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Contents

   



(Top)
 


1 Services  





2 History  





3 C.H. Robinson acquisition  





4 References  





5 Sources  





6 External links  














Freightquote







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From Wikipedia, the free encyclopedia
 


Freightquote
IndustryLogistic Services
Founded1998

Number of locations

Kansas City, Missouri, United States

Key people

Tracy Kenison, Molly Schaar, Douglas Grojean
ProductsTransportation Brokerage Services
ParentC.H. Robinson Company, Inc.[1]
Websitewww.freightquote.com

Freightquote, a C.H. Robinson company,[2] is an online transportation brokeroffreight services throughout North America, based in Kansas City, Missouri. Their business provides comparisons of shipping rates for national and regional freight carriers.[3]

Services[edit]

Headquarters building in Kansas City, MO.

Freightquote developed a patented-technology platform to enable shippers to find competitive rates that can be compared[4] 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.[3][5]

History[edit]

Tim Barton founded Freightquote in August 1998.[3][6]

In December 2006, Great Hill Partners signed a deal to acquire a minority interest in the company.[7]

C.H. Robinson acquisition[edit]

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.[8][9][10]

References[edit]

  1. ^ Alonzo, Austin. "Freightquote deal: History, muscle join tech savvy". BizJournels. Retrieved 11 June 2015.
  • ^ "Freightquote, C.H. Robinson deal weds tech savvy with scale - Kansas City Business Journal". Kansas City Business Journal. Retrieved 2015-06-11.
  • ^ a b c "About Freightquote: U.S. Freight Shipping Company". Freightquote. Retrieved 2014-08-16.
  • ^ Ebay Business at Your Fingertips – Kevin Boyd. p. 113.
  • ^ "Freightquote.com, Inc.: Private Company Information - Businessweek". Businessweek.com. Retrieved 2015-06-16.
  • ^ "Freightquote.com Inc. - 2014/01/14 - Gale Company Profiles". Alacrastore.com. 2014-01-14. Retrieved 2014-08-16.
  • ^ "Great Hill Takes Stake in FreightQuote". The New York Times. December 14, 2006. Retrieved 17 March 2014.
  • ^ "Freightquote acquisition pleases analysts, markets - Kansas City Business Journal". Retrieved 2015-06-16.
  • ^ "Freightquote, C.H. Robinson deal weds tech savvy with scale - Kansas City Business Journal". Kansas City Business Journal. Retrieved 2015-06-16.
  • ^ "Robinson buys Freightquote.com for $365 million in cash; takes big step into LTL – DC Velocity". www.dcvelocity.com. Retrieved 2015-06-16.
  • Sources[edit]

    External links[edit]


    Retrieved from "https://en.wikipedia.org/w/index.php?title=Freightquote&oldid=1178137458"

    Categories: 
    Logistics companies of the United States
    Transport companies established in 1998
    Companies based in Kansas City, Missouri
    1998 establishments in Kansas
    Transportation companies based in Missouri
    2015 mergers and acquisitions
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    Articles with topics of unclear notability from October 2014
    All articles with topics of unclear notability
    Company articles with topics of unclear notability
    Articles lacking in-text citations from September 2023
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    This page was last edited on 1 October 2023, at 20:35 (UTC).

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