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Apr 26, 2016

* India TRUCK MARKET PROGNOSIS: Technology & Trucking:

* Delhi- How new innovations are adding up to the benefits of trucking aggregation

-- Whenever Indians think of trucks and the trucking business, their minds conjure up the image of a garishly painted, heavily embellished vehicle with a vest-clad, bearded trucker sitting in its cockpit singing loudly to the tune of his radio. The reason behind this image is pretty obvious – the long-haul logistics industry is still very much a brick-and-mortar industry. While the last-mile logistics sector has by and large adopted the benefits that technology brings in, the long-haul segment has resisted the change for years... A McKinsey report on the Indian logistics ecosystem expected it to grow at an average of 7-8 percent year on year, while the freight traffic is estimated to demonstrate a 2.5 fold growth till 2020. With their state-of-the-art tech-driven offerings, technology-driven trucking aggregators are well positioned to disrupt the market segment and tap into the massive business potential that is at present locked within the industry, which is currently estimated to be worth $220 billion. The end-game, in this case, is quite obvious – revolutionising the trucking business through tech-driven offerings and adding more value to all the stakeholders in the supply chain... 
New Delhi, India - Iam Wire, by Jayaram Raju - April 25, 2016

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