Andrew Sobko
CEO of CDL 1000 - Next Trucking - and Hickory Transporation - BATCH Freight in Chicago, Illinois
Andrew Sobko is an influential business leader and entrepreneur in the supply chain logistics technology sector. As the CEO and founder of BATCH Freight, he champions a firm that integrates advanced, AI-driven software solutions into logistics, enhancing supply chain efficiency. A member of the Forbes Council, his career is distinguished by a fervent passion for technology and a commitment to innovation, sustainability, and integrity. He also engages in philanthropy with a focus on environmental advocacy.
Over his extensive career, he has made significant strides across multiple industries, particularly in artificial intelligence, finance, and logistics. Despite his long history of successful enterprises, he continuously seeks to innovate and develop new business models, especially solutions for the post-COVID-19 transportation sector congestion.
He is incredibly proud of his ability to scale businesses, a testament to his effectiveness rapidly highlighted when the Financial Times named his company the fastest-growing in the United States in 2023. He founded Project One Capital, the first AI-powered hedge fund that operates on a pioneering alpha-learning AI model.
In 2023, he received the Goldman Sachs “Builders and Innovators” Award. Holding a Juris Doctorate, he credits his success to the rich lessons learned from both triumphs and setbacks, further enriched by mentorships with prominent global business figures.
His venture, CDL 1000, which he launched in October 2014, has flourished under his leadership, transforming into a corporation valued at over $100 million. He was instrumental in developing innovative logistical solutions that significantly alleviated everyday challenges in road, intermodal drayage, and warehousing operations.
He also spearheaded the creation of the 3PL Smart Logistics Platform and led the development of an AI-powered marketplace, enhancing logistical efficiency by synergizing industry components with customer needs. This led to a record 56,135% increase in revenue from 2018 to 2021, earning the firm the third spot on Inc. Magazine's 5000 list.
In 2023, he guided his company through a significant growth phase, introducing new products and improving customer support. This doubled revenue and launched a new Demurrage as a Service (DaaS) program for global Fortune 100 companies. His firm, dubbed "the FEMA of drayage," guarantees to cover port demurrage and rail yard late fees, reinforcing its commitment to rapid service.