Cargado operates an invite-only digital marketplace designed to streamline cross-border freight movements between the US, Mexico, and Canada. The platform connects brokers and carriers, offering tools for faster load booking, centralized bidding, and managing complex cross-border requirements. Users gain access to vetted capacity and accurate rate data to efficiently manage spot and contract logistics across North America.
Funding
$10M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Cross-border freight between the U.S. and Mexico involves complexities that lead to inefficiencies in booking and capacity management for logistics companies. Traditional methods often result in prolonged booking times and require significant manual intervention.
Solution
Cargado offers an invite-only load board designed to streamline cross-border freight operations between the U.S. and Mexico. The platform connects logistics companies with a curated network of carriers, facilitating faster coverage and enabling a high degree of automated transactions. By centralizing bids and providing access to a trusted network, Cargado helps users discover new capacity and optimize their cross-border logistics processes. The system is built to handle specific cross-border requirements, such as border city, CTPAT compliance, and crossing times, and integrates with tools like WhatsApp for seamless communication.
Target Audience
Cargado primarily targets freight brokerages and 3PL providers involved in cross-border shipping between the U.S. and Mexico.
Features
- Invite-only network of vetted carriers specializing in Mexico freight.
- Average load matching time of 38 minutes.
- 83% no-touch booking process.
- Support for various load types, including Dry Van, Reefer, and Open Deck.
- Available in both English and Spanish.
- Integrations with WhatsApp for real-time communication.
- Filters for cross-border load requirements like border city and CTPAT.
- Centralized platform for managing bids and discovering new capacity.