Modern Logistics - aviation entrepreneur is revolutionizing the big business of transporting goods in Brazil
New York City, Jul 23, 2020 (Issuewire.com) - Brazilian E-commerce Soars Nearly 130 Percent in May
Industry set to exceed R$ 100 billion for the first time
COVID-19-related protocols triggered an unprecedented 130 percent increase in online shopping demand across Brazil in May. The month's strong performance may well be a precursor of continuing robust demand as official data show that 70 percent of consumers intend to continue shopping through digital platforms, even after the pandemic has ended.
The recent trend in e-commerce demand highlights the importance of having an efficient logistic sector for ensuring that consumers readily have access to the products they want and delivered in a timely fashion. In Brazil, logistics infrastructure plays a vital role given the country's size, geographical challenges, and its position as a leading global exporter of commodities. However, there continues to exist huge gaps in critical infrastructure that is requisite to expanding logistics throughout the country.
Brazil is the 5th largest country in the world and remains highly dependent upon road transportation, which is inefficient, often making merchandise vulnerable to theft. The country's existing highway network is insufficient as only 14 percent of Brazil's roads are paved.
Disruption of Brazilian logistics has become a premier area for private investment. The large amount of investment capital received by companies like Cargo X, Loggi and Modern Logistics clearly reflect this scenario.
Only an efficiently integrated air and ground logistics platform can adequately satisfy Brazil's consumer demand and ultimately solve the country's inefficient transportation logistics framework. To meet this challenge, Modern Logistics - a company that is part of DXA's portfolio - is the only player that is evaluating the array of market opportunities and is thus uniquely positioned to act as a "market enabler" for the logistics industry in Brazil.
About Modern Logistics: Modern Logistics is the only one-stop-shop logistics provider in Brazil. The company has 8 distribution centers, over 14,000 trucks, and operates its own air cargo operation with a current fleet of 4 aircraft all connected to its network. Modern's approach enables businesses to use its unique platform to maximize delivery schedules and expand service locations while reducing inefficiencies and creating new markets in a US$ 150 billion industry. www.modern.com.br
About DXA Investments: DXA is a private equity investment firm founded in 2012 based in Rio de Janeiro, with offices in São Paulo and New York. The firm has a team of experienced investment professionals who serve its client base of accredited, high net worth investors across the globe. DXA currently has approximately $200 million in assets under management. For more information, visit www.dxainvestments.com
Media Contact
F.FRANCO
www.modern.com.br
Source :Dxa Investments- https://www.dxainvestments.com/media
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