F3 | Keynote: What It's Like to Bootstrap a Trucking Business to $2.5 Billion and Exiting: The Story of U.S. Xpress
Description
Max is one of the visionaries that helped to create the truckload and logistics industries that we have today. As an early adopter of many safety, productivity and driver comfort, Max was very early on with items like power steering, air conditioning, steering stability controls, disc brakes, satellite communications, traction control, collision avoidance systems, electronics on engines years before it was accepted by the industry. He was one of the first to computerize his company in the mid 1980s. He would find technologies in Europe and push for implementation in the U.S.
Max has developed companies in various industries with great success. He developed Paragon Trailer Rental which was sold to GE. He developed Xpress Data systems which he sold the software assets to Qualcomm. He started a company called Innovative Processing Solutions (a fintech software company) which was sold to US Bank. He co-founded a fintech company called TransCard which specializes in b to b and b to c payment applications.
During his tenure at U.S. Xpress Enterprises, he completed 31 acquisitions with successful implementations. As a founder of US Xpress, he built the company to approximately $2,500,000,000 in total revenues.
He has been on the SunTrust/Truist Advisory Board since 1994.
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