Grupo Transportes Monterrey
Carretera a Colombia 3200, Escobedo, Nuevo Leon, 66050, Mexico
Overview
Grupo Transportes Monterrey is a trucking company that specialized in land freight motor transport. They had the largest fleet and the best operators in Mexico. Their services are backed by certifications that guarantee the safety of the cargo and facilitate import and export processes for the benefit of their clients.
- Total investments
- 1
- Lead investments
- 0
- Investments · 12mo
- 0
- Active investors
- 0
Investment portfolio
- Liftit
Participated · Series B · Jul 2020
Liftit provides scheduled trucking delivery services that integrate with shippers' systems to plan trucks, optimize routes and reduce delivery times. The platform focuses on scheduled shipments rather than on-demand work—less than 1% of deliveries come from on-demand orders—and targets efficiencies for independent truck owners across Latin America. During the COVID-19 pandemic the company had 220 contracts with shippers; about half went to zero while the other half spiked, with new business such as Walmart increasing usage. Liftit is already profitable in Chile and Colombia and expects to reach profitability across all operations before the end of the year. The company says it is focusing on the five countries where it already operates and is expanding in Brazil, Mexico, Chile and Ecuador, and has recently hired heads of operations for Mexico and Brazil. That regional expansion aims to capitalize on increased demand and operational traction driven by pandemic-related shifts in logistics.
Team
No current team members are available.