About Freight Systems
Freight Systems is a company based in Dubai (United Arab Emirates) founded in 1988.. The company has 506 employees as of March 31, 2024. Freight Systems offers products and services including LCL Freight, FCL Freight, Air Freight, and Frescon Software. Freight Systems operates in a competitive market with competitors including Raj Logistics, Total Freight Solutions, Masstrans Freight, FILS and Skyline Air, among others.
- Headquarter Dubai, United Arab Emirates
- Employees 506 as on 31 Mar, 2024
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Sectors
Transportation, Automotive & Logistics
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Phone
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Website
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Social
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- Legal Name Freight Systems (India) Private Limited
- Date of Incorporation 07 Dec, 1993
- Jurisdiction Chennai City Corporation, Tamil Nadu, India
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Annual Revenue
$51.23 M (USD)-41.5as on Mar 31, 2024
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Net Profit
$417.8 K (USD)-86.58as on Mar 31, 2024
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EBITDA
$290.11 K (USD)-93.06as on Mar 31, 2024
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Latest Funding Round
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Investors
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Employee Count
506
as on Mar 31, 2024
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Products & Services of Freight Systems
Freight Systems offers a comprehensive portfolio of products and services, including LCL Freight, FCL Freight, Air Freight, and Frescon Software. 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.
Provides cargo-based solutions for less than container load shipments
Offers full container load shipping with reduced risk of damage
Delivers international air shipping through strategic partnerships
Enables online quoting, booking, and tracking of shipments
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Funding Insights of Freight Systems
| 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 |
Investments & Acquisitions by Freight Systems
| 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 - Freight Systems
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| 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 |
Freight Systems Comparisons
Competitors of Freight Systems
Freight Systems 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 Raj Logistics, Total Freight Solutions, Masstrans Freight, FILS and Skyline Air, 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 |
Integrated warehousing and freight transportation services are provided.
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| domain | founded_year | HQ Location |
Air and ocean freight forwarding and logistics services are provided.
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| domain | founded_year | HQ Location |
Offers freight forwarding, relocations, and logistics solutions in Dubai.
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| domain | founded_year | HQ Location |
Offers air and sea freight logistics services.
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| domain | founded_year | HQ Location |
Offers comprehensive air and water freight forwarding solutions for efficient global logistics.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
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 Freight Systems
Frequently Asked Questions about Freight Systems
When was Freight Systems founded?
Freight Systems was founded in 1988.
Where is Freight Systems located?
Freight Systems is headquartered in Dubai, United Arab Emirates. It is registered at Dubai, Dubai, United Arab Emirates.
Who is the current CEO of Freight Systems?
David Phillips is the current CEO of Freight Systems.
How many employees does Freight Systems have?
As of Mar 31, 2024, the latest employee count at Freight Systems is 506.
What is the annual revenue of Freight Systems?
Annual revenue of Freight Systems is $51.23M as on Mar 31, 2024.
What does Freight Systems do?
Freight Systems was founded in 1988 and is headquartered in Dubai, United Arab Emirates. Operations focus on the logistics sector, where air and ocean freight forwarding services are managed alongside broader transportation solutions. These activities support global supply chains, with emphasis on efficient cargo handling across international routes. Key personnel, including CEO David Phillips, oversee strategic direction in this competitive industry.
Who are the top competitors of Freight Systems?
Freight Systems's top competitors include Raj Logistics, Total Freight Solutions and Masstrans Freight.
What products or services does Freight Systems offer?
Freight Systems offers LCL Freight, FCL Freight, Air Freight, and Frescon Software.