Page 40 - Most Trusted Logistics and Supply Chain Brands & Booming Fintech Companies
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10 MOST TRUSTED LOGISTICS AND SUPPLY CHAIN BRANDS 2021
ARE THEY ANY CRUCIAL AREAS YOU ARE CURRENTLY
LOOKING AT TO FURTHER EXPAND THE COMPANY’S
OFFERINGS?
We are looking out to solve the problem of return load.
In India, the transportation market is highly unorganized
NAME A FEW CORPORATE CLIENTS and fragmented. 95% of the fleet owners own less than
ASSOCIATED WITH YOU. 3 trucks.
We have been working with Patanjali, RIL, Ajanta Working with the traditional approach, these fleet
Soya, Gulshan Chemical, HPL Ltd, Merino Laminates owners choose their base near supply-heavy areas
and many more. and place vehicles in the clusters nearby their home-
town. Thus restricting them to cover remaining lanes
and creating a huge gap in demand and supply. On the
HOW YOUR COMPANY lanes they go, they have to take massive fare cuts on
the freights, although they incur the same expenses on
LEVERAGES THE POWER OF diesel, driver and other overheads and most of the time
MODERN TECHNOLOGY TO they have to wait for a day/ two to figure out any return
load which under-utilizes their truck. Therefore, until
HELP CUSTOMERS? and unless one caters to this problem it is very difficult
Our AI-enabled platform offers freedom of to make a viable aggregation platform for shippers and
choice regarding the marketplace and the secu- carriers.
rity & convenience of a digital freight forwarder.
The solution comes as a cost-effective package
for shippers and increases earnings for the fleet WHAT ARE YOU PROUD
owners by reducing the wastage of miles without
freight and adding to the asset utilization of trucks, OF ACHIEVING IN YOUR
thus reducing the carbon footprint in the country CAREER AND WHAT’S
which ultimately brings down the cost of logistics NEXT?
substantially.
I am proud of the fact that we were able to start
Trucknetic at the right time and having a first-
mover advantage to organize the logistics industry.
HOW DO YOU Further, we were able to reduce the wastage of
miles without freight and increasing the asset utili-
SEE THE GLOBAL zation of trucks and reducing the carbon footprint
in the country which will ultimately bring down the
LOGISTICS MARKET cost of logistics substantially.
SHAPING UP IN FEW WHAT PIECE OF ADVICE DO YOU WANT TO SHARE
YEARS DOWN THE WITH THE ASPIRING LEADERS OF TOMORROW?
Never give up. Perseverance and resilience are the most
LINE? important skills when it comes to business or life in
general. There is no right time to do what you want to –
The global logistics market is on jump into it with full enthusiasm and motivation and you
will see things will start falling in place.
a paradigm shift as of now. The
transition has started already
towards aggregation, standardiza-
tion and digitization. In few years
we can start seeing semi-autono-
mous and autonomous trucks on
roads. The sector is now ready
for disruption and with it, a lot of
companies will come.
40| Thecorporatereview.com | India | Vol. 2 | Issue 9 | October 2021