Jotavio: cost control and growth with Eurowag

Jotavio: delivering 22% revenue growth in Iberian fresh goods logistics through Eurowag’s cost management

Jotavio, a specialist in fruit and vegetable transport, ended H1 2025 with 22% revenue growth and 5% net profit increase. CEO Octávio Martins credits operational discipline and the longstanding Eurowag partnership — particularly favorable fuel conditions and pricing flexibility — as fundamental to competitiveness. The company handles over 3,000 pallets of produce monthly through five strategic warehouses.

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MARKET LEADER | Jotavio - Transportes, S.A.

Founded: 1999

HQ: Portugal

Fleet: 80 refrigerated trucks

Employees: 152

Revenue 2024: €19.4m

Scope: Iberian Peninsula

Eurowag products: Fuel, Toll, VAT refund, Fine management

Market context

Portugal’s transport sector remains a strategic economic pillar despite challenges. International road freight decreased 14% in 2024. The economy is projected to grow 2.0% in 2025. The market is predominantly micro and small companies, with Spain accounting for over 65% of international freight volumes.

Operational challenge

In a low-margin sector, cost efficiency is a daily concern. Jotavio operates ~80 refrigerated Scania trucks with Schmitz trailers, averaging five years old. The expansion from pure transport into integrated logistics — five warehouses with sub-24-hour Iberian delivery — requires precise financial management.

Eurowag’s role

Octávio: “Controlling costs is part of our daily routine. Tools like Eurowag’s help us stay competitive by offering favorable fuel conditions and flexibility to adjust pricing whenever needed.” The company uses fuel, toll, VAT refund, and fine management services.

Measurable impact

H1 2025 delivered 22% revenue growth and 5% net profit improvement. AI-powered software has been implemented across finance, accounting, and invoicing. Over 3,000 pallets handled monthly through five warehouses. Strict control over all kilometers including empty runs.

Strategic outlook

Low-emission fuels expected in selected vehicles by H2 2025; electric trucks planned for national operations in 2026. Octávio: “We see a future shaped by three pillars: innovation, sustainability, and people.” AFIR, REDIII, and CSRD frameworks are already factored into investment decisions.

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