Nuvocargo
Billing Platform

Nuvocargo launches Carrier Platform to streamline payments

July 5, 2022
The U.S.-Mexico logistics startup is offering the payment platform to allow carriers to streamline invoicing and gain a single view of all loads. Nuvocargo also hired Jonathan Rojas to execute the platform's deployment.

Nuvocargo, an all-in-one digital platform focused on U.S.-Mexico cross-border trade, announced the launch of its Carrier Platform, which helps streamline invoicing and payments for motor 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. “Nuvocargo’s Carrier Platform keeps track of all invoices and load details all in one place, helping carriers streamline invoicing. On average, carriers that have adopted this solution are seeing time savings of 1-3 hours per day, giving them more time to grow their business.”

See also: Lytx launches DVIR service

Available in English and Spanish, Nuvocargo’s Carrier Platform provides carriers with a single place to:

  • Upload invoices, additionals, and proof of delivery.
  • Review all necessary information to issue an invoice and the bill of lading supplement to comply with tax regulations in Mexico and the U.S.
    • Access QuickPay (payment in 48 hours) in one click.
      • Search and manage loads serviced over a period of time.
        • View invoices that are pending and paid.

          In December, Nuvocargo announced its first carrier product, QuickPay for Carriers, a cash advance product for the carriers in Nuvocargo’s marketplace. QuickPay's annualized run rate of transaction volume grew more than 900% from Q4 2021 to Q1 2022, with average weekly growth over 50% since launch. QuickPay now accounts for over 40% of Nuvocargo transactions. Building on that success, Nuvocargo’s Carrier Platform helps carriers get paid faster, save time on invoicing and reduce friction from multiple communication points and data sources, the company said in a press release.

          Jonathan Rojas fills key new role at Nuvocargo

          Nuvocargo also announced that Jonathan Rojas, a former vice president at Transfix, has joined the company as head of supply to lead the carrier sales and operations team and execute the rollout of its Carrier Platform to customers.

          In his new executive team role at Nuvocargo, Rojas reports to Nuvocargo co-founder and CEO Deepak Chhugani, leading the company’s growing carrier sales and operations team as it launches the new Carrier Platform to customers. With 10-plus years of transportation expertise and a background in both startups and freight, Rojas was most recently the vice president of carrier management and operations at Transfix.

          See also: How in-cab technology is changing tank trucks

          “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. Carriers are essential not only to grow our marketplace, but also delivering best-in-class service to our shippers,” Chhugani said. “On top of building user-friendly technology to streamline their operations, Nuvocargo is constantly seeking to bring unique talent to lead our efforts. Jonathan is the perfect person to lead this efforthis background in both startups and freight will undoubtedly give us an edge as we build out Nuvocargo for exponential growth and scale.”

          “The U.S./Mexico trade lane is one of the most important in the world, but has a lot of fragmented and outdated processes,” Rojas said. “Nuvocargo’s technology is transforming the flow of goods between the two countries, and our leadership team has a unique mix of high-caliber experts from different industries and startups that are focused on driving innovation to this space. That combination is what drew me to the company.”

          About the Author

          FleetOwner Staff

          Our Editorial Team

          Kevin Jones, Editorial Director, Commercial Vehicle Group

          Josh Fisher, Editor-in-Chief

          Jade Brasher, Senior Editor

          Jeremy Wolfe, Editor

          Jenna Hume, Digital Editor

          Eric Van Egeren, Art Director

          Sponsored Recommendations

          Reducing CSA Violations & Increasing Safety With Advanced Trailer Telematics

          Keep the roads safer with advanced trailer telematics. In this whitepaper, see how you can gain insights that lead to increased safety and reduced roadside incidents—keeping drivers...

          80% Fewer Towable Accidents - 10 Key Strategies

          After installing grille guards on all of their Class 8 trucks, a major Midwest fleet reported they had reduced their number of towable accidents by 80% post installation – including...

          Proactive Fleet Safety: A Guide to Improved Efficiency and Profitability

          Each year, carriers lose around 32.6 billion vehicle hours as a result of weather-related congestion. Discover how to shift from reactive to proactive, improve efficiency, and...

          Tackling the Tech Shortage: Lessons in Recruiting Talent and Reducing Turnover

          Discover innovative strategies for recruiting and retaining tech talent in the trucking industry at our April 16th webinar, where experts will share insights on competitive pay...

          Voice your opinion!

          To join the conversation, and become an exclusive member of FleetOwner, create an account today!