Truckstop.com acquires heavy haul rating specialist Wize Load
The freight matching and transportation tech firm Truckstop.com today said it has acquired Wize Load, a provider of heavy haul rate intelligence tools, saying the move was part of its continued investment in heavy haul, oversized, and specialized freight.
According to Idaho-based Truckload.com, freight that involves open deck, heavy haul, or overdimensional equipment often requires more planning than standard truckload. For example, equipment requirements, permits, escorts, routing limits, and specialized equipment all affect how loads are priced and moved, and quoting these shipments can take more time without the right data.
To address that issue, the company has renamed Wize Load as βTruckstop Heavy Haul Rates,β and says the platform will give brokers a faster way to estimate pricing by bringing lane data, permit rules, and equipment requirements together in one place.
βThis acquisition reflects our long-term focus on freight that requires more planning than standard truckload,β said Scott Moscrip, founder and CEO of Truckstop.com. βWe are doubling down on technology built for heavy haul, oversized, and overdimensional freight, including the Heavy Haul Load Board and now Heavy Haul Rates. When a load involves permits, escorts, or specialized equipment, pricing has to be right before the truck moves.β
Terms of the deal were not disclosed.
