Cargocast Launches RFID Digital Cargo Platform with Funding from Tiger Global
Cargocast is pleased to announce the public launch of its company. The Cargocast digital cargo platform enables freight forwarders, airlines, and ground handlers to get hands-free visibility and automate their warehouse operations. These capabilities drive improvements in quality, utilization, and door-to-door time while significantly reducing costs.
Cargocast tracks each cargo piece using RFID, pinpointing cargo in a warehouse within a two-foot radius. Using this location data, processes that previously required human interaction, such as goods acceptance, can be fully automated—which helps prevent errors and increase efficiency. Additionally, providers can leverage this highly accurate data set to improve their efficiency and identify problems quickly.
Cargocast is backed by Tiger Global. The company’s clients include a leading European ground handler and a top-five freight forwarder. Cargocast has also launched an innovation lab in Atlanta, Georgia where they perform development and industry participants can see their solution live.
Cargocast is led by CEO Dan Diephouse, who brings more than 15 years of expertise running enterprise software businesses, most recently at MuleSoft.
“We’ve developed proprietary processes and technology that leverage the latest advances in RFID to achieve levels of accuracy that were never before possible,” says Diephouse. “This is a gamechanger for companies looking to build a strategic advantage in the air cargo industry.”
Diephouse is joined by Mike Morey, an industry veteran and former Director of Cargo for Air Canada.
“Everyone knows that real-time, piece-level tracking is the future, but very few companies have been able to get there without a massive rip and replacement of their existing systems and processes,” says Morey. “Cargocast makes piece-level tracking possible, while also delivering cost savings and working with customers’ existing legacy systems.”
“Digitization of cargo operations is non-optional if logistics providers want to meet the quality and speed needs of today's shippers,” says Diephouse. “Cargocast is the only solution that can make cargo a truly digital asset, opening up new possibilities around visibility, automation, and optimization."