Is the future of express cargo industry?
The time bound delivery along with custodial control and strong IT systems are the main service differentiators of express delivery services. Given the benefits of reduced delivery time and assured delivery, the growing preference of just-in-time approach for inventory to reduce inventory costs, the need to minimise loss of sale opportunities, and the rising end-consumer demand for quality logistics services, express delivery services are increasingly becoming the preferred mode of logistics for a large number of users.
Express cargo companies having strong operations and backend will be able to sustain the client’s growing demands. Additionally I think eCommerce deliveries will be one of the biggest growth drivers of this segment. V-Xpress has already signed with big eCommerce giants for their last mile deliveries and is stable in terms of venturing into the eCommerce business.