Freightquote, a C.H. Robinson company, 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.
Services
Freightquote developed a patented-technology platform to enable shippers to find competitive rates that can be comparedEbay Business at Your Fingertips – Kevin Boyd. p. 113. 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.
History Tim Barton founded Freightquote in August 1998.
In December 2006, Great Hill Partners signed a deal to acquire a minority interest in the company.
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.
References
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
External links Freightquote on the Inc 5000 list 2006 Logistics Partner of the Year