Fifth Wheel Freight

Fifth Wheel Freight

Third-party logistics and transportation services

About Fifth Wheel Freight

Simplify's Rating
Why Fifth Wheel Freight is rated
C
Rated C on Competitive Edge
Rated B on Growth Potential
Rated D+ on Rating Differentiation

Industries

Automotive & Transportation

Company Size

51-200

Company Stage

Grant

Total Funding

$1.9M

Headquarters

Kentwood, Michigan

Founded

2012

Overview

Fifth Wheel Freight provides third-party logistics and transportation services, acting as a bridge between shippers who need to transport goods and carriers who handle the transportation. The company operates a selective network of carrier partners, which allows it to offer flexible and efficient transportation solutions tailored to the needs of its clients. FWF generates revenue by charging fees based on the volume and complexity of shipments, and it enhances its services with value-added options like streamlined processes for carriers and fast payments through TriumphPay. What sets FWF apart from competitors is its commitment to transparency, a proactive approach, and a strong work ethic, making it a reliable partner for businesses looking to optimize their supply chain. The company's goal is to achieve sustainable growth while fostering a collaborative work environment that encourages excellence among its team members.

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Simplify's Take

What believers are saying

  • Digital freight matching platforms streamline operations, reducing costs for FWF.
  • Autonomous trucking technology could reduce labor costs and increase delivery efficiency.
  • E-commerce growth drives demand for LTL and TL services, expanding FWF's opportunities.

What critics are saying

  • Rising fuel costs may impact FWF's transportation expenses and profitability.
  • Driver shortages could lead to increased operational costs and service delays for FWF.
  • Sustainability pressures may require FWF to invest in costly eco-friendly technologies.

What makes Fifth Wheel Freight unique

  • FWF offers both LTL and TL shipping, providing flexibility for diverse client needs.
  • Partnership with TriumphPay ensures fast, secure payments, enhancing carrier relationships.
  • FWF's proactive approach and transparency build trust with shippers and carriers.

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Funding

Total Funding

$1.9M

Above

Industry Average

Funded Over

1 Rounds

Grant funding comparison data is currently unavailable. We're working to provide this information soon!
Grant Funding Comparison
Coming Soon

Benefits

Health Insurance

Dental Insurance

Vision Insurance

Life Insurance

Disability Insurance

401(k) Retirement Plan

401(k) Company Match

Paid Vacation

Paid Sick Leave

Paid Holidays

Parental Leave

Employee Assistance Programs

Gym Membership

Growth & Insights and Company News

Headcount

6 month growth

↑ 0%

1 year growth

↓ -1%

2 year growth

↓ -1%
FWF
Jan 23rd, 2024
MEDC Announces $2M Performance-Based Grant for FWF

MEDC announces $2M performance-based grant for FWF.

WOOD TV
Jan 23rd, 2024
Kentwood company receives $2M grant for new HQ

A Kentwood company has received a $2 million grant as it looks to expand.

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