Where should one go on the Web to find quotes for freight carriers? Freightquote.com, silly. The company rates, schedules, and tracks all types of freight, comparing numerous carriers in seconds through its free service. Freightquote serves customers across North America who use its services to schedule and track their shipments entirely on the Web. It also offers free online freight shipping quotes. Modes of freight transport include trucks, airplanes, and ships. The company moves more than one million shipments across North America per year. Freightquote was founded in 1998 by Timothy Barton. It has received funding from investment firms such as Menlo Ventures and Morgan Stanley Venture Partners.
Freightquote organizes its freight solutions in categories that meet customer's different needs, including truckload (TL), less than truckload (LTL freight), expedited LTL, or intermodal (shipping by rail). The firm also offers custom logistics solutions such as project freight (a solution for projects with multiple-shipments) and freight spend analysis.
The company also operates subsidiary Rockwell Transportation Services, a Pennsylvania-based transportation brokerage provider specializing in truckload, less than truckload, and intermodal solutions for shippers. Its transportation management system, Freightview, allows customers to streamline and automate the shipping process.
To accomodate the company's recent growth, Freightquote is moving its corporate headquarters to a larger facility in Kansas City, Missouri. The new building will be 200,000 square feet and is set to open in 2013. The move is a response to increased demand.
Freightquote continues to maintain growth with a 24% year-over-year revenue increase since 2004. In 2011 annual sales increased to more than $500 million, up from $400 million in 2010. – less