Arrive Logistics has entered the Phoenix Market. The company is a freight brokerage with a focus on technology, located in Austin, Texas.
Arrive Logistics has leased 15,000 sq. ft. for its new office located at 4940 South Wendler Drive, Tempe. Arrive's Tempe offices currently employ more than 30 people, and J-Ann Tio is the chief strategy officer of Arrive Logistics. The company hopes to double this number in the coming year.
She said, 'We will continue to bring in top talent for our Phoenix offices'. The current office can house just over 130 employees.
Tio stated that the company was looking for people to fill positions in accounting, sales, and business development.
Arrive made the decision to open a Tempe office based on its reputation as "a booming logistics hub", as well as the proximity of the company to their shipping and carrier partners. Arrive also surveyed current employees about possible relocation options.
Tio stated that Phoenix consistently ranks highly on this list.
Arrive has also opened a new office in Columbus, Ohio. This brings the total number of offices for Arrive to seven across the country. The company expanded last year to Tampa, Florida, and San Antonio Texas.
Last year, Arrive generated revenues of more than $2.3 Billion. Arrive has over 1,700 employees, and its network includes 70,000 carriers. According to its website, customers include US Foods and Kellogg's Co. Dairy Farmers of America, Samsung Electronics Co. Ltd.
Matt Pyatt said that Arrive's success and scalability will increase as long as they focus on the things that matter most to their partners, such quality service, pricing and relationships. Our continued investment in these key areas allows us to maintain growth which outperforms that of our competitors and benefits our customers, employees and carriers.
In April 2021, the company announced a $300-million funding round led New York City's private equity firm ATL Partners. Arrive was able to recover from a turbulent 2020 when it had a 10% layoff or furlough of its staff due to the Covid-19 pandemic. This funding round followed a series B round in 2019 that raised $25 million.