Transfix, a provider of freight matching and tracking solutions for fleets, has partnered with Rocket Shipping, a managed transportation service provider, to enhance its Shipper App with less-than-truckload (LTL) quoting and tendering features.
By integrating Rocket Shipping's expertise in LTL operations into the Shipper App, Transfix aims to provide a comprehensive platform for its customers' freight operations. It expects to provide users with faster support, enhanced LTL operations, and access to more competitive shipping rates.
Analyst QuickTake: Transfix has displayed an increased focus on enhancing its product offering. In August 2023 , the company launched a new security feature for its platform aimed at verifying load authenticity and reducing freight fraud, and in November 2023 , launched a new service geared toward simplifying the traditional request for proposal (RFP) and freight procurement process for shippers. The company also intended to invest funds raised in its recent Series F round toward product development.
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