We are proud to announce that Redwood Logistics has received the 2020 FreightTech 100 Award!
This annual awards ceremony is hosted by FreightWaves to put a spotlight on the most actively innovative and disruptive companies in the freight industry. This year, there were 255 companies all competing for a spot. These companies ranged from new start-ups to more traditional logistics giants. The companies being nominated for a spot on the list were tallied by a total of 1,200 votes.
Out of those companies, 100 were selected based on a variety of criteria and the number of nominations received for each. From this pool of companies, 70 of them are returning winners (Redwood Logistics is in this group) and 30 of them are first-time winners.
In fact, in a quote from FreightWaves CEO Craig Fuller, he said “This is not a ‘pay to play’ competition. The companies that make it into the FreightTech 100 do so because they are changing the freight industry in new and dynamic ways.”
Next, all 100 companies will be further analyzed and judged by a panel of industry experts. Each member of the panel will choose their best 25 companies out of the original 100. They will rank them in order of 1 through 25. The larger the number, the more points the company accumulates. The 25 companies with the highest scores will be announced at FreightWaves LIVE in Chicago on November 12th-13th for 2020 FreightTech 25 awards.
We would like to thank all of our partners, clients, and supporters for helping us bring this award home again this year. It is only through a positive work culture, transparency, and a strong network that this is achievable.