Former Flexport executive joins logistics start-up Nuvocargo as head of customs

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New York, NY – April 25, 2022 – Nuvocargo, the first all-in-one digital platform focused on cross-border trade between the United States and Mexico, today announced that Jay Gerard has joined the company as customs officer.

In this new role at Nuvocargo, Gerard will lead the company’s new customs division and develop the company’s new product offerings for its customers. Gerard has over 20 years of logistics and operational management experience and was most recently Global Director of Customs, North America at Flexport, an $8 billion logistics company, where he successfully helped build and to lead a customs division of more than 90 people. Gerard spent over five years at Flexport in various roles developing and managing the company’s global custom operations and product line. Previously, he was responsible for US customs operations for Burberry and international logistics manager for Sony Pictures Entertainment. Gerard holds a Bachelor of Science in Logistics, Supply Chain and Economics from Penn State University.

“Jay is an incredible addition to the Nuvocargo team. Very few people in the world have both true US customs brokerage expertise and experience building a technology product for customs while scaling a company-backed startup through years. hypergrowth,” said Deepak Chhugani, co-founder and CEO of Nuvocargo. “Customs is an extremely important part of every international shipment for our customers that requires regulatory licensing and expertise. We are thrilled that Jay is bringing his expertise to Nuvocargo to create the most technologically advanced product offering on the market for customs brokerage on the US-Mexico route. »

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“A strong customs offering aligns closely with Nuvocargo’s vision to modernize and simplify cross-border trade. The flow of data and information across the border continues to be a black hole and I am excited to be part of creating an automated solution that meets the needs of cross border shippers and importers,” said Jay Gerard, customs manager at Nuvocargo. . “Nuvocargo’s technology and people make it a leader and a true disruptor in the cross-border and logistics space. We are seeing true innovation in the logistics and customs industries, and I am thrilled to be part of the Nuvocargo team as we revolutionize cross-border logistics and customs.

Nuvocargo closed 2021 with 5x revenue growth over 2020 and tripled its workforce to nearly 100. The company plans to double its workforce again in 2022 to meet strong demand from shippers and carriers . Nuvocargo continues to accelerate its growth and expand its multi-product platform with offerings for carrier and shipper networks on both sides of the border. The company recently launched the first in a series of financial products it is developing – QuickPay for Carriers, which is essentially a cash advance product for truckers in Nuvocargo’s marketplace. QuickPay has grown by more than 20% week over week since its launch in October 2021 and is now linked to the majority of transactions in the market. Nuvocargo plans to launch many new offerings this year related to trade finance, more comprehensive insurance solutions and now customs led by Gerard. More products will come for both shippers and carriers as Nuvocargo continues to simplify trade between the United States and Mexico and provide an all-in-one software solution never seen in the market before.

About Nuvocargo

Logistics startup LatAm Nuvocargo is the first all-in-one digital platform focused on cross-border trade between the United States and Mexico, one of the largest trade routes in the world. Modernizing a $2 billion industry that relied primarily on paper, growing Nuvocargo combines proprietary software with a team of bilingual experts to seamlessly and seamlessly manage end-to-end freight movement on a single platform. -shape. The company has the most experience on both sides of the border, one-stop access to hard-to-get routes, and complementary services such as warehousing, insurance and financing – everything a shipper or carrier needs. need to simplify logistics. Nuvocargo is backed by over $40 million in funding from Tiger Global, QED Investors, NFX, Y Combinator, among others. Nuvocargo was recognized in YC Top Companies 2022 and ranked as the second most innovative company in Latin America by Fast Company. Learn more at nuvocargo.com/en.

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https://www.nuvocargo.com/en

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