Loadsmart Adds Executives, Opens New Headquarters

Loadsmart via YouTube

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Loadsmart has announced changes to its executive leadership team as well as the opening of a new headquarters in Chicago.

The freight technology company said Robb Porter has been named executive vice president of managed transportation, and said Narendar Shankar will take the post of vice president of global partnerships and alliances.

Porter has more than 25 of experience in commercial and operational roles, including stints with Ryder, Choice Logistics, Geodis, XPO and DB Schenker.



Shankar has worked for established companies such as VMware/Dell, NetApp and Cisco, and startups including OnApp, Instart and Udacity.

The company also announced a new 35,000-square-foot headquarters in Chicago’s West Loop area that features collaborative and communal space, which will be equipped with socially distanced workstations, modern amenities to help it compete for top talent, and additional room to accommodate future needs.

“As a major innovation hub in the U.S. and home to a robust ecosystem of incubators, accelerators and industry groups, Chicago is a thriving center of freight logistics,” Loadsmart founder Felipe Capella said in a statement. “Loadsmart has had a presence in Chicago for many years and we are extremely proud to take advantage of its advanced infrastructure to expand our footprint here.”

The company said the move comes as it has been evaluating its office reopening strategies to prioritize employees’ health and safety.

Loadsmart said it experienced a 232% year-over-year increase in revenue in the second quarter. — Transport Topics

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