About Able Freight
Able Freight is a company based in Los Angeles (United States) founded in 1993.. Able Freight offers products and services including Air Freight, Cold Storage, Ocean Freight, Customs Brokerage, and E-Commerce Management. Able Freight operates in a competitive market with competitors including Port of Seattle, Alba Wheels Up, Sunset Transportation, US Transportation Command and EMO Trans, among others.
- Headquarter Los Angeles, United States
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Sectors
Transportation, Automotive & Logistics
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Email
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Phone
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Website
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Social
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- Legal Name Able Freight Services, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
- Investors
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Employee Count
Employee Count
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Products & Services of Able Freight
Able Freight offers a comprehensive portfolio of products and services, including Air Freight, Cold Storage, Ocean Freight, Customs Brokerage, and E-Commerce Management. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Shipping service for time-sensitive perishable goods by air.
Storage solutions for temperature-sensitive commodities.
Sea-based transport for perishable items worldwide.
Assistance with customs clearance for imports and exports.
Handling e-commerce shipping and fulfillment needs.
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Funding Insights of Able Freight
- Total Funding Total Funding
- Total Rounds 1
- Last Round Last Round
- First Round First Round
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Oct, 2020 | Amount | Private Equity Round - Able Freight | Valuation | Equity Group Investments |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Able Freight
Able Freight has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include EGI. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Investment opportunities are pursued by EGI with innovative strategies.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Able Freight
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Able Freight
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Able Freight Comparisons
Competitors of Able Freight
Able Freight operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Port of Seattle, Alba Wheels Up, Sunset Transportation, US Transportation Command and EMO Trans, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Air and ocean freight forwarding services are provided globally.
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Provider of air and ocean freight forwarding services
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Offers third-party logistics services for freight, supply chain, and international transport.
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Conducts global integrated mobility for military passengers and cargo.
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Provides air, ocean, and global logistics for international shipping needs.
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| Company Name | Domain | Founded year | HQ Location | Description |
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Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Able Freight
Frequently Asked Questions about Able Freight
When was Able Freight founded?
Able Freight was founded in 1993 and raised its 1st funding round 27 years after it was founded.
Where is Able Freight located?
Able Freight is headquartered in Los Angeles, United States. It is registered at Los Angeles, California, United States.
Who is the current CEO of Able Freight?
Orlando Wong is the current CEO of Able Freight.
What does Able Freight do?
Able Freight was established in 1993 in Los Angeles, United States, within the logistics sector. Air and ocean freight forwarding services are integrated with warehousing and broader logistics operations. These activities support supply chain management for various clients. The company is headquartered in the U.S. and serves regional and international markets. Leadership is provided by CEO Orlando Wong.
Who are the top competitors of Able Freight?
Able Freight's top competitors include Port of Seattle, Alba Wheels Up and C&H logistics.
What products or services does Able Freight offer?
Able Freight offers Air Freight, Cold Storage, Ocean Freight, Customs Brokerage, and E-Commerce Management.
Who are Able Freight's investors?
Able Freight has 1 investor. Key investors include EGI.
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