Cargomatic rebuilds executive team in spirit of innovation

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. The company has rebuilt its C-suite over the last several months, bringing on new talent in the hopes of propelling itself toward further innovation. 

The company currently connects drivers and shippers in Los Angeles and San Francisco, California; Seattle, Washington; Chicago, illinois; and throughout New York and New Jersey. 

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[Press Release] Cargomatic Rebuilds C-Suite: New Team Designed to Spur Growth & Innovation​

Cargomatic Rebuilds C-Suite

New Team Designed to Spur Growth & Innovation

Long Beach, CA – July 18, 2019 – Following a $35 million Series B funding round in late 2018, Cargomatic, Inc. has been busy filling out the C-Suite with a talented and experienced team designed to spur innovation and growth for the local freight-matching marketplace.

“Building a successful company always starts with the foundation, and after our Series B funding last year, my primary focus has been to find the best talent I could and bring them to Cargomatic. With our foundation now in place, we are poised to be a leading provider of local LTL, drayage and white glove services in freight markets throughout the United States and beyond,” said Richard Gerstein, the company’s chief executive.

First to join the new team was Ed Reginelli as Chief Financial Officer. Ed brings over 25 years of experience, managing all aspects of financial accounting, controls, analysis, operations and reporting in complex corporate environments. Before joining Cargomatic, Ed was Chief Financial Officer and a member of the Board of Directors at RhythmOne plc, a digital advertising technology company.  The second addition to Cargomatic’s team was Chris Oliver as Chief Marketing Officer.  Chris brings more than 20 years of experience leading large and small businesses into and through tremendous growth phases. Prior to Cargomatic, Chris led growth efforts for several well-known transportation technology brands, including Trucker Path, Zonar, and PrePass.  The third addition was Ann Mao as Chief Legal Officer.  Prior to joining Cargomatic, Ann held various senior roles at McKesson Corporation, a global leader in healthcare supply chain management solutions, retail pharmacy, healthcare technology and specialty care.  The next addition to the team was Sunil Sharma as Chief Product & Technology Officer. Sunil’s breadth of expertise spans platforms, applications, and online marketplaces. Previously, he held product management leadership positions with industry leaders such as Jasper Technologies (acquired by Cisco), Yahoo!, GT Nexus (acquired by Infor), and Manhattan Associates. The final new addition to the team is Marc Levin as Chief Commercial Officer. Marc is a strategist and business growth executive with over 25 years of experience in sales, strategy development, and innovation covering end-to-end supply chain and logistics solutions. Prior to Cargomatic, Marc led revenue growth initiatives at XPO (formerly Menlo Worldwide), Ryder SCS and Americold Logistics.In addition to the many new faces at Cargomatic, two members of the existing team were also appointed to the C-Suite – finalizing the rebuild and positioning the company for continued exponential growth. Matt Hogan, who has been with Cargomatic since the turnaround began in 2016, has been named Chief of Staff. Prior to his new role, Matt was VP of Account Management & Business Process for Cargomatic, responsible for managing customer growth and retention. Matt brings 20 years of logistics experience to the team, including 15 years at TransCore where he was Director of Account Management. Steve Jackson, who has also been with Cargomatic since 2016, has been named Chief Administrative Officer. Steve brings over 35 years of domestic and international supply chain experience focused on operational and administrative areas of the businesses. Prior to Cargomatic, Steve held roles at Beaver Paper & Graphic Media, IntelliTrans, and Imerys.

About Cargomatic

Founded by a tech entrepreneur from Silicon Valley and a logistics expert from Los Angeles, Cargomatic understands the challenges of local trucking, and we solve them with our technology. By seamlessly connecting shippers and truckers through our marketplace apps and automating all the necessary “back office” work, we help truckers grow their businesses and shippers track their freight in real time. 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. The diversity and experience of our team, our ideas, and the technologies we build are what give Cargomatic the edge in an industry that still relies heavily on phone calls, email, and even fax machines. Shippers post local freight. Truckers haul it. We do the rest. Cargomatic makes connections happen.

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

www.Cargomatic.com

Media Contact:
Chris Oliver
623.606.6486
Press@Cargomatic.com

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Press Kit

Press Kit

Download .ZIP file with photos, bios, logos and screen grabs of our app in action.
Need an image for a team member not included? Please contact us at press@cargomatic.com

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Headshots

Headshots

Download .ZIP file of hi-res headshots of the Cargomatic executive team members. Need an image for a team member not included? Please contact us at press@cargomatic.com

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Cargomatic Rebuilds C-Suite: New Team Designed to Spur Growth & Innovation​ [Press Release]

Cargomatic Rebuilds C-Suite
New Team Designed to Spur Growth & Innovation

Long Beach, CA – July 9, 2019 – Following a $35 million Series B funding round in late 2018, Cargomatic, Inc. has been busy filling out the C-Suite with a talented and experienced team designed to spur innovation and growth for the local freight-matching marketplace.


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Commentary: How digital brokerage has become a “no-code” endeavor

FreightWaves features commentary from Market Voices – contributors with unique knowledge of numerous transportation/logistics/supply chain sectors, as well as other critical expertise.

In the Stone Age of transportation brokerage – the 1980s – technological innovations came in the form of new equipment purchases in an effort to speed up transactions. This might be a second telephone on the desk, one of those cradles attached to a phone to hold it to a user’s ear from the shoulder, a new Rolodex or a fax machine. As the internet age took shape into the 1990s and early 2000s, a few entrepreneurs began building the first “digital brokerages.” Companies like FreightQuote.com, GlobalTranz and Echo Global Logistics launched their “Expedia for Freight” sites and have all gone on to tremendous success.  

Photo credit: FreightWaves

When smart phones and Uber showed us a new way to dispatch in 2013, a new breed of digital brokers was born. Companies like Cargomatic…

Read the full article on FreightWaves

Cargomatic Gets New Funding as Rebuilding Effort Gains Traction

A $35 million injection will help the business expand after its rocky start in the freight load-matching technology sector

“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 through cash and coped with a flurry of employee departures.

The Series B funding round, led by private-equity firm Warburg Pincus, will help the Long Beach, Calif., company expand into new markets and hire more staff, Cargomatic said Wednesday.”

Read the Full Article by The Wall Street Journal