In The News

If you’re a journalist looking for newsworthy stories and companies, our Media Kit will help you quickly learn more about the Freightera story, our people and company culture, milestones, public engagement, awards, and media coverage. Download the PDF version of our 2023 Media Kit here. Email us at media@freightera.com for more information.

We suggest you also visit our Company page, Customer Reviews, Green Freight and Freightera Blog.

While many logistics firms are still battling the “Great Freight Recession,” Vancouver‑based Freightera just closed its 11th year on a high note. In 2024 the low‑emission freight marketplace grew revenue 31.4%, expanded its automated division 35.8%, and lifted EBITDA a remarkable 270%—all with under $8 million raised to date.

Today more than 25,000 shippers quote, compare, and book cross‑border LTL and FTL on Freightera’s platform, choosing fixed, all‑inclusive rates and seeing the exact carbon footprint of every option via SmartWay™‑verified data. The results: over half of customers cut freight emissions by 20 %+ last year; nearly 700 reduced by 40 %+; and 136 slashed emissions more than 70 %, often while saving money.

With net revenue retention at 109.8 % and rising investor interest, Freightera plans to take its profitable, climate‑aligned model global. “We’re not just automating freight,” says CEO Eric Beckwitt. “We’re making shipping better for businesses and the planet—and we’re only getting started.”

Freightera, North America’s largest low-emission online freight marketplace, is celebrating 11 years of service with accelerating growth, strong profitability, and an unmatched environmental impact for customers. In a year when many logistics firms struggled, Freightera grew revenue by 31.4%, expanded its automated freight division by 35.8%, and improved EBITDA by 270%—all while helping thousands of businesses cut costs and freight emissions.

How To Hire A Shipping Company in Vancouver?

Well, the good news is that it is not a tough process. You need to have a steady approach. Start by drawing up a list of credible companies and then start researching on them individually. Compare every single aspect properly to know that you are getting the best for every penny you spend.

Once you have selected a company, get in touch with the representative and ask for a price quotation. Also, you must read the terms and conditions on their contract before you finalize things with them.

The Digital Freight Matching (DFM) Market is reshaping the logistics and transportation industry, and offering innovative solutions that connect shippers and carriers seamlessly. By leveraging advanced technologies such as real-time data, algorithmic matching, and digital platforms, DFM is streamlining the freight process, improving efficiency, and optimizing supply chains like never before.

This rapidly growing market addresses key challenges in logistics by enhancing visibility, reducing costs, and enabling smarter decision-making. With tools that automate processes and minimize delays, DFM platforms empower shippers to track shipments, optimize routes, and achieve significant cost reductions. However, the industry still faces hurdles, including resistance to adopting new technologies and data security concerns, which stakeholders must address to unlock its full potential.

Leading players like Freightera, Uber Freight, and Convoy drive innovation in this space, make freight matching faster, more transparent, and cost-effective. As the DFM market evolves, it offers enormous opportunities for businesses to embrace technology-driven solutions, paving the way for a more efficient and sustainable future in freight logistics. Explore the full article to learn how these platforms are transforming the industry and what it means for shippers and carriers alike.

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Canada’s research and applied strengths in artificial intelligence and machine learning, Internet of Things, data-driven optimization methods and increasingly blockchain technologies position Canada as a leader in Industry 4.0. Manufacturers believe that a combination of smart devices, AI and machine learning hold the key to solve global supply chain issues.

Further development of capabilities in robotics and automation, connected and autonomous vehicles (as the Ontario government is embracing) and UAVs would give Canadian companies a competitive advantage and help solve issues of potential future workforce shortages.

Read the whole story on globaladvantageconsulting.com

In an exciting step forward for sustainable freight shipping, Freightera has partnered with Purolator, a renowned freight shipping solutions provider. Our collaboration is part of a larger movement toward zero-emission freight transportation in Canada, and we hope to bring Purolator’s zero-emissions first and last-mile solutions directly to Freightera’s customers.

Purolator, known for its forward-thinking approach to sustainability, is committed to becoming Canada’s greenest courier and freight transporter, while Freightera is committed to being a leader in promoting green freight transport and carriers.

Freightera’s platform is already making a significant impact. Based on Freightera’s analysis of US EPA data, by using their platform, 149 shippers reduced their emissions by 50% or more, 882 companies reduced emissions by 20% or more, and the average shipper reduced emissions by 14.5% in 2022.

You can read the original press release here.

The Canadian trucking industry is grappling with challenging times, marked by inflation, rising costs, and a significant drop in consumer demand. Amid these turbulent conditions, Freightera has emerged as a beacon of hope for smaller enterprises struggling with high freight rates.

Over the past two years, the cost of new tractors has soared from $135,000 to $225,000, and trailers have doubled in price. Simultaneously, freight rates have plummeted, leaving many small trucking companies facing severe financial strain.

The industry has shed over 20,500 driver jobs in the first quarter of the year alone, heavily impacting small fleets that rely on the spot market for shipments. The recent bankruptcy of Yellow Corp. highlights the financial pressures within the industry, especially for less-than-truckload (LTL) services that face fierce competition.

Freightera’s innovative digital platform offers a solution by allowing small businesses to find competitive freight rates efficiently. This has been particularly beneficial for mom-and-pop shops struggling to secure affordable shipping options amidst volatile market conditions.

Read more about it at theglobeandmail.com

Digital freight marketplaces have revolutionized the logistics industry, offering streamlined processes and innovative solutions to connect shippers with carriers. In a comprehensive overview by Archana Krishnasamy on LinkedIn, various platforms are highlighted for their unique contributions to the sector.

Freightera stands out for its focus on sustainable and eco-friendly shipping options, providing shippers with a digital marketplace that emphasizes efficiency and environmental responsibility. This platform, among others like Uber Freight, Convoy, and Loadsmart, demonstrates the diverse capabilities and advantages of digital freight solutions in today’s logistics landscape.

Freightera’s commitment to sustainability positions it as a key player in the industry, offering competitive rates and robust service to its users.

To read the full article, visit https://www.linkedin.com/pulse/digital-freight-marketplaces-logistics-archana-krishnasamy-ezhpc/.

Freightera’s innovative approach to digitizing freight has positioned it as a standout solution in a struggling logistics industry. Amid a broader “global freight recession,” the company posted an impressive 140% year-over-year profit growth in Q3 2023. This achievement contrasts sharply with industry giants like C.H. Robinson, which saw a 62% decline in earnings, and the bankruptcies of Yellow Freight and Convoy.

Freightera’s success is driven by its “win-win model,” where trucking companies set their own rates, allowing small to mid-sized businesses to find the best price and lowest emission options. This approach not only offers competitive pricing but also emphasizes sustainability, with over 130 firms reducing their net CO2e emissions by 50% or more by using Freightera.

Based in Vancouver, Freightera serves over 22,500 businesses across North America, and this story highlights how our digital freight marketplace can provide resilience and growth opportunities even in tough economic times.

For more details, read the full articles here and here.

Freightera CEO Eric Beckwitt will be presenting at GIC Trade Show and Conference on October 25th.

The event will take place at the Toronto Congress Centre and focus on innovations by and for grocery retailers, manufacturers, distributors, and more. Please visit Freightera booth #628 on October 25 or 26. Say hello and ask Freightera team for GIC conference special offers at the booth.

Eric Beckwitt will be presenting at the Interac Insights & Innovations Stage on October 25th at 3 pm EST.

He will be talking about freight marketplaces and other innovative shipping solutions that are both sustainable and affordable.

“Whether they’re based in Vancouver or tiny Tara, Ont., have five employees or 7,500, one thing unites them: They’ve all managed to grow through some of the most tumultuous years on record.”

Numerous companies are popping up in numerous fields every day, but it isn’t easy to stay in the game year after year, let alone grow. That’s why we’re super happy and proud to be featured on this year’s list, once again. Our revenue growth over the past three years was 237%.

To see the full list of all the interesting companies that have grown significantly over the last three years, check out Glove and Mail’s full list here.

VANCOUVER, British Columbia, June 1, 2022 (Newswire.com) – Freightera, the innovative award-winning freight marketplace serving businesses with instant freight quotes in the USA and Canada, just announced the release of a significantly upgraded quoting engine. This makes the largest freight rate inventory in North America more accessible for businesses struggling with lack of transport availability and high prices. All-inclusive fixed-cost online freight quotes at Freightera now load faster and more reliably, allowing users to interact with them right away.

Freightera’s Quote Machine™ was slowing down, processing over 20 billion rates connecting thousands of cities and towns in the USA, Canada, and cross-border. “Freightera’s engineers had to rethink the loading strategy and rose to the challenge of rebuilding the rocket mid-flight with no downtime or disruption to the users,” says Eric Beckwitt, Freightera CEO. “Not much has changed with the look users know, but the speed and interactivity make a better experience. We’re receiving good feedback from customers and are excited to invite new companies to Freightera.