Shipwell Company Market Research Report

Company Overview

• Name: Shipwell

• Mission: No information is available

• Founded: Founded in July 2016

• Founders: Greg Price and Jason Traff

• Key People:

• Greg Price, CEO & Co-founder

• Jason Traff, President & Co-founder

• Carolyn Wilson, Director of Marketing

• Charles Dickerson, VP of Engineering

• Jonathan Xiu, VP of Sales

• David Bianconi, VP of Professional Services

• Headquarters: Austin, Texas

• Number of Employees: 140 employees

• Revenue: No information is available

• Known For: Shipwell is known for its Transportation Management Solutions platform, offering smart, connected logistics technology designed to streamline supply chain operations for businesses of all sizes.

Products

Shipwell Transportation Management Solutions (TMS)

• Description: A unified, cloud-native platform facilitating seamless transportation management across all shipping modes.

• Key Features:

• IoT Provider Integration: Connect IoT trackers for real-time data.

• Enhanced Visibility: Monitor environmental conditions and get location updates.

• Load Optimization: Tailor shipments for optimal routes and efficiency.

• Settlements Automation: Streamline financial processes from invoice to reconciliation.

• Pricing Intelligence: Access real-time spot rates and benchmark contract rates.

• Visibility: Offers precise ETAs and real-time tracking across transport modes.

• RFP Automation: Simplifies carrier selection and enhances decision-making.

• Swifty AI Assistant: Automates logistics via AI, reducing manual processes.

• Dock Scheduling: Optimizes coordination for increased productivity.

Recent Developments

• Recognition:

• Shipwell recognized as a Challenger in the 2024 Gartner® Magic Quadrant™ for Transportation Management Systems.

• New Products and Features:

• Swifty AI Assistant: A new AI-powered assistant that drastically reduces manual logistics processes.

• Supplier Portal: Enhances inbound freight management by improving collaboration with suppliers.

• Ocean Container Visibility Solution: Provides full visibility and reduces costs for ocean shipments.

• New Partnerships:

• In February 2025, Shipwell announced a partnership with Tive to enhance IoT integration and visibility in supply chains.

• Innovations and Other Developments:

• Launched enhanced dock scheduling features in April 2024.

• Expanded platform capabilities with connectivity and support for various shipping modes including FedEx, drayage support, and more.

• Introduced robust new features like Pricing Intelligence and Responsive ETAs.

Historical Developments

• 2020-2021:

• Shifted focus to a remote workforce amidst the pandemic and enhanced TMS capabilities.

• Released new features leveraging AI and machine learning for enhanced shipping solutions.

• 2018-2019:

• Relocated headquarters and enhanced partnerships with industry leaders like KeepTruckin for ELD solutions.

• Released the first mobile app connecting drivers for real-time location tracking and communication.

• 2017:

• Transitioned from the original name OtterLogic to Shipwell to expand beyond Over the Road shipments.

• 2016:

• Founded by MIT graduates Greg Price and Jason Traff, focusing on evolving supply chains with innovative solutions.

For further insights or to test Shipwell's solutions, potential customers and collaborators are encouraged to request a demo.