GoFreight Market Research Report

Company Overview

• Name: GoFreight Inc.

• Mission: No information is available.

• Founded: No information is available.

• Founders: No information is available.

• Key People: No information is available.

• Headquarters: No information is available.

• Number of Employees: No information is available.

• Revenue: No information is available.

• Known For: GoFreight is known for its comprehensive cloud-based software solutions designed specifically for freight forwarding, including real-time container tracking, automated workflows, and effective financial management solutions.

Products

Freight Forwarding Software

• Description: A comprehensive cloud solution that integrates operations, boosts visibility, and provides a competitive advantage.

• Key Features:

• Comprehensive Dashboard: Real-time visibility, automation of manual tasks, and optimized competitiveness.

• Real-Time Collaboration: Centralized communication for improved efficiency and service.

• Automated Workflows: Increases efficiency by reducing manual tasks.

Container Tracking System

• Description: Provides real-time container tracking for freight forwarders, ensuring high visibility and significant cost savings.

• Key Features:

• Comprehensive Tracking Milestones: From ETD/ETA to vessel unloading, ensuring constant awareness.

• Data Accuracy: 99.7% data accuracy and 99.8% uptime guarantee.

• HB/L Integration and Custom Email Notifications: Seamless integration with shipments and customizable notifications.

Customer Portal

• Description: Offers customers direct access to shipment information in real-time, enhancing service and trust.

• Key Features:

• Comprehensive Visibility: EDI-powered shipment updates and purchase order-level data.

• Integrated Shipment Data: Synchronized ISF confirmations and live tracking.

• User-Friendly Reporting: Allows easy generation of shipment reports.

Security Filing

• Description: Enables streamlined AMS, ISF, and eManifest filings for compliance in US and Canada.

• Key Features:

• AMS, ISF, eManifest Filing: Streamlined automated filings for compliance.

• Unified Platform: Manages all security filings in one system.

• Real-Time Updates: Immediate feedback for swift action if needed.

Quotation System

• Description: Revolutionizes the quotation process by integrating it with the shipment, enhancing efficiency and accuracy.

• Key Features:

• Automatic Pricing Summary: Ensures accurate margin calculations.

• Seamless Shipment Creation: Direct from quotations to shipments.

• Detailed Reporting: Enable strategic insight through analytics.

API Integration

• Description: Provides open access and data push services for seamless integration and enhanced visibility.

• Key Features:

• Data Retrieval and Distribution: Efficient data access and automated dissemination.

• End-to-End Visibility: Comprehensive tracking of operations.

• Enhanced Collaboration: Streamlined information access across systems.

Accounting Solutions

• Description: Comprehensive financial management for freight forwarders, incorporating invoicing and payment processing.

• Key Features:

• GoFreight Pay: Online payments for faster cash flow.

• Automated Reporting: Financial reports for informed decisions.

• Connected Invoicing System: Automatic linkage with shipment data.

Rate Management Solution

• Description: Manages freight rates efficiently, minimizing manual errors and optimizing profitability.

• Key Features:

• AI-Powered Rate Ingestion: Automates rate processing.

• Automated Rate Retrieval: Keeps rate data current.

• Enhanced Reporting and Analysis: Provides insights for strategic decision-making.

Recent Developments

• New Products and Features:

• Enhanced Tracking Features: The latest updates allow searching for containers managed by different operation teams and improved delivery visibility.

• Partnerships and Growth:

• Funding Round: Raised $23 million in Series A funding led by Headline and Flex Capital, aiming to accelerate the product roadmap and scale market functions.

• Recognition: Named as a 2023 Winter Industry Leader by G2, recognizing its impact and innovation in freight forwarding technology.

This report provides an in-depth look at the solutions and advancements made by GoFreight, underscoring its positioning as a leader in freight forwarding technology.