CargoX
- Company typePrivate
- Founded2013
- HeadquartersSão Paulo, Brazil
- Headcount251–500
- GTM typeB2B
- OfferingServices
CargoX firmographics
Firmographics- Name
- CargoX
- Legal name
- CargoX Transportes Ltda.
- Website
- https://cargox.com.br
- Company type
- Private
- Founded year
- 2013
- Operating status
- Operating
- Headcount range
- 251–500 employees
- Ownership category
- akta.pro rank
CargoX industry classification
Industry- Product category
- Freight Brokerage and Logistics Services
- NAICS
- Freight Transportation Arrangement (488510), Specialized Freight Trucking (4842)
- SIC
- Arrangement Of Transportation Of Freight & Cargo (4731), Trucking (No Local) (4213)
- akta.pro primary industry
- Dedicated Lanes & Mini-Bid / RFP Marketplace Platforms (TLAEAJAG)
- akta.pro secondary industry
- Specialized Freight Marketplaces (Reefer, Flatbed, Oversize, Hazmat) (TLAEAJAH)
Keywords
Where CargoX is headquartered
LocationHeadquarters
- HQ city
- São Paulo
- HQ country
- Brazil
- HQ region
- Latin America
Offices1 record
Markets served
CargoX business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales, Supply Chain
Revenue model
- Freight Transportation Services (FTL): CargoX earns fees for managing Full Truckload freight operations on behalf of corporate shippers. The platform coordinates the entire logistics lifecycle including driver qualification, real-time monitoring, and risk management, with revenue tied to the volume and value of freight transported.
- Financial Services / Credit & Receivables: CargoX provides credit to both shippers (Risco Sacado Embarcador) and transportadoras. The company pays drivers/carriers upfront in cash and extends payment terms to shippers, generating revenue through the spread between the cost of capital and the fees charged. The company projects releasing up to R$1 billion (approximately USD 180 million at Dec 2025 rates) in credit in 2026.
- Document and Insurance Issuance: Automated issuance of CT-e, MDF-e, and cargo insurance with 100% integrated digital processes, generating fees per document/insurance issued.
- ESG / Green Freight Services: Carbon offset and green freight services, including the Frete Verde program, generating revenue through carbon credit transactions and ESG compliance service fees paid by corporate clients seeking to meet sustainability targets.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Transaction based/ take rate | Pay-as-you-go | FTL Transportation and document issuance services |
| Other | Pay-as-you-go | Financial services (credit and receivables) |
Go-to-market motion1 record
Distribution channels3 records
Marketing channels6 records
CargoX product offering
Product offeringCore offering
CargoX is a Brazilian technology freight broker that manages Full Truckload (FTL) road freight operations for mid-to-large corporate shippers and connects them to qualified trucking carriers through a cloud-based platform, dedicated freight desk teams, automated electronic document and cargo insurance issuance (CT-e, MDF-e), and embedded financial services such as shipper receivables anticipation (Risco Sacado Embarcador) and carrier credit. The platform also bundles ESG capabilities including green freight (Frete Verde) carbon offset tracking and collaborative logistics route optimization to reduce empty trips.
Product overview
Cargo X operates as a unified platform combining logistics solutions, financial services, and ESG offerings for the Brazilian freight market. The core logistics suite includes FTL (Full Truckload) transportation management, a dedicated freight desk service, automated document and insurance issuance (CT-e, MDF-e), and data intelligence for logistics optimization. Financial services comprise shipper credit risk solutions (Risco Sacado) and carrier credit programs. ESG offerings include green freight and collaborative logistics to reduce empty trips and CO2 emissions.
Differentiator
Problem solved
Functional benefit
Products and services
- Full Truckload (FTL) Transportation Management End-to-end management of large-scale Full Truckload road freight operations for corporate shippers, covering driver qualification, real-time cargo monitoring, and risk management for the shipment lifecycle.
- Dedicated Freight Desk (Mesa de Frete Dedicada) White-glove service in which a CargoX team is embedded inside the client's organizational structure to negotiate, plan, and optimize the logistics network with full visibility over freight operations.
- Electronic Document and Cargo Insurance Issuance (CT-e / MDF-e) Automated issuance of CT-e (electronic freight document), MDF-e (electronic manifest of freight), and cargo insurance with 100% integrated digital processes for managed freight operations.
- Logistics Data Intelligence Analysis of logistics flows to identify bottlenecks and design high-performance transportation models, applying data intelligence to improve operational efficiency for shippers.
- Risco Sacado Embarcador (Shipper Receivables Risk) Financial service providing shippers quick access to credit and accounts-receivable anticipation without traditional banking barriers, with advances of up to 80% of freight value.
- Carrier Credit (Crédito para Transportadoras) Credit facility for transportadoras that connects them to high-quality loads and CargoX's recurring enterprise operations while addressing carrier cash flow gaps.
- Frete Verde (Green Freight) ESG Solution ESG service that combines transport efficiency with environmental responsibility, including carbon offset measurement and reporting, used by enterprise shippers such as Cimento Apodi and Ambev.
- Logística Colaborativa (Collaborative Logistics) Collaborative logistics solution that optimizes routes and matches demand across the network to reduce the number of empty trips, lowering both environmental impact and operational costs.
- Parceiro CargoX (Carrier Partner Program) Partner program connecting top-tier transportadoras to the best loads in the market and to CargoX's recurring enterprise shipper operations, including access to credit.
Quantifiable outcome
- Up to R$1 billion in credit to be released in 2026
- +4 more outcomes
Companies that use CargoX
Customer profileNamed customers2 records
Segments3 records
Ideal customer profiles3 records
CargoX technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature8 records
CargoX partnerships and signals
Strategic signalPartnerships
Two partnerships are on record, tiered secondary.
- Cimento ApodisecondaryCargoX entered into an ESG partnership with Cimento Apodi (a cement company) for the Frete Verde (Green Freight) program, projecting to compensate up to 2,000 tonnes of CO2 in 2025. CargoX had already compensated 832 tonnes of CO2 at the time of the announcement. This partnership demonstrates CargoX's ability to serve the industrial/manufacturing sector with sustainability-focused logistics solutions.
- AmbevsecondaryCargoX partnered with Ambev (a major Brazilian beverage company) on a carbon compensation project targeting 22,000 tonnes of CO2 in 2023. This partnership was one of CargoX's early major enterprise ESG engagements, demonstrating the platform's viability for serving large enterprise clients in the consumer goods sector with carbon offset logistics.
Scale indicators6 records
Recent moves6 records
Expansion highlights5 records
CargoX competitors and assessment
Company assessmentDirect peers
- FreteBras: Brazilian online freight marketplace connecting shippers and truckers across FTL and LTL, with embedded credit offerings for carriers. Most direct domestic competitor to CargoX's shipper-carrier matchmaking model in Brazil.
- TruckPad: Brazilian trucker-driver and freight marketplace focused on connecting independent truckers with cargo. Operates in the same FTL matchmaking and SMB carrier credit segments as CargoX.
- Intelipost: Brazilian logistics technology company providing multi-carrier shipping and TMS solutions to enterprise shippers and ecommerce, with a comparable B2B go-to-market targeting Brazilian enterprise freight.
Broad incumbents
- Log-In Logística: Established Brazilian multimodal logistics operator with road, rail, and port operations. A broader incumbent providing competing freight services to large enterprise shippers across Brazil.
- Uber Freight: Global digital freight brokerage platform owned by Uber, offering FTL matching and managed transportation services to enterprise shippers. Comparable in marketplace + managed services hybrid model.
- Convoy: US-based digital freight network that pioneered tech-enabled FTL brokerage before winding down operations. Highly comparable business model to CargoX and relevant benchmark for freight marketplace unit economics.
- Flexport: Global digital freight forwarder offering end-to-end logistics plus embedded financial services. Compares to CargoX on the integration of freight management and fintech-style working capital products.
- Maersk Spot: Digital freight product from global ocean carrier Maersk offering instant booking and transparent pricing. Adjacent comparable for a global incumbent pursuing digital freight marketplace economics.
Regional players
- Tegma Gestão Logística: Brazilian publicly listed logistics provider specializing in automotive and industrial freight. Competes for the same large enterprise FTL contracts CargoX targets in Brazil.
Others
- CargoX (Blockchain BoL): Distinct global blockchain-based electronic Bill of Lading platform unrelated to CargoX Transportes Ltda. Mentioned only because the shared name creates potential customer/partner confusion that could affect brand and IP strategy.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
CargoX social profiles
Digital presenceCargoX financial estimates
Financial estimateRevenue estimate
Valuation estimate
CargoX leadership team
Management profileNumber of profiles
Profiles6 records
CargoX funding detail
Funding detailFunding overview
Funding rounds10 records
Investors21 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
CargoX M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about CargoX
What does CargoX do?
CargoX is a Brazilian technology freight broker that manages Full Truckload (FTL) road freight operations for mid-to-large corporate shippers and connects them to qualified trucking carriers through a cloud-based platform, dedicated freight desk teams, automated electronic document and cargo insurance issuance (CT-e, MDF-e), and embedded financial services such as shipper receivables anticipation (Risco Sacado Embarcador) and carrier credit. The platform also bundles ESG capabilities including green freight (Frete Verde) carbon offset tracking and collaborative logistics route optimization to reduce empty trips.
Is CargoX a public or private company?
CargoX is a private company. It is classified as venture growth investor backed and is currently operating.
When was CargoX founded?
CargoX was founded in 2013. It employs 251 to 500 people.
Where is CargoX based?
CargoX is headquartered in São Paulo, Brazil, in the Latin America region.
How does CargoX make money?
Four revenue lines are on record. Freight Transportation Services (FTL) is the primary driver. The others are financial Services / Credit & Receivables, document and Insurance Issuance and ESG / Green Freight Services.
Who are CargoX's main competitors?
Direct peers on record are FreteBras, TruckPad and Intelipost. Broad incumbents are Log-In Logística, Uber Freight, Convoy, Flexport and Maersk Spot. Tegma Gestão Logística is listed as a regional player. CargoX (Blockchain BoL) is listed as an others.
Does CargoX have an API?
No public API is recorded for CargoX.
What industry is CargoX in?
CargoX's product category is Freight Brokerage and Logistics Services. Its primary akta.pro industry code is TLAEAJAG, Dedicated Lanes & Mini-Bid / RFP Marketplace Platforms, with a secondary code of TLAEAJAH, Specialized Freight Marketplaces (Reefer, Flatbed, Oversize, Hazmat). Its NAICS code is 488510 and its SIC code is 4731.