Railroad and Shipping and Transportation, Distribution & Logistics and Distribution & Logistics

Upstart Indianapolis logistics firm plans to add 73 jobs

November 9, 2011

Spot Freight Inc., an Indianapolis-based provider of logistics services to third parties, said Wednesday that it plans to expand its headquarters, creating up to 73 jobs by 2015.

Spot Freight provides truckload, less-than-truckload, intermodal and freight-management services. The two-year-old firm said it will upgrade its technology infrastructure and will invest more than $500,000 to lease and equip space downtown.

The company, which currently has 13 Indiana employees, plans to begin hiring additional dispatchers and customer service and freight sales representatives this year.

"Spot Freight has been in business for a short time, but their growth has already been remarkable," Indiana Gov. Mitch Daniels said in a statement.

The firm, founded by Andrew Elsener and Andy Schenk, aims to provide better value to customers by taking a more organized approach to their logistics needs. The company projects revenue of more than $30 million in 2012.

The Indiana Economic Development Corp. offered Spot Freight  up to $650,000 in performance-based tax credits and up to $20,000 in training grants based on the company's job creation plans. The city of Indianapolis will consider additional property tax abatement.

 

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