GlobalTranz
Encyclopedia
GlobalTranz is a logistics and supply chain management firm based in Phoenix, Arizona
, which provides LTL, FTL, Supply Chain logistics, Warehouse management and Air Freight services for its base of 6,000 small to medium- sized businesses looking to transport products from point A to point B in the U.S. and Canada. GlobalTranz has an agent-based network with about 500 independent contractors in the US. In January of 2011, Volition Capital, a growth equity firm that invests in high-potential, founder-owned technology companies, invested $10 million in GlobalTranz. The proceeds will be applied toward working capital and growth investment across a variety of verticals within the company.
, customers navigate through a variety of portals to select the best rate for their LTL and Truckload shipping needs. CarrierRate.com acts similar to Travelocity
for the freight industry, allowing customers to access shipping rates, tracking, transit times and a variety of other shipping options online.
for both local and national customers.
In 2008, GlobalTranz joined the EPA SmartWay Transport Partnership
, an association with the overall goal of reducing greenhouse gases such as carbon dioxide produced while still connecting client with viable shipping solutions.
GlobalTranz was named on the Inc. (magazine)
500 Fastest Growing Private Companies list in 2008, 2009 and 2010 as revenue increased by over 1,100% from previous years. In 2011, GlobalTranz was named no. 2 fastest-growing privately held company in Arizona and no. 29 in revenue for the state. GlobalTranz also ranked in the top 5 Fastest Growing Companies in the Phoenix-Mesa-Scottsdale area for two years running.
Phoenix, Arizona
Phoenix is the capital, and largest city, of the U.S. state of Arizona, as well as the sixth most populated city in the United States. Phoenix is home to 1,445,632 people according to the official 2010 U.S. Census Bureau data...
, which provides LTL, FTL, Supply Chain logistics, Warehouse management and Air Freight services for its base of 6,000 small to medium- sized businesses looking to transport products from point A to point B in the U.S. and Canada. GlobalTranz has an agent-based network with about 500 independent contractors in the US. In January of 2011, Volition Capital, a growth equity firm that invests in high-potential, founder-owned technology companies, invested $10 million in GlobalTranz. The proceeds will be applied toward working capital and growth investment across a variety of verticals within the company.
Services
GlobalTranz is a freight brokerage for any type of product and a completely non-asset based logistics provider. Using CarrierRate.com, a free transportation management systemTransportation management system
A transportation management system is a subset of supply chain management concerning transportation operations and may be part of an enterprise resource planning system....
, customers navigate through a variety of portals to select the best rate for their LTL and Truckload shipping needs. CarrierRate.com acts similar to Travelocity
Travelocity
Travelocity is an online travel agency and wholly owned subsidiary of Sabre Holdings Corporation, which was a publicly traded company until taken private by Silver Lake Partners and Texas Pacific Group in March 2007...
for the freight industry, allowing customers to access shipping rates, tracking, transit times and a variety of other shipping options online.
History
Andrew Leto founded GlobalTranz in 2003 in Phoenix, Ariz. as a "one-stop-shop" for supply chain managementSupply chain management
Supply chain management is the management of a network of interconnected businesses involved in the ultimate provision of product and service packages required by end customers...
for both local and national customers.
In 2008, GlobalTranz joined the EPA SmartWay Transport Partnership
SmartWay Transport Partnership
The SmartWay Transport Partnership is an innovative collaboration between the freight industry and the U.S. Environmental Protection Agency . Endorsed by major freight industry associations, companies, and trade publications, SmartWay Transport is leading the way to greater fuel efficiency and...
, an association with the overall goal of reducing greenhouse gases such as carbon dioxide produced while still connecting client with viable shipping solutions.
GlobalTranz was named on the Inc. (magazine)
Inc. (magazine)
Inc. magazine, founded in 1979 and based in New York City, is a monthly publication focused on growing companies. The magazine publishes an annual list of the 500 fastest-growing private companies in the U.S., the "Inc...
500 Fastest Growing Private Companies list in 2008, 2009 and 2010 as revenue increased by over 1,100% from previous years. In 2011, GlobalTranz was named no. 2 fastest-growing privately held company in Arizona and no. 29 in revenue for the state. GlobalTranz also ranked in the top 5 Fastest Growing Companies in the Phoenix-Mesa-Scottsdale area for two years running.