FreightWaves has unveiled its sixth annual FreightTech 100 list, spotlighting the most innovative companies in the freight technology sector. This announcement sets the stage for the FreightTech 25, which will be revealed in November at the F3: Future of Freight Festival in Chattanooga, Tennessee.
The 2024 FreightTech 100 directory does not exist in a vacuum. This year has proved to be a challenge across the tech sector, and many (if not all) of these companies have struggled in one way or another to trudge through it. Just days ago, visibility provider project44 — which ranked No. 1 on the 2023 FreightTech 25 — made public that it was laying off 116 employees.
Project44 is far from the only FreightTech company to undergo layoffs in 2023. Many FreightTech executives have had to grapple with similar decisions in recent months, as they’ve shifted from ‘peacetime’ to ‘wartime’ mentalities.
RELATED: Investors continue to pump funding into FreightTech
Let this list serve as a testament to resilience among the most technologically progressive in the freight transportation space.
2024 FreightTech 100
Related: See previous winners
Methodology
The FreightTech 100 list is produced by a panel of journalists, analysts and experts chosen by FreightWaves. The voting form included more than 250 companies with information condensed from nearly 900 nominations.
The list will undergo further scrutiny by third-party auditor Henderson, Hutcherson and and McCullough (HHM). The firm will conduct voting among more than 80 executives, investors and academics from across the industry to determine the FreightTech 25.
The FreightTech 25 will be determined through a points-based system, with each voter ranking the industry’s 25 most innovative and disruptive companies. The company a voter ranks first will earn 25 points, second 24 points and so on. The list will then be sorted in descending order based on total points.
The 25 companies that earn the most points will be announced as winners at the FreightWaves F3: Future of Freight Festival on Nov. 7-9, and you can secure your spot today.
NOVEMBER 7-9, 2023 • CHATTANOOGA, TN • IN-PERSON EVENT
The second annual F3: Future of Freight Festival will be held in Chattanooga, “The Scenic City,” this November. F3 combines innovation and entertainment — featuring live demos, industry experts discussing freight market trends for 2024, afternoon networking events, and Grammy Award-winning musicians performing in the evenings amidst the cool Appalachian fall weather.
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