This article introduces 10 new freight companies shaping the way goods are moved worldwide. These pioneers leverage internet of things (IoT), predictive analytics, AI-based platforms, and collaborative robots to optimize freight operations. Their disruptive initiatives include AI-based platforms for route optimization, tracking systems for real-time cargo monitoring, predictive analytics for logistics management, and collaborative robots for the automation of repetitive tasks. These contributions signify a leap forward in operational effectiveness, safety, and customer satisfaction in the freight sector, thus redefining the landscape of global trade.
Continue reading to gain up-to-date and data-driven insights on:
Key Takeaways
Drawing insights from the Big Data & AI-powered StartUs Insights Discovery Platform that provides data on over 4.7+ million emerging companies globally, we explore the evolving landscape of the freight industry. This sector is marked by key trends and a substantial workforce, shaping its future. Here are some key insights at a glance:
- Current Freight Trends: The industry is advancing rapidly with key trends like the IoT, blockchain, AI, autonomous vehicles, augmented reality, and collaborative robots.
- Freight Industry Statistics: The sector encompasses 105K + organizations worldwide. On average, it employs around 46 people in 5.7K+ entrants founded in the last five years, witnessing 2020 as the average founding year. Moreover, the freight industry has received an average funding of 4.3 billion in the same period.
- 10 Top Freight Companies to Watch:
- Speedcargo – Automated Cargo Handling
- ClearD3 – B2B Price-Forecasting Engine
- Freight Collab – Digital Freight Collaboration
- Wisor.AI – Cloud-based Freight Forwarding
- Greenscreens.ai – Predictive Freight Pricing
- FreightFox – Smart Freight Procurement
- Kargolive – Digital Freight Forwarder & Innovative Logistics
- Cargodock – Logistics Management
- Kepler – Digital Freight Management
- IQAX – Smart Containers
Discover 10 Out of 5.7K+ Emerging Freight Companies
In this overview, we highlight 10 new freight companies reshaping the industry landscape. These companies utilize digital freight platforms, automated cargo handling systems, smart containers, freight procurement software, and price forecasting engines. Moreover, by leveraging algorithms, sensor technology, and predictive analytics, these innovators improve logistics efficiency, cargo security, and cost-effectiveness.
Note on Signal Strength
One of the unique metrics we feature for each company is Signal Strength, a proprietary data point generated by our Discovery Platform. It gauges the extent to which a company’s influence has permeated the global ecosystem of startups, scaleups, and emerging companies. This proprietary metric serves as a valuable guidepost for understanding a company’s standing in the broader market landscape.
1. Speedcargo
- Founding Year: 2020
- Employee Range: 2-10
- Location: Singapore
- Signal Strength: Very Strong
- What they do: Speedcargo offers an automated cargo handling system designed for the freight industry. This solution leverages proprietary vision and motion planning technologies to efficiently manage high-mix, high-volume, and high-payload cargo. The company integrates gantry robots equipped with precision sensors and versatile grippers to ensure consistent operations. Further, advanced grippers, including vacuum and fork variants, adapt to various cargo types, ensuring safe and dense packing. Speedcargo supports the entire supply chain by enhancing the speed and safety of cargo handling.
2. ClearD3
- Founding Year: 2021
- Employee Range: 11-50
- Location: Netherlands
- Signal Strength: Medium Strong
- What they do: ClearD3 develops a B2B price-forecasting engine designed for the freight transport industry. It leverages machine learning algorithms to analyze vast amounts of data, including market trends, fuel costs, and competitor pricing. Moreover, this solution continuously monitors the supply chain, highlighting potential disruptions and shifts in demand. This enables small freight companies to proactively adjust their strategies, ensuring they remain competitive in a volatile market. ClearD3 allows businesses to make data-driven decisions on pricing and capacity, thereby increasing profitability.
3. Freight Collab
- Founding Year: 2021
- Employee Range: 2-10
- Location: United States
- Signal Strength: Medium
- What they do: Freight Collab provides a digital freight collaboration platform that connects organizations with global freight forwarders and logistics companies. This solution enables them to exchange inquiries, negotiate rates, and finalize bookings directly. Further, the platform integrates secure international payments through FCPay, streamlining financial transactions. Freight Collab allows freight and logistics companies to receive and make payments, expand their business, and build strong relationships in a futuristic digital freight network.
4. Wisor.AI
- Founding Year: 2020
- Employee Range: 11-50
- Location: Israel
- Signal Strength: Very Strong
- What they do: Wisor.AI develops a cloud-based freight forwarding software to enhance operational efficiency and profitability. The track & trace feature utilizes real-time APIs for shipment tracking and status updates. Moreover, this solution offers a dashboard with business intelligence (BI) tools for data-driven decision-making and performance monitoring. An integrated CO2 emission control feature allows businesses to track and minimize their environmental footprint.
5. Greenscreens.ai
- Founding Year: 2020
- Employee Range: 11-50
- Location: USA
- Signal Strength: Very Strong
- What they do: Greenscreens.ai provides a predictive pricing infrastructure for the truckload spot rate market. The software leverages real-time market data and machine learning algorithms to predict optimal buy and sell rates for freight brokers. Further, it integrates with existing transportation management systems (TMS) to streamline data analysis and improve decision-making. The company offers dynamic market rate insights, personalized pricing recommendations, and quote confidence scores enabling freight brokers to secure better deals and optimize margins.
6. FreightFox
- Founding Year: 2020
- Employee Range: 11-50
- Location: India
- Signal Strength: Very Strong
- What they do: FreightFox utilizes a smart platform to optimize freight procurement for major supply chains. The platform includes features such as spend analysis on freight networks and optimal route configuration. Further, this solution leverages historical and real-time data to understand freight trends. FreightFox enables businesses to reduce costs, enhance operational efficiency, and optimize contract allocation.
7. Kargolive
- Founding Year: 2022
- Employee Range: 51-200
- Location: Morocco
- Signal Strength: Very Strong
- What they do: Kargolive develops a digital freight forwarder and logistics platform for real-time shipment updates. This solution covers sea, road, rail, and air freight, customs clearance, insurance, and distribution. By tracking the real-time status of goods, this platform allows for increased transparency and improved supply chain management. Kargolive enables businesses to connect with their shipments, track, manage, and reduce the number of stakeholders in the supply chain.
8. Cargodock
- Founding Year: 2021
- Employee Range: 2-10
- Location: Finland
- Signal Strength: Very Strong
- What they do: Cargodock provides logistics management software for freight forwarders to optimize operations and increase client retention. The platform automates repetitive tasks by offering centralized shipping information, automated organization of emails, and streamlined communication. Further, this cloud-based software securely backs up data on the drive, protecting sensitive business data against hackers. Freight forwarders benefit from increased bookings, streamlined team onboarding, and enhanced operational capacity.
9. Kepler
- Founding Year: 2022
- Employee Range: 11-50
- Location: UK
- Signal Strength: Very Strong
- What they do: Kepler specializes in digital freight management, leveraging AI and automation to streamline logistics operations. The platform incorporates a smart load board, real-time shipment recommendations, and AI-powered route optimization to optimize freight movement. Further, these features enable companies to efficiently match loads with suitable trucks based on location, truck type, and fuel consumption. Kepler transforms logistics operations by enhancing efficiency, streamlining processes, and providing real-time visibility for all stakeholders in the freight industry.
10. IQAX
- Founding Year: 2020
- Employee Range: 51-200
- Location: China
- Signal Strength: Very Strong
- What they do: IQAX utilizes IoT sensors and AI to monitor and optimize reefer containers throughout the shipping process. The smart containers provide real-time data on factors such as temperature and location, which reduces spoilage. Moreover, this technology enables carriers to reduce costs and improve customer satisfaction by tracking conditions, predicting maintenance needs, enhancing visibility, and optimizing pre-trip inspections (PTI).
Quick Tip to Find New Freight Companies
Utilizing a SaaS platform like the Discovery Platform for identifying new freight companies provides significant benefits compared to traditional scouting methods:
- Streamlined Efficiency: The Discovery Platform offers advanced tools that streamline the scouting process. It replaces your hours of conventional desk research, saving time and resources in identifying freight innovations.
- Access to Real-time Insights: Gain a competitive edge with up-to-date information on the latest trends in the freight industry. The platform keeps you informed with near real-time updates on emerging freight companies and news, enabling you to make swift and informed decisions.
- Tailored Exploration: Customize your search to focus on specific niches within the freight sector, such as smart containers, collaborative robots, or autonomous vehicles. The platform’s diverse filtering options allow you to target your scouting efforts precisely, ensuring that you find the most relevant and groundbreaking companies in the field.
Ready to Explore All New Freight Companies?
We’ve explored the dynamic landscape of the freight industry, examining the latest trends and spotlighting exceptional companies driving innovation. To dive deeper, download our free Logistics Report or schedule a demo of the Discovery Platform for a customized exploration of these groundbreaking developments.
