Spot Freight

What Spot Freight does

Spot Freight, Inc. is a privately held third-party logistics (3PL) provider headquartered in Indianapolis, Indiana, founded in 2009 by Andrew Elsener and Andy Schenck without external funding. The company arranges motor carrier transportation for shippers across automotive, healthcare, retail, grocery, beverage, and plastics & packaging verticals, offering full truckload, less-than-truckload, intermodal, expedited, flatbed, just-in-time, and refrigerated services in the United States, Canada, and Mexico. Spot maintains a large carrier network that it treats as its primary customer relationship layer, supported by a dedicated 24/7/365 operations team and a 100% load-acceptance commitment on awarded bids.

The company's core technology is the proprietary MySpot Transportation Management System (TMS), developed and managed by its wholly-owned subsidiary Red Technologies, LLC. MySpot spans three user surfaces — MySpot Shippers, MySpot Carriers, and the MySpot Driver App — and provides rate management, real-time GPS-based track and trace, carrier scoring and matching, order consolidation, customized reporting, and freight audit & payment. The platform is paired with a digital load board marketplace and a managed solutions offering for shippers running multi-provider networks. Spot is extending into AI applications (demand forecasting, capacity prediction, operational optimization) and has invested in security and sustainability certifications, including SOC 2 Type 2 attestation, EPA SmartWay participation, and LEED/WELL-certified regional offices in Charlotte, Chicago, Tampa, and Tempe.

Spot generates revenue primarily through transaction-fee brokerage (the spread between negotiated shipper rates and carrier pay rates documented in load confirmations) and a smaller recurring subscription/SaaS stream from MySpot TMS access fees billed monthly or annually. Go-to-market is sales-led for enterprise shippers (with inside-sales and 'Request a Quote' / TMS Demo funnels), channel-led via the carrier network, and self-serve through the MySpot Shipper and Carrier portals. The company markets through content (blog, white papers, market insights, case studies), a 'More Than a Broker' podcast, industry events, and ESG/sustainability communications.

Name

Spot Freight

Legal name

Spot Freight, Inc.

Website

https://spotinc.com

Company type

Private

Founded year

2009

Operating status

Operating

Headcount range

501–1,000 employees

Short description

Spot Freight is a bootstrapped, Indianapolis-based third-party logistics (3PL) provider arranging truckload, LTL, intermodal, expedited, flatbed, JIT, and refrigerated freight across the US, Canada, and Mexico for shippers in automotive, healthcare, retail, grocery, beverage, and packaging, using its proprietary MySpot TMS built by subsidiary Red Technologies.

Ownership category

akta.pro rank

Product category

Third-Party Logistics Services

NAICS

Freight Transportation Arrangement (488510), Freight Transportation Arrangement (48851), Freight Transportation Arrangement (4885)

SIC

Arrangement Of Transportation Of Freight & Cargo (4731), Trucking (No Local) (4213)

akta.pro primary industry

Freight Brokerage (Truckload/LTL/Intermodal) (TLAIANAA)

akta.pro secondary industries

Freight Brokerage (Truckload/LTL/Intermodal) (TLAIAEAC), Cross-Border Trucking & Border Transfer (Linehaul, Transloading) (TLACACAC), Rate Procurement, Carrier Sourcing & RFP/Tender Management (TLAIANAF), Freight Claims, Compliance & Risk Management (TLAIAEAJ)

Keywords

• Freight brokerage services
• Third-party logistics
• Transportation management system
• Truckload shipping
• Carrier matching platform

Headquarters

HQ city

Indianapolis

HQ country

United States

HQ region

North America

Offices7 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Supply Chain, Marketing or Sales, Infrastructure

Revenue model

1. Freight Brokerage Services: Spot acts as a property broker arranging motor carrier transportation for compensation. The company charges rates and charges set forth in load confirmations or as otherwise agreed, plus accessorial charges imposed by servicing motor carriers. Revenue is generated through the spread between negotiated shipper rates and carrier rates.
2. Technology/SaaS Services (MySpot TMS): MySpot TMS is offered to shippers and carriers for managing shipping needs, rate management, tracking, and reporting. Based on RTMS Terms of Service, subscription and service fees are charged based on pricing plans (monthly or annual in advance).

Pricing tiers

Go-to-market motion3 records

Distribution channels4 records

Marketing channels8 records

Core offering

Spot Freight is a third-party logistics (3PL) provider that arranges motor carrier transportation for shippers across North America, offering Full Truckload, LTL, Intermodal, Expedited, Flatbed, Just-in-Time, and Refrigerated freight services. The company operates as a property broker, generating revenue on the spread between negotiated shipper rates and carrier rates, while its wholly-owned subsidiary Red Technologies powers the proprietary MySpot Transportation Management System (TMS) used by shippers, carriers, and drivers for rate management, real-time tracking, load matching, and freight audit and payment.

Product overview

Spot Freight is a third-party logistics (3PL) provider offering a unified platform of proprietary technology and logistics services. The core offering is the MySpot Transportation Management System (TMS), developed and managed by Red Technologies (Spot's wholly-owned technology subsidiary). MySpot TMS serves three distinct user segments: shippers (MySpot Shippers), carriers (MySpot Carriers), and drivers (MySpot Driver App). The platform provides rate management, track & trace, order consolidation, and reporting capabilities. Complementing the TMS are freight services including Full Truckload, LTL, Intermodal, Expedited Freight, Flatbed, Just-in-Time, and Refrigerated Shipping. Spot also operates load boards as a marketplace connecting carriers with available loads. The company positions its technology and carrier relationships as core differentiators in the logistics market.

Differentiator

Problem solved

Functional benefit

Brands

• MySpot TMS: Proprietary transportation management system (TMS) platform for shippers and carriers, powered by Red Technologies
• Red Technologies

Products and services

• MySpot Transportation Management System (TMS) Spot's proprietary transportation management system that enables shippers to manage shipping needs including rate management, track & trace, order consolidation, and customized reporting. Powered by the Red Technologies subsidiary, it provides real-time supply chain visibility and is the core technology platform for the freight brokerage.
• MySpot Shippers Shipper-facing transportation management solution providing faster access to pricing, booking capabilities, and real-time supply chain visibility. Accessed via the MySpot Shipper portal for self-serve and mid-market shipper customers.
• MySpot Carriers Carrier-facing transportation management solution enabling load booking, workload customization, real-time tracking, and faster payment processing. Accessed via the MySpot Carrier portal for Spot's network of motor carriers and owner-operators.
• MySpot Driver App Mobile application for drivers providing access to load information, rate confirmations, tracking capabilities, and communication tools, with SMS alerts for scheduled pickups, deliveries, and load status.
• Full Truckload (FTL) Shipping Full truckload freight services covering expedited, refrigerated, dry van, flatbed, and hazmat freight across the United States, Canada, and Mexico. Core revenue-generating service of Spot's freight brokerage.
• Less-Than-Truckload (LTL) Shipping LTL shipping services leveraging Spot's relationships with multiple LTL providers to move smaller freight efficiently.
• Intermodal Transport Cost-effective intermodal shipping solutions combining rail and truck for freight that needs to leave the highway system.
• Expedited Freight Time-sensitive freight shipping services for tight deadlines, ensuring loads arrive on schedule.
• Flatbed Loads Flatbed freight services utilizing Spot's experience, technology, and carrier relationships to match loads with capable carriers for oversized or open-deck freight.
• Just-in-Time Shipping JIT shipping services ensuring carriers arrive on time to keep production moving, including serving automotive and other manufacturing customers with strict delivery windows.
• Refrigerated Shipping Temperature-controlled shipping for perishables including dairy, fruits, vegetables, and pharmaceuticals using a network of refrigerated carriers.
• Managed Solutions Customized managed logistics services for shippers using multiple transportation providers, handling tendering, routing guides, order building, and invoice auditing.
• Load Boards Digital marketplace connecting Spot's carrier network with available freight loads, enabling carriers to find and book freight opportunities in real time.

Quantifiable outcome

• 100% load acceptance on bid awards
• +2 more outcomes

Named customers6 records

Segments3 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

Three partnerships are on record, tiered core.

• Fleet Sustainability Index (FSI)coreStrategic or Co-development PartnerSpot has partnered with Fleet Sustainability Index (FSI) to provide customers with the most accurate carrier emissions data available to freight brokerages. FSI leverages DOT data to capture carrier truck models and years of manufacture, creating custom emissions ratings for each carrier for precise environmental footprint assessment.
• SmartWay (U.S. EPA)coreOthersSpot participates in the EPA SmartWay program, an environmental program that helps companies freight more efficiently. Spot received a score of 5 out of 10 from over 800 logistics companies evaluated.
• FourKitescoreTechnology or IntegrationSpot was recognized on FourKites Premier Carrier List for 2025 for outstanding tracking performance. FourKites is a leader in AI-driven supply chain transformation with the world's largest real-time visibility network.

Scale indicators6 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• RXO, Inc. Public, asset-light North American freight brokerage spun out of XPO Logistics; closest direct competitor to Spot with multi-modal coverage, proprietary Coyote-style technology, and a similar shipper/carrier two-sided model.
• Echo Global Logistics: Asset-light 3PL providing truckload, LTL, and managed transportation with proprietary TMS technology; comparable mid-to-large market positioning, technology-led model, and similar enterprise shipper focus.
• Landstar System: Asset-light transportation services company using BCO and agent networks to provide truckload and specialized freight; comparable non-asset model, variable-cost structure, and carrier-network-driven GTM.
• Hub Group: Asset-light intermodal and logistics services provider with proprietary technology and managed transportation offerings; overlaps with Spot's intermodal and managed solutions product lines and enterprise shipper base.

Broad incumbents

• C.H. Robinson Worldwide: Largest North American 3PL and global freight forwarder with Navisphere TMS; competes in the same FTL/LTL/intermodal brokerage lanes and enterprise RFP pool as Spot but at vastly greater scale and with global reach.
• J.B. Hunt Transport Services: Large multi-modal carrier with significant asset-based brokerage (ICS) segment; competing with Spot for enterprise FTL and intermodal contracts while offering a much broader asset portfolio.
• Schneider National: Public truckload and intermodal carrier with brokerage and logistics services divisions; competes with Spot for enterprise FTL/intermodal freight while also owning significant asset-based capacity.
• DSV A/S: Global transport and logistics provider with strong North American road brokerage footprint (post-DB Schenker and GIL acquisitions); comparable asset-light brokerage operations but with global scale Spot lacks.
• Maersk Logistics & Services: Global integrator combining ocean, road, and contract logistics; increasingly competes with North American 3PLs for end-to-end managed transportation contracts, addressing the same enterprise shipper pool as Spot.

Others

• project44: Supply chain visibility platform already integrated with Spot (per partnership disclosures); not a competitor but an enabling technology partner that brokers like Spot increasingly rely on for shipper-grade visibility, making it an adjacent comparable for Spot's technology roadmap.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/spotfreight
• Xx.com/SpotFreight

Compliance10 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Spot Freight