OpenRoad Global Company Profile

Background

OpenRoad Global, founded in 2004 by Mark and Liz Weisensee, is a privately-owned, people-oriented, and technology-driven global supply chain and logistics provider headquartered in Dallas, Oregon. The company is dedicated to connecting people, businesses, and goods through personalized and modern logistics services. By integrating industry-leading technology with deep expertise, comprehensive service offerings, and financial proficiency, OpenRoad Global aims to deliver superior logistics experiences. The company's mission is to empower businesses to achieve more through innovative supply chain solutions and a relentless commitment to top-level service. OpenRoad Global has been recognized multiple times on the Inc. 5000 list, ranking No. 3,983 in 2024 with a 114% three-year growth rate.

Key Strategic Focus

OpenRoad Global's strategic focus centers on providing comprehensive logistics and transportation services that cater to a diverse range of industries. The company specializes in time-critical and coordinated deliveries, leveraging an asset-based fleet and a network of over 4,000 carrier partners to offer flexible and efficient solutions. By continuously integrating advanced technological tools, OpenRoad Global enhances its service offerings, ensuring clients receive reliable and innovative logistics support.

Financials and Funding

OpenRoad Global's estimated annual revenue is approximately $71.8 million, with a revenue per employee of $360,800. The company has experienced significant growth, increasing its employee count by 35% in the past year. Specific details regarding funding history and notable investors are not publicly disclosed.

Pipeline Development

OpenRoad Global has expanded its service portfolio to better serve the supply chain and logistics industry. This includes the creation of OpenRoad Financial Services in 2005 and OpenRoad Trucking in 2007. The company has also launched Global Freight Forwarding services to meet the growing demand from its customer base and the market at large.

Technological Platform and Innovation

OpenRoad Global distinguishes itself through the integration of industry-leading technology into its logistics services. By combining advanced technological tools with deep expertise, the company provides superior logistics experiences. Specific proprietary technologies and scientific methodologies are not publicly disclosed.

Leadership Team

Mark Weisensee: Founder and CEO. Mark co-founded OpenRoad Global in 2004, bringing a vision of a better, smarter, and more comprehensive logistics experience. His leadership focuses on creating meaningful experiences for shippers and carriers while fostering a positive work environment for employees.

Liz Weisensee: Co-founder. Liz played a pivotal role in establishing OpenRoad Global, emphasizing culture, integrity, and financial stability as foundational elements of the company's success.

Leadership Changes

There are no recent significant changes or appointments within OpenRoad Global's leadership team publicly disclosed.

Competitor Profile

Market Insights and Dynamics

The logistics and transportation industry is experiencing rapid growth, driven by increasing globalization and the expansion of e-commerce. Companies are seeking efficient and reliable logistics partners to manage complex supply chains and meet customer demands.

Competitor Analysis

OpenRoad Global operates in a competitive landscape with several notable companies offering similar services:

Samsara: A leader in Connected Operations™ technology, providing real-time GPS tracking, advanced dashboard cameras, and environmental monitoring capabilities.

Motive: Formerly known as KeepTruckin, Motive offers comprehensive fleet management solutions, including real-time GPS tracking and ELD compliance features.

TransVirtual: Provides a complete transportation management system (TMS) for transport, delivery, and freight brokers, featuring consignment creation, live sign-on-glass, item-level scanning, and full track and trace capabilities.

PCS TMS: Offers a comprehensive trucking software solution designed to help transportation companies manage fleets, routes, and deliveries, with features such as load optimization, route planning, and real-time GPS tracking.

CartonCloud: A robust transportation management software designed to optimize logistics operations, offering tools for shipment tracking, route optimization, inventory management, and reporting.

These competitors focus on integrating advanced technologies to enhance logistics and transportation services, similar to OpenRoad Global's strategic approach.

Strategic Collaborations and Partnerships

OpenRoad Global has established partnerships to strengthen its market position and expand capabilities. Notably, the company has partnered with Fulfill.com, a technology partner, to enhance its service offerings.

Operational Insights

OpenRoad Global's strategic considerations include leveraging its asset-based fleet and extensive carrier network to provide flexible and efficient logistics solutions. The company's commitment to integrating advanced technology and maintaining a people-oriented approach serves as a distinct competitive advantage in the logistics industry.

Strategic Opportunities and Future Directions

OpenRoad Global aims to continue its growth trajectory by expanding its service offerings and integrating cutting-edge technologies. The company's focus on innovation, customer-centric services, and strategic partnerships positions it well to capitalize on emerging opportunities in the global supply chain and logistics sector.