SmartHop and Redwood Logistics Join Forces to Meet the Needs of New Owner-Operators

Partnership Will Bring New Load Opportunities to Small Carriers

MIAMI–(BUSINESS WIRE)–SmartHop, the total dispatch solution that enables businesses to truck smarter not harder, today announced its partnership with Redwood Logistics, a leading logistics platform company. The partnership integrates Redwood’s API with SmartHop’s intelligent solution to streamline and offer better load opportunities for drivers.

“Nearly 90 percent of the trucking industry is powered by small carriers, yet the support available to these drivers is limited,” said Guillermo Garcia, CEO and co-founder of SmartHop. “By bringing Redwood onto SmartHop’s platform, we can change the tide and offer more load opportunities to owner-operators and small fleets.”

Redwood Logistics has been providing solutions for moving and managing freight for nearly 20 years. Integrating with SmartHop helps extend the reach of Redwood’s community to better respond to the evolving needs and challenges of owner operators.

“The integration with the SmartHop platform will enable us to drive carrier utilization and provide freight opportunities to carriers of all sizes,” said Michael Johnson, EVP of Strategy at Redwood Logistics. “By partnering with SmartHop, we are able to expand our capacity ecosystem and better serve our shipping partners through our digital freight brokerage”

Since SmartHop’s debut in February, the company grew rapidly with a $4.5M seed funding round in July. The partnership news follows SmartHop’s recent executive team expansion, enabling the company to push forward new innovations and capabilities that provide a complete, business-in-a-box solution for small carriers.

For more information on the partnership or to sign up as a driver, visit: www.smarthop.co

About SmartHop

North American truckers move billions of tons of freight annually, and SmartHop is here to move with them as their trusted copilot. SmartHop uses artificial intelligence to deliver smart load recommendations, full-service back-office support, performance tracking and digital bookings at guaranteed above-market rates for small trucking companies. SmartHop lets truckers focus on the road. We handle everything else. SmartHop is led by Equal Ventures, a seed stage venture fund based in New York. Additional investors in the round include Greycroft and Las Olas VC. Among SmartHop’s investors are Alex Yeager, director at Redwood Logistics, Andrew Leto, founder of GlobalTranz and Emerge TMS, and Jett McCandles, founder of logistics company Project44. For more information, visit: www.smarthop.co

About Redwood Logistics

Redwood Logistics, a leading logistics platform company headquartered in Chicago, has been providing solutions for moving and managing freight for nearly 20 years. The company’s diverse portfolio includes digital freight brokerage, flexible freight management, and innovative platform services that simplify the integration of disparate supply chain technology. Redwood Logistics connects its diverse roster of customers to the power of supply chain management, technology and the industry’s brightest minds. For more information, connect with us by visiting our website.

Contacts

Stephanie Chan

Senior Account Manager

smarthop@shiftcomm.com