365 Days Ago we did a Truck Parking Market Update with Matt ‪@IOSList‬ and Rig Hut

March 24th, 2025

Welcome to Rig Hut - Striving to be the pinnacle of industrial commercial parking solutions.

IOS List with host Matt Hunsucker, Jake and Jose from Rig Hut share their innovative approach to tackling the truck parking challenge in the logistics industry. What began as a real estate venture managing parking spaces evolved into Rig Hut—a cutting-edge platform designed to fill the gap in parking management software. Serving a diverse clientele from small landowners to institutional investors, Rig Hut offers features like inventory tracking, automated payments, and a seamless gate access system that boosts security and efficiency. Despite hurdles like securing capital and scaling automation, Jake and Jose are determined to transform the industry, addressing pain points for truck drivers and operators alike while adapting to market trends, such as declining parking rates in regions like Southern California. With a vision to lead in automation and security, Rig Hut is driving the future of truck parking solutions.

Pioneering the Future of Truck Parking:

• Grassroots: Rig Hut started by managing parking for landowners in South Florida. Frustrated with the limitations of existing software, they developed their own system to simplify operations. This hands-on experience gave them firsthand insight into industry challenges, fueling their problem-solving mindset and shaping their tech-driven approach.

• Shifting Industry Trends: The truck parking industry consists of three main types of operators: small landowners monetizing unused space, regional players repurposing land for parking, and national brands expanding their networks. While securing capital remains a major challenge, Rig Hut’s automation tools help operators overcome technological barriers to scaling. By addressing these industry trends, Rig Hut positions itself as a leader in modernizing truck parking through innovative tech solutions.

• Enhancing Driver Experience: Many truck parking facilities operate without automation, creating security risks and inefficiencies. Rig Hut’s gate system integrates payments with access control, ensuring only authorized users can enter. This improves both security and operational efficiency, addressing a critical industry challenge and enhancing the experience for drivers and operators alike.

• Key Features & Innovations: Rig Hut’s platform offers essential tools like inventory tracking, automated payments, and collections. Their latest gate hardware seamlessly integrates with any existing system, ensuring that only paid users gain access—reducing management burdens for landlords. By combining software and hardware, Rig Hut delivers a comprehensive, streamlined parking management solution.

• Vision for the Future: Rig Hut aims to be a leader in truck parking technology by focusing on automation and security. They continuously refine their solutions based on user feedback, ensuring their platform evolves to meet industry needs. Their long-term vision emphasizes a user-centric approach and a commitment to transforming truck parking management through innovation.

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^Transcript

_{Interview with Rig Hut: Truck Parking Innovation}

_{Host: Matt Hunsucker, iOS List}

_{Guests: Jake & Jose, Rig Hut}

_{Truck parking is a crucial yet often neglected part of the logistics industry. As demand for better parking solutions rises, Rig Hut is leading the charge with innovative technology. Join Jake and Jose as they share their journey from managing truck parking facilities to developing Rig Hut, a platform transforming the industry.}

_{Who Uses Rig Hut?}

• _{Jake: Our clients include independent landlords and large-scale operators. Institutional investment is also growing.}

_{Changes in Truck Parking}

• _{Jose: The industry consists of three key groups:}

  1. _{Small-scale owners using extra space.}

  2. _{Regional operators repurposing underused land.}

  3. _{Institutional investors expanding into multiple markets.}

_{Challenges in Scaling Truck Parking}

• _{Jake: Securing capital for site acquisitions and integrating automation are major hurdles.}

• _{Jose: Our software streamlines operations and improves efficiency.}

_{Truck Driver Experience}

• _{Jake: Many facilities lack automation, causing security and operational issues.}

• _{Jose: Our new access control system enhances security and simplifies entry.}

_{Current Features & New Product}

• _{Jake: Key platform features include:}

  • _{Inventory tracking and parking assignments.}

  • _{Automated payments, reminders, and collections.}

  • _{A seamless gate access system.}

• _{Jose: This reduces support calls and eases management.}

_{Market Trends & Pricing}

• _{Jake: Over the past two years, parking rates have mostly declined except in South Florida.}

• _{Examples: Southern California rates fell from $1.30/sq ft to $0.75–$0.90, while Port Newark remains at $50–$55/day.}

_{Future of Rig Hut}

• _{Jake: We aim to be the leading technology provider for truck parking, focusing on automation, security, and efficiency.}

• _{Matt: Excited to see what’s next! Keep up the great work.}

• _{Jake & Jose: Thanks, Matt!}

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