December 17, 2020 (Austin, TX) — Shipwell, whose connected, cloud-based platform has revolutionized the way many food and beverage companies ship products, has been awarded Food Logistics’ FL100+ award.

The award is given to software and technology companies that lead the food and beverage industry in innovation and whose solutions and services provide businesses the opportunity to improve productivity and gain efficiencies within their enterprises.

Shipwell has successfully helped food and beverage companies overcome three formidable challenges: tight margins, spoilage and waste and a volatile market. In fact, within six months of implementing Shipwell’s solution, its customers’ on-time deliveries increased to 98% or better, on average. In addition, they saved 16% in transportation costs and reduced chargeback claims by 50% in that timeframe.

The Shipwell solution digitally transforms supply chains by combining industry-leading transportation management, real-time visibility and an integrated partner network. It seamlessly scales as businesses grow and improves the customer experience.

“We’re incredibly honored to have been awarded the FL100+,” said Shipwell’s President and Cofounder, Jason Traff. Traff said Shipwell appreciates that the food and beverage industry faces huge challenges, some that go beyond what other types of businesses grapple with. Product waste and slim profit margins are just two examples.

“Our platform has given customers full control over their logistics operation, enabling them to react quickly in volatile markets while also reducing operating expenses,” said Traff.

About Shipwell

Shipwell is transforming the supply chain industry with a cloud-based shipping solution that grows with your business. Our connected SaaS platform combines the features and functionality of a TMS with advanced visibility and an integrated partner network in a simple solution that uses data analytics and workflow automation to maximize efficiencies and reduce total cost of ownership. Our innovative architecture delivers actionable, data-driven insights so customers can focus on high-priority tasks, identify and resolve transportation issues and quickly access capacity. From order management to financial reconciliation, Shipwell’s platform saves time, reduces cost and optimizes the shipping experience throughout the supply chain. Shipwell has been recognized as a notable vendor in the 2020 Gartner Magic Quadrant for TMS, a Forbes 2020 Next Billion-Dollar Startup, and a FreightTech 25 for both 2020 and 2021.

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