About Torch

Torch is a digital third-party logistics (3PL) platform specializing in short-haul freight for distances of 50-550 miles, utilizing purpose-built technology to enhance capacity and visibility in real-time. The company addresses the inefficiencies in short-haul logistics by providing a dedicated network of carriers, ensuring faster deliveries and reduced operating costs for shippers.

```xml <problem> E-commerce growth has increased the demand for faster deliveries and inventory positioned closer to consumers, making short-haul freight (50-550 miles) a critical component of the supply chain. Traditional logistics providers often lack the specialized focus and technology needed to efficiently manage the unique challenges of short-haul routes, leading to inefficiencies and increased operating costs. </problem> <solution> Torch provides a digital third-party logistics (3PL) platform dedicated to optimizing short-haul freight, offering a purpose-built technology solution to enhance capacity and real-time visibility. By focusing exclusively on the 50-550 mile range, Torch has created a dedicated network of reliable short-haul and drayage carriers. The platform's technology is designed to address the specific challenges of short-haul logistics, enabling faster deliveries and reduced operating costs for shippers. Torch's approach injects technology into high-cost centers, reducing operating costs and providing instant access to capacity. </solution> <features> - Dedicated network of short-haul and drayage carriers - Purpose-built technology tailored for short-haul logistics - Real-time visibility and capacity management - Instant rate and availability for drayage services - Digital-first tools and services for efficient short-haul management - Data aggregation for actionable insights </features> <target_audience> Torch primarily serves shippers across various industries, including food & beverage, CPG, and retail, who require efficient and reliable short-haul freight solutions. </target_audience> ```

What does Torch do?

Where is Torch located?

Torch is based in Chicago, United States.

When was Torch founded?

Torch was founded in 2019.

How much funding has Torch raised?

Torch has raised 4000000.

Location

Chicago, United States

Founded

2019

Funding

4000000

Employees

20 employees

Major Investors

Maersk Growth

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Torch

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Executive Summary

torch3pl.com 1K+

Crunchbase

Founded 2019 – Chicago, United States

Funding

Estimated Funding

$3M+

Major Investors

Maersk Growth

Team (20+)

No team information available.

Company Description

Problem

E-commerce growth has increased the demand for faster deliveries and inventory positioned closer to consumers, making short-haul freight (50-550 miles) a critical component of the supply chain. Traditional logistics providers often lack the specialized focus and technology needed to efficiently manage the unique challenges of short-haul routes, leading to inefficiencies and increased operating costs.

Solution

Torch provides a digital third-party logistics (3PL) platform dedicated to optimizing short-haul freight, offering a purpose-built technology solution to enhance capacity and real-time visibility. By focusing exclusively on the 50-550 mile range, Torch has created a dedicated network of reliable short-haul and drayage carriers. The platform's technology is designed to address the specific challenges of short-haul logistics, enabling faster deliveries and reduced operating costs for shippers. Torch's approach injects technology into high-cost centers, reducing operating costs and providing instant access to capacity.

Features

Dedicated network of short-haul and drayage carriers

Purpose-built technology tailored for short-haul logistics

Real-time visibility and capacity management

Instant rate and availability for drayage services

Digital-first tools and services for efficient short-haul management

Data aggregation for actionable insights

Target Audience

Torch primarily serves shippers across various industries, including food & beverage, CPG, and retail, who require efficient and reliable short-haul freight solutions.