Loop has been recognized in the 2026 Gartner® Market Guide for Freight Audit and Payment Providers. The Gartner® Market Guide provides an overview of the evolving freight audit and payment (FAP) market, outlining common challenges shippers face in managing transportation spend and the capabilities organizations should consider when evaluating vendors.
“We’re thrilled to be recognized, but we’re just getting started.”
Since founding in 2021, we have grown rapidly into a recognized brand within the FAP segment by delivering the industry’s first Logistics Data Platform. Built on a full-stack AI data foundation, our platform unifies transportation, logistics, and financial data to support more accurate audits, faster payment execution, and deeper insight across operations.
“The freight audit and payment (FAP) industry sits at the intersection of $11+ Trillion in spend between manufacturers, retailers, carriers and suppliers. This intersection is where messy data creates massive friction. A vertical approach to AI is the solution for FAP and more. Training LLMs on untapped supply chain data lays the foundation for agents to unlock massive productivity in the physical economy. It’s happening at an unprecedented pace and scale.” said Matt McKinney, CEO & Co-Founder of Loop.
"Training LLMs on untapped supply chain data lays the foundation for agents to unlock massive productivity in the physical economy. It’s happening at an unprecedented pace and scale.”
Our core strengths span freight audit and payment, parcel intelligence, and real-time visibility—supported by best-in-class experts, advanced analytics and a proprietary AI model, Dux™, designed to automate transportation data extraction with speed and accuracy across the end-to-end audit and payment lifecycle.
In our opinion, being recognized in this year’s market guide validates our AI-first approach in this space. “Legacy software development wasn’t designed to handle the dynamic nature of supply chains or the fragmented data that runs through them,” said CTO and Co-Founder Shaosu Liu. “Solving that requires a full-stack AI approach, which isn’t possible without world-class talent, only seen elsewhere in frontier research labs. We’ve materialized a platform that finally turns logistics data into a massive competitive advantage.”
On top of that, over the past year, our merger with Data2Logistics and acquisition of StrategIQ Commerce significantly expanded our freight under management and capabilities across parcel management, real-time visibility, consulting services, and global payment execution.
To us, this recognition is a testament to the hard work of every team member and, most importantly, the trust of our customers. Their scale, complexity, and shared vision continue to push us to build better systems, and their success stories are what ultimately make this possible.
“Being included in the 2026 Gartner Market Guide, in our opinion, reinforces the long-term direction we’re building toward,” said McKinney. "We are continuing to innovate in the supply chain, motivated by our vision to industrialize services to elevate human prosperity toward the ultimate goal of unlocking value trapped in operations powering the physical economy."
In the words of Shaosu, “We’re thrilled to be recognized, but we’re just getting started.”
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