CEO of CDL 1000 - Next Trucking - Hickory Transporation - BATCH Freight
Andrew Sobko is an esteemed business leader and entrepreneur, primarily involved in the supply chain logistics technology sector. As the founder and CEO of BATCH Freight, he leads a firm renowned for its revolutionary AI-driven software solutions. A member of the Forbes Council, his career has been marked by an unyielding passion for technology and a commitment to innovation, sustainability, and integrity. He is also an active philanthropist with a strong focus on environmental advocacy.
His professional achievements span various industries, earning him recognition in artificial intelligence, finance, logistics, and material recycling. Despite his extensive track record of successful enterprises, he continues to innovate and develop new business models, mainly aiming to reduce congestion in the transportation sector following the COVID-19 pandemic.
He prides himself on his ability to rapidly scale businesses, a skill that was notably recognized when the Financial Times declared his company the fastest-growing company in the United States in 2023. He also founded Project One Capital, the first AI-powered hedge fund, which utilizes an alpha-learning AI model that autonomously develops and applies predictive models.
In 2023, his contributions were acknowledged with the Goldman Sachs “Builders and Innovators” Award. Although he holds a Juris Doctorate, he attributes his accomplishments to the lessons learned from his experiences and the guidance from mentorships with leading figures in the business world.
Previously, he established CDL 1000 in October 2014, which he has guided to become a corporation valued at over $100 million. His unique blend of technological proficiency and business savvy was critical in addressing logistical challenges and developing innovative solutions for road, drayage intermodal, and warehousing operations.
His standout achievements included creating the 3PL Smart Logistics Platform and leading development teams to build an AI-powered one-stop solution marketplace, maximizing logistic efficiencies. His leadership led to a staggering 56,135% increase in revenue from 2018 to 2021, placing his firm third on Inc. Magazine's 5000 list.
In 2023, he led the firm through a significant development phase, launching new products and services that resulted in a 200% revenue increase and introducing a new Demurrage as a Service (DaaS) program for Fortune 100 companies globally. His company, often called "the FEMA of drayage," guarantees quick container retrieval and covers associated costs.
His firm's use of advanced AI technology has significantly raised its industry profile. It enables efficient customer shipment and precise budget forecasting, which has enhanced client profit margins.
Andrew Sobko’s commitment to providing value is evident in all his business endeavors, addressing complex logistical challenges with innovative solutions. Beyond his professional life, he is devoted to philanthropic causes, particularly mental health and meditation, and enjoys boxing. He remains a pivotal figure in leveraging technology to transform the logistics sector.