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DeltaX Accelerating its Plans to Digitize the Trucking Industry

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DeltaX Accelerating its Plans to Digitize the Trucking Industry
30 Apr 2022
min read

News Synopsis

Transportation startup DeltaX is accelerating its plans to digitize the trucking industry in its local Bolivia and passed way to a recent $1 million seed round.

DeltaX runs in the same space as Convoy, Loadsmart, and Sennder, freight forwarding. But unlike other countries in the pandemic where the transition has already begun and is accelerating, the startup is focused on Latin American regions where trucking is still in desperate need of digital transformation.

According to Ortiz, there are about 1 million truck drivers in the region, most of whom are independent. In its current form, this fragmentation has many drawbacks that DeltaX wants to address through technology.

DeltaX's work spans multiple layers, including facilitating communication between parties, automating cargo tracking and reporting, and increasing transparency of shipping documents with future elements of fintech and machine learning. In the long run, DeltaX plans to expand further to Chile, Colombia, Ecuador, and Paraguay, Ortiz said.