New Partnership will Broaden Networks and Enhance Offerings for Drivers
MIAMI, FL – December 1 – SmartHop, an innovative technology company built by experienced trucking professionals solving the industry’s most perplexing problems, today announced its strategic partnership with Loadsmart, a leading digital freight technology company.
The news follows SmartHop’s rapid growth in the last few months with an expanded executive team and $4.5M seed funding round, and comes at a time when high transportation demand is up against a historic driver shortage.
“Spot market demands are increasing, and with the holidays ahead, small carriers and independent drivers are operating in a unique environment,” said Guillermo Garcia, CEO and co-founder of SmartHop. “Through this partnership, we are bringing more load opportunities for drivers who want to play between the spot and contract market.”
Loadsmart’s advanced freight technology simplifies the way shippers move their products. While the company has a robust carrier network, its truck base skews towards carriers with 50 or more trucks.
This integration with SmartHop’s platform extends the reach of Loadsmart’s users while fueling SmartHop’s offerings. Loadsmart’s Load Offer API enables small carriers and owner operators to see, review and book loads that suit their needs with greater ease, ultimately lowering barriers to entry for new drivers and streamlining time-consuming and expensive processes for established owner-operators.
“SmartHop’s strong carrier base largely consists of owner operators and fleets with ten or fewer trucks,” said Hunter Yaw, VP of Product at Loadsmart. “This partnership allows us to diversify our carrier base and reach new, quality drivers.”
For more information on the partnership or to sign up as a driver, visit: www.smarthop.co
Transforming the future of freight, Loadsmart leverages artificial intelligence, machine learning and strategic partnerships to automate how freight is priced, booked and shipped. Pairing advanced technologies with deep-seated industry expertise, Loadsmart fuels growth, simplifies operational complexity and bolsters efficiency for carriers and shippers alike. For more information, please visit: https://loadsmart.com.
In 2019, North American truckers moved nearly 12 billion tons of freight. In short, truckers move the world. SmartHop is here to move with them as their trusted copilot. SmartHop uses artificial intelligence to deliver smart load recommendations, full-service back-office support, performance tracking and digital bookings at guaranteed above-market rates for small trucking companies. SmartHop lets truckers focus on the road. We handle everything else. SmartHop led by Equal Ventures, a seed stage venture fund based in New York. Additional investors in the round include Greycroft and Las Olas VC. Among SmartHop’s investors are Alex Yeager, director at Redwood Logistics, Andrew Leto, founder of GlobalTranz and Emerge TMS, and Jett McCandles, founder of logistics company Project44. For more information, visit: www.smarthop.co