Spot Freight

Third-party logistics provider for freight management

Indianapolis, Indiana, United States

About Spot Freight

Spot Freight is a third-party logistics provider that focuses on making the process of quoting, booking, and tracking freight easier for both carriers and shippers. Their main product is a technology platform called MySpot, which offers tools for carriers to manage their relationships with shippers, book loads, and receive payments quickly. For shippers, MySpot provides access to freight quotes, load boards, and real-time tracking to ensure timely deliveries. Unlike many competitors, Spot operates without external funding, allowing them to prioritize customer service and maintain control over their growth. The goal of Spot Freight is to streamline transportation networks for their clients, helping them manage their supply chains efficiently.

Indianapolis, IndianaHeadquarters
2009Year Founded
VENTURE_UNKNOWNCompany Stage
Automotive & Transportation, Enterprise SoftwareIndustries
201-500Employees

Benefits

Professional Development Budget
Mental Health Support

Risks

Increased cargo theft rates pose a significant threat to Spot's logistics operations.
The logistics market's revenue decline could impact Spot's financial performance.
Expanding into new office spaces like Chicago involves substantial financial investment risks.

Differentiation

Spot operates without external investors, allowing organic growth and customer-focused innovation.
The MySpot platform offers comprehensive tools for carriers and shippers, enhancing efficiency.
Spot's commitment to security is strengthened by joining Verisk's CargoNet to combat cargo theft.

Upsides

Spot's inclusion in the Top 100 Freight Brokerage list highlights its industry leadership.
The launch of MySpot and a new website marks Spot's commitment to technological innovation.
Spot's recognition as a Top Workplace underscores its strong employee-focused culture.