Breakthrough Named #6 on the 2024 FreightTech 25 List of Most Innovative Freight Technology Companies
November 9, 2023
Green Bay, Wis., November 9, 2023 - Breakthrough, a leading provider of energy, freight, and sustainability transportation technology solutions, is proud to announce that it has been named #6 on the 2024 FreightWaves FreightTech 25 list of the most innovative and disruptive freight technology companies.
This year, more than 900 nominations were submitted for more than 250 companies. The FreightTech 25 was determined through a points-based system of more than 80 CEOs, industry leaders, academics and investors, independent of FreightWaves.
“We are thrilled to be named #6 on the 2024 FreightTech 25 list,” said Breakthrough President, John Teggart. “This recognition is a testament to our commitment to providing innovative solutions to the transportation industry. We are constantly challenging legacy ways of thinking and seeking new ways to reduce cost, drive efficiency, and decarbonize shippers' transportation networks, and this ranking is a validation of our efforts.”
With geopolitical and macroeconomic uncertainty and a soft freight market, shippers continue to feel the pressure to reduce costs while maintaining high service levels. Breakthrough acts as an extension of a shippers' team to provide smart technology, actionable data, and market expertise to help shippers navigate and optimize their transportation networks.
Breakthrough, a U.S. Venture company, is a leading innovator empowering shippers with data, technology, and market knowledge to reduce cost, create fair partnerships, and improve transportation network efficiency and sustainability. By leveraging a robust dataset of over $25 billion in annual freight spend, Breakthrough uncovers freight optimizations and removes distortion from traditional transportation practices. Together with its shipper clients, Breakthrough is transforming the transportation industry by building a more effective and sustainable freight ecosystem. The company was named to Fast Company’s Most Innovative Companies in Logistics in 2021, is a recipient of the prestigious “Winning Through Innovation” award from Unilever, and is a five-time recipient of Procter & Gamble’s “External Business Partner Excellence Award.
FreightWaves is a price reporting agency (PRA) focused on the global freight market and the leading provider of high-frequency data for the global supply chain. FreightWaves’ price, demand, and capacity data allow customers to benchmark, analyze, monitor, and forecast the global physical economy.
Walker Sands for Breakthrough