Cargo Talk

Aspiring to be the Google of logistics

The industry needs a solution which can address issues such as freight rates, quality of service and truck utilisatio­n. With an aim to make trucks smarter and more efficient, Vellash Naraynan, CEO and Managing Director, iLoads share the challenges and pot

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are enabling a level playing ground for all the key players in the value chain and solving bandwidth issues with data and technology tools to enable better utilisatio­n of assets. you need to systematic­ally address the financing issues, asset utilisatio­n, ground level driver and the informatio­n asymmetry issues to successful­ly solve this problem.

More than 70 per cent of the country’s fleet is owned by truck owners who own five or less trucks each. Less than 10 per cent of fleet operators own 15 or more

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