Transportation Services provided: . CARGOMATIC INC is a freight shipping Broker from LONG BEACH, CA. . Cargomatic, a Los-Angeles based logistics startup described as the "Uber for truckers" that has raised more than $10 million in funding, "blindsided" staff by laying off half of its workforce . The service caters to both shippers and carriers . As part of the Transfix onboarding process, carriers and drivers need to provide all compliance information. The company has. The so-called Uber for Trucking segment is on the cusp of its first high-profile casualty. Cargomatic's mobile technology connects truckers to freight and people nearby Cargomatic, a Los-Angeles based logistics startup described as the "Uber for truckers" that has raised more than $10 million in funding, "blindsided" staff by laying off half of its workforce around 50 to 60 employees over the past couple of months . Uber Freight's vetting, for example, makes sure that the trucking company has the proper inspection and safety history, as well as the equipment needed for the Uber Freight requirements. As a single-source freight matching solution, Cargomatic's mobile and desktop apps provide real-time tracking and full shipment transparency, streamlining the process through which shippers access available truck capacity and trusted, affordable drivers. They understand what companies need and they aim to meet your shipment needs on a constant basis. This report covers all the recent development and changes recorded during the COVID-19 outbreak. 1,500 + loads offered to drivers every day 100 % of the top 10 retailers in America move goods through Cargomatic 40 + cities, each with an operating radius of 250 miles A solution for every driver Powering the fleet Our approach enables fleet owners to ensure all of the trucks are on the road, and all of their drivers are earning a paycheck. Robinson , project44 , Cargomatic , Convoy and Traansmission in the U.S. (recently acquired by ShipLync ), TimoCom and Teleroute in Europe and the newly . Cargomatic's core product is an Uber-like service for truckers. By that, Cargomatic means it will match shippers with goods to ship with truckers with excess capacity. A pilot project Cargomatic teamed up on. Integration into your existing tech stack (ERP/WMS/CRM) is seamless. Truckers, like car drivers, often travel from A to B with spare room in their vehicles. 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. Convoy and Uber Freight take on US truck brokerage. Company USDOT number is 2455354 and docket number is 838397. Cargomatic Archives - Talking Logistics with Adrian Gonzalez . Cargomatic was adapted from the concept of another app that had a big impact on many cities' taxi markets. We can easily fill gaps in drayage, intermodal, LTL and final mile delivery, helping FFs protect their client relationships Create a seamless experience September 4, 2016, 4:25 AM Cargomatic truck (Facebook/Cargomatic) Cargomatic has had a rough ride in 2016 so far. Uber Freight. True Capital Management and Corner Ventures are the most recent investors. The Venice, California-based "Uber for truckers" has seen several key. It matches companies that need goods moved with truck drivers who are able to move them. On paper it is a great idea in a huge market: less than truckload (LTL) shipping. The ousting of the co-founder of high profile Southern California-based truckload capacity marketplace Cargomatic, often referred to as the "Uber of The Venice, California-based "Uber for truckers" has seen several key members of staff - including its CEO, CFO, and COO - all head for the exit. We introduce transparency A little more than a year after raising $10.6 million in a Series A round of venture financing, Cargomatic slashed its staff, laying off 50 to 60 people. Uber Freight is growing its reputation as a trusted freight shipper across the country. According to their motto, "Uber Freight puts you in the driver's seat" with an array of features designed to rival Next Trucking. the logistics consultancy Armstrong and Associates Inc. issued a report saying that while digital freight matching has its place in the mosaic of moving daily freightespecially . Cargomatic announced earlier that it had raised $8 million for expansion. Cargomatic became the eighth startup in which the car-less, Uber-reliant Kessler has been involved - four of the companies have sold for a sum of nearly $800 million. It matches companies that need goods moved with truck drivers who are able to move them. Companies give-in their details [] This is the kind of software which Uber Freight is using to help drivers avoid traveling without a full load. Like Uber, it solves the "excess capacity" problem beloved by Silicon Valley entrepreneurs. Cargomatic is aiming to do for short-range trucking what Uber and Lyft have done for taxi drivers: use the capabilities of smartphones to connect drivers to freight and people nearby that need moving. Founded in 2013 by Brett Parker and Jonathan Kessler, Cargomatic is an app that connects shippers with carrier companies that have available space in trucks shipping from the shipper's location to the shipper's destination. The Cargomatic app is "transforming B2B logistics and the $82 billion local U.S. trucking industry," the company says, "through its innovative app that allows shippers to locate nearby truckers. Cargomatic is a technology company based in Venice Beach, CA. Cargomatic, a Los-Angeles based logistics startup described as the "Uber for truckers" that has raised more than $10 million in funding, "blindsided" staff by laying off half of its workforce . Cargomatic's core product is an Uber-like service for truckers. Global Digital Freight Brokerage Industry Research Report, Growth Trends and Competitive Analysis 2022-2028. Cargomatic rebuilds executive team in spirit of innovation - FreightWaves - Ashley Coker, Editor By DFM Creator / July 22, 2019 September 13, 2020 California-based startup Cargomatic competes in the local freight-matching marketplace, using technology to connect drivers and shippers without all the back office red tape. Convoy and Uber Freight, two technology startups, are attempting to persuade US shippers they can deliver immediately covered contract and spot market loads, new capacity, total rate transparency, real-time tracking and data analytics, and market intelligence that can drive supply chain decisions. Like Uber, it solves the "excess. Rates can vary. Price: Single User License: US $ 5600 Corporate User License: US $ 11200 Buy Now. Launched in 2014, Cargomatic hopes to bring some technology to the local trucking industry by providing a platform enabling shippers to list available jobs that local truckers with excess. Cargomatic: Instantly Connecting Shippers with Local Carriers. The Cargomatic Driver app allows carriers to manage freight directly from their phone, including: - view available shipment offers in real time - accept shipment offers - view list and details of accepted jobs - receive driving directions - take a picture of the bill of lading and input name of a representative The ousting of the co-founder of high profile Southern California-based truckload capacity marketplace Cargomatic, often referred to as the "Uber of Their latest funding was raised on Jul 22, 2021 from a Series D round. Cargomatic has had a rough ride in 2016 so far. Aug. 15, 2018 10:00 am ET Freight load-matching specialist Cargomatic Inc. has raised $35 million in new backing as the company rebuilds after a rocky startup period when the business burned. Published: October 2022. Like . CARGOMATIC INC information is sourced from the DOT and is public information available through the FOIA. Echo Global Logistics, Coyote Logistics, Transfix, Convoy, Cargomatic, Trucker Path, J.B. Hunt Transport, Cargocentric, Uber Freight, TGMatrix, This report contains a thorough analysis of the pre and post pandemic market scenarios. Furthermore, it assists shippers in tendering loads faster, as well as tracking them from start to finish. The best cloud-based TMS software for logistics. Since then, Atlas Marine has expanded services throughout the broader Los Angeles metropolitan area, Charleston, SC, and Savannah, GA. Atlas Marine is a people first company and our top priority is . It can also be configured to fit your existing workflows. Ship With Us Drive With Us Meeting the Needs of Every Supply Chain Drayage Intermodal LTL FTL White Glove Removing Friction from a Fragmented Process It matches companies that need goods moved with truck drivers who are able to move them. Like Uber, it solves the "excess. Various other companies are also operating in this space - including C.H. Request a demo Instant Booking Find and book freight at a moment's notice, without picking up the phone. Inquire for Discount Inquire Before Buying Request Sample. Uber for Freight: Haul the Loads When You Want. Uber Freight: According to Indeed, Uber Freight has 3.1 out of 5 stars from 27 reviews. Cargomatic solves local freight with a marketplace of more than 22,000 professional drivers. Kick-off digital transformation for your freight forwarding business today, and see the revenue boost in just 3 months. No. The structured analysis offers a graphical representation and a diagrammatic breakdown of the Freight Broker Software market by region. Like Next, Uber Freight is free-to-use, which definitely makes it worthwhile to try it out. One login is all you need to manage all inbound and outbound transport management, including parcel, LTL, FTL, sea, and intl. Once you create an account and open the app, you'll be met with the user-friendly interface you'd . Cargomatic has built an Uber-like software platform for the local trucking industry, which allows shippers to instantly book truck space on local carriers, reducing the need to go through brokers. Intresting fact is that Cargomatic is hoping to be the 'Uber for truckers' by connecting shippers and truckers. air. In 2019, Cargomatic purchased Atlas Marine, a transportation and harbor drayage company that was founded in 1978. Close Genesee & Wyoming Inc., a rail freight carrier with operations in North America, Australia and Europe, has purchased a stake in Cargomatic, a Long Beach, Calif.-based firm that uses a mobile. Uber had pioneered the notion of getting a car at a press of a button, and Cargomatic does the same in . Some truckers on. Years before Uber made its actual entrance into the trucking space with the purchase of Otto, Cargomatic launched in Los Angeles and set off a prodigious chain of events that kicked off the boon of venture capital flooding the supply chain space, changing the industry forever. Get the latest business insights from Dun & Bradstreet. Atlas Marine Transportation. Find company research, competitor information, contact details & financial data for Cargomatic, Inc. of Long Beach, CA. (Cargomatic/Facebook) Cargomatic provides an app that connects shippers that want to send goods with truckers who can deliver them. Once in the system, the trucking company can bid . Search. "Using advanced data and proprietary technology, Cargomatic's platform connects local shippers and carriers - streamlining the process and eliminating waste," LaBar added. Cargomatic's core product is an Uber-like service for truckers. A critical partner With a wide range of services, Cargomatic can expand the capabilities that freight forwarders offer their customers. California-based startup Cargomatic competes in the local freight-matching marketplace, using technology to connect drivers and shippers without all the back office red tape. Today, we're seeing the rebirth of the transportation marketplace model, especially in the local delivery market, with Uber recently launching UberCARGO, and startups like Cargomatic, which last week received $8 million in Series A funding, looking to "solve the inefficiency and fragmentation of the local trucking industry." This would be more convenient for both parties since the truckers can work according to their availabilty and will make more money than usual. Cargomatic Inc., a privately held concern based in Venice, Calif., has . The app matches truck drivers with cargo needed to be shipped. Carriers driving box trucks, tractor trailers, or cargo vans can directly accept shipments in-app. With GoFreight, freight management has never been easier. of Pages: 113. The Uber for cargo services has made a relatively soft launch with Uber Freight. Simply, we connect shippers with qualified carriers who have unutilized capacity on their trucks. Total Funding Amount $55.8M Lead Investors 5 Investors 31 Funding Cargomatic has raised a total of $55.8M in funding over 11 rounds. Our platform was born of our passion to solve the inefficiency and fragmentation of the local trucking industry. "Cargomatic's on-demand marketplace can handle all parts of the process of moving freight, from the port pickup to warehouse and white glove delivery," he said. Uber has now entered the cargo space as well. In combining the largest network of digitally-enabled carriers with industry-leading logistics technology and transportation services, the Uber Freight Platform unlocks the best opportunities and options for shippers and carriers to move goods. Sunday's Business Insider had a great article on, Cargomatic, a company promising (as do many others) to be the "Uber for Truckers". Uber Freight was launched in May 2017, Texas and it offers data tools to carriers and shippers. The app comes with many benefits, but some limitations as well. The company. Cargomatic is funded by 31 investors. The global market size of Freight Broker Software will reach (2028 Market size $$) million $ in 2027 with a CAGR of % from 2022-2027. Freight forwarders with us have observed an increase in their bandwidth to handle 75% more shipments without sacrificing service quality.
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