T

Truckstop

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Market Research Report: Truckstop



Company Overview


  • Name: Truckstop

  • Mission: To provide innovative, mission-critical technology solutions for the freight industry.

  • Founded: 1995

  • Founder: Scott Moscrip

  • Key People:

  • Kendra Tucker, Chief Executive Officer

  • Joe Pergola, Chief Financial Officer

  • Sam Peterson, Chief Technology Officer

  • Andrea Johnston, Chief Revenue Officer

  • Ambyr O’Donnell, Chief Legal Officer

  • Ron Storn, Chief People Officer

  • Brent Hutto, Chief Relationship Officer

  • Headquarters: New Plymouth, Idaho, USA

  • Number of Employees: Over 550 (as of latest update)

  • Revenue: No information is available.

  • Known For: Truckstop is best known for creating the first digital freight-matching marketplace on the Internet and providing comprehensive solutions in the freight industry.


Products


Truckstop Load Board


  • Description: A digital platform designed to match freight loads with carriers quickly and efficiently.

  • Key Features:

  • Instant load-booking

  • Rate analysis tools

  • Comprehensive marketplace for carriers, brokers, and shippers


TMS (Transportation Management System)


  • Description: A system designed to simplify freight management through a range of operational tools.

  • Key Features:

  • Integration capabilities

  • Comprehensive rate platform

  • Enhanced operational control and visibility


RMIS Carrier Onboarding


  • Description: A tool for carrier onboarding and insurance monitoring.

  • Key Features:

  • Compliance-as-a-Service offering

  • Streamlined carrier onboarding

  • Real-time insurance monitoring


Cargo Insurance


  • Description: Comprehensive cargo insurance solutions for freight and logistics operations.

  • Key Features:

  • Real-time risk assessment

  • Customized insurance packages

  • Extensive market coverage


Factoring Services


  • Description: Financial services for immediate payment solutions in freight transactions.

  • Key Features:

  • Instant load-booking with payment facilitation

  • Competitive financing terms

  • Reduces financial risk for carriers


Recent Developments


  • Strategic Investments: A significant investment made by ICONIQ Capital positions Truckstop for growth.

  • New CEO: Kendra Tucker has been appointed as the CEO to drive the company's technology solutions.

  • Acquisitions: Acquired RMIS, adding carrier onboarding and insurance monitoring to its lineup. Acquired Grizella (SaferWatch® and PostEverywhere®) and D&S Factors.

  • Product Launch: Introduction of "Book It Now" for instant load booking between carriers and brokers.

  • Partnerships: Exclusive collaboration with the Owner-Operator Independent Drivers Association (OOIDA) to provide tools for securing loads and growing business operations.


Additional Developments


  • Employee Growth: Expanded from a single employee at foundation to over 550 employees.

  • Technological Innovation: Launched a new Risk Assessment System to enhance customer protection.



This report compiles the available data from Truckstop's operations and strategic direction, focusing on its significant impact on the logistics and freight industry through technology-driven solutions and collaborative endeavors. The information is current up to the latest updates in 2024.