Greatest Hits Episode: Federico Vega, Transforming Transport Logistics in Latin America, Ep 145

<p><span style="font-weight: 400; font-size: 24pt;">Greatest Hits Episode: Federico Vega, Transforming Transport Logistics in Latin America, Ep 145</span></p> <p><em><span style="font-weight: 400;">For this week’s episode of Crossing Borders we’re revisiting one of our greatest hits episodes featuring Cargo X’s Federico Vega.</span></em></p> <p> </p> <p><span style="font-weight: 400;">Anytime you have an item that you need to send from here to there you enter the world of transport logistics. It may seem as simple as calling UPS or FedEx, but there’s a lot more that goes into it for the companies that provide the service, not to mention, freight companies delivering all around the country. In Latin America, things get even more complicated.</span></p> <p><span style="font-weight: 400;">In Brazil, for example, 40% of the trucks that are on the road delivering packages and freight are not full. That’s a terrible use of the transport logistics resources that are available. When my guest today, Federico Vega, realized that, he saw an incredible opportunity to solve a problem and create a dynamic company. Through patience, perseverance, and iterations, Federico has built CargoX from the ground up – it’s the Uber for trucking in Brazil.</span></p> <h1><span style="font-weight: 400;">When you solve a problem you have the potential for a business.</span></h1> <p><span style="font-weight: 400;">Every entrepreneur has their own journey to discover exactly what kind of company they want to build. But as with every company that lasts, the needs of the consumer come to the forefront. It’s the problems, the needs the customers have, that drive the direction of the business.</span></p> <p><span style="font-weight: 400;">Federico Vega discovered that any company that regularly ships items across Brazil needs to do so reliably and as inexpensively as possible. His initial belief was that if he makes use of trucks that are already scheduled to embark on deliveries, he’ll be able to provide more income to the driver and deliver a l