What is Procargo Express?
Procargo Express Inc., established in 1981, is a seasoned player in the international freight forwarding arena. The company specializes in providing efficient and responsive logistics solutions, handling air and ocean freight shipments, as well as complex project cargo, including the dismantling and chartering of oversized or heavy equipment. With a network of offices across the U.S., including headquarters in New York and regional hubs in Chicago and Los Angeles, Procargo Express leverages its experienced staff and global agent network to ensure reliable service and customer confidence. Their comprehensive service offering underscores a commitment to end-to-end supply chain management.
How much funding has Procargo Express raised?
Procargo Express has raised a total of $37K across 1 funding round:
Debt
$37K
Debt (2021): $37K with participation from PPP
What's next for Procargo Express?
The recent capital injection, described as substantial expansion capital, signals Procargo Express's strategic intent to scale its operations and potentially enhance its service capabilities or geographic reach. Operating at a significant Series B/C stage, this financing is likely earmarked for investments in technology, infrastructure, or market penetration to capitalize on evolving global trade dynamics and solidify its competitive position in the freight forwarding industry.
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