Post.Bid.Ship

Based in Scottsdale, Arizona, Post.Bid.Ship operates as a neutral digital freight platform, aiming to resolve inefficiencies within the freight transportation marketplace. The company was founded in July 2010 by Jarret Hamstreet and Micky Thompson, both graduates of the McGuire Center for Entrepreneurship at The University of Arizona. Hamstreet's experience in his family's trucking business was the catalyst for creating a platform to bring digital convenience to the highly fragmented freight industry. What began as a business school project evolved into a venture-backed company that grew to serve over 11,000 users and secured multiple rounds of funding. In October 2021, the company was acquired by ParagonX Holdings.

Post.Bid.Ship provides a web-based software platform that facilitates a reverse auction for spot market freight, directly connecting commercial shippers and freight brokers with a network of carriers. The business model is designed to benefit all parties. For shippers, it is a subscription-based service that allows them to post loads and receive competitive bids, either from their private network of vetted carriers or the broader public marketplace. This process is enhanced with real-time market data and analytics, allowing for informed, cost-effective decision-making without brokerage fees. For carriers, the platform is free to use; they can find loads that match their route and equipment preferences to reduce empty miles, paying a small fee only for the loads they secure.

The platform's core function is to automate and streamline the freight procurement process, replacing manual phone calls and emails with an efficient, transparent digital marketplace. It captures extensive data from all bids, not just the winning ones, providing shippers with valuable analytics on carrier response times and bid spreads. A key feature is its ability to integrate with existing Transportation Management Systems (TMS) via a Restful API, offering a spot freight tendering solution for logistics software providers and other platforms. The company emphasizes carrier quality, with a comprehensive screening process for safety, insurance, and performance ratings, recognizing that shippers often prioritize reliability over the absolute lowest bid.

Keywords: digital freight matching, freight marketplace, spot freight, transportation procurement, logistics technology, shipper solutions, carrier capacity, freight bidding, reverse auction, transport management system integration, supply chain software, freight analytics, load matching, empty miles reduction, B2B shipping, freight automation, real-time freight rates, online freight exchange, truckload capacity, logistics service providers