Problem keeping carriers because Cargomatic's rates are so cheap - Anonymous employee Cargomatic Employee Review

1.0
Dec 14, 2016
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Great concept, apps easy to use, fun start up environment

Cons

Cargomatic aims to connect shippers with carriers. However, the carriers don't come back because they are offered very low rates; making them operate at a loss. Middlemen are stressed to answer to shippers on why their shipment cannot be delivered on time as promised. That plus the layoffs are an indication that there is not a lot of business anymore. Makes everyone nervous.

Explore other reviews about Cargomatic

5.0
Aug 25, 2025
Recommend
CEO approval
Business Outlook

Pros

Organized process with employee guidance throughout.

Cons

Nothing that comes to mind. Great team with great people.

1.0
Jun 9, 2026
Recommend
CEO approval
Business Outlook

Pros

Pros, they pay higher than industry average for sure.

Cons

Cons, this company is a clown show. It will never be successful under the current leadership of Rich Gerstein. They fail constantly at hiring people. They do not pay their third party drivers. Their cash flow is clearly an issue. They cannot retain employees. Do yourself a favor and do not come here to work.

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