Logistics Startup Nuvocargo Debuts Carrier Platform

Cross-border digital trade company Nuvocargo has launched a platform designed to help motor carriers streamline payments and invoicing.

As the company said in a news release Wednesday (June 29), the launch follows the December debut of Nuvocargo’s first carrier product, QuickPay for Carriers.

“After talking in-depth with our carriers, we discovered that the existing billing processes in the industry were a major point of inefficiency in their operation, leading to payment delays,” said Anaid Chacón, head of product at Nuvocargo.

Chacón said the new platform tracks all invoices and load details in one place, with carriers who have adopted this solution reporting that they’re saving between one and three hours a day.

Meanwhile, the company announced that Jonathan Rojas has been named Nuvocargo’s head of supply, overseeing the carrier sales and operations team and the rollout of the carrier platform.

Rojas brings more than a decade of transportation experience and has worked with both startups and freight companies. His most recent position was as vice president of carrier management and operations at Transfix.

“Carriers are at the very center of what we do at Nuvocargo, and our efforts have been very focused on giving them a more streamlined experience than they can find anywhere else,” said company CEO and Co-founder Deepak Chhugani. “Carriers are essential not only to grow our marketplace but also to delivering best-in-class service to our shippers.”

In an interview with PYMNTS last year, Chhugani said that pain points in the over-the-road movement of goods across the border between the US and Mexico are especially acute.

Read more: Digital Platforms Improve Trade, Supply Chain Finance Between US, Mexico

“It’s the biggest trade line in the world today,” he said. “Up to 11 million truckloads cross the border every single year,” carrying hundreds of billions of dollars of merchandise.

This process can involve as many as a dozen stakeholders that a company must deal with before goods arrive at their final destination, he said, spanning trucking companies in both countries, paperwork at the border and other touchpoints.