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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
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