Company profile: CheapCargo
1.1 - Company Overview
Company description
- Provider of an online shipping comparison and booking platform for business users, displaying carriers, prices and transit times based on destination, dimensions and weight, and enabling direct booking. Supports documents, parcels and pallets via road, air or sea, domestically and internationally, with tracking and status updates and access to 20+ carriers worldwide.
Products and services
- Comparison and Booking Service: Web-based system that lets business users enter destination, dimensions, and weight, displays prices and transit times from carriers, and books document, parcel, or pallet shipments across road, air, and sea
- Carrier Network: Global-scale network supplying access to over 20 carriers for shipping and importing documents, parcels, and pallets worldwide, with displayed pricing and transit times to support direct booking
- Online Shipping Service: Business-grade platform that delivers rapid package shipping with tracking and status updates, requiring user and recipient information to initiate and monitor shipments
Key contacts
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Financial details
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1.2 - Competitors and similar companies to CheapCargo
Fargo Systems
HQ: United Kingdom
Website
- Description: Provider of software and services for the transport and logistics industry, including TOPS transport management for multimodal cargo consolidation with route optimization, cost analysis and fleet management; mobile telematics for orders, status, GPS and ePOD; TOPS.WEB portal for supply chain transparency; TOPS Anywhere mobile access; and CYMAN for container depots, yards and terminals with asset sales, leasing, repairs and rail planning.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
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Teletrac Navman
HQ: United States
Website
- Description: Provider of GPS fleet management solutions for cross-country trucking hauls and local construction projects, delivering data to stay on schedule, reduce costs, and allocate resources where they are needed every day.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
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Next4
HQ: France
Website
- Description: Provider of an international traceability solution for goods transportation, based on two innovative trackers and a software platform.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
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Fluid Truck
HQ: United States
Website
- Description: Provider of a peer-to-peer, on-demand commercial vehicle rental platform delivering 24/7 mobile and web access to trucks, cargo vans, box trucks, SUVs, and electric vehicles for businesses and individuals, plus fleet management solutions such as vehicle tracking, driver verification, and maintenance.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
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Raft
HQ: United Kingdom
Website
- Description: Provider of an intelligent logistics platform that automates freight processes for freight forwarders and customs brokers, using AI to understand, triage, and act on incoming shipment data, delivering complete control and visibility and reducing time spent chasing information, keying into systems, and reconciling downstream systems.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
View full Raft company profile →
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2.M&A buyers
2.1 Potential strategic acquirers in the sector
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2.2 - Strategic buyer groups for CheapCargo
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Buyer group 2: ████████ ████████
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Buyer group 3: ████████ ████████
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3. Investors and private equity firms
3.1 - Buyout funds investing in similar companies to CheapCargo
2.2 - Growth funds investing in similar companies to CheapCargo
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4 - Top valuation comps for CheapCargo
4.2 - Public trading comparable groups for CheapCargo
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