PortPro, a TMS provider to container drayage and intermodal carriers, announced it raised $12 million in a Series A funding round led by Avenue Growth Partners.
The proceeds from the round will allow the New Jersey-based company to expand capabilities on its technology platform.
“Drayage service providers are a critical component of the global supply chain and are in need of better software options to operate their businesses,” stated Ryan Russell, co-founder and partner at Avenue Growth Partners. “PortPro’s technology is uniquely positioned to lead this transformation.”
The platform allows dispatchers to view a driver’s itinerary and availability, determine which loads need to be assigned to a driver and dispatch loads directly to drivers. Users can access the software from a web portal or smartphone. The platform also provides visibility to brokers and expediters as well as integrations for other supply chain participants.
“We’re committed to the drayage community — it’s who we are,” PortPro CEO Michael Mecca said. “Our goal is to enable carriers to lean into a digital future by providing cutting edge software that helps them streamline their operations, grow their business, and keep their customers happy.”
Brokerage Compliance Symposium
The day before F3. Every compliance issue you face - fraud exposure, carrier liability, FMCSA rules, cargo theft, insurance gaps - navigated by attorneys and operators defining best practices in a changing industry.
F3 Awards Dinner
The night before F3. FreightTech100 companies honored. FreightTech 25 and Shipper of Choice winners revealed live. Cocktail reception into dinner and live music - 300 industry leaders in one purpose-built room.
F3: Future of Freight Festival
Industry-defining keynotes, rapid-fire technology demos, and industry leaders networking in experiences across Chattanooga - plus the inaugural F3 Awards Dinner featuring the FreightTech and Shipper of Choice reveals.
The day before F3. Every compliance issue you face - fraud exposure, carrier liability, FMCSA rules, cargo theft, insurance gaps - navigated by attorneys and operators defining best practices in a changing industry.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowThe night before F3. FreightTech100 companies honored. FreightTech 25 and Shipper of Choice winners revealed live. Cocktail reception into dinner and live music - 300 industry leaders in one purpose-built room.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowIndustry-defining keynotes, rapid-fire technology demos, and industry leaders networking in experiences across Chattanooga - plus the inaugural F3 Awards Dinner featuring the FreightTech and Shipper of Choice reveals.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register Now