123Loadboard

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Online freight platforms
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Canada-based 123Loadboard offers an online freight matching marketplace for carriers, owner-operators, brokers, and shippers across North America. Carriers can locate loads either by type of equipment (such as van loads, flatbed loads, and reefer loads) or by load sizes (such as full truckload [FTL], less than truckload [LTL], and hotshot loads). For carriers, it offers features like “Rate Check” to check industry rates and negotiate better rates with shippers and “Quick Pay” for same-day funding. Services rendered to shippers include “Truck Locator” to access GPS-verified trucks, “Posting Aid” software to assist shippers to upload and post loads, and real-time load posting, among others.

The company claims to have served 835,000+ users and moved 72 million loads yearly as of July 2024. 123Loadboard charges a monthly subscription fee depending on added features such as mileage and maps, document capturing and storage, industry rate checking facilities, and the number of users.

Key customers and partnerships

123Loadboard’s customers include Armstrong Transport, Pegasus Trucking, Able Logistics, TQL, DSV, Mercer Transportation, England Logistics, Knight Transportation, and J.B. Hunt.

The company’s transport management system (TMS) integrations include TMW, McLeod Software, AscendTMS, MercuryGate, Descartes Aljex, and Tailwind. It also has partnerships with capacity management platform Parade (May 2021), freight matching companies LoadBoard Network (February 2022), Loadzpro (June 2023) and EXO Freight (July 2023).

HQ location:
485 McGill Street Suite 1100 Montreal QC CAN
Founded year:
2004
Employees:
51-100
IPO status:
Private
Total funding:
-
Last Funding:
-
Last valuation:
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