Logistics startup Pibox grows by 60% during the pandemic

LatamListPibox, a Colombian logistics startup, experienced a growth of 60% during the global COVID-19 pandemic. The startup now serves over 2,300 SMEs and 500 partner platforms, including MercadoLibre and Amazon.

Pibox is the postal service for Picap, a Colombian logistics and transport company operating in Mexico, Brazil, Peru, and Colombia. Pibox provides cost-effective last-mile delivery using smart technology to improve efficiency and reduce costs by up to 50% for customers.

The COVID-19 pandemic caused a surge in demand, with 80% of companies questioned by Picap recording an increase in sales. Many of these companies did not have the resources to manage the logistics of posting the goods.

ā€œLogistics platforms such as Pibox can easily adapt to irregular situations that develop in the market. The current situation of rapidly increasing sales and a lack of resources to deal with them meant that, in a short space of time, many companies needed logistics support as a matter of urgency,ā€ said Daniel RodrĆ­guez Mendez, CEO of Picap.

In the past few months, Pibox recorded over 2 million parcel deliveries across its four countries of operation. The startup is rapidly becoming one of the fastest-growing logistics companies in Latin America and hopes to soon become the most important platform in the logistics sector in the region.

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