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Family Aid 2020
   Vol. 21 No. 7
Monday February 7, 2022
PayCargo Soars

     Fast rising Coral Gables, Florida-based PayCargo adding business at an incredible clip is also growing almost like a force of nature into the top way to pay and get paid instantly across the entire logistics platform worldwide.
     Recently much beloved transportation executive Lionel van der Walt, the PayCargo CEO and dynamo for the past three and a half years stepped down from his key post to prepare and care for his daughter during specialized surgery and recovery.
     Thanking Lionel for his contribution and wishing the Van der Walt family well, Eduardo Del Riego, PayCargo Chief Executive Officer said, “all of us at PayCargo pray for Imma’s complete recovery.”
     Todd Pigeon has been named as PayCargo Vice President – Sales for the North American East Coast Region, Del Riego said.
     “We have experienced incredible growth as our users continue to share in our vision for a more efficient and streamlined supply chain.
     “In order to sustain this level of growth and continue our best-in-class service to our clients, it is imperative that we have the right talent in place to help us achieve our ambitious objectives.
     “Todd is a strategic appointment that will certainly help us to get this done.”
     Todd, based at PayCargo’s global headquarters in Coral Gables, Florida, now leads a team focused on both payer and vendor business development in the North American East Coast Region and also PayCargo’s Miami-based Inside Sales.
     What makes Todd Pigeon run?
     Pigeon brings global experience within the AP Moller Maersk Group, spanning commercial leadership roles throughout Latin America, China, Europe, and, most recently, the United States, including the role of Chief Commercial Officer at Sealand , a Maersk Company.
     “PayCargo is an exciting, fast-scaling, multi-modal ecosystem where any business from across the logistics industry can pay all of their providers instantly, and at no cost receive payments through one platform,” said Pigeon.
     “With the PayCargo system, customers do not have to worry about costly outdated payment processes such as requesting and tracking bank check deliveries, managing cash, and time-consuming credit application, which can also be costly.”
     PayCargo’s vision to transform the logistics industry payments landscape, is leading the way to facilitate a modern, cost-effective, and sustainable future for industry stakeholders across the value chain.
     Talk about life in the fast track, PayCargo said that it processed more than USD$10 billion of freight-related payments in 2021, a 250% increase from 2020.

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Publisher-Geoffrey Arend • Managing Editor-Flossie Arend • Editor Emeritus-Richard Malkin
Film Editor-Ralph Arend • Special Assignments-Sabiha Arend, Emily Arend

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