INDIANAPOLIS, May 16, 2024 /PRNewswire/ -- Spot, a North American logistics leader, has joined CargoNet® from Verisk (Nasdaq: VRSK), a leading global data analytics and technology provider, to fortify its defenses against a surge in cargo theft. This strategic alliance leverages secure data sharing, investigative expertise, and advanced risk analysis to safeguard Spot's customers and maximize cargo recovery rates. Cargo theft in the United States skyrocketed by over 57% in 2023 compared to 2022, according to CargoNet, a Verisk business, with a further 68% increase in the fourth quarter alone.Since its launch in 2010, Verisk's CargoNet has helped its clients recover over $100 million in stolen tractors, trailers, and cargo. In addition, the solution has successfully aided law enforcement with dozens of arrests, using its 24/7/365 command center and cargo crime database. At its core, Verisk's CargoNet allows transportation companies like Spot and the carriers they work with to reduce their risk of becoming victims of cargo theft and have a better chance at recovering stolen freight."At Spot, we are committed to providing our customers with the highest level of security for their freight. By joining Verisk's CargoNet, we are gaining access to a comprehensive suite of cargo security solutions and information sharing that will help us further protect our customers' shipments from theft, provide critical information to law enforcement, and report suspicious activity," said Kreg Hunter, Spot's Vice President of Operations

INDIANAPOLIS, April 16, 2024 /PRNewswire/ -- Spot, a leading North American logistics company, has been named to the 2024 Transport Topics Top 100 Logistics Companies List. The company secured the top ranking among Indiana-based freight brokers and achieved a national ranking of 33rd. The annual list ranks companies based on gross revenue from the preceding year."Being named a Transport Topics Top 100 company, especially during a period of market headwinds, is a true testament to the dedication and innovation of the entire Spot team," said Andrew Elsener, Co-founder of Spot. "We're incredibly proud to be recognized as a leader in North American logistics, and we're committed to continuously exceeding expectations for our clients despite challenging market conditions."This achievement comes amidst a challenging market environment for the third-party logistics (3PL) industry. According to the Transportation Intermediaries Association's latest 3PL market report, the fourth quarter of 2023 saw a 4.7% decline in shipments, a 4.3% decrease in invoice amount per shipment, and an 8.8% drop in total revenue compared to the third quarter. Despite these industry challenges, Spot's performance demonstrates its commitment to excellence and ability to navigate complex market conditions.Since 1935, Transport Topics has been the news leader in trucking and freight transportation

INDIANAPOLIS, March 20, 2024 /PRNewswire/ -- Spot, a leading third-party logistics company in North America, announced it is a recipient of the prestigious 2024 Top Workplaces USA award, featured in USA TODAY. This achievement underscores the organization's dedication to fostering a people-first workplace culture and prioritizing the employee experience."Being recognized as a Top Workplace goes beyond our company's success – it's a true reflection of our people's leadership in logistics," said Andrew Elsener, Co-Founder of Spot. "Our collaborative environment fosters not just a business, but a community of logistics innovators dedicated to pushing the boundaries and serving our customers at the highest level."With a history spanning 17 years, the Top Workplaces program has surveyed over 27 million employees, spotlighting culture excellence across 60 regional markets. The Top Workplaces USA designation honors the nation's greatest employers of choice."Winning Top Workplaces is excellent recognition for our incredible team. This award is a testament to their dedication, talent, and what they bring to the table daily," said Denny Darrow, Senior Vice President for Human Resources. "We invest in our people because we know they're the engine that drives our success