Freightquote
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Freightquote, a C.H. Robinson company,[1] is an online transportation broker of freight services throughout North America, based in Kansas City, Missouri, United States. Their business provides comparisons of shipping rates for national and regional freight carriers.[2]
Services
Freightquote developed a patented-technology platform to enable shippers to find competitive rates that can be compared[3] for their freight shipments, similar to that which travel websites provide. Performed online, customers input freight shipment information online, review carrier options, choose a carrier, book shipments and pay for services. The company extends this platform through API connections. E-commerce websites integrate the company's technology to provide their customers with freight cost estimating and booking capabilities.[2][4]
History
Tim Barton founded Freightquote in August 1998.[2][5]
In December 2006, Great Hill Partners signed a deal to acquire a minority interest in the company.[6]
C.H. Robinson acquisition
In early 2015, Freightquote was acquired by C.H. Robinson, a third-party logistics firm based in Eden Prairie, MN, specializing in logistics and supply chain services, including freight transportation. The acquisition connects C.H. Robinson’s global supply chain services with the strong e-commerce presence and customer base of Freightquote.[7][8][9]
References
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- ↑ Ebay Business at Your Fingertips – Kevin Boyd. p. 113.
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Sources
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- Trucking in growth: Freightquote carries the revenue load by investing in service and technology - Kansas City Business Journal
- Freightquote.com buys Pennsylvania firm - Kansas City Business Journal
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