Freightera Celebrates 10th Anniversary With 535% Profit Growth

Freightera’s Success Continues into 2024 With Record Profit, Led by a Customer-First Approach

Freightera is thrilled to announce its 10th anniversary, marked by a remarkable 535% increase in net profit YoY in Q1 2024. Our innovative freight automation platform drives this growth and it’s scaled our revenue by 47% YoY by mid-June while operating costs have declined for the 8th consecutive quarter.

Freightera’s success lies in offering fixed-cost, all-inclusive rates from hundreds of carriers. Our platform allows shippers to search over 20 billion online rates, in as little as 10-15 seconds. This efficiency, along with our commitment to lower-emission shipping, is what sets us apart in the industry.

With over 900 5-star reviews across Google and Trustpilot, shippers consistently praise us for excellent rates, speed, ease of use, and outstanding customer support. Our revenue has grown steadily, reaching $29.9 million annualized in May 2024, up 48% from 2023.

While many logistics companies face revenue declines, Freightera continues to grow, thanks to our innovative solutions and customer-first approach.

Read the whole story at Newswire, or if your business is looking for a better way to ship freight, try the Freightera platform – register here. It’s easy and free.