* Mumbai - Mumbaiite plans to crack trucking market
-- Murtaza Hamid, 40, who was employed at a prominent telecom company till recently, announced an aggregation portal, sastabhada.com, last week, though it was started in April. The firm has so far spent Rs 1.5 crore on research and developing technology. His is a website that bridges the gap between customers and transporters, a logistics aggregation portal... "But my website is not like the others," says Hamid. While others offer their own fares, sastabhada gives customers a list of transporters. The transporters list their fares and the customer decides how much he wants to pay. While most firms need you to pay for the return fare, including fuel, sastabhada, finds trucks going to your destination... "Let us assume you are shipping your goods to Delhi. Now, transporters will charge you for a truck to go to Delhi and then return empty. We will find a vehicle that has come from Delhi, so you will get a lower rate and the transporter monetises both legs of a journey. Win-win, really," he said... For this effort, he charges the transporters a monthly fee. He claims that his service will mean end-users paying up to 27 per cent less...
Mumbai, India - Business Standard, by Patanjali Pahwa - September 8, 2015Labels: trucking industry news India
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