Key facts
- Founded 1984 · headquartered in Elmhurst, IL
- Privately held
- FMCSA broker authority: ACTIVE (MC-635012)
- Gross revenue: $0.025B (est.) per Transport Topics 2024
- Primary freight modes: LTL, Parcel
About Tranzact (Freedom Logistics broker)
TranzAct Technologies Inc. is an Elmhurst, IL-based freight technology company and freight broker founded in 1984, privately held and woman-owned (WBENC certified). Its brokerage operations are run through sister entity Tranzact Systems Ltd (DBA Freedom Logistics), which holds the FMCSA broker authority — MC-635012 / DOT 2241448. Tranzact's brokerage and transportation management capabilities are built on a technology-first foundation: the platform was designed as an LTL rating, carrier procurement, and freight audit tool before brokerage was added as a service layer. With an estimated $25 million in brokerage gross revenue, the company's financial footprint as a broker is modest, but its platform touches significantly more freight volume through its managed transportation and audit services. Earlier directory copy attributing Tranzact to Körber AG was factually incorrect — Körber never acquired Tranzact.
Tranzact's primary value proposition for shippers is its multi-carrier LTL rate optimization and parcel management platform. Rather than simply booking freight with a single carrier, Tranzact's technology shops rates across a network of LTL carriers in real time, identifies the optimal carrier for each shipment based on rate, transit time, and service parameters, and automates the booking process. The freight audit and payment capability — catching billing errors, duplicate invoices, and accessorial charge discrepancies — is an additional value layer that many mid-to-large shippers underutilize when working with manual or single-carrier programs.
Shippers evaluating Tranzact should understand the dual nature of the offering: it is both a technology platform and a freight broker, and the two are best used together. The combination is well-suited to shippers with significant LTL or parcel complexity who want rate management plus brokerage execution under one roof. For shippers that primarily need FTL, reefer, flatbed, or intermodal brokerage, Tranzact is not the right fit. Its strength is in LTL and parcel optimization, rate management, and freight bill audit for shippers with significant multi-carrier complexity.
Listing assembled from public records (FMCSA Li-Public, Transport Topics, company website). Are you Tranzact (Freedom Logistics broker)? Claim this profile →
Load Types Transport Topics Top 100
FMCSA & Licensing FMCSA Li-Public
Coverage
National LTL and parcel coverage across 48 contiguous states via carrier rate management platform
Strongest Lanes
Pros & Cons
- Technology-first platform — multi-carrier LTL rate shopping and parcel optimization beyond basic brokerage
- Freight audit and payment automation catches billing errors and accessorial overcharges
- API and EDI integration are first-class — strong connectivity for shippers with TMS or ERP systems
- Privately held and woman-owned (WBENC certified) — independent governance with 40+ years of operating history (founded 1984)
- Instant LTL quoting across multiple carriers in a single platform
- Limited to LTL and parcel — no FTL, reefer, intermodal, flatbed, or cross-border brokerage
- Estimated $25M brokerage gross revenue — platform revenue likely exceeds brokerage revenue
- Smaller brand visibility than VC-backed or PE-owned competitors of similar scale
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FAQ
Is Tranzact licensed and bonded as a freight broker?
Tranzact's brokerage operates under sister entity Tranzact Systems Ltd (DBA Freedom Logistics) — MC-635012 / DOT 2241448, registered at 360 W Butterfield Rd, Elmhurst, IL 60126. Active BMC-84 surety bond ($75,000) with American Alternative Insurance Corporation (eff. 09/20/2023). TranzAct Technologies Inc. is the sister audit/payment + TMS company; both are privately held and woman-owned (WBENC). Tranzact is independent — not a Körber AG subsidiary, despite earlier directory copy. Verify at li-public.fmcsa.dot.gov.
What types of freight does Tranzact move?
Per Transport Topics, Tranzact handles LTL and parcel via its multi-carrier rating platform. FTL, reefer, intermodal, flatbed, and expedited are not brokered. Best for shippers needing LTL/parcel rate optimization.
How do Tranzact's rates compare to other freight brokers?
Tranzact's LTL and parcel rates are optimized across multiple carriers, picking the lowest-cost compliant carrier per shipment. With freight audit savings, LTL/parcel spend can drop 5–15% vs. single-carrier management.