Little Rock truck parking startup Truck Park Management (TPM) announced it’s opening its reservation-based parking platform after a $15 million investment from FoxDen Capital of Little Rock.
The company’s app, Trucklots, will allow drivers and fleets to make parking reservations for easier check-ins and check-outs at parking lots, TPM said in a news release. The app is also designed to help parking lot owners and operators.
“Our primary focus is to enhance the value and experience for truck drivers and the industry at large,” CEO Danny Loe, a former executive with ArcBest, said in the release. “We’re committed to addressing the widespread issues of inadequate and inconsistent rest areas and parking. Our holistic approach prioritizes safety, compliance, and quality amenities.”
TPM, founded in 2023, said it has the goal to develop and open as many as 300 parking lots in the next five years. These 15- to 30-acre lots will have amenities that include shower and kitchen facilities and laundries and will be able to accommodate as many as 500 trucks.
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