mobile-logo
 

MarketTrends

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...

Read More
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...

Read More
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...

Read More
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...

Read More
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...

Read More