Carrus Trucks aims to be an online platform connecting shippers and fleet owners for long haul and short haul cargo transportation. Currently, brokers take 20-25% of freight costs by controlling transactions between transporters, agents, and shippers. Carrus seeks to remove brokers and allow direct transactions between customers and fleet owners, benefiting all parties through increased earnings and lower prices. The founders have business experience and plan to generate revenue through a 5% brokerage fee while offering the platform free to customers. Their goal is to improve fleet utilization, bring more transparency to pricing, and provide live cargo tracking and fleet management tools.
2. ELEVATOR PITCH
Uber for long haul / inter-city trucks.
CARRUS TRUCKS is a transparent, efficient and easy
way to transport cargo on demand with live tracking,
competitive pricing & timely delivery of cargo for
shippers. For Fleet owners, we offer better load
matching, improved profitability and on time
payments.
3. TRUCKING INDUSTRY - $120 Billion
LONG HAUL SHORT HAUL INTRA-CITY
- Engaged for long - Engaged for short - Engaged for intra-city
distance inter-city distance inter & intra cargo movement.
cargo movement city cargo movement.
- Market size $80 Billion - Market Size $ 25 Billion - Market Size $ 15 Billion
OUR TARGET IS LONG HAUL AND SHORT HAUL LOGISTICS FOR
CORPORATES and SMEs
4. HOW IT CURRENTLY WORKS
TRUCK OWNERS TRANSPORTERS AGENTS SHIPPERS
Currently, the market is controlled by Agents or Brokers.
Both Transporters and Customers are dependent upon Brokers for making
truck requests.
The Agents and Transporters take 20-25% of the freight value.
We want to remove the Transporters and Agents and let Customers and Fleet
Owners transact directly.
Truck Owners earn more, Customers pay less and Carrus earns commission.
5. CARRUS ADVANTAGE
Fleet utilization: Current industry average is 65%.
Price Discovery: Spot market pricing is opaque due to
presence of Agents. We want Shippers & Truck
Owners to transact directly for more efficient price
discovery.
Live Tracking of cargo
Fleet Management software for Truck Owners.
6. BUSINESS MODEL
We take 5% brokerage from fleet owners.
Customers avail our services for free.
We will introduce more value added services in the
near future to fleet owners & drivers on paid basis such
as navigation, route optimization, highway
information, etc.
8. MARKETING IDEAS
Social Medium - LinkedIn, Facebook, Twitter, YouTube
Direct Sales Team
Events at Trade Organizations such as IIA (Indian
Industry Association), FICCI, etc and Transport hubs
of major cities
Referral Program for Shippers & Fleet Owners
9. TEAM
SAURABH GUPTA
Bachelors in Business Administration
from Purdue University.
Has been working in his diversified
family business of cotton spinning
mills and real estate.
MOHNISH RATHI
Bachelors in Electrical Engineering
from Purdue University.
Has been involved in family business
dealing in industrial products such as
coal crushers, material handling
equipments, bearings, lubrication
systems, etc