 12 can justify it alone
8 of 12 stay on live loading
The barrier
The proven solution reaches about
one-third
of shippers.
yard.nodwell
1
Shared Yard Truck
2
On-demand City Truck
3
Autonomous Transfer Yards
4
Shared Yard Platform
The NoDwell marketplace solution
Four services.
One network.
Each one strengthens the same local density.
Shared yard queue
1 truck · 4 facilities · sequenced
A
Spot loaded trailer, door 3
In progress
C
Pull empty to staging
Next
B
Hook outbound, door 1
Queued
D
Swap trailer, door 2
Queued
Connected to each shipper
Solution one
A shared yard spotter at a
net negative cost.
Nobody buys a truck. Everyone gets fractionalized, as-needed coverage.
1
2
3
1
Line haul drops the loaded trailer
2
City truck runs it to the dock
3
Driver hooks a preloaded trailer and goes
$275
median per job
×
7
jobs per shift
=
$1,925
per truck, per shift
$41K gross
in 2025, zero advertising
Solution two
On-demand relay.
Creating the drop‑and‑hook.
Autonomous line haul
NoDwell yard: park handoff + AV relay
Human final mile
Solution three
Our yards become the
handoff point.
NoDwell brings the technology and the trucks, and owns the ground it has to touch.
Cost to serve
facilities in the cluster →
Cost to acquire
facilities in the cluster →
Lenexa: 20+ facilities, one truck
The density play
In each metro,
density is the moat.
Whoever saturates the industrial clusters first becomes the default.
YMS software
Real-time visibility
Moves the
trailer
Neighbor-to-
neighbor
sharing
YMS software vendors
Visibility and check-in, software only
Lazer Logistics
National, EQT-owned. 620+ facilities, own Spotlight YMS
National Shunt Service
Shunting services plus Shuntware YMS
NoDwell
Shared Yard Platform plus our own trucks and drivers
One truck, shared by neighbors
POTENTIAL ACQUISITION PARTNERS
Moves trailer
Sharing
Lazer Logistics
Yard services. License our platform, white label
Uber Freight
Technology and trailer network (Powerloop)
NoDwell adds the missing column.
The competition
Most optimize exception management.
We remove the exceptions.
Copy
AI replicates this overnight
code, dashboards, workflows
SERVICE CONTRACT
AI cannot replicate this
a truck in a yard, a driver on shift, a signed contract
Built for the AI era
AI has changed SaaS forever.
That’s fine with us.
$794K
Cargill OKC
$300K
Smart Warehousing
$78K
Da Vinci
$65K
Reardon
$60K
Boot Barn
Every one sourced through search
$0 advertising spend
All five delivered in 2026
Traction update
Five proposals out.
$1.3M
in annual contract value.
PHYSICAL AI
Software that has
to move atoms
to get paid
DEEP SUPPLY CHAIN
Drivers lose 30%
of the day to
waiting at docks
AUTONOMY ENABLEMENT
Driverless trucks
still need somewhere
to hand off
LABOR PRODUCTIVITY
New capacity
without hiring a
single driver
SAFETY AND
RISK REDUCTION
+6.2% crash rate
per extra 15 minutes
at a dock
SERVICES AS SOFTWARE
We bill the move,
not the seat
Cost, safety, labor, autonomy.
Pick the mandate you run.
Where NoDwell fits
Twelve theses in this room.
We sit in all twelve.
ASSET LIGHT
INFRASTRUCTURE
One yard truck,
2 to 5 facilities
DENSITY AND
NETWORK EFFECTS
Every facility
added makes the
cluster cheaper
ACCESS AND THE
UNDERSERVED MIDDLE
Drop and hook
for the other
two-thirds
OPERATOR FOUNDER
22 years in the
yard, not 22 slides
about it
INDUSTRIAL
DECARBONIZATION
The easiest
diesel in freight
to take out
CAPITAL EFFICIENT
COMPOUNDING
$1.3M in proposals
on zero advertising
spend
Twelve theses, one company.
If any of these is your mandate, we are already in it.
Where NoDwell fits
Six more ways to
underwrite this.
BL
FOUNDER AND CEO
Blake Lappan
22 years
in truckload freight
15 years
in yard management
14 years
as a fleet owner
AM
CTO AND CO-FOUNDER
Amol Mehta
Director of Development
at Bunjii
Built
an Uber for pickup trucks
Deep expertise
in marketplace platforms
Implemented
yard management for several enterprise companies
AB
OPERATIONS
Austin Boerckel
11 years with Spot On
TU
DIRECTOR OF BUSINESS DEVELOPMENT
Tim Utzinger
22 years in the industry
MJ
SITE LEADS
Mike Jackson
15 years in the industry
ADVISORY BOARD
RH
Rob Haddock
42 years at Coca-Cola, 7 running NA Logistics
EM
Erik Malin
Founding team, Baton (acquired by Ryder, 2022)
CA
Chris Atkinson
Founder and CEO, Class8 (formerly FleetOps)
MS
Mike Saxton
Founding team, Orange EV
RM
Randy Mullet
Former C-Suite, Conway (XPO)
JD
Jay Deevers
Owner, Bestway International
The team
Built by people who’ve
lived this problem.
2026 REVENUE BY LINE, JAN 1 TO OCT 21
$4.74M
Dedicated yard spotting
3 sites. Top customer: 32% of revenue
$2.04M
43.1%
Broker regular lanes
Contracted lanes for freight brokers
$927K
19.6%
Spot market freight
Brokered and spot loads
$868K
18.3%
Direct shipper truckload
Shipper freight, including Cargill routes
$415K
8.8%
Trailer rental
Transfer trailers and rental fleet
$161K
3.4%
NoDwell relay trucking
City truck relay moves
$141K
3.0%
Warehousing
Storage and warehouse services
$83K
1.8%
Shared yard spotting
NoDwell shared sites
$65K
1.4%
Accessorials
Detention, layover, driver assist
$28K
0.6%
Truck parking
$5K
0.1%
Other trucking
LTL and power only
$2K
<0.1%
SPOT ON EBITDA
−$14K
2024
books
$222K
2025
filed return
$298K
2026
run rate
THE MARKET WE GREW THROUGH
42 months
of year-over-year freight volume
decline, the longest on record
(Cass Freight Index, since 1990)
Truckload linehaul rates
-10%
2023
-3.4%
2024
+1.8%
2025
EBITDA turned positive and kept climbing anyway.
Sources: Cass Transportation Index Report, Aug 2026. EBITDA: 2024 QuickBooks books before
tax-return adjustments; 2025 filed Form 1120-S; 2026 YTD annualized. Revenue: QuickBooks P&L.
How we make money
Eleven revenue lines.
Growing through the downturn.
Spot On TMS: $5.9M 2026 run rate
4 to 5 shared sites + city truck pilot
SAFE note
not priced equity
$15M
post-money valuation cap
20%
discount offered
85%
of proceeds to sales and growth
NoDwell, Inc.
parent of Spot On TMS and future operating subsidiaries
The ask
$1.5M
to prove the density thesis.
You are not funding a pre-revenue startup.
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