Business, Technology

Cargomatic Gets $35 Million in New Funding

Cargomatic Example of Cargomatic's book shipment screen. (Cargomatic)

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.

Transport Topics
September 5, 2018
Business, Technology

Rail Carrier Genesee & Wyoming Buys Stake in Cargomatic

Genesee and Wyoming P199 via Wikimedia Commons

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.

Transport Topics
February 14, 2018
Business, Equipment, Technology

Cargomatic Slashes Workforce

Kessler via LinkedIn

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.

Seth Clevenger | Managing Editor, Features
April 11, 2016
Business, 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.

Transport Topics
December 17, 2015
Business, 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.

Transport Topics
August 24, 2015
Business, Equipment

Cargomatic Names Sean Whiteley COO

Sean Whiteley, Chief Operating Officer, Cargomatic

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.

Michael G. Malloy | Web Editor
June 12, 2015