Fifth Wheel Freight

Third-party logistics and transportation services

Kentwood, Michigan, United States

About Fifth Wheel Freight

Fifth Wheel Freight provides third-party logistics and transportation services, acting as a bridge between shippers who need to transport goods and carriers who handle the transportation. The company operates a selective network of carrier partners, which allows it to offer flexible and efficient transportation solutions tailored to the needs of its clients. FWF generates revenue by charging fees based on the volume and complexity of shipments, and it enhances its services with value-added options like streamlined processes for carriers and fast payments through TriumphPay. What sets FWF apart from competitors is its commitment to transparency, proactive service, and a collaborative work environment, which fosters a strong team dedicated to optimizing supply chain operations. The company's goal is to provide reliable and scalable transportation solutions while ensuring operational efficiency and sustainable growth.

Kentwood, MichiganHeadquarters
2012Year Founded
$1.9MTotal Funding
GRANTCompany Stage
Automotive & TransportationIndustries
51-200Employees

Benefits

Health Insurance
Dental Insurance
Vision Insurance
Life Insurance
Disability Insurance
401(k) Retirement Plan
401(k) Company Match
Paid Vacation
Paid Sick Leave
Paid Holidays
Parental Leave
Employee Assistance Programs
Gym Membership

Risks

Rising fuel costs may impact FWF's transportation expenses and profitability.
Driver shortages could lead to increased operational costs and service delays for FWF.
Sustainability pressures may require FWF to invest in costly eco-friendly technologies.

Differentiation

FWF offers both LTL and TL shipping, providing flexibility for diverse client needs.
Partnership with TriumphPay ensures fast, secure payments, enhancing carrier relationships.
FWF's proactive approach and transparency build trust with shippers and carriers.

Upsides

Digital freight matching platforms streamline operations, reducing costs for FWF.
Autonomous trucking technology could reduce labor costs and increase delivery efficiency.
E-commerce growth drives demand for LTL and TL services, expanding FWF's opportunities.

Funding

Total raised$1.95 M
StageGRANT