Loadsmart

Loadsmart operates as both. Its core platform provides instant, bookable freight rates for shippers and carriers in a self-serve marketplace. The firm also houses a managed transportation and consultancy division, which places a dedicated team of logistics specialists to oversee a client's entire transportation strategy, targeting up to 20% in annual freight cost savings through network optimization.

The firm's product suite includes ShipperGuide, a transportation management system (TMS), and CarrierGuide, a platform for carriers to connect with available loads. Loadsmart also offers dock and yard scheduling software aimed at reducing wait times and increasing throughput at warehouses, complementing its shipment execution services.

Loadsmart's API delivers instant rates for full truckload shipping that integrate directly into a shipper's existing systems. The company states that only Loadsmart provides API rates with built-in safeguards to protect shippers from paying above-market prices, making it a tool for automating procurement without eroding margin.

Loadsmart focuses its digital brokerage and technology on full truckload (FTL) freight. The company uses its instant quoting and booking engine to match shippers with available carrier capacity on a spot and contract basis. There is no disclosed capability for less-than-truckload (LTL), rail, or ocean freight from its public materials.

Loadsmart's headquarters is located at 200 W. Jackson Blvd in Chicago. It also lists offices in Jersey City, New Jersey, and Jacksonville, Florida, anchoring a national service footprint for its freight brokerage and managed transportation teams.