CargoFive at FreightTech - simplify procurement and quoting

In this conversation, Seb & Sebastian Cazajus, founder of CargoFive.com, discuss the challenges faced by freight forwarders in the logistics industry and how CargoFive simplifies the quotation process through automation and data integration. He shares insights into the evolution of CargoFive, the importance of technology in logistics, and valuable lessons learned from his entrepreneurial journey. Key Takeaways

• CargoFive was inspired by the need to automate the freight forwarding process.
• The traditional freight forwarding process is manual and time-consuming.
• CargoFive integrates data from multiple sources to streamline quoting.
• Freight forwarders can save 90% of their procurement time using CargoFive.
• The platform helps manage complex pricing and surcharges effectively.
• Rate validity and notifications are crucial for managing quotes.
• The logistics industry is evolving with more visibility and data sharing.
• Entrepreneurs should focus on adding value to customers over just revenue.
• Hiring the right talent is essential for startup success.
• Embracing failures and learning from them is key to growth.