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Truckstop Acquires Freightfriend To Deliver Intelligent, Relationship-First Freight Matching

PRIVATEJul 18, 2023

Acquiring Company

truckstop.com

Acquired Company

FreightFriend

BoiseTransportationTravelSoftwareLogistics

Description

Truckstop today announced it has acquired the FreightFriendSM cloud-based capacity and freight management solution that harnesses the power of AI to manage relationships, find capacity and match freight with greater efficiency.

Quick answer

truckstop.com is acquiring FreightFriend, announced July 18, 2023. truckstop.com is based in Boise, Idaho, United States.

How much did truckstop.com pay for FreightFriend?
The deal value was not disclosed.
What does truckstop.com do?
truckstop.com is a trusted partner for carriers, brokers, and shippers, empowering the freight community through a platform of innovative solutions for the entire freight lifecycle to help increase efficiency, automate..
Where are truckstop.com and FreightFriend based?
truckstop.com is based in Boise, Idaho, United States.
Who are the decision-makers at truckstop.com?
Fundz holds 1 contact at truckstop.com. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Other recent acquisitions in Transportation and Travel

Deals where the buyer or target shares a sector with this one, within 45 days, from Fundz verified event records.

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Company Information

Company

truckstop.com

Location

Boise, Idaho, United States

About

truckstop.com is a trusted partner for carriers, brokers, and shippers, empowering the freight community through a platform of innovative solutions for the entire freight lifecycle to help increase efficiency, automate processes, and accelerate growth. As one of the industry's largest neutral freight marketplaces, truckstop.com provides the customer service as well as scale of quality loads and trucks to give customers of all sizes, whether on the road or in the office, the transparency and freedom to build lasting relationships and grow their businesses.

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Frequently asked

Who acquired FreightFriend?

FreightFriend was acquired by truckstop.com, based in Boise. The deal was reported on July 18, 2023. truckstop.com is privately held and operates in Transportation.

When did truckstop.com acquire FreightFriend?

truckstop.com's acquisition of FreightFriend was reported on July 18, 2023. Truckstop today announced it has acquired the FreightFriendSM cloud-based capacity and freight management solution that harnesses the power of AI to manage relationships, find capacity and match freight with greater efficiency. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does FreightFriend do?

FreightFriend is a cloud-based truckload procurement solution that harnesses the power of AI to find capacity and match freight. It is privately held, operating in Software.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

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