EXTRA SHIPMENTS FOR TRUCKING * USA: 'Cargomatic' = "Uber for Trucks" / 'PeopleNET' buys "Cadec Global"
* California - 'Uber of trucks' hauls big business in Los Angeles
-- Big trucks cost more than $150,000 to purchase, warehouses charge to use their services and it can cost as much as $1,000 just to fill up a tank before heading down the highway. So the extra bucks are coming in handy... The Cargomatic app start nearly a year ago to fill space on the truck with additional shipments... "Business is up 35% since. Over $120,000", says Cesar Lopez who runs his own independent trucking company... The idea from Jonathan Kessler and Brett Parker is that the 700 truckers working with Cargomatic, catch from $500 to $2,500 extra per shipments by working with the app... "We fill space on the trucks," says Kessler. "So Instead of being 50% full, now they're 75% full" ... Cargomatic, which currently operates just in southern California and New York. And is working with companies like Williams-Sonoma, Perry Ellis and Bass Pro Shops, offering lower priced local shipments. When a new shipment comes in, it's broadcast to Cargomatic's network of truckers, along with the warehouse address and final destination... One investor is Volvo Group, which sold off its car business, and now makes 70% of its profits from its fleet of new trucks...
(Photo by Sean Fujiwara - The "Uber for truckers" which lets them know about new shipments to fill extra space on their rigs, all from an app. #TalkingTech) -- Compton, CAL, USA - USA TODAY, by Jefferson Graham - May 23, 2015
* Minnesota - PeopleNet buys truck-tracking tech company
-- PeopleNet bought Cadec Global Inc., a New Hampshire-based maker of truck-tracking software, for an undisclosed amount... Minnetonka-based PeopleNet makes mobile devices and systems for fleets of commercial vehicles. The acquisition allows PeopleNet to expand further into the market for monitoring private and foodservice-industry truck fleets... The combined business will have 500 employees, PeopleNet said in a statement. Cadec will remain headquartered in Manchester, New Hampshire...
(Photo by STEFANO LUNARDI - PeopleNet makes mobile devices and systems for fleets of commercial vehicles) -- Minnetonka, MINN, USA - The St. Paul Business Journal, by Katharine Grayson - May 26, 2015
Labels: trucking industry news USA
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