CargoX operates as a leading logistics platform in Brazil, focusing on providing secure and efficient cargo transportation solutions. The company primarily serves businesses that require reliable freight services, including manufacturers, retailers, and distributors. CargoX leverages advanced technology to offer real-time tracking of shipments, ensuring transparency and security in an industry plagued by truck theft. The platform also streamlines the documentation process, making it more practical and efficient for clients. CargoX's business model revolves around a digital marketplace that connects shippers with a network of vetted truck drivers, optimizing load capacity and reducing empty miles. Revenue is generated through transaction fees and value-added services such as insurance and expedited payments. The company operates under the umbrella of Frete.com and achieved unicorn status in 2021, with a valuation exceeding $1 billion.

Keywords: logistics, cargo tracking, freight services, real-time tracking, truck theft prevention, documentation efficiency, digital marketplace, Brazilian market, unicorn, Frete.com