News Snapshot:
Founder and former CEO of Forager Matt Silver announced Monday the start of Cargado, a new venture aimed at creating a seamless platform for U.S.-Mexico cross-border logistics. The startup, which has already secured $3 million in pre-seed funding, “will address the unique challenges of moving freight between the U.S. and Mexico using innovative new technology,” Silver said. “There are a lot of other companies that are starting to look at either buying Mexican companies or investing in leadership, and we think right now is the perfect time for Cargado,” Silver told FreightWaves. “As more and more logistics providers get involved...