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Author: CtrlT

11 Aug

Why Fleet Management Should Take The ‘SaaS’y Route

by CtrlT
in FreshTake
Comments

In today's hyper-competitive market, successful and profitable transportation businesses are based on technology. From In-Fleet GPS Vehicle Tracking Tools to Automation & IoT, technology plays a crucial role and helps fleet managers reach goals throughout their organization. Cloud-based tools drive the change towards new and improved fleet management prospects as technology deepens into business operations.   Reasons Why Cloud-Based Tech Is Mission-Critical For Fleet Managers   Rapid growth...

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04 Aug

E-Documentation : The right time to change

by CtrlT
in MarketTrends
Comments

Many articles have been written explaining the benefits of the digitization of documents in the field of road transport. However, acceptance for a digital document is still very low. There are many reasons for fewer undertakings and most of them are connected to dormancy and internal limitations in the organizations. Technologies are mature and verified but many companies all over the world do not consider...

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22 Jul

Indian Logistics: At the CUSP of a Tipping Point

by CtrlT
in MarketTrends
Comments

The top three logistics businesses in India are DHL, UPS, and FedEx. Oddly enough, all of these multi-billion dollar companies are owned by the USA. The largest logistics companies in India in terms of revenue are Concor and TCI. The former is about to break the $ 1 billion mark when the 2021 fiscal year books close.   According to the IBEF, the logistics industry is valued...

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08 Jul

Which is Better ? Full Truckload Or Part Truckload

by CtrlT
in MarketTrends
Comments

According to the Economic Survey 2019-2020, the value of the Indian logistics industry is expected to touch $ 160 billion and $ 215 billion in the next two years. The Indian logistics market is growing at 10.5 percent CAGR and interestingly employs over 22 million people in the country since the implementation of GST.   Logistics is an important part of your day-to-day operations, irrespective of the...

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26 Jun

Data Science in Freight Negotiation & Truck Aggregation

by CtrlT
in CaseStudies
Comments

Freight negotiation is almost a straightforward process, one would think that initially. Although, whenever you look at it closely, it is far more art than the science required to acquire quotes at the best price. With no involvement of science, many companies in India rely on their proficient logistics managers to perform this function. For getting the best rates, logistics operators rely on their experience...

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22 Jun

Transporters – Its time to Reimagine how to run your Businesses

by CtrlT
in FreshTake
Comments

In India, every transporter we encounter is busy in their phone all the time. Busy chasing new loads & tracking current ones. Everyone from the dispatch clerk, manager, and senior managers keep functioning in a reactive mode on every load until they reach the destination. However, very few actually look to improve efficiency in day-to-day operations which would reduce this burden substantially.   Usually, transporters will be...

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14 Jun

E-Documentation : The right time to change

by CtrlT
in MarketTrends
Comments

Many articles have been written explaining the benefits of digitisation of documents in the field of road transport. However, acceptance for a digital document is still very low. There are many reasons for fewer undertakings and most of them are connected to dormancy and internal limitations in the organizations. Technologies are mature and verified but many companies all over the world do not consider the...

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26 Apr

Truckers Revenue Analysis on Industrial Development

by CtrlT
in MarketTrends
Comments

The economic development of an area in the country directly affects the logistics and movement of transport goods. The distribution of these areas will affect the revenue of the trucker. Trucker’s revenue usually depends on the distance, load, and the frequency of the trip made by them.   Industrial location plays a more pivotal role than factors such as travelled distance. In key locations, truckers get higher...

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25 Apr

Vehicle Tracking Technology

by CtrlT
in Technology
Comments

Since two decades, Vehicle Tracking Technology has been becoming more and more popular in the collective consciousness of the logistics world, and even now, it is still developing rapidly every day. Today, the scope of vehicle tracking had been expanded even more to better manage the daily operations of businesses and increase their efficiency.    Vehicle tracking is also enabling many organizations in reducing their operational cost,...

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08 Apr

Are Long Term Logistics Contracts really helping Shippers?

by CtrlT
in FreshTake
Comments

  It is a well-known fact that many companies enter into long-term transportation rate agreements in the pursuit of cost consistency and ease of daily operations. Many of them eventually realized that it is a myth.   The long term rate of the contract does hold good when the trucks are procured in the off-season. But, when there are peak seasons like Diwali or month-ends, we end up 1. ...

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