FreightWeb recently launched its partial truckload transportation service backed by funding from Madrona Venture Group and 8VC.
FreightWeb said in a statement that its mission is to provide shippers with a partial truckload transportation service that is reliable, easy to use and cost-effective. The service provides:
- instant rate quotes and booking on https://myfreightweb.com
- competitive prices for loads of any size tied to the dimensional/weight capacity consumed (saving shippers an average of 25% over full truckload-based pricing, according to the company)
- timely delivery with 24-hour customer support
Partial truckload shipments are typically defined as loads of between 6 and 20 pallets, according to the company, and don’t fit neatly into the current freight service offerings of the trucking industry. Freight Web’s statement said less than truckload carriers can be an unpredictable and often more expensive solution for larger shipments. Conversely, full truckload freight service is optimized for 26 to 30 pallet loads that use all the space in a truck.
This, according to FreightWeb, leaves a gap for shippers who need to move a partial truckload of freight. Unlike with LTL and FTL shipments, there hasn’t historically been a way to get automated price quotes for PTL shipments. As a result, shippers that only need to ship half a truckload of freight often have to pay for the whole truck, or spend hours tracking down a quote, said FreightWeb.
The FreightWeb team has 50 combined years of experience in logistics, with previous leadership roles at FedEx, Amazon, and leading carriers and brokerages. “We’ve spent 20 years obsessing over how to create the best possible partial truckload service,” said Will Payson, co-founder, and CEO. “We’ve got the know-how, technology and focus to make partial truckload shipping easy, reliable, and cost-effective for our customers.”
“Trucking is a large and essential component of the U.S. economy that has seen relatively little innovation,” said Scott Jacobson, managing director at Madrona Venture Group. “The opportunities to apply technology to improve efficiency and reduce waste are tremendous. FreightWeb is addressing a particularly underserved segment of the market with a simple, easy-to-use service that is better for both shippers and carriers. The founding team has the right mix of deep industry experience and bias for invention to make a big dent in the market, and we are excited to partner with them on this journey.”
FreightWeb’s said its partial truckload service saves shippers an average of 25% on trucking costs while it also reduces CO2 emissions by 35%.
“We haven’t historically been able to service our customers’ partial truckload needs with the speed, efficiency, and service level they expect for LTL and full truckload,” said Corey Peterson, director of branch operations at Circle Logistics. “FreightWeb provides an intuitive interface with fast and easy quoting, booking, and tracking. Their solution enables us to extend our relationship with existing customers, and broaden our offering to attract new customers.”
FreightWeb also will soon launch an owner-operator based partial truckload carrier operation across Southern California, Arizona, and Texas. Marty Sinicrope, FreightWeb’s COO said, “Our owner-operators are our face to the customer. Our focus on partial truckload both enables and requires us to provide our drivers with superior earnings potential and a driver-friendly work environment.”
Carriers, shippers, and agents interested in learning more about FreightWeb can visit the company’s website.