Advent Intermodal Solutions

What Advent Intermodal Solutions does

Advent Intermodal Solutions operates under the CargoSprint brand and is a private US-based IT and cloud software company founded in 1995 and headquartered in Somerset, New Jersey, with 501–1,000 employees. The company provides a unified intermodal logistics platform that connects nine distinct customer segments — airlines, beneficial cargo owners, freight forwarders, ground handling agents, marine terminal operators, motor carrier operators, ports, railyards, and shipping lines — across air, ocean, road, and rail transportation modes. Its portfolio is built around four core platforms: SprintPay (payment processing across 5,000+ cargo facilities), SprintPass (smart scheduling and real-time visibility for pickup/drop-off appointments), eModal (terminal operations for marine terminals and railyards), and SprintPort (multi-terminal port unification for motor carriers), supplemented by SprintPass Pro (drayage orchestration) and SprintPay Flex (cargo and fee financing).

The underlying technology is a cloud-based, multi-tenant SaaS platform with self-serve login portals for payors and facilities and integration capability across heterogeneous terminal operating systems (SprintPort unifies multiple terminal systems into a single interface). The platform orchestrates 9 million cargo appointments annually, processes 4 million payments valued at more than $2 billion each year, and supports a network of 30,000+ logistics providers at 50 major air and maritime ports worldwide. Distribution combines a direct enterprise sales motion (targeting airlines, ports, marine terminal operators, and large forwarders) with product-led self-serve onboarding for smaller motor carriers and shippers.

Revenue is generated through a mix of transaction-based fees on cargo payment processing (SprintPay), subscription or recurring platform fees for terminal operations and appointment management (eModal, SprintPass, SprintPort, SprintPass Pro), and usage-based interest/service fees on financing transactions (SprintPay Flex). Pricing is quote-based and tailored to enterprise customer requirements, with no publicly disclosed rate cards. Notable enterprise customers include United Airlines, UPS, Singapore Airlines, DHL, Kuehne+Nagel, CH Robinson, CMA CGM, Evergreen, Union Pacific, Port of Long Beach, Port of Virginia, Port of Oakland, and AGI. CEO Parvez Mansuri leads the company.

Name

Advent Intermodal Solutions

Legal name

CargoSprint

Website

https://adventemodal.com

Company type

Private

Founded year

1995

Operating status

Operating

Headcount range

501–1,000 employees

Short description

Advent Intermodal Solutions, operating as CargoSprint, is a private US-based cloud software company founded in 1995 that provides a unified intermodal logistics platform for payment processing, appointment scheduling, terminal operations, and drayage orchestration, serving airlines, ports, freight forwarders, motor carriers, and other cargo stakeholders across 50 major air and maritime ports.

Ownership category

akta.pro rank

Product category

Intermodal Logistics Software

NAICS

Freight Transportation Arrangement (48851)

SIC

Arrangement Of Transportation Of Freight & Cargo (4731), Transportation Services (4700), Services-Computer Integrated Systems Design (7373)

akta.pro primary industry

Intermodal & Multimodal Capacity Marketplaces (Rail/Ocean/Air) (TLAEAJAI)

akta.pro secondary industries

Intermodal Freight Brokerage / Managed Intermodal (3PL/4PL) (TLADAFAG), Courier, Parcel & Last‑Mile Delivery Platforms (BPAMAHAD)

Keywords

• Intermodal logistics software
• Cargo payment processing
• Terminal operations platform
• Appointment scheduling software
• Supply chain orchestration

Headquarters

HQ city

Somerset

HQ country

United States

HQ region

North America

Markets served

GTM type

B2B

Offering type

Software

Cost components

Technology or R&D, Personnel, Operations, Marketing or Sales, Infrastructure

Revenue model

1. Payment Processing (SprintPay): Transaction-based fees charged on cargo payment processing across 5,000+ cargo facilities. Enables secure transactions and quick cargo release. Volume-based model with $2 billion in annual payment value processed.
2. Appointment Management (SprintPass): Subscription or usage-based fees for access to appointment scheduling and management at cargo facilities, GHAs, CFS, MTOs, and depots. Manages 9 million cargo appointments annually.
3. Terminal Operations (eModal): Platform fees for marine terminal operators and railyards to manage truck access, appointments, and payments through a unified interface.
4. Cargo Financing (SprintPay Flex): Financing services for cargo and fees, generating revenue through interest or service fees on funded transactions, targeting freight forwarders and beneficial cargo owners.
5. Supply Chain Orchestration (SprintPass Pro): Enterprise-level drayage orchestration platform enabling frictionless cargo movement from port to destination.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels7 records

Core offering

Advent Intermodal Solutions, operating through its CargoSprint brand, provides cloud-based intermodal logistics software that unifies payment processing, appointment scheduling, terminal operations, and supply chain visibility across air, ocean, road, and rail transportation. Its platforms (SprintPay, SprintPass, eModal, SprintPass Pro, SprintPort) connect 30,000+ logistics providers with 5,000+ cargo facilities across 50 major air and maritime ports, enabling secure cargo payments, real-time scheduling, and frictionless cargo movement.

Product overview

CargoSprint offers a unified intermodal platform combining payment, appointment scheduling, and visibility solutions. The core product portfolio consists of four interconnected platforms: SprintPay (payment processing across 5,000+ cargo facilities), SprintPass (smart scheduling and real-time visibility for pickup/drop-off), eModal (terminal operations for marine and railyard facilities), and SprintPort (port and terminal interaction unification). Supporting modules include SprintPay Flex for cargo financing, SprintPass Pro for supply chain orchestration, and specialized services for cargo appointments, fee collection, fee payments, and truck access. The platform enables over 4 million payments valued at more than $2 billion annually and orchestrates 9 million cargo appointments at major air and maritime ports worldwide.

Differentiator

Problem solved

Functional benefit

Products and services

• SprintPay

Quantifiable outcome

• 4 million payments valued at more than $2 billion processed annually
• +4 more outcomes

Named customers28 records

Segments9 records

Ideal customer profiles7 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature6 records

Partnerships

One partnership is on record.

• The LoadstarminorGTM or Marketing PartnerCargoSprint was featured in a Loadstar article covering AGI's LAX facility initiative. The Loadstar is a supply chain industry publication that provided media coverage of CargoSprint's Skip the Front Counter initiative.

Scale indicators5 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• Descartes Systems Group: Public logistics technology provider spanning customs, forwarding, transportation management, and intermodal visibility. Directly comparable to CargoSprint's cross-mode orchestration capability, although Descartes operates a much broader product portfolio rather than specializing in cargo payment and appointment orchestration.
• Uber Freight: Digital freight brokerage and TMS platform combining marketplace capacity with managed transportation services. Comparable as a digital freight intermediary, although its focus skews more to road than to air/ocean/rail intermodal handled by CargoSprint.
• E2open: Supply chain platform spanning logistics, transportation, trade compliance, and channel data. Comparable to CargoSprint's cross-stakeholder orchestration capabilities, though E2open operates at much broader enterprise scope than container-facility appointment and payment focus.
• Flexport: Digital freight forwarder offering ocean, air, and trucking services with proprietary technology. Comparable in target customers (freight forwarders, beneficial cargo owners) and technology-forward approach, although Flexport is itself a forwarder rather than a neutral platform provider.

Direct peers

• project44: Supply chain visibility platform with deep multimodal coverage including ocean, air, rail, and road. Comparable because it serves shippers, LSPs, and carriers on visibility and appointment workflows that materially overlap with CargoSprint's SprintPass and eModal offerings.
• FourKites: Real-time supply chain visibility platform used by shippers, brokers, and carriers across modes. Closely comparable to CargoSprint's visibility and appointment stack, particularly for inbound appointment management at facilities and ports.
• Blume Global: Intermodal and drayage orchestration platform connecting shippers, terminals, rail, and truckers. The closest direct peer to CargoSprint's SprintPass Pro and eModal offerings, addressing similar shipment-orchestration pain points across ocean and rail intermodal.
• MercuryGate: Transportation management system with a strong intermodal module used by shippers, 3PLs, and brokers. Comparable to CargoSprint's orchestration capabilities for drayage and intermodal movement across ocean, rail, and road.
• Loadsmart: Digital freight brokerage and carrier marketplace combining automated pricing with truckload and intermodal services. Comparable as a technology-driven freight-intermediation platform with growing presence in port and intermodal container drayage.
• Turvo: Cloud-based TMS and supply chain collaboration platform serving 3PLs, brokers, and shippers. Comparable to CargoSprint's orchestration modules, particularly for shared visibility and document/payment workflows across multi-modal supply chains.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/adventintermodl
• YouTubeyoutube.com/channel/UCZFj6BoK1vyf2FH-IWXL1XQ
• Facebookfacebook.com/people/CargoSprint/100037636223473
• LinkedInlinkedin.com/company/cargosprint

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Advent Intermodal Solutions