# Andrew Leto

> Andrew Leto is a logistics technology founder and investor based in Scottsdale, Arizona. He co-founded GlobalTranz, served as its CEO until March 2016, founded shipment-visibility company 10-4 Systems, and co-founded Emerge with his brother Michael in 2017. Emerge named Mark McEntire CEO in September 2026, with Leto returning to the Founder role. His public interviews focus on freight procurement, carrier access and the economics of building businesses.

- **Role:** Founder at Emerge
- **Organizations:** GlobalTranz, 10-4 Systems, Emerge, Arcturus Venture, MyCarrier, Roadrunner, United States Navy
- **Education:** Horizon High School
- **Known for:** Built GlobalTranz with Michael Leto; the company reported $484 million annual revenue and more than 25,000 shippers at its March 2016 CEO handover., Founded 10-4 Systems, acquired by Trimble in September 2017 for undisclosed terms., Co-founded Emerge, which announced a $130 million Series B in September 2021.

## Career timeline

- **1996-2001** — Served as a sonar technician in the United States Navy; dates listed by Crunchbase.
- **2003** — Founded GlobalTranz; built the business with his brother Michael.
- **2012** — Founded 10-4 Systems; the founding year is listed by Crunchbase.
- **2016** — Bob Farrell succeeded him as GlobalTranz CEO in March; Leto continued on the board.
- **2017** — Co-founded Emerge with Michael Leto; Trimble announced its acquisition of 10-4 Systems on September 13.
- **2021** — Led Roadrunner’s $50 million equity raise with a $10 million investment; Emerge announced a $130 million Series B.
- **2025** — Discussed his career and investment approach on The Freight Pod, episode 72, released July 30.
- **2026** — Returned to Emerge’s Founder role as Mark McEntire became CEO on September 2.

## Achievements

- Built GlobalTranz with Michael Leto; the company reported $484 million annual revenue and more than 25,000 shippers at its March 2016 CEO handover.
- Founded 10-4 Systems, acquired by Trimble in September 2017 for undisclosed terms.
- Co-founded Emerge, which announced a $130 million Series B in September 2021.
- Invested $10 million to lead Roadrunner’s $50 million equity financing in 2021.

## Latest updates

- **2026-09** — Emerge named Mark McEntire CEO effective September 2; Andrew Leto returned to the Founder role and Michael Leto continued as President.
- **2026-09** — Emerge published a September 9 recap of Leto’s Freight Caviar discussion about using AI to see more freight-market options; his cited 10-20% differences are his argument, not a guaranteed result.

## Links

- Website: https://www.arcturusventure.com/our-team
- LinkedIn: https://www.linkedin.com/in/andrew-leto-6545584/
- Twitter/X: https://x.com/globaltranz1

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Profile page: https://yespress.io/andrew-leto
Published by YesPress — https://yespress.io
Last updated: 2026-10-15