FIU Organization Receives a $1.25 Million Grant from PayCargo for Provide Chain and Logistics System

PayCargo, the freight payment platform, has offered a $1.25 million donation to Florida International University’s College of Organization (FIU Organization) to establish the PayCargo Provide Chain and Logistics System. FIU Organization was the 1st company college in Florida to introduce a Master of Science in Logistics and Provide Chain Management plan in the fall of 2018. Lately, in the QS Planet University Rankings for 2022, the plan was ranked No. 7 in the United States. On top of that, the college introduced a Bachelor of Organization Administration in Logistics and Provide Chain Management in 2018.

Eduardo del Riego, the CEO of PayCargo and an alumnus of FIU Organization with a BBA in Finance, expressed his delight in supporting the college by means of the present. He stated, “Our partnership will let FIU to make a lot more connections to essential corporations driving the development of our sector as properly as educate the students on major-edge technologies and ideas that will assist solidify South Florida as a center of excellence for logistics and provide chain.”

The donation from PayCargo will help in the improvement of infrastructure and faculty experience for the plan. It will also help student recruitment and profession readiness by supplying fellowships and internships, organizing firm visits, and establishing a speaker series with sector executives. In terms of faculty-focused efforts, connections with logistics and provide chain researchers will be enhanced, and participation in international conferences will be elevated.

William Hardin, the dean of FIU Organization, emphasized the significance of the present. He stated, “The present is a recognition of what we have achieved and what we can obtain. It enables us to dedicate sources year-round, attend events all more than the U.S., elevate our progress, and engage with the sector.”

PayCargo, founded in 2005, utilizes cloud-primarily based technologies to facilitate virtual payments for a variety of entities in the logistics sector, which includes air and ocean carriers, maritime ports, ground handlers, freight forwarders, and customs brokers. This technologies enables faster cargo release for corporations.