82 FOR PAVING A NEW WAY FOR TRUCK DRIVERS

ederico Vega’s three-year-old startup matches independent truck drivers in Brazil with loads of cargo that need to be moved, lowering transportation costs for shippers while boosting income for There is a mismatch between freight and trucks, but there is also a massive lack of infrastructure to enable efficient logistics operations. That impacts the economy as a whole. We built a marketplace for truckers and shippers. Now we can start capturing the value that marketplace produces. In order to operate, these truckers need insurance, gas, mechanical services. And we are creating a financial infrastructure to make the life of the trucker easier, so they can go and buy a new truck, so they can have working capital. We are starting to [connect] the trucks in real time to our platform with different types of chips. We’ve already developed chips that we hide in the cargo to see where it goes in case it gets stolen. Those chips, in the future, are going to be able to give us more information, like what speed the cargo is traveling, how cold it is or how hot, and if it’s humid.