CargoSprint Expands Digital Freight Portfolio with Dray Dog Acquisition

CargoSprint Expands Port Technology Portfolio with Acquisition of Dray Dog

CargoSprint, a portfolio company of Lone View Capital, has announced the acquisition of Dray Dog, a specialized port drayage software platform built to help drayage operators improve efficiency, reduce operating costs, and better manage appointment-driven freight environments at marine terminals. The transaction marks a strategic expansion of CargoSprint’s footprint in the marine port and landside logistics ecosystem and reinforces its commitment to building purpose-driven digital solutions that address some of the most persistent operational pain points in freight transportation. The addition of Dray Dog strengthens CargoSprint’s ability to serve motor carriers and independent owner-operators navigating increasingly complex port environments where timing, data visibility, and capacity alignment directly impact profitability and service reliability.

Strengthening Digital Infrastructure for Drayage Operations

Dray Dog has developed a data-driven drayage tooling platform focused on proactively planning, executing, and matching scheduled container moves with available trucking capacity. In port drayage, where appointment slots, chassis availability, terminal congestion, and labor fluctuations can quickly disrupt schedules, precise planning and intelligent workflow management are essential. The platform’s core capabilities center on appointment planning optimization, dispatch alignment, and workflow automation that reduces preventable inefficiencies such as re-drives, idle time, and missed slots. By aligning dispatch capacity with confirmed terminal appointments, Dray Dog enables carriers to operate with greater predictability in an environment often defined by volatility. For motor carriers operating on thin margins, incremental improvements in scheduling accuracy and equipment utilization can translate into meaningful financial impact over time.

Alignment with CargoSprint’s Broader Freight Mission

The acquisition aligns closely with CargoSprint’s broader mission of reducing friction across the freight ecosystem and empowering the operational stakeholders who make global commerce function effectively. While much industry attention often focuses on ocean carriers, ports, and large shippers, landside operators—including drayage companies and independent truckers—absorb a disproportionate share of operational variability. Appointment changes, vessel delays, terminal congestion, and documentation discrepancies frequently cascade down to truck drivers and dispatch teams. CargoSprint’s strategy has increasingly centered on addressing these friction points through digital workflow solutions that connect stakeholders more effectively and provide actionable operational visibility. By integrating Dray Dog’s carrier-centric technology into its platform ecosystem, CargoSprint deepens its ability to support those at the front lines of port logistics.

Building on the Advent eModal Foundation

This acquisition follows CargoSprint’s 2024 purchase of Advent eModal, a move that expanded the company’s presence within the marine port community. Advent eModal’s port community system has long served as a digital interface connecting terminals, motor carriers, and other stakeholders through appointment scheduling, billing, and compliance workflows. The addition of Dray Dog builds upon that foundation by extending capabilities further into carrier-side operational planning. While Advent eModal supports terminal-facing coordination and digital documentation, Dray Dog enhances dispatch-level execution and real-time capacity matching within drayage fleets. Together, these platforms create complementary layers of port technology infrastructure that span from terminal gate to truck dispatch office, reinforcing CargoSprint’s ambition to deliver integrated solutions that improve performance across the freight chain.

Investment in Carrier-Centric Innovation

CargoSprint has emphasized that motor carriers and independent owner-operators are essential to the health of port communities and the overall reliability of global trade networks. Despite their critical role, many drayage operators continue to rely on fragmented legacy systems, manual spreadsheets, or reactive dispatch methods that limit operational efficiency. By acquiring Dray Dog, CargoSprint signals its intention to invest further in carrier-focused product development, analytics enhancements, and user experience improvements tailored to real-world drayage challenges. The company plans to lean into Dray Dog’s mission of improving decision-making through data-driven insights that help reduce preventable re-drives, tighten planning cycles, and ensure better alignment between dispatch capacity and confirmed terminal appointments. In doing so, CargoSprint aims to improve both economic outcomes for carriers and operational fluidity for the broader port ecosystem.

Leadership Perspective on Strategic Fit

Caro Krissman, Chief Executive Officer of CargoSprint, underscored the strategic logic behind the acquisition, highlighting the practical, carrier-centric orientation of Dray Dog’s technology and team. According to Krissman, a deeper understanding of Dray Dog’s approach revealed not only transformational business impact for motor carriers’ bottom lines but also positive ripple effects for terminal operators and the broader port community. Efficient drayage operations contribute to reduced gate congestion, improved appointment adherence, and more predictable cargo flows, all of which benefit terminals and shippers. CargoSprint’s leadership views the acquisition as an opportunity to build on what is already working within Dray Dog’s platform while accelerating innovation through additional investment and scale. The overarching objective remains clear: create measurable value for motor carriers while strengthening coordination across port stakeholders.

Dray Dog’s Vision for Improving the Trucker Experience

Nathaniel Brown, Founder of Dray Dog, described the drayage environment as one of the most operationally demanding segments within the supply chain. Carriers must navigate fluctuating appointment availability, chassis shortages, equipment imbalances, and regulatory constraints, often under intense time pressure. Dray Dog’s platform was designed to help carriers better align and execute operations in coordination with port facilities, ultimately improving outcomes for all stakeholders. Brown emphasized that partnering with CargoSprint will enable more aggressive investment in product enhancements that further elevate the trucker experience. The shared goal is not only technological advancement but also trust-building within the trucking and port communities by delivering tools that demonstrably improve daily workflows. Continued collaboration with carriers and port partners will remain central to product evolution.

Lone View Capital’s Strategic Backing

The transaction represents the second acquisition CargoSprint has completed since Lone View Capital made its strategic investment in the company in 2024. As a growth-focused private equity firm, Lone View Capital has supported CargoSprint’s expansion strategy centered on operational workflow modernization within freight and port environments. Doug Ceto, Partner at Lone View Capital, noted that CargoSprint has consistently focused on the people and workflows that make freight move efficiently. He characterized Dray Dog as a carrier-obsessed, data-driven capability embedded within one of the most operationally intense segments of the supply chain. From Lone View Capital’s perspective, supporting the combined team will enable deeper investment in port community technology and deliver meaningful efficiency gains for motor carriers navigating complex appointment-based operations.

Addressing Structural Challenges in Port Drayage

Port drayage has become increasingly complex amid rising container volumes, evolving regulatory frameworks, environmental compliance requirements, and heightened expectations for supply chain resilience. Appointment systems, while designed to manage congestion, can inadvertently create inefficiencies if dispatch capacity is misaligned or if real-time visibility is lacking. Preventable re-drives—where drivers must return to terminals due to documentation issues, missed appointments, or equipment unavailability—represent significant cost burdens for carriers. By leveraging predictive analytics, workflow automation, and integrated appointment intelligence, Dray Dog’s platform seeks to minimize such disruptions. Under CargoSprint’s ownership, these capabilities are expected to scale further, potentially integrating more deeply with terminal systems and port community data exchanges to create a more synchronized operational environment.

Enhancing Efficiency Across the Freight Ecosystem

The strategic combination of CargoSprint’s broader freight workflow solutions with Dray Dog’s specialized drayage planning tools positions the company to deliver end-to-end operational enhancements within port-centric supply chains. Improved appointment adherence and dispatch optimization can lead to shorter gate times, reduced congestion, and better utilization of chassis and equipment pools. These improvements have cascading benefits, including lower emissions from idling vehicles, improved driver satisfaction through more predictable schedules, and enhanced cargo velocity for importers and exporters. As global trade continues to demand greater transparency and resilience, technology platforms that align stakeholders and streamline execution are increasingly critical. CargoSprint’s acquisition of Dray Dog reflects an understanding that meaningful supply chain improvement often begins with empowering the operational actors closest to the freight.

A Collaborative Path Forward for Port Communities

Looking ahead, CargoSprint intends to continue investing in product innovation, team expansion, and community engagement within the port and trucking sectors. The combined organization aims to foster collaboration among carriers, terminal operators, and other stakeholders through shared digital infrastructure that reduces friction and builds trust. By focusing on measurable operational outcomes—fewer re-drives, improved planning precision, better capacity alignment—the company seeks to demonstrate tangible value creation rather than theoretical efficiency gains. As port communities face ongoing volatility driven by trade fluctuations, infrastructure constraints, and regulatory change, integrated technology partnerships may play an increasingly central role in stabilizing and optimizing freight flows. Through the acquisition of Dray Dog and continued backing from Lone View Capital, CargoSprint signals its intention to remain at the forefront of digital transformation within the marine port and drayage landscape, reinforcing its commitment to the people and workflows that keep global commerce moving.

Source Link:https://www.businesswire.com/

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