NEWS

FOR IMMEDIATE RELEASE

Bonded Logistics Selects CargoShot’s Groundbreaking “Proof of Condition”
Solution for Freight Shipments

Proving the condition of a shipment at every step of its journey is critical to Bonded, a
third-party logistics (3PL) provider.

San Diego, CA, December 20, 2023

CargoShot, Inc., an innovator in the supply chain and logistics technology sector,
announced that Bonded Logistics has deployed the CargoShot proof of condition
platform across its network. Bonded is a global 3PL provider based in Charlotte, North
Carolina with nearly three million square feet of facility space across 12 locations in the
Southeast.

This partnership is set to redefine industry standards with an advanced "proof of
condition" solution, designed to significantly reduce costly chargebacks while elevating
overall customer satisfaction. Central to this collaboration is the crucial role of visually
documenting freight condition to strengthen customer loyalty and confidence.

"In navigating the intricacies of the supply chain, our 'proof of condition' solution
promises to be a game-changer, mitigating risks, enhancing performance, and ensuring
satisfaction for both logistics companies and their valued customers" said Jon Van
Winkle, CEO of CargoShot Inc. “We’re on a mission to help 3PL providers like Bonded
Logistics eliminate billions of dollars in waste and inefficiency.”

Bonded Logistics commitment to fostering innovation and setting new benchmarks
within the logistics landscape is what sets them apart. "Providing visual proof of freight
condition not only safeguards against disputes but also instills trust by demonstrating a
commitment to transparency and accountability,” remarked Dave Jesse, COO of Bonded
Logistics. “CargoShot" solution has allowed us to elevate service levels and reinforce
client relationships."

Holding Accountable for Excellence

Incorporating "proof of condition" into the logistics process empowers shippers and
3PLs to hold other parties accountable within the supply chain. The visual evidence

ensures prompt identification and resolution of errors or mishandling, preventing
disruptions and financial losses.

Minimizing Financial Exposure: A Revolutionary Solution

The partnership arrives at a pivotal moment for the logistics sector, grappling with rising
costs related to fines, penalties, and damage claims. By introducing a comprehensive
"proof of condition" solution, CargoShot empowers logistics companies like Bonded to
minimize financial exposure, resulting in a positive impact on overall financial
performance.

About CargoShot

CargoShot is a trailblazer in technology solutions for the supply chain and logistics
marketplace. Specializing in tracking freight condition across the supply chain,
CargoShot empowers shippers and logistics companies to deliver high-quality freight,
elevate service levels, increase customer satisfaction and retention, and improve
financial performance through reduced exposure to costly chargebacks. Learn more at
www.cargoshot.com.

About Bonded Logistics

Bonded Logistics is a global third-party logistics (3PL) provider based in Charlotte, N.C.
with nearly 3,000,000 sq. ft. across a mix of 12 multi-client and dedicated buildings.
Privately owned, Bonded integrates warehousing, contract packaging, and
transportation services to offer a single-source supply chain solution to its broad client
base. Since 1972, Bonded Logistics has been committed to providing its clients with
customized, innovative, and superior solution-based logistics. For more information,
please visit www.bondedlogistics.com.

For media inquiries, please contact:

press@cargoshot.com