Borderlands: Cargobot sees big opportunities with global crossborder trade
Miami-based freight technology firm Cargobot is eyeing opportunities for business expansion in Mexico and other parts of the world as global supply chains adapt to new technologies. The company recently raised $6m in a funding round and plans to use the funds to expand its product offerings for shippers and carriers. Cargobot's CEO, Fernando Correa, said that increasing demand for warehouse and logistics space in northern Mexico has created a need for more cross-border logistics providers and transportation capacity.
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