¶ Intro / Opening
Hello and welcome to the Bootstrapper's Guide to Logistics , the podcast highlighting founders doing it the way that doesn't get a lot of attention . We're here to change that by sharing their stories and inspiring others to take the leap .
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Don't shoulder entrepreneurship on your
¶ Meet Liz Wayne of ABLE Transport
own . I'm your host , Nate Schutz . Let's build something together from the ground up . Hello everybody , and welcome back to the show . We are mid-2025 . We are past the 100-episode mark on sharing founder stories and supply chain and logistics , and this week we get to stay in the Midwest , which is always special to me .
I'm born and raised in Minnesota , if you can't tell by my accent already and we're going to be spending some time in Omaha this week with the founder of Able Transport , Liz Wayne . Liz , good morning , how are you today ?
Good Nate , how are you ?
I'm doing fantastic . I love to find stories that resonate with me and founders whose stories are appealing on a human level , not just a logistics level or on a business level , and there are several elements of your background that I find really compelling , and so I want to , if you don't mind .
We're going to go back to the beginnings of Able Transport , unpack part of your journey , and I'd love to draw out a couple of themes that really stood out to me , which means we're going to peel the onion a little bit . But before we go to that , would you mind just explaining what Able Transport is and a little bit of your own background ?
Yeah , so I have been in the industry for about 23 years now , worked at an asset-based shop , everywhere from accounting to dispatch , and I found ABLE . Well , 11 years ago , you know , as an agent on my own , and I started hiring staff . It'll be 10 years next month . We're having our big ABLE anniversary , so looking forward to that .
So ABLE is very niche focused . We are an open deck broker , so 95 plus percent of our freight is going to be open deck heavy haul specialized .
And so 10 years . In first of all , not a lot of companies make it to the 10 year mark , so congratulations . That's a huge milestone in and of itself , especially if I look at the last four years , the number of businesses that have folded or are struggling to survive , so just longevity by itself is something to be celebrated , so congratulations .
I'd love to help promote and share when you have your anniversary party and help you celebrate . So one of the things that you mentioned in starting the business in 2015 was that you wanted to reinvent the
¶ Reinventing the Freight Broker Reputation
freight broker reputation more positive reputation than they do now , with a lot of the double brokering and freight fraud and the less attractive element that has worked its way into the industry . So what do you remember about freight brokerage reputations 10 years ago versus now ?
is is interesting to me because I've never thought about it that way . Um , because I don't put the fraudsters in the category of , like , the good guys . So when I say reinvent the freight broker's reputation , that's , you know , the goal there was really like from the shippers perspective .
So one of our things that able was , you know , and still is , we don't give loads back , so we're going to honor our quote , we're going to provide a truck , you know , and the shippers might not understand that ultimately , brokers who honor their price are gambling every day .
Um , you know , and when we win , more often than we lose , we can build a sustainable business . But at the end of the day , for the most part , when we provide a price to the shipper , we don't know what we're going to pay the truck . And so it was just kind of like provide a more reliable experience for the shipper .
When you used to make calls to sell freight brokerage services , like the first question would be you know , are you an asset based broker ?
Or you know , I don't work with brokers , and so I think that the industry as a whole has leveled up since 2015 , because that is no longer shippers first question , like they are more apt to work with a broker than they were 10 or 15 years ago , and I think that's because our reputation is evolving and I think we've leveled up as a whole .
To be honest , Well , I remember trying to describe what a paper rate was to somebody outside of the industry . Now , what do you mean ? What's a paper rate ? You would give somebody a price and then charge them something different later . Isn't that wrong ?
And I'm like no , it happens all the time , cause I've been on the shipper side and the 3PL side and trying to explain that contract rate doesn't actually mean there's a contract that's enforceable . And to people outside of the industry they're like I don't get it . Why would that be that ? Why does the industry operate that way ?
And to be able to say , yeah , here's my price and I'm committed to it , no matter what happens down the road , is a shift . Even today it's still a shift for some mindsets .
It's funny what you just shared and as a shipper , from that perspective , we just had this conversation in my office yesterday , so working on some kind of like account development with that team and just kind of trying to pour some of our I've got a president with , you know , 25 , 30 years of experience like myself , so we're really trying to take this group
that's sort of newer to their role and just pour this experience into them . And you know , um , and it's funny because what came out yesterday in the meeting was just that was shippers don't always look at a price as a truck . So but we do , you know .
So when my guys are quoting something , it's like , hey , you , you take this , you're going to have a truck like that , and we don't , you know , we don't fail . And it's like they take it so seriously , actually to the point , that it's kind of like they don't understand how the industry totally operates .
Um , because of this kind of just operational mindset that we've instilled in them , which is great , Like I'm not complaining , but it's funny because it's like , you know , we challenged them last week to , you know , when you get a good price in on something , call them and say , hey , how's my price ?
Look , you know , do some followup , and so they had great success with that . And it was kind of like how's that
¶ Understanding Shipper Perspectives
, How's that work , why is that ? And we came to the conclusion the shippers don't just believe that a number equates to a truck , Like when they hear , hey , I've got a truck 30 miles out ready to rock . It really closes the deal in a way that just the number on its own isn't going to .
So I don't want to sidetrack , but it's just funny because literally we ended the day yesterday with that whole conversation . So it's funny that you share that perspective as a shipper .
Well , it would be interesting , I think , for everyone to spend a week in everybody else's shoes , from a broker to a carrier to a shipper , and begin to appreciate what it actually takes to move cargo around the country or around the world , and a deeper understanding of shippers aren't thinking like freight brokers , they're thinking about products and they're thinking
about customers , and transportation is a necessary step in that transaction . And oftentimes the shipper doesn't recognize the sale of the goods until it has left their facility . And so a warehouse is not just holding product , it's also the cash register and that truck that's 30 minutes out .
If it doesn't show up , then the sale doesn't happen , oftentimes until the next day , and so it's not just hey , I have to pay overtime to somebody to stay late that evening until the truck can make it after the facility is closed , and there's an assessorial charge or something along those lines .
It is a revenue recognition for the shipper community is part of it , and then their commitments to their customers , for the shipper community is part of it , and then their commitments to their customers , and most product-based shippers are thinking about those types of things not .
I wonder how many trucks are within two hours of us on a Thursday afternoon and that's the value that freight brokerages provide is thinking of all of those variables and what a dynamic market looks like , so that a shipper can focus on growing their business , which is not a transportation business at its core .
And and the deeper I get into my own career , the more appreciation I have for what it actually takes on the ground . I worked at a carrier when I was in college and then 14 years as a 3PL and then about a decade on the shipper side that know their subject matter better than anybody else is a superpower . It's what makes commerce happen .
So if you haven't heard from a shipper in a long time how much your work is appreciated , just know that it is .
Yeah , no , I love the antidote there and thinking about the warehouse like a cash register . I'm going to share that with my team because , you know , I think we all feel it at the end of the month or the end of a quarter , but it's a it feels like a really good way to help them understand why .
That is why they experienced those , those spikes at that time .
Yeah , it's not . Um , transportation is a part of a shipper's business , but it is not their business , and that's something I try to remind uh other participants in the industry about . Is you're thinking about trucking all day ? Most shippers aren't .
Yeah .
They're thinking about products and customers . I'd like to go back to a little bit of your early days . Me that , when you were young , you had a bunch of different paths that you were considering , in that you had new ideas every day about what you wanted to be when you grew up . What were some of the things you wanted to be ?
Well , I remember when I was really young I thought I could be everything . So it was like , oh , I'm going to be like a firefighter for a month , and then I'm going to be a banker for a month , and then I'm going to be a banker for a month , and then I'm going to be a teacher . Maybe I could give that a whole school year , I don't know .
And then so I thought you could , just the world was my oyster . I thought you could just do all the things all the time . So I do remember very vividly , like planning out my 200 careers , you know . So that's when I was really , really ,
¶ From Agent to Entrepreneur
probably like under 10 years old , I suppose .
And as an entrepreneur , you probably get to be all . You are a banker and you have to put out fires all day and you have to teach other people . So maybe you , you've actually achieved it .
Yeah , for sure . I mean I think this entrepreneurial journey is just that . It's like getting to wear a hundred hats and I mean , you know , you've heard a lot of people in logistics just say they have ADHD .
I mean , I've never been diagnosed , but I probably do , and I think that's a superpower for entrepreneurs really , because , um , you know , if you look at it that way , it's like we get to do different things all of the time .
I think , you know , yesterday on that call , I was probably complaining about it , as I do sometimes , because there's a burden to wearing all the hats , but also what a privilege , you know , you never get bored .
So what is it about the idea of , or when was it that the idea of entrepreneurship for you started to not just be a random idea , but an actual path ?
You know , I think it really so when I set out , it wasn't really to build the company that I have today . So now I am excited to build a bigger company than I have today . But you know , 11 , 12 years ago or whatever , when I quit my last job , that wasn't necessarily the goal .
Um , I wanted to be a freight agent for more flexible hours and I built myself a home office and I had babies at home and well , oh , yeah , okay , I was expecting one when I quit my last job I'm just trying to think through exactly how old the kids are , but it was really in like a , my husband and I had a real estate brokerage and so it was really
like for flexibility and to be able to do the work from home and not commute , go straight upstairs to the kids , and it would allow us to multitask and work on the real estate business .
Um , so that was the plan , was just really for myself and my family in the beginning , and then it quickly turned into like this is a 24 seven gig and that is kind of not what I uh , cause I had always worked , you know , with small teams and offices where like , yeah , there's on call , but you're rotating it .
Or you have , um , you know vacation days , or you know Saturdays , Sundays , and it just got to be . You know the trucking doesn't stop , and so I didn't necessarily want it to be the person um on call 24 , seven . And so I also , at the same time , sort of had been working on a few um .
I had been working on one big opportunity for like six months a long , slow , large sale . Big opportunity for like six months , a long , slow , large sale . Who's still my biggest customer 10 years later ?
Um , and simultaneously another um really large customer just happened to walk in my front door , uh , walk in their dog at my first office space , my little three or 400 foot office space , and so at that time looked around and it's like , okay , I with these couple of accounts , I can support some payroll and with some help I can get some relief from this 24-7
thing . And so that's when kind of the vision turned into having a small office and then to go from , you know , to kind of scale from there . It was all about the customers , like they needed a company like us .
The construction job site had been left behind by transportation , and so once I started to kind of realize that growth was really easy and really fun , you know , until here , post COVID freight recession , it , it . It's been a little less fun lately , but it's um , so it was sort of an evolution . I didn't just set out to have able as it is today .
And what have you learned about yourself in that period of going Well ? First of all , I also love to understand what is it like to have small children and be a mom while starting a company , and how you would keep your sanity . I have no idea . I'm responsible for people and I have to shape and mold them . Think about processes .
Did that come naturally to you , or was that a place in your journey where you had to adapt quickly ?
You know partly both . I think I'm definitely process oriented , so like it was not ever hard for me to identify the best way to do something and to want that for myself , my team , my company . Now getting results through other people , though that's you know , um ,
¶ Leadership Evolution and Growth
that's you know . Um , as a leader , I can be impatient , I definitely you know . You only sort of know like you spend your whole life in your own head , right , and so you don't know what other people don't know , and I think that's you know .
At some point along the way I started kind of taking opening day training and stuff like way back to the beginning , because , um , you just it's hard to remember every little thing you've took in over all of these years and you bring somebody new in , and so I think that's where I could have done better is probably , um , I don't know if it would have been
like management training or leadership training or that for myself . Um , because I just kind of expected everybody to tick like me and be motivated in the same way and by the same things that I am , and that's just not the case , and nor should it be . It's not their business . You know what I mean , and so kind of it all takes time . You get better .
I think today I'm the best leader that I've ever been , but I still have a long way to go on my journey . You know what I mean .
What are you most proud of , then , in your own growth ?
You know , I guess just probably that I think in the like I was in a leadership role at the last company I worked for and sometimes I think back and I'm like what was he being my boss ? Like what was he thinking ? He let me treat people like that or he let me Um , and so I think I'm proud of that . I bring um just a more sort of like love .
He called me as bulldog . You know , like that's the energy that I took to situations back then and I think today I bring a more level head .
You know , it's just like there's , I think , when you , if you're not a good leader or manager or whatever the case , it's like just that pound your fist and that gets stuff done and so like , if it gets enough done , you don't really evolve past that . But for me that's what it's been . It's just kind of moving past that and finding you know better ways .
I like the way you said that evolve past that . When I've had leaders in my career that expressed anger or , you know , really big frustration about a situation or about a moment , I remember thinking to myself ooh , that's a potentially dangerous way to make change happen . I've since come to look at it as it's just information .
If somebody's really frustrated , it's hey . Can I ask are you upset with the situation and we need to work on that , or are you upset with me and we have something to talk about ? And that simple filter helped me understand , manage up better when you needed to neutralize a difficult situation .
And then , as I made all the mistakes you can make in managing people myself early in my career , I'm able to now reflect back on it and say there's no way I could have grown without somebody pulling me aside and saying , yeah , you can use force sometimes , there is a place for it . But if that's the only note , you know how to play .
You're going to create a culture of fear and then people aren't going to have ideas that they're willing to share , they're not going to take risks , and you'll surround yourself with people that just agree with you , not because they agree with you , but because they're afraid of you , and that was a one of my own aha moments of I thought being in charge was the
goal , like I thought that's all it took . And learning how to influence and shape and develop other people in ways that are good for them , that keep them highly engaged , is good for the business and it's good for me . It's just a different kind of emotional intelligence and maturity .
And then occasionally you come across somebody who's just gifted at all of those things at a really young age or you know they're advanced beyond their years and they're highly inspiring and motivating people and I wish I had been that , but I had to learn things the hard way , by getting it wrong mostly .
Yeah , same . I've got a 23-year-old son who's turning into a pretty good leader himself and he works in an organization full of young people , so he's been able to take his first couple of leaps into leadership and stuff and it's really fun to watch him .
When you just said , like some people just have it , he has it and he , you know , listen , I've learned from him , like listening to him talk to some of his people , you know , if he's at the house or something and I hear him take a phone call on that , it's like wow , that was geez , you know .
And for him I've really thought it's come from watching some of his good football coaches . I mean he's got like he played college football and his coaches in the Hall of Fame and it's like I , when I hear him , it's like I know that's where he got some of his you know just all of this because I mean , think about it Like .
I mean , just as a football coach , like just you would never see a football coach that reached a certain level
¶ The Meaning Behind ABLE Transport
that that's the only tool they had in their toolbox was banging their fist right Like there is a time and a place , but you've got to bring more to the situation as well , you know .
But I do , I feel like with some of the young people they got it from , because if they haven't had a lot of work experience , that's the leadership experience they're pulling from . You know .
Well , and athletics is such a rich environment to learn those types of skills and capabilities . I was not much of an athlete myself . I made it to high school and then I was not competitive any longer , and so , watching my four children themselves go through athletics programs in volleyball and football and baseball and lacrosse I envy the learnings that they got .
As high school students and for anybody who makes it to the collegiate level , you're generally going to be surrounded with mentors and teachers and people that are going to grow you as athletes but also going to grow you as human beings , and I think that's part of why recruiting is still done heavily at .
You know , for athletics at college campuses in transportation and logistics is competitiveness and grit and adaptability , and- Commitment . Flexibility . All of those skills are so much easier to accumulate in an athletic environment . So were you an athlete yourself ?
Or where , where , where do you feel like you got most of your own development from then people in your life or in your life ?
Trial and error . I've done everything wrong . Now I just get it right sometimes . No , I I've shared with you that I've been part of the Vistage community for about five years , so I know , like my , my group here in Omaha has definitely helped me .
You know , level up my leadership skills um as well , just kind of , um , you know , getting people in place at ABLE , kind of making sure the right people are in the right seats um to amplify the , the , the good stuff , and then also kind of to balance out what I don't bring to the table and what I don't have .
Where there was a point in ABLE's history where there was probably too much of a certain type of leadership energy , call it . And so you know , I think I've learned balance in that way too .
Like I said , like you know , people amplify the good stuff that I bring to the table and then people to pick up the slack and and clean up behind me where I'm lacking . You know what I mean .
And so I'm in a good place hire a president who had led um you know , some offices for CH , for you know a number of years , a couple of decades , and so it was just very relevant experience , like my office , you know , very much feels like a .
You know , although CH is a really big company , um , with billions in revenue , it was a lot of small offices , you know , and so there's just a lot of similarities there and um , with both of us , you know , leading now it's like I feel like we're able to move a lot faster and just for those reasons , like I said , he he amplifies some work I do and he's
really good at some stuff that I'm not so good at , you know , which is really on on the people side and the leadership side , and so Well , it sounds like you have a path forward for the next 10 years .
We wish you nothing but success on the in the next chapter . Last question what does able transport mean ? What is ? Where did the name come from and what does it mean to you ?
come from , and what does it mean to you ? That's a good question . So , ready , willing and able , Um , but how it came to me as it was , it was in the running . I can't even remember now like my top two or three names I had chosen . But , um , I was putting on my shoes one day .
I do remember , you know how some things just remember where you were at and what you were doing . I was putting on my shoes in the mudroom and I shouted in and told my husband it's able , calling it able , and it was like capable , reliable , dependable and just all of these things . And so that's kind of where it came from .
But then I sent , when I sent the name over to the graphic designer and that , and when she designed the brand , I was like , yes , I loved the colors , I loved the little road , how she made the A into a road , and , um , yeah , and then I could just see it and it was I . Really I'm still , 10 years later , I'm in love with the brand .
Um , still , so I , yeah , but that's kind of how it came to be .
That is a great story .
You never know where that moment of inspiration is going to come from , and it is similar to naming a child , because you're going to have it for a long time and it means something deeply personal , and so thank you , thank you for sharing that with us today , thanks for opening up about your journey journey I'm hoping if somebody is listening right now , that is
maybe where you were 10 years ago that they have heard .
I mean , the themes that I've heard from you are adaptability , just plain old hard work , doing what you said you're going to do , following through and that's maybe why I'm attracted to your story is that those are all very Midwest , humble , straightforward , old fashioned values and with that as your foundation , I have no doubt you're going to continue being successful
and , like I said , we're all rooting for you , thank you .
Yeah , thank you .
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