Cargomatic has secured $35 million in additional funding from Warburg Pincus to continue expanding its load-matching business for drayage and shorthaul trucking markets, according to the San Francisco-based firm.
September 5, 2018Business, Technology
Cargomatic Gets $35 Million in New Funding
Business, Technology
Rail Carrier Genesee & Wyoming Buys Stake in Cargomatic
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 app to connect shippers with local truck drivers.
February 14, 2018Business, Equipment, Technology
Cargomatic Slashes Workforce
Freight technology firm Cargomatic, which offers a mobile app that connects shippers and local truckers with available hauling capacity, confirmed that it recently laid off part of its workforce.
April 11, 2016Business, Equipment
Cargomatic Expands to San Francisco Area
Cargomatic, which provides a technology platform that connects shippers and carriers, has expanded its service to Northern California.
December 17, 2015Business, Equipment
Cargomatic Expands into New York Metro Area
Cargomatic, whose Web-based service matches shippers and truckers, has begun offering service in the New York metropolitan area.
August 24, 2015Business, Equipment
Cargomatic Names Sean Whiteley COO
Cargomatic, which makes an app for trucking that matches cargo loads to available trucks — in a similar way to the Uber app that matches riders with drivers — has hired Sean Whiteley to be its new chief operating officer.
June 12, 2015