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Comment: In accordance with the Wikimedia Foundation's Terms of Use, I disclose that I have been paid by my employer for my contributions to this article. Schupaul (talk) 19:52, 12 September 2025 (UTC)
Shipwell is an American software company that produces transportation management systems (TMS) and supply chain management software to help businesses and shippers plan, execute and optimize shipping processes.[1] The company's software is used by logistics and supply chain supply chain professionals in the retail, manufacturing, food & beverage and distribution industries.
History
Founded in 2016 as OtterLogic, Shipwell originally focused solely on over-the-road (abbv. OTR) shipments.[2] In 2017, the company rebranded[3] as Shipwell when the platform expanded its offerings to include transportation management functionality such as real-time shipment visibility and analytics.[4] In 2024, Shipwell sold its brokerage arm to CloudTrucks[5] to focus on its software as a service (SaaS) platform.
Products and services
Shipwell's main offering is its cloud-based Transportation Management System (TMS), which automates freight procurement, optimizes carrier selection, and uses real-time shipment tracking to provide greater visibility into shipments. The platform supports multiple transportation modes, including FTL, LTL, ocean, air, drayage, final mile, and parcel shipments.[6] Shipwell offers its product across a variety of industries, including manufacturing, food and beverage,[7][8] and consumer goods.
Key features include:
- Visibility and tracking: Tools that aggregate location and status data from carriers and connected devices to provide in-transit visibility.[9]
- Analytics and reporting: Dashboards and reports for performance metrics such as on-time delivery, rate insights, and service-level compliance.[10][11]
- AI Automation: Platform-integrated AI capabilities for appointment booking, workflow automation, and logistics assistant to handle routine tasks efficiently.[12]
- Pricing intelligence: Access real-time spot rates, historical pricing data, and contract rate benchmarking to compare contract rates, evaluate carrier rate changes, and identify cost-saving opportunities.[13]
- Integrations: Connectivity with carriers, brokers, and enterprise systems via APIs and other data connections.[14][15][16]
Funding
Shipwell is venture-backed,[17] and has undergone multiple rounds of funding. In 2018, the company raised $10 million in Series A funding.[18][19] In 2019, the company raised $35 million in Series B funding.[20][21]
Awards and recognition
Shipwell has been covered by industry publications in the context of transportation management systems and supply chain technology.[1] The company has appeared on industry lists that track logistics and freight-technology firms.[22][23]
- Shipwell was named a Visionary in the Gartner® Magic Quadrant™ for Transportation Management Systems in 2025.[24] They have previously appeared in this report as Niche Player in 2021[25][26] & 2022[27] and Challenger in 2023 & 2024.[28]
- Shipwell was recognized as Transportation Management Company of the Year by SupplyTech Breakthrough in 2023.[29][30]
- Shipwell was named to the FreightWaves 2026 FreightTech 100 companies (2025 award year.)[31]
See also
References
- ^ a b Peer Insights, Gartner. "Shipwell Platform Reviews, Ratings & Features 2025 | Gartner Peer Insights". Gartner. Retrieved 2025-09-12.
- ^ "Shipwell - Products, Competitors, Financials, Employees, Headquarters Locations". www.cbinsights.com. Retrieved 2025-09-12.
- ^ "Complexity Made Simple... by Design". www.shipwell.com. Retrieved 2025-09-12.
- ^ "Streamline Your Supply Chain with Shipwell's Scalable TMS Platform". john-galt. Retrieved 2025-09-12.
- ^ Sharkey, Grace (2024-02-21). "CloudTrucks launches new offerings, acquires Shipwell's brokerage". FreightWaves. Retrieved 2025-09-12.
- ^ "Shipwell TMS: Must-knows to Manage International Transport". Buyco. Retrieved 2025-09-12.
- ^ "FOSC chat: Shipwell CEO on how disruptions are reshaping food supply chains". FreightWaves. 2022-05-11. Retrieved 2025-09-12.
- ^ Sporrer, Alyssa (2021-06-18). "Shipwell: Reducing food waste one on-time shipment at a time". FreightWaves. Retrieved 2025-09-12.
- ^ "Shipwell launches TMS and visibility tool app". Commercial Carrier Journal. 2022-04-20. Retrieved 2025-09-12.
- ^ "Shipwell Connect to freight professionals you can trust on the industry's most comprehensive marketplace. Expand your reach and grow your business. Find integrated software solutions, discounts, and industry associations — all here to help you succeed". marketplace.truckstop.com. Retrieved 2025-09-12.
- ^ "Shipwell TMS Adopts Dynamic Rating and Enhances Load Board Access through Integration with DAT Freight & Analytics Solutions to Expand Options for Shippers". DAT. 2023-06-06. Retrieved 2025-09-12.
- ^ Johnson, Eric (May 13, 2025). "AI continues its advance across truckload fleets, drayage | Journal of Commerce". joc.com. Retrieved 2025-09-12.
- ^ Straight, Brian (2021-04-06). "Shipwell introduces pricing intelligence tools for shippers". FreightWaves. Retrieved 2025-09-12.
- ^ "Partnerships". NMB Solutions Inc. Retrieved 2025-09-12.
- ^ NetSuite.com. "SuiteApp.com". www.suiteapp.com. Retrieved 2025-09-12.
- ^ "Shipwell Announces Integration with Highway to Streamline Carrier Management and Enhance Compliance Monitoring". highway.com. Retrieved 2025-09-12.
- ^ "Shipwell". Georgian. Retrieved 2025-09-12.
- ^ Shieber, Jonathan (2018-10-09). "Freight trucking startup Shipwell gets a $10 million boost". TechCrunch. Retrieved 2025-09-12.
- ^ "Shipwell and The Guild raise funding, YETI (IPO document) sightings, and more | Built In Austin". Built In. Retrieved 2025-09-12.
- ^ Staff, FreightWaves (2019-10-28). "Shipwell raises $35 million of series B venture capital". FreightWaves. Retrieved 2025-09-12.
- ^ "Shipwell Just Closed a $35M Series B. Now It's Looking to Grow. | Built In Austin". Built In. Retrieved 2025-09-12.
- ^ "Breakthrough Named 2023 Top Software and Technology Provider | Breakthrough". www.breakthroughfuel.com. Retrieved 2025-09-12.
- ^ "Shipwell." Inc. 5000. Inc., https://www.inc.com/profile/shipwell. Accessed 12 Sept. 2025.
- ^ "Magic Quadrant for Transportation Management Systems". Gartner. Retrieved 2025-09-12.
- ^ West, Carly; Sanchez Duran, Oscar (2021-03-30). "Magic Quadrant for Transportation Management Systems" (PDF). Sales Café for B2B Sales Strategists and Aficionados.
- ^ Jepma, William (2021-05-07). "What's Changed: 2021 Gartner Magic Quadrant for Transportation Management Systems". Best ERP Software, Vendors, News and Reviews. Retrieved 2025-11-03.
- ^ Jepma, William (2022-04-07). "What's Changed: 2022 Gartner Magic Quadrant for Transportation Management Systems". Best ERP Software, Vendors, News and Reviews. Retrieved 2025-11-03.
- ^ Jepma, William (2024-04-09). "What's Changed: 2024 Gartner Magic Quadrant for Transportation Management Systems". Best ERP Software, Vendors, News and Reviews. Retrieved 2025-11-03.
- ^ "2023 Winners". SupplyTech Breakthrough. Retrieved 2025-09-12.
- ^ "Shipwell Named "Transport Management Company Of The Year" In 2023 SupplyTech Breakthrough Awards Program – IT Business Net". Retrieved 2025-11-03.
- ^ Hampstead, John Paul (2025-09-22). "FreightWaves announces 2026 FreightTech 100 companies". FreightWaves. Retrieved 2025-11-03.
External links
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