An organization that paves the way for supply-chain visibility plans to expand in Latin America.
Chicago-based project44 is expected to help the workforce in Brazil, Mexico, Colombia, Argentina and Chile flourish. It offers services to shippers, importers, exporters and experts in logistics, providing insight on how to handle bottlenecks that occur during the transportation process, according to Business Wire.
According to Business Wire, the pandemic stressed supply chains, which resulted in high rates on containers and port congestion. Latin America is seeing a high demand for imports and exports from Asia, creating more problems.
“While this increased demand could be seen as a windfall for LatAm organizations, many are still lacking end-to-end visibility across the supply chain,” CEO and founder of project44 Jett McCandless said, according to Business Wire. “This leaves businesses unable to effectively respond to a myriad of interconnected local and global transportation issues."
The increase in online retail is also adding pressure for Latin America, according to Business Wire.
"As the fastest growing SaaS platform for real-time, end-to-end transportation visibility our pre-eminent network already connects truckload carriers on every continent and nearly all containerized ocean freight moving between them," McCandless said. "Our expansion in LatAm is a natural progression of our international footprint, as we serve global leaders at both international and local levels.”
The expansion is expected to create an over two-fold increase in the organization's Latin American employees.
Pierre Jacquin will oversee the initiative in the region as general manager.
“LatAm is a market with a lot of challenges, not least due to a lack of infrastructure, its sheer size and the risks associated with this kind of operating environment," Jacquin said, according to Business Wire. "Having been greatly affected by COVID, at an economic level this has seen digitalization across the region accelerate and today, the organizations that have embraced this acceleration will drive the recovery and future growth of LatAm’s global economy.
"I am excited to be part of a remarkable team focused on fulfilling project44’s mission to deliver global end-to-end visibility across the supply chain. Having gained huge momentum across Europe and Asia this year, we will now echo this success in LatAm, delivering what the market needs to thrive in this most challenging of times.”