New technology companies are poised to transform the shipping and freight industry across Latin America. Startups like Liftit, a Colombian provider of trucking services, and Nowports, a Mexican freight shipping startup, are angling to be the next Convoy and Flexport — at a time when shipping and logistics business in Latin America is booming thanks […]
View More Investors are pouring money into Latin America’s logistics and shipping businessesCategory: CargoX
Smart trucking startup CargoX raises $20M
CargoX announced today that it has raised $20 million in Series C funding led by Goldman Sachs.
The startup is currently focused on the Brazilian market, where it connects businesses that need to ship something with drivers who have excess capacity in their trucks. The goal is to help truckers make more money while reducing shipping costs for businesses.
When I talked to CEO Federico Vega… Read More