TruckPark Inc.

What TruckPark Inc. does

TruckPark Inc., doing business as Relay Payments, is a Chicago-based private company that operates a parking inventory and booking platform purpose-built for the U.S. trucking and freight industry. The company connects truck drivers and fleets with safe, available overnight parking through a GPS-enabled mobile application that allows drivers to locate, reserve, and confirm a parking spot in three steps. Beyond the consumer-facing app, Relay maintains a brokerage team that secures long-term parking reservations for shippers, carriers, and brokers via established relationships with parking lot operators across the United States.

The core technology stack centers on a GPS-enabled mobile application paired with digital payment infrastructure that supports secure, transparent transactions between carriers, shippers, brokers, and drivers. Relay monetizes through transaction fees on parking reservations and payment processing, with pricing offered via custom enterprise quotes and multi-year contracts rather than published tiers. Distribution is dual-track: a self-serve product-led motion through the mobile app targets individual drivers and small operators, while an enterprise field sales motion through the brokerage team pursues larger freight customers such as Old Dominion Freight Lines, which publicly attests to entrusting Relay with millions of dollars in annual volume.

Name

TruckPark Inc.

Legal name

Relay Payments

Website

https://truckpark.com

Company type

Private

Founded year

2022

Operating status

Operating

Headcount range

11–50 employees

Short description

TruckPark Inc. (Relay Payments) is a Chicago-based platform that connects truck drivers, fleets, shippers, and brokers to safe overnight truck parking via a GPS-enabled mobile app and a brokerage team, while also processing digital freight payments.

Ownership category

akta.pro rank

Product category

Truck Parking and Logistics Services

NAICS

Support Activities for Road Transportation (4884)

SIC

Services-Automotive Repair, Services & Parking (7500), Transportation Services (4700)

akta.pro primary industry

Parking Asset Management & Facility Services (Cleaning, Security, Staffing, Maintenance) (TLAJAIAG)

Keywords

• Truck parking reservations
• Freight payment processing
• Logistics parking solutions
• Driver parking booking
• Digital freight payments

Headquarters

HQ city

Chicago

HQ country

United States

HQ region

North America

Markets served

GTM type

B2B and B2C

Offering type

Software

Cost components

Technology or R&D, Personnel, Operations, Marketing or Sales, Infrastructure

Revenue model

1. Parking Reservation Services: Revenue generated from facilitating parking spot reservations for drivers, carriers, shippers, and brokers through the Relay platform
2. Digital Payment Processing: Payment solutions for the freight industry enabling secure digital transactions between carriers, shippers, and drivers

Pricing tiers

Go-to-market motion3 records

Distribution channels3 records

Marketing channels3 records

Core offering

TruckPark Inc., operating as Relay Payments, runs a parking inventory and booking platform that connects truck drivers and fleets with safe, available parking. The core offering is a GPS-enabled mobile app that lets drivers locate and reserve overnight parking in three steps, complemented by a brokerage team that secures long-term parking for shippers, carriers, and brokers through relationships with parking lot operators nationwide. The platform also delivers digital payment solutions that enable secure, transparent transactions between carriers, shippers, brokers, and drivers, reducing fraud in freight payments.

Product overview

Relay Payments offers a unified parking and payments platform for the trucking and logistics industry. The core product is the Relay App, a GPS-enabled mobile application that allows drivers to locate and reserve parking spots directly. Supporting this is Relay's brokerage team that secures long-term parking reservations for shippers, carriers, and brokers through relationships with parking lot operators nationwide. The platform also includes digital payment solutions that provide secure, transparent transactions to improve efficiency and reduce fraud.

Differentiator

Problem solved

Functional benefit

Products and services

• Relay App GPS-enabled mobile application that lets truck drivers locate available overnight parking, complete a reservation form, and receive automated confirmation with property access instructions. Designed for individual drivers needing quick, self-serve parking during routes.
• Relay Brokerage Parking Service Enterprise parking sourcing service in which Relay's brokerage team uses nationwide operator relationships to secure long-term parking reservations for shippers, carriers, and brokers needing ongoing driver and asset accommodations.
• Relay Digital Payments Digital payment infrastructure for the freight industry that enables secure, transparent transactions between carriers, shippers, brokers, and drivers, replacing cash and checks to improve efficiency and reduce fraud and payment defaults.

Quantifiable outcome

• Response time of approximately 30 seconds for customer inquiries, 24/7/365

Named customers1 record

Segments5 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Scale indicators1 record

Recent moves6 records

Expansion highlights4 records

Direct peers

• Trucker Path: Mobile platform providing truck drivers with parking locators, fuel stops, and trip planning tools. Directly comparable as a driver-facing app monetizing truck parking and related services.
• TriumphPay: Freight payment network serving brokers, carriers, and shippers with digital settlement. Directly comparable to Relay's payment processing product, both targeting the same freight industry stakeholders.
• Arrive (formerly Parking Panda): Parking reservation marketplace with both consumer and operator sides. Directly comparable marketplace model and operator-network approach, though primarily focused on passenger vehicle and event parking.

Broad incumbents

• Truckstop.com: Established online marketplace connecting carriers, brokers, and shippers in the freight industry. Overlaps with Relay's enterprise brokerage motion and is a broad incumbent in the freight services stack.
• DAT Solutions: Major freight marketplace and analytics provider for trucking. Comparable as a logistics platform serving carriers and brokers with network-driven services, though its core focus is load matching rather than parking.
• SpotHero: Digital parking reservation marketplace for consumer and commercial vehicles. Comparable in marketplace mechanics and operator-relationship model, though focused on passenger vehicles rather than trucks.
• Motive (formerly KeepTruckin): Fleet management platform offering driver apps, ELDs, and spend management for trucking. Comparable in serving fleet operators and drivers with integrated software, and could plausibly bundle parking as a feature.

Emerging players

• AtoB: Fuel payments and financial infrastructure platform for the freight industry. Comparable as a fintech overlay on trucking operations and a potential partner or competitor to Relay's payment rail.
• Convoy: Digital freight network connecting shippers and carriers with automated load matching. Comparable in digitizing the freight industry with a technology-first approach to traditionally paper-based workflows.

Others

• FreightWaves: Freight industry data, media, and marketplace platform. Comparable as an ecosystem participant serving the same freight stakeholders, though primarily a data and media business rather than a transactional platform.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights5 records

Customer concentration

• YouTubeyoutube.com/user/RelayPayments
• Facebookfacebook.com/RelayPayments
• LinkedInlinkedin.com/company/relay-payments
• Xx.com/TruckParkinc

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds3 records

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about TruckPark Inc.