Coconut Silo eyes Latin America

News Story
- 8 Dec 2022 ( #1106 ) - Montevideo, Uruguay
1 min read
Avancargo is an on-demand land cargo transportation pioneer
Avancargo is an on-demand land cargo transportation pioneer

A South Korean-Argentinian joint venture will open offices in Montevideo in the second quarter of 2023 to direct its operations in Latin America.

The Avancargo-Coconut Silo Joint Venture consists of Coconut Silo, a start-up based on deep tech and artificial intelligence in South Korea, and Argentina’s Avancargo, the first on-demand land cargo transportation service in the neighbouring country. 

The joint venture company aims to transform logistics and create an economic, social and environmental impact in the region through a technological hub.

"We seek to enhance our research and development capacity in technology for the freight forwarding and logistics industry throughout Latin America. We are going to enrich and develop new products tailored to large clients and freight providers in the region. There are great expectations, since it is a way to collaborate and unite the experience of two companies that are dedicated to the same problem in two different parts of the world," says Diego Bertezzolo, co-founder and CEO of Avancargo.

Avancargo and Coconut Silo are working on a joint solution so that the logistics and land freight transportation industries develop more efficiently in the region. 

 

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