In the US and Europe, there are many digital transportation Aggregators like Convoy and Uber Freight that streamlined trucking have turned into big businesses. in India, startup such as go on And black buck Now our Road Logistics are working on bringing similar streamlined processes to the market. They can be considered as the Ola and Uber of trucking, as such aggregators help in search and booking, value-added services and freight movement between shippers and truckers.
“India currently does not have a large digital marketplace that helps create price transparency, freight or liquidity in the market. Thanks to digitisation, every trucker has a smartphone in their hand. This benefits the existing road logistics industry. can be taken to streamline. Presently, 85 per cent of the logistics business is run through offline/call-based brokers. So anyone who needs a truck today needs to approach 5-7 brokers and The average time to get a truck that way is 9 to 12 hours.” Mohd Imtiaz, CEO and co-founder of Raho says.
“In the case of Raho, less than thirty minutes is a yes or no. Shippers are also unable to track trucks Currently and we provide real-time tracking to our users. Truckers can lift loads from any state that eliminates ‘dead miles’, they now also get paid immediately.”
From left to right – Abu Fahad, Head – Operations – Mohd Imtiaz, Chief Executive Officer – Muraleedharan C., Chief Technology Officer – Vipul Sharma, Chief Product Officer – Joshua Jebkumar, Head – Customer Experience
These digital aggregators have the potential to reduce shipper costs, eliminate the issue of dead miles and reduce the carbon footprint of the industry. They can also help reduce India’s logistics spending on overall GDP, which currently stands at 14 per cent and road logistics forms the largest share with 60 per cent.
Aggregators claim that streamlining and Digitization Logistics will increase the average running time of a truck from 7,000 kms to 11,000 kms per month. Drivers can use the platform to locate the new load in any state to drive back to their original location. This will help in maximizing profits and minimizing carbon footprint. India currently handles 4 billion tonnes of cargo every year. Trucks and other commercial transport take care of most of these transports. The on-demand/spot freight segment benefits immensely from Tatkal Payments which is already growing on the back of growing e-commerce and retail.
With the support of recent government policies like Logistics Efficient Enhancement Program (LEEP), Digital IndiaMake in India and others. Startups like Raho and BlackBuck are set to help transform India’s road logistics industry and take it towards the USD 330 billion mark in 2025.