SPI Logistics
SPI Logistics is a Canadian-headquartered independent freight brokerage network operating 70+ North American offices, providing technology, carrier vetting, back-office support, and a Quick Pay system to independent freight broker agents arranging multi-modal freight between shippers and motor carriers.
- Company typePrivate
- Founded1980
- HeadquartersSurrey, Canada
- Headcount101–250
- GTM typeB2B
- OfferingServices
What SPI Logistics does
SPI Logistics, operating under the legal entity Silver Pacific Investments Inc., is a Canadian-headquartered independent freight brokerage network founded in 1979 (some sources cite 1980) and based in Surrey, British Columbia. The company arranges freight transportation across North America through more than 70 offices, serving shippers and motor carriers via full-truckload and LTL multi-modal shipments. Its primary customers are three-fold: independent freight broker agents (who run their own brokerage businesses under the SPI brand), motor carriers (seeking loads and prompt payment), and shippers (needing transportation capacity). The company does not sell directly to most end shippers; instead, agents are recruited as independent contractors and represent the primary revenue-generating relationship.
The core product is the proprietary Freight Management System (FMS), which integrates a Transportation Management System (TMS), Customer Relationship Management (CRM, including Salesforce), a vetted carrier database, and free access to leading load boards (DAT, Truckstop, Loadlink Technologies, TruckerTools, LoadBoard Network). Supporting modules include carrier vetting with FMCSA safety data and insurance verification, a Quick Pay carrier payment system that pays carriers in an average of 23 days (overnight on request), and back-office automation covering compliance, document storage, and audit workflows. The platform is reinforced by an integration ecosystem spanning TriumphPay (factoring/payments), Highway (carrier compliance), Project 44 (visibility), Carrier Assure (insurance), Comdata (fuel cards), Revenova (TMS), ConnectWise (business management), and CargoNet (cargo theft prevention).
Revenue is generated from the spread between shipper rates and carrier costs on each load booked through the network; agents retain up to 75% of margins on loads moved, paid weekly, while SPI retains a portion of the brokerage commission. The company has no external funding, no parent company, and no public listing, and is privately held by founding stakeholders. It has been recognized for eight consecutive years on the Transport Topics Top 100 Freight Brokerage Firm list and maintains industry credentials including TAPA Americas security certification, SmartWay Transport Partner status, TIA Bond, and TLC certification.
SPI Logistics firmographics
Firmographics- Name
- SPI Logistics
- Legal name
- Silver Pacific Investments Inc.
- Website
- https://spi3pl.com
- Company type
- Private
- Founded year
- 1980
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- SPI Logistics is a Canadian-headquartered independent freight brokerage network operating 70+ North American offices, providing technology, carrier vetting, back-office support, and a Quick Pay system to independent freight broker agents arranging multi-modal freight between shippers and motor carriers.
- Ownership category
- akta.pro rank
SPI Logistics industry classification
Industry- Product category
- Freight Brokerage Services
- NAICS
- Freight Transportation Arrangement (488510), Freight Transportation Arrangement (48851)
- SIC
- Arrangement Of Transportation Of Freight & Cargo (4731)
- akta.pro primary industry
- Freight Brokerage (Truckload/LTL/Intermodal) (TLAIANAA)
- akta.pro secondary industries
- Intermodal Freight Brokerage / Managed Intermodal (3PL/4PL) (TLADAFAG), Fulfillment Execution & Task Management (Pick/Pack/Ship) (TLAEACAD), KPI Benchmarking & Performance Management (OTIF, SLA, Carrier Scorecards) (TLAEAKAM)
Keywords
Where SPI Logistics is headquartered
LocationHeadquarters
- HQ city
- Surrey
- HQ country
- Canada
- HQ region
- North America
Offices1 record
Markets served
SPI Logistics business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure, Supply Chain
Revenue model
- Freight Brokerage Commission: SPI earns revenue by arranging transportation of freight between shippers and motor carriers. The company retains a portion of the brokerage margin while agents earn up to 75% commission on loads moved. Revenue is generated through the spread between shipper rates and carrier costs.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Transaction based/ take rate | Weekly | Agent Commission - Up to 75% commission split |
Go-to-market motion1 record
Distribution channels1 record
Marketing channels5 records
SPI Logistics product offering
Product offeringCore offering
SPI Logistics operates a North American freight brokerage network that arranges transportation of freight between shippers and motor carriers, primarily through an independent agent model. Agents use SPI's proprietary Freight Management System (FMS), which integrates a Transportation Management System (TMS), Customer Resource Management (CRM) software, and a vetted carrier database, to source capacity, book loads, and manage shipper accounts. The company supports multi-modal (full-load and LTL) shipments, provides back-office automation, carrier vetting, and a Quick Pay carrier payment system, while agents earn up to 75% commission on each load moved.
Product overview
SPI Logistics operates as a freight brokerage network offering a unified platform combining its proprietary Freight Management System (FMS) with freight brokerage services and agent support. The core FMS integrates TMS, CRM, and carrier database functionality, supported by add-on modules including Carrier Vetting Services and Back-Office Automation. The company also offers an Independent Freight Agent Program where agents earn up to 75% commission with access to free load boards (DAT, LoadBoard Network, Loadlink Technologies, TruckerTools) and the Quick Pay carrier payment system. The platform enables multi-modal freight operations across North America with 70+ offices.
Differentiator
Problem solved
Functional benefit
Products and services
- Freight Management System (FMS) SPI's proprietary Freight Management System that integrates a Transportation Management System (TMS), Customer Resource Management (CRM) software, and a vetted carrier database into a single platform for load tracking and shipper account management, used by independent freight broker agents operating under SPI's network.
- Independent Freight Agent Program Program under which independent freight broker agents operate their own brokerage businesses using SPI's technology platform, vetted carrier network, back-office support, and brand, earning up to 75% commission on loads moved with weekly payments.
- Quick Pay Carrier Payment System Service that enables motor carriers to be paid promptly and accurately, with weekly commission payments guaranteed to agents even when customer payment is delayed; carriers are paid within an average of 23 days with overnight payment available on request.
- Freight Broker Technology Platform Custom freight broker TMS that combines features of multiple top systems, including free load board access, real-time reporting and analytics, and back-office automation, provided to independent agents within SPI's network.
- Carrier Vetting Services Pre-qualification service that screens motor carriers using FMCSA safety data and insurance verification, enabling agents to book only approved carriers and reduce compliance and safety risk.
- Back-Office Automation Automated back-office support for independent agents, including centralized document storage, compliance workflows, automated reminders, and audit-ready systems that reduce administrative overhead.
Quantifiable outcome
- Agents can earn up to 75% commission on loads
- +2 more outcomes
Companies that use SPI Logistics
Customer profileSegments3 records
Ideal customer profiles3 records
SPI Logistics technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration5 records
Feature6 records
SPI Logistics partnerships and signals
Strategic signalPartnerships
17 partnerships are on record, tiered core and supporting.
- HighwaycoreTechnology partnership providing integration for freight operations and carrier management
- TriumphPaycorePayment processing and factoring integration for carrier payments
- Carrier AssuresupportingCarrier insurance and compliance verification services
- RevenovasupportingTransportation management system integration
- ConnectWisesupportingBusiness management software integration
- Loadlink TechnologiescoreLoad board platform integration providing free access to agents for load matching
- ComdatasupportingFuel card and payment solutions integration
- Project 44coreReal-time visibility and tracking platform integration
- Trucker ToolscoreLoad board and freight management tools integration provided free to agents
- TruckstopcoreLoad board platform integration for load searching and matching
- RelaysupportingFreight technology platform
- DATcoreLoad board and rate analysis integration provided free to agents
- TIA BondsupportingTransportation Intermediaries Association bonding program membership
- SmartWay Transport PartnersupportingEPA sustainability program partnership for environmentally responsible freight operations
- TAPA AmericassupportingTransported Asset Protection Association certification for secure freight handling
- TLCsupportingIndustry certification and compliance program
- CargoNetsupportingCargo theft prevention and recovery network integration
Scale indicators5 records
Recent moves6 records
Expansion highlights5 records
SPI Logistics competitors and assessment
Company assessmentBroad incumbents
- RXO: RXO is a large North American freight brokerage spin-off from XPO Logistics with significant truckload and last-mile operations. It is the kind of large-scale, technology-forward incumbent broker that competes for the same mid-market shipper RFPs as SPI.
- XPO Logistics: XPO is a major North American less-than-truckload and freight transportation operator with brokerage capability. It competes for the same multi-modal shipper business that SPI routes through its FMS, particularly LTL shipments.
- C.H. Robinson Worldwide: C.H. Robinson is the largest North American third-party logistics provider and freight broker, operating at vastly greater scale than SPI across truckload, LTL, intermodal, and global forwarding. It represents the broad incumbent alternative SPI's shipper customers weigh against a mid-market agent-network broker.
- J.B. Hunt Transport Services: J.B. Hunt's Integrated Capacity Solutions (ICS) segment operates a major North American freight brokerage and capacity-matching business that competes with SPI for both shipper contracts and carrier relationships.
Emerging players
- Uber Freight: Uber Freight is a digital-native freight brokerage and capacity platform that competes with SPI at the shipper and carrier level using app-based, transparent pricing. It represents the technology-led challenger model SPI's FMS-based offering must compete against as shippers increasingly adopt digital procurement.
Direct peers
- Armstrong Transport Group: Armstrong is a freight broker agent network that SPI directly compares itself to in marketing collateral. Both offer independent agents technology, carrier networks, and back-office support under a commission-based model serving US shippers and carriers.
- Landstar System: Landstar is the largest North American freight broker agent network, operating a business model nearly identical to SPI's: independent agents/BCO owners using Landstar's platform, technology, and carrier network in exchange for a commission split. Both compete directly for experienced freight brokers looking to run their own books under an established brand.
- Tallgrass Freight: Tallgrass is an asset-light freight brokerage that combines an agent network with digital brokerage capabilities. It competes with SPI for both agents and shipper contracts in the US and is named explicitly in SPI's comparison pages.
- Trinity Logistics: Trinity is an agent-based 3PL providing multi-modal freight services across North America. Listed as a direct competitor in SPI's comparison content and serves similar mid-market shipper segments with truckload and LTL capacity.
- Bennet International Transport: Bennet operates an agent-based freight brokerage and 3PL model targeting similar mid-market shippers as SPI. SPI publishes head-to-head comparison content against Bennet, underscoring direct competition for agents and shippers.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks12 records
Key highlights8 records
Customer concentration
SPI Logistics social profiles
Digital presenceSPI Logistics financial estimates
Financial estimateRevenue estimate
Valuation estimate
SPI Logistics leadership team
Management profileNumber of profiles
Profiles1 record
SPI Logistics funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
SPI Logistics M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about SPI Logistics
What does SPI Logistics do?
SPI Logistics operates a North American freight brokerage network that arranges transportation of freight between shippers and motor carriers, primarily through an independent agent model. Agents use SPI's proprietary Freight Management System (FMS), which integrates a Transportation Management System (TMS), Customer Resource Management (CRM) software, and a vetted carrier database, to source capacity, book loads, and manage shipper accounts. The company supports multi-modal (full-load and LTL) shipments, provides back-office automation, carrier vetting, and a Quick Pay carrier payment system, while agents earn up to 75% commission on each load moved.
Is SPI Logistics a public or private company?
SPI Logistics is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was SPI Logistics founded?
SPI Logistics was founded in 1980. It employs 101 to 250 people.
Where is SPI Logistics based?
SPI Logistics is headquartered in Surrey, Canada, in the North America region.
How does SPI Logistics make money?
One revenue line is on record: freight Brokerage Commission.
Who are SPI Logistics's main competitors?
Broad incumbents on record are RXO, XPO Logistics, C.H. Robinson Worldwide and J.B. Hunt Transport Services. Uber Freight is listed as an emerging player. Direct peers are Armstrong Transport Group, Landstar System, Tallgrass Freight, Trinity Logistics and Bennet International Transport.
Does SPI Logistics have an API?
No public API is recorded for SPI Logistics.
What industry is SPI Logistics in?
SPI Logistics's product category is Freight Brokerage Services. Its primary akta.pro industry code is TLAIANAA, Freight Brokerage (Truckload/LTL/Intermodal), with a secondary code of TLADAFAG, Intermodal Freight Brokerage / Managed Intermodal (3PL/4PL). Its NAICS code is 488510 and its SIC code is 4731.