Cargomatic Inc. Company Research Report

Company Overview

Name

Cargomatic Inc.

Mission of the Company

Cargomatic powers local freight with technology considered the best in the industry, solving complex freight problems through a marketplace of more than 35,000 professional drivers.

Founded

No information is available.

Founders

No information is available.

Key People

Richard Gerstein - Chairman and CEO

Ed Aldridge - President

Matt Hogan - Chief Operating Officer

Marc Marling - Chief Business Officer

Sunil Sharma - Chief Product and Co-Chief Technology Officer

Brian Flint - Co-Chief Technology Officer

Andrew Straub - Chief Financial Officer

Laura Lucas - Chief People Officer

Headquarters

211 E. Ocean Blvd, Suite 350, Long Beach CA 90802

Number of Employees

No information is available.

Revenue

No information is available.

Notable Information

Cargomatic is known for being the first and largest marketplace for local freight. They provide services in drayage, intermodal, less than truckload (LTL), full truckload (FTL), and white glove delivery. They address the unique needs of shippers at major U.S. ports, integrating with various supply chain elements to ensure efficient delivery.

Products

Overview of Services

Cargomatic offers a range of shipping and logistics services that integrate technology to optimize operations at every level of the supply chain.

Drayage

Servicing top 20 ports in the continental US

Reduces friction in drayage with offerings like chassis management and peel piles

Intermodal

Integrates with back-end operations of steamship lines, terminals, rail lines, and air cargo providers

Provides end-to-end visibility with 39 terminal integrations

Less Than Truckload (LTL)

Offers same-day pickup and delivery

Supports just-in-time logistics with 1.5k shipments daily

Full Truck Load (FTL)

Power-only services with team drivers for essential goods

Covers more than 50 million miles annually

White Glove

Specializes in home delivery for direct-to-consumer brands

Provides proactive notifications and white-labeled experiences to ensure customer satisfaction

Key Features

Smart Routing and Real-Time Updates: Optimizes route efficiency and provides real-time visibility.

APIs and Technology Integration: Facilitates seamless integration within customers' supply chains.

Sustainability: Reduced carbon emissions through AI-driven operations.

Transloading and Cross-Docking: Improve logistics efficiency by consolidating shipments.

Market Reach: Strong presence in top markets such as Los Angeles, Long Beach, San Francisco, Chicago, and New York.

Recent Developments

Recent Developments in the Company

Cargomatic was recognized as a "Best Places to Work" for the third consecutive year, indicating a positive workplace environment.

The company celebrated Women’s History Month with employee spotlights, underscoring a commitment to diversity and inclusion.

New Products Launched

No information is available.

New Features Added

Continued enhancements on their Command platform which offers visibility across different modes of transportation like air, rail, and truck.

New Partnerships

No specific new partnerships detailed, but the company maintains a broad network of partnerships across supply chain elements including steamships, airlines, and freight forwarders.

Note

This report focuses on extracting data directly from the provided content. Certain specific business metrics, such as revenue figures and the precise number of employees, were not available in the data provided.