XSCapacity receives funding from Venture Farm

image Irvine based VentureFarm, an early stage venture fund, has invested in XSCapacity, an online marketplace that allows businesses to solicit competitive bids on the shipment of freight, directly from trucking companies.

XSCapacity makes it possible to utilize excess capacity in partially filled trucks that ply across the US every day. According to the company, this can result in savings for the shipper, not to mention the reduction of the environmental impact of empty or partially filled trucks moving across the country. According to Sid Mohasseb, managing partner of Venture Farm, “XSCapacity is the Priceline of the transportation industry”

XSCapacity is founded by CEO Steve Krubenski, who has a background in accounting and transportation, and Dave Dobbins who directs carrier operation and has 3 decades of experience in freight. Steve Krubenski and Dave Dobbins are associated with IBP corporation, a company that offers freight logistics support and technology through its product LTCQuickbid, which was rolled out in July of 2006. The group also operates other logistics websites such as XSTrailerspace.com.

 

Technorati Tags: xscapacity, IBP corporation, LTC quickbid, freight, logistics, trucking

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