FreightWise
FreightWise is an American logistics technology company based in Brentwood, Tennessee that provides cloud based software (Shipper TMS) and insights for transportation operations.[1] The company has customers across America and Canada. FreightWise developed a connected operations cloud platform that provides insights to physical operations organizations in the transportation, and supports the safety and efficiency of those operations.
History
[edit]The company was founded in Brentwood, TN in 2015 and is led by CEO Chris Cochran.[2][3] Before founding FreightWise, Cochran co-founded TracBack Solutions, a parcel shipments auditing technology and services company that sold to AFS Logistics in 2013.[4][5]
FreightWise listed on the 2nd spot in the Inc. 5000 list of the fastest growing companies in the United States in 2019.[5][6][7] The company, since that time, has been listed on the Inc 5000 list 6 times.
In 2022, the company secured funding from 3 private equity firms, including late-stage venture capital funding, led by Unigestion.[8]
In 2023, FreightWise acquired the Kuebix transportation management system (TMS) platform from Trimble which previously acquired the company for $220m. The combination of the two companies made FreightWise one of the largest Shipper TMS platforms in North America. [9][10][11]
FreightWise's customers include Meta, Great Plains Manufacturing and American Cast Iron Pipe Company .[4][8]
References
[edit]- ^ Lindsey Tipton (18 December 2023). "Governor Lee, Commissioner McWhorter Announce FreightWise, LLC to Expand Brentwood Headquarters". Tennessee Government. Tennessee Department of Economic and Community Development.
- ^ Ian Bradley (18 December 2023). "FreightWise LLC announces $2 million investment to expand Brentwood offices". Bizjournals.
- ^ "FreightWise". INC.
- ^ a b John Paul Hampstead (16 August 2019). "Getting to know FreightWise, the second-fastest growing company in the U.S." FreightWaves.
- ^ a b Kevin J. Ryan (14 August 2019). "This Company Succeeds by Putting a Dollar Value on Every Employee". INC.
- ^ Joel Stinnett (14 August 2019). "Brentwood-based FreightWise ranks No. 2 on the newest Inc. 5000". Bizjournals.
- ^ John Paul Hampstead (14 August 2019). "New Inc 5000 list flush with transport and logistics companies". FreightWaves.
- ^ a b Adam Sichko (8 April 2022). "Exclusive: FreightWise snags 'significant' investment from trio led by Swiss giant Unigestion". Bizjournals.
- ^ Adam Sichko (9 November 2023). "FreightWise buys fellow shipping software company that last sold for $200M". Bizjournals.
- ^ Noi Mahoney (9 November 2023). "FreightWise acquires TMS provider Kuebix from Trimble". FreightWaves.
- ^ Staff (9 November 2023). "FreightWise buys Kuebix TMS platform from Trimble". Supply Chain Exchange.