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Apr 23, 2015

TRUCKING INDUSTRY NEWS * India: Is it even possible to organize the intercity truck industry ?

* Mumbai - ReturnTrucks thinks so with tech helping

-- Sudhakar Vintha has a steep climb ahead of him. ReturnTrucks, a service company founded by him, connects truck and load owners through a truck and load matching platform. Customers can post the truck availability and load availability for free and load owners can book their truck. There are more options like exchanging information, tracking trucks, etc. ... The small and medium players require affordable solutions that actually help them get loads and empower them with technology in building their reputation. According to Sudhakar, the biggest opportunity in this industry is to connect loads to these small truck operators and bring visibility into the shipment status. The load owners typically are corporates. For ReturnTrucks, the focus is on return trips to ensure the truck owners reduce the lead time for the return journey while the load owners are assured of timely delivery at a comparatively lesser cost as well as reduce carbon footprint... Companies like Shippr and Blowhorn are organizing the smaller trucks intracity while ReturnTrucks wants to go after the inter city, cross nation market of trucks. Still early days, ReturnTrucks will be an interesting effort to check whether tech can be used to organize every imaginable ‘unorganized market’... 
(Image: Sudhakar Vintha's ReturnTrucks)  --  Mumbai, India - Your Story, by Jubin Mehta - April 21, 2015

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