Avancargo executives, from left to right: Diego Bertezzolo, CEO and co-founder; Franco Diaz, Chief Operating Officer; Emiliano Vainstein, Chief Financial Officer; and Pablo Mendonça Paz, CMO and co-founder (Avancargo)

According to data provided by Avancargo, 37% of trucks on Argentina’s roads travel empty. Precisely to reduce this unused capacity, this company works, which was founded by national entrepreneurs, who came together in order to generate value in the freight transport sector.

The solution the company has brought to the industry is a platform for logistics 3.0 which takes care of bringing together more than 1,500 freight providers with about 20,000 carriers, which guarantees efficiency for both parties.

It’s the first B2B on-demand system Oriented to the transfer of goods in trucks. Currently, the database of this company has more than 100,000 vehicles inspected among the 700,000 that perform this service in the national territory.

Through the design and resolution of complex logistics operations successfully, the company has managed to position itself as a collaborator in the development of different companies, offering advantages such as Cost reduction and the reduction of the carbon footprint.

Pablo Mendonça Paz (left) and Diego Bertezzolo (right) are co-founders of Avancargo (Avancargo)
Pablo Mendonça Paz (left) and Diego Bertezzolo (right) are co-founders of Avancargo (Avancargo)

Diego Bertezzolo, CEO and co-founder of Avancargo, explains that in 2022 the maturation took place in the Value proposition of the company, which caused many the partners was looking for it: it now has more than 200 clients from the main industries, such as Simplot, Mondelez, Syngenta, Vista and Cargill.

“We come from a time when logistics sector It had many availability restrictions because, although the pandemic was over, the active fleet had shrunk considerably. In addition, the restriction of imports triggered demand and the old model of traditional contractualization was not enough: the market realized that it had to operate differently,” says the professional.

From expanding its solutions to different customers in various parts of the country, Avancargo has managed to consolidate over the past two years, a period in which its billings have increased more than 70 times, which has allowed the company to continue to evolve.

The development has been accompanied by an increase in the human capital: up 130% in 2022. The same was true for the number of unique carriers: they increased by 287%, while the active critical mass of carriers increased by 55%.

As COO of South Korean company Coconut Silo, Tony Han visited Avancargo executives to strengthen the bond between the two companies (Avancargo)
As COO of South Korean company Coconut Silo, Tony Han visited Avancargo executives to strengthen the bond between the two companies (Avancargo)

Facing 2023, Avancargo intends to charge $20 million and continue to put technology at the service of logistics, in order to continue connecting thousands of carriers and freight providers working throughout Argentina.

Likewise, the company is preparing two initiatives with which it intends to make a qualitative leap. On the one hand, the expansion of its operations abroad: it seeks to go beyond Chile there Uruguaywhere it is already present, to disembark in Brazil there Paraguay.

However, her ties abroad are even deeper, since she was selected by the program Hi Seoul, from the Seoul Metropolitan Government, South Korea. His connections in that country include signing a joint venture with the Coconut Silo entity for the development of a technology hub in Latin America that will explore 3.0 logistics solutions here and in Southeast Asia.

Meanwhile, the second proposal that the company has for this year consists of the massive launch of its SaaS platform. This tool allows transport SMEs to improve their daily administrative work thanks to cloud software and a more fluid exchange with each of the actors involved in the company.

For more information on Avancargo, do Click here.

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