Cargomatic Gets New Funding as Rebuilding Effort Gains Traction
A $35 million injection will help the business expand after its rocky start in the freight load-matching technology sector
Genesee & Wyoming
Genesee & Wyoming Inc. today announced it has made an investment in and formed a strategic alliance with Cargomatic, Inc. (Cargomatic), a technology platform connecting shippers and truck carriers with a focus on short-haul markets.
Trucking Start-Up Cargomatic Wants to be Shipping’s Uber
The 2-year-old Venice, Calif., company operates an on-demand shipping platform that is similar to Uber, except Cargomatic’s ride-sharing service is for freight rather than people. The company is one of several seeking to connect shippers directly with carriers.
The Appy Trucker
The best prospect for improved efficiency in the logistics industry is the freight-broker system. Startups, like Cargomatic, are seeking to make the business cheaper, quicker and more transparent.
25 hottest Los Angeles startups
Based on buzz in the tech scene, Cargomatic lands Business Insider’s list of the 25 hottest startups in Los Angeles.
Cargomatic expands to San Francisco, eyes new markets
After expanding in New York City earlier this year, Cargomatic is headed for the Golden Gate, launching its Uber-like same-day local trucking service in the San Francisco Bay area.
Reduce Port Congestion By Expanding Container ‘Free-Flow’ Systems
Stakeholders at U.S. ports are spending $9bn a year to accommodate the next generation of super-sized container ships. But simply expanding physical infrastructure will not be enough to mitigate port congestion. With fewer vessels moving more containers per call, U.S. ports need to fundamentally change the way containers are moved in and out of terminals.
Cargomatic wins 2015 Patrick Soon-Shiong Innovation Award
Cargomatic, the technology platform that brings the sharing economy to local trucking, was awarded the 2015 Patrick Soon-Shiong Innovation Award at a ceremony held at the Four Seasons Hotel in Beverly Hills, California on November 18th.
Firms try to mimic Uber for Freight Shipments; Analysts See Both Opportunities and Pitfalls
Cargomatic President Brett Parker told TT that his app is “a viable model” to connect with small owner-operators and fleet owners. “The timing is right,” he said. “It’s about bringing the best of technology and applying it to logistics to make the [trucking] industry better.”
Startups de transporte de carga son las de mayor potencial
El objetivo de Cargomatic Inc., con sede en Los Ángeles, es llenar el espacio vacío en los camiones contactando a empresas que desean enviar su mercadería a determinado lugar con camioneros que estén viajando en esa dirección.