To Our Carriers: Thank You

These are uncertain times, but you’re not letting that stop you from keeping America running.

Only a couple of weeks ago, transportation was humming along as usual: freight volumes were normal and flat and carriers were only rejecting their contracted loads 4% of the time.

Since COVID-19 has gripped America’s conscious and economy in early March, carriers have been faced with an unprecedented surge in shipments that eclipsed records previously set in 2018.

FreightWaves Sonar

Freight volume seemingly grew +30% over night and tender rejections grew to their highest point in several months.

This surge has forced truckers to spend even more time on the road and less time with their families… all to keep grocery store shelves full and pharmacies fully stocked.

From everyone at Loadsmart, we want to thank our carriers for their work and acknowledge their sacrifice.

And while you’re out there for all of us, we’ll be here for you.

To our carriers, thank you for giving Loadsmart the opportunity to make your job a bit easier in a difficult time. Together, we keep America running: https://hubs.ly/H0p11sG0

Loadsmart Named to the 2020 CB Insights AI 100 List of Most Innovative Artificial Intelligence Startups

Loadsmart recognized in @CBInsights #AI100 for innovative approach to #logistics + addressing longstanding challenges to reshape movement of goods

The CB Insights research team selected the AI 100 from nearly 5,000 companies based on factors including patent activity, investor quality, and proprietary Mosaic scores. The Mosaic Score, based on CB Insights’ algorithm, measures the overall health and growth potential of private companies to help predict a company’s momentum. This year’s list includes:

  • 100 emerging private companies with a cumulative of $7.4B in funding across 300+ deals from 600+ unique investors. 
  • 10 unicorns (companies valued over $1B)
  • Healthcare, retail & warehouse, and finance & insurance companies across 13 countries

Loadsmart is the only digital freight marketplace to be recognized in its category, underscoring the company’s innovative approach to addressing supply chain challenges through a mix of advanced technology and deep-seated industry experience. 

Click ☝️to download full report

“At Loadsmart, we pride ourselves on cultivating meaningful relationships with those at the helm of the supply chain—shippers and carriers—and crafting visionary AI-based solutions to ensure they succeed and thrive,” said Ricardo Salgado, CEO and co-founder of Loadsmart. “We’re honored to be recognized as a leading tech innovator in the commercial transportation sector, and enthusiastically look forward to continued collaboration and growth.”

Here’s to looking forward to 2020 and beyond!