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Industry | Logistic Services |
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Founded | 1998 |
Number of locations | Kansas City, Missouri, United States |
Key people | Tracy Kenison, Molly Schaar, Douglas Grojean |
Products | Transportation Brokerage Services |
Parent | C.H. Robinson Company, Inc. [1] |
Website | www.freightquote.com |
Freightquote, a C.H. Robinson company, [2] is an online transportation broker of freight services throughout North America, based in Kansas City, Missouri. Their business provides comparisons of shipping rates for national and regional freight carriers. [3]
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]
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]
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]