FasterCapital partners with Hangos Transportation Services to modernize freight logistics in Zambia, providing crucial funding and mentorship to enhance operational efficiency and meet growing market demands.

Information on the Target

Hangos Transportation Services, a Zambian startup, is poised to revolutionize freight logistics in Zambia by providing modern and reliable trucking solutions. The company specializes in flatbed trucks, refrigerated freight, and logistics services tailored to meet the needs of agribusiness, mining, manufacturing, and retail sectors. With a strong focus on customer service and operational reliability, Hangos aims to overcome the inefficiencies currently plaguing the Zambian freight market.

Founded to address the critical issues in road transport, Hangos Transportation Services offers features such as GPS tracking, scheduled maintenance, and a commitment to safety. Their services are designed to ensure timely deliveries, reduce spoilage of perishable goods, and improve overall logistics performance in a country that heavily relies on road transport.

Industry Overview in Zambia

Zambia's freight logistics industry faces significant challenges due to its landlocked geographical position and the increasing demands from sectors such as agriculture, mining, and manufacturing. The current market is c