{{Short description|Transportation broker of freight services}} {{Multiple issues| {{notability|Companies|date=October 2014}} {{more footnotes needed|date=September 2023}} }} {{Infobox company | name = Freightquote | logo = Freightquote logo.svg | founded = {{Start date and age|1998}} | key_people = Tracy Kenison, Molly Schaar, Douglas Grojean | industry = Logistic Services | products = Transportation Brokerage Services | website = [http://www.freightquote.com/ www.freightquote.com] | locations = Kansas City, Missouri, United States | parent = C.H. Robinson Worldwide, Inc.<ref name=":2">{{cite web|last1=Alonzo|first1=Austin|title=Freightquote deal: History, muscle join tech savvy|url=http://www.bizjournals.com/kansascity/print-edition/2014/12/05/freightquote-sale-history-muscle-join-tech-savvy.html?page=all|website=BizJournels|access-date=11 June 2015}}</ref>}}
'''Freightquote''', a C.H. Robinson company,<ref>{{Cite web|title = Freightquote, C.H. Robinson deal weds tech savvy with scale - Kansas City Business Journal|url = http://www.bizjournals.com/kansascity/print-edition/2014/12/05/freightquote-sale-history-muscle-join-tech-savvy.html?page=all|website = Kansas City Business Journal|access-date = 2015-06-11}}</ref> is an online transportation broker of freight services throughout North America, based in Kansas City, Missouri, United States. Their business provides comparisons of shipping rates for national and regional freight carriers.<ref name=":0" />
==Services== thumb|Headquarters building in Kansas City, MO.
Freightquote developed a patented-technology platform to enable shippers to find competitive rates that can be compared<ref>[https://books.google.com/books?id=GlHPbNismUwC&pg=PA113 Ebay Business at Your Fingertips – Kevin Boyd<!-- Bot generated title -->]. p. 113.</ref> for their freight shipments, similar to that which travel websites provide. Performed online, customers input freight shipment information online, review carrier options, choose a carrier, book shipments and pay for services. The company extends this platform through API connections. E-commerce websites integrate the company's technology to provide their customers with freight cost estimating and booking capabilities.<ref name=":0" /><ref>{{Cite web|title = Freightquote.com, Inc.: Private Company Information - Businessweek|url = https://www.bloomberg.com/research/stocks/private/snapshot.asp?privcapId=92754|website = Businessweek.com|access-date = 2015-06-16}}</ref>
==History== Tim Barton founded Freightquote in August 1998.<ref name=":0">{{cite web|url=http://www.freightquote.com/about/ |title=About Freightquote: U.S. Freight Shipping Company |publisher=Freightquote |access-date=2014-08-16}}</ref><ref>{{cite web|url=http://www.alacrastore.com/storecontent/bir/927325 |title=Freightquote.com Inc. - 2014/01/14 - Gale Company Profiles |publisher=Alacrastore.com |date=2014-01-14 |access-date=2014-08-16}}</ref>
In December 2006, Great Hill Partners signed a deal to acquire a minority interest in the company.<ref>{{cite news | url=https://dealbook.nytimes.com/2006/12/14/great-hill-takes-stake-in-freightquote/?_php=true&_type=blogs&_r=0 | title=Great Hill Takes Stake in FreightQuote | newspaper=The New York Times | date=December 14, 2006 | access-date=17 March 2014}}</ref>
== C.H. Robinson acquisition == In early 2015, Freightquote was acquired by C.H. Robinson, a third-party logistics firm based in Eden Prairie, MN, specializing in logistics and supply chain services, including freight transportation. The acquisition connects C.H. Robinson's global supply chain services with the strong e-commerce presence and customer base of Freightquote.<ref>{{Cite web|title = Freightquote acquisition pleases analysts, markets - Kansas City Business Journal|url = http://www.bizjournals.com/kansascity/news/2014/12/05/freightquote-acquisition-pleases-analysts-markets.html|access-date = 2015-06-16}}</ref><ref>{{Cite web|title = Freightquote, C.H. Robinson deal weds tech savvy with scale - Kansas City Business Journal|url = http://www.bizjournals.com/kansascity/print-edition/2014/12/05/freightquote-sale-history-muscle-join-tech-savvy.html?page=all|website = Kansas City Business Journal|access-date = 2015-06-16}}</ref><ref>{{Cite web|title = Robinson buys Freightquote.com for $365 million in cash; takes big step into LTL – DC Velocity|url = http://www.dcvelocity.com/articles/20141202-robinson-buys-freightquotecom-for-365-million-in-cash-takes-big-step-into-ltl/|website = www.dcvelocity.com|access-date = 2015-06-16}}</ref>
==References== {{reflist}}
==Sources== * {{cite news | url=https://blogs.wsj.com/venturecapital/2010/01/20/the-100-million-revenue-club-freightquotecom/ | title=The $100 Million Revenue Club: Freightquote.com | newspaper=The Wall Street Journal | date=January 20, 2010 | access-date=17 March 2014 | author=Barry, David}} * {{cite web | url=http://www.columbiatribune.com/business/freightquote-plans-to-add-jobs-in-kansas-city/article_f3b66918-8839-11e3-9f5a-10604b9f6eda.html | title=Freightquote plans to add 400 jobs in Kansas City | publisher=Columbia Daily Tribune | date=January 28, 2014 | access-date=17 March 2014 | author=(Associated Press)}} * {{cite web | url=http://governor.mo.gov/news/archive/gov-nixon-joins-company-officials-mayor-james-opening-new-freightquote-corporate | title=Gov. Nixon joins company officials, Mayor James in opening new Freightquote corporate headquarters in Kansas City | publisher=Office of Missouri Governor Jay Nixon | date=July 16, 2013 | access-date=17 March 2014}} * {{cite web | url=http://news.msn.com/us/video?videoid=4af2be7a-ed92-402a-9220-63d298c671c4 | title=Freightquote breaks ground on Mo. offices | publisher=MSN News | access-date=17 March 2014 | archive-url=https://web.archive.org/web/20140317195836/http://news.msn.com/us/video?videoid=4af2be7a-ed92-402a-9220-63d298c671c4 | archive-date=17 March 2014 | url-status=dead }} (video) * {{cite web | url=http://fox4kc.com/2012/08/14/freightquote-com-set-to-break-ground-on-new-44m-headquarters/ | title=Freightquote.com Breaks Ground on New $44M Headquarters | publisher=Fox News (Kansas City) | date=August 14, 2012 | access-date=17 March 2014 | author=Quinn, Kathy}} * {{cite web | url=http://fox4kc.com/2013/07/16/feightquote-leaves-kansas-for-missouri/ | title=Freightquote leaves Kansas for Missouri | publisher=Fox News (Kansas City) | date=July 16, 2013 | access-date=17 March 2014 | author=Stewart, Matt}} * [http://kansascity.bizjournals.com/kansascity/stories/2007/06/04/focus7.html Trucking in growth: Freightquote carries the revenue load by investing in service and technology - Kansas City Business Journal<!-- Bot generated title -->] * [http://kansascity.bizjournals.com/kansascity/stories/2007/01/08/daily7.html Freightquote.com buys Pennsylvania firm - Kansas City Business Journal<!-- Bot generated title -->] * {{cite web | url=http://www.rejournals.com/2013/07/18/red-brokerage-van-trust-real-estate-bring-online-shipping-company-to-kansas-city/ | title=RED Brokerage, Van Trust Real Estate bring online shipping company to Kansas City | publisher=RE Journals | date=July 18, 2013 | access-date=17 March 2014 | author=Rafter, Dan | archive-url=https://web.archive.org/web/20140317195904/http://www.rejournals.com/2013/07/18/red-brokerage-van-trust-real-estate-bring-online-shipping-company-to-kansas-city/ | archive-date=17 March 2014 | url-status=dead }}
==External links== * [http://www.inc.com/inc5000/2007/company-profile.html?id=200711840 Freightquote on the Inc 5000 list ] * [http://www.accessmylibrary.com/coms2/summary_0286-17693389_ITM 2006 Logistics Partner of the Year]
{{US logistics}}
{{DEFAULTSORT:Freightquote}} Category:Logistics companies of the United States Category:Transport companies established in 1998 Category:Companies based in Kansas City, Missouri Category:1998 establishments in Kansas Category:Transportation companies based in Missouri Category:2015 mergers and acquisitions