Cargo Chief, a transportation company based in Silicon Valley, recently developed an integrated technology platform that stands to transform the transportation industry, which seems to be at 100 percent capacity these days.
There is an increasing demand for trucking services and a shortage of available drivers. This leaves shippers searching for affordable hauling capacity on a daily basis.
Cargo Chief decided to solve this problem. Its platform uses a broad network consisting of 500,000 available carriers and trucks. Cargo Chief offers shippers a variety of options beyond the typical broker’s network capabilities.
“Our technology and network enable us to find capacity for loads that most brokers either can’t — or won’t — source,” Russell Jones, Cargo chief president and co-founder, said. “Every load we source, every solution we find for a complicated, hard-to-source load, makes our platform smarter and helps us deliver better service to our customers.”
“The capacity is out there,” Abtin Hamidi, Cargo Chief’s vice president and co-founder, said. “Cargo Chief works within our always-growing network to find and exploit inefficiencies that crack the code on the transportation capacity crunch.”
“Nearly 30 percent of trucks are running empty at some point in a trip, so our goal is to make finding available capacity as easy as searching for vacancy in a hotel,” Hamidi said. “Our carrier search is designed like Kayak…Whether it’s a full truckload or just a pallet, we give shippers the three lowest-priced options ranked by premium, preferred and value carriers, instantly. After the load is picked up, we can track the shipment in progress, showing its location on a map within our application.”
“Our transportation experience has helped us in developing technology solutions designed to reduce, and sometimes eliminate, the most common logistics issues,” Jones said. “Our business is predicated on a ‘win-win’ concept — shippers have loads, carriers have space and when we get the two together, everybody saves money, and drivers are more productive.”
