Ac­cess­ing ag­gre­ga­tors for trans­port

Lo­gis­tics Junc­tion (LJ) is an ag­gre­ga­tor plat­form avail­able for trans­porters in search of load and com­pa­nies in search of trans­port. BB So­mani, CEO, Lo­gis­tics Junc­tion, talks about what role Lo­gis­tics Junc­tion plays by pro­vid­ing an ag­gre­ga­tor plat­form to

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They own their cap­tive lo­gis­tics com­pany of around 100 fleets. With the ex­pe­ri­ence of this and suc­cess of Ola and Uber, it in­spired us to ven­ture into this. How will the trans­porter and driver com­mu­nity get a facelift with the launch of Lo­gis­tics Junc­tion?

The com­pany’s goal is to pro­vide the truck driv­ers with a good qual­ity of ba­sic daily liv­ing fa­cil­i­ties. Few of the es­sen­tials we are plan­ning to of­fer them are: • Sub­sidised fu­els & lubri­cants • Tyre/tubes, spare parts and other con­sum­ables on a dis­counted rate As­sis­tance in break­down or in­ci­dents Hy­gienic lodg­ing and rest­ing fa­cil­i­ties • • case of un­for­tu­nate • cus­tomers can see and an­a­lyse trans­ac­tions which en­able them to re­view the trans­porta­tion process.

We have tied up with com­pa­nies with reg­u­lar trans­porta­tion re­quire­ment across var­i­ous parts of the coun­try, in this way we are able to pro­vide re­turn loads to our trans­porters, mak­ing their trip ef­fi­cient. Would you like to com­ment on the cur­rent sce­nario of truck­ing in­dus­try?

There is how­ever a huge de­mand for goods trans­porta­tion ser­vices in In­dia. Be­cause of var­i­ous fac­tors such as im­proved road in­fras­truc­ture, GST and new com­pa­nies with in­no­va­tive con­cepts and tech­nolo­gies, the sec­tor has a huge growth po­ten­tial. What are your ex­pan­sion plans?

Reg­u­lar and high vol­ume busi­ness from over 4,000+ trans­porters with 2.25 lakh+ ve­hi­cles and 3,900 cus­tomers presently. We ex­pect this fig­ure to reach to 50,000 trans­porters and 10 lakh ve­hi­cles by the end of March, 2017. On a re­al­is­tic mea­sure, we hope to scale busi­ness be­tween 20 Cr in 2017 to 100 crore in 2019.

TMS is very ex­pen­sive, so when LJ in­te­grates the tech­nol­ogy, you save money, plus get more ac­ces­si­bil­ity to ca­pac­ity

CEO Lo­gis­tics Junc­tion

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