Skip to content
Search AI Powered

Latest Stories

Press releases are provided by companies as is and have not been edited or checked for accuracy. Any queries should be directed to the company issuing the release.

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

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.

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

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.

More Info: https://www.cargomatic.com

The Latest

More Stories

HTL Freight Acquires CTS Logistics, Expanding into Managed Transportation

HTL Freight Acquires CTS Logistics, Expanding into Managed Transportation


September 24th, Charlotte, NC - HTL Freight, a rising leader in the third-party logistics (3PL), is pleased to announce the acquisition of CTS Logistics, a full-service managed transportation company (4PL) headquartered in Windham, NH. This acquisition, HTL Freight’s fourth major transaction since 2021, reinforces its commitment to delivering exceptional freight solutions across North America.

Keep ReadingShow less

Featured

ETIHAD CARGO celebrates 20 years of successful operations in India

ETIHAD CARGO celebrates 20 years of successful operations in India

Abu Dhabi, United Arab Emirates – Etihad Cargo, the cargo and logistics arm of Etihad Airways, is celebrating 20 years of operations in India, a milestone that reflects the airline's ongoing commitment to the Indian market since its first flight to Mumbai on 26 September 2004. Over the years, Etihad Cargo has expanded its presence in India, now offering belly hold capacity via nonstop services between Abu Dhabi and 12 major Indian cities, with plans for further growth.

Etihad Cargo handles over 46,000 tonnes of cargo annually ex India, connecting the country to over 100 global destinations via its Abu Dhabi hub via 588 widebody and narrowbody rotations each month. To meet the needs of specific sectors, Etihad Cargo has enhanced its product range, adding new features and launching new products. Key commodities handled include electronics, including mobile phones and semiconductors, garments, pharmaceuticals, perishables, e-commerce, automobile components and courier shipments, reflecting the diversity and strength of India's manufacturing and export sectors.

Keep ReadingShow less

Xtreme Trucking selects HOPTEK’s Dispatch Engine® solution forreal-time visibility and optimization of fleet operations

Charlotte NC, September 23, 2024 (McLeod User Conference ) – HOPTEK, a global leader in AI-driven trucking and fleet transportation solutions, has been selected by Xtreme Trucking of Wisconsin, one of the U.S.’s leading technology-first transportation and logistics providers, for its Dispatch Engine® solution, a digital platform providing instant visibility and access to the spot load market, while matching available carrier capacity across thousands of possible options. HOPTEK’s “digital twin” will provide real-time visibility and enable Xtreme to boost operational efficiency and fleet utilization, while reducing driver turnover and deadhead miles, resulting in material cost savings and profitability.

Started as a small independent operation in 2006, Xtreme Trucking was formally established in 2009 to become a quality diversified transportation provider, with a growing revenue profile and extensive coverage across the United States. Through HOPTEK’s Dispatch Engine®, Xtreme has leveraged real-time data visibility and dynamic decision-making to drive operational velocity to achieve up to a 20% increase in both Revenue per Hour and Weekly Revenue Miles per Driver – a clear competitive advantage.

Keep ReadingShow less
Nulogy and Kinaxis Announce Partnership to Accelerate Synchronization for Manufacturing Supply Chain

Nulogy and Kinaxis Announce Partnership to Accelerate Synchronization for Manufacturing Supply Chain

Nulogy, a leading provider in supply chain collaboration solutions, and Kinaxis, a global leader in supply chain orchestration, have announced a partnership to develop cutting-edge solutions for brand manufacturing supply chain networks worldwide.

The new partnership aims to catalyze fast-moving consumer goods (FMCG) and life science brands and their supplier networks to work together more effectively through digital transformation solutions, thereby mutually improving costs, service and revenue. Combining the supply chain orchestration capabilities of Kinaxis with the collaborative external manufacturing specialization of Nulogy will enable customers to share forecasts and order information with suppliers and receive inventory capacity information faster.

Keep ReadingShow less
ULINE AWARDED DAYTON FREIGHT FOR EXCEPTIONAL PERFORMANCE

ULINE AWARDED DAYTON FREIGHT FOR EXCEPTIONAL PERFORMANCE

FOR IMMEDIATE RELEASE
Contact: Sherri Bosslet
Title: Director of Customer Relations
Phone: 937.415.1715
Email: sbosslet@daytonfreight.com
Date: September 5, 2024
Web: daytonfreight.com

ULINE AWARDED DAYTON FREIGHT FOR EXCEPTIONAL PERFORMANCE
DAYTON, Ohio – Dayton Freight Lines, Inc., a leading provider of regional less-than-truckload (LTL) transportation services, was presented the 2023 Exceptional Performance Award and the Minnesota LTL Carrier of the Year award from Uline.

Keep ReadingShow less