Insights Success is covered "India's Best Freight Management Companies" 'here we can find Trusted Freight Management Companies, our business magazine is especially focus on that industry to determine the contribution for the industrialist in 2021.
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India's best freight management companies.
1. Cloud Quest
Adoption of
Cloud-based System in
Freight Management
Tech-Talk
How is Technology Changing
the Face of Freight and
Transportation Management?
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4. Editor’s Note
oday’s modern world is interconnected.
TCountries, companies, institutions, and so on
are regularly communicating with each other
and carrying out numerous business transactions. It
has become essential to employ various transportation
intermediaries, which help in uninterrupted
transportation of shipments from one part of the world
to other. As such, customers are in need of an efficient
service provider, which would ensure that essential
products and services are safely delivered to the end
users at a given period of time without any delays and
inconveniences.
This is where the leading freight management
companies have emerged as the saviours. They
oversee and manage the delivery of goods. One of the
prime objectives of these companies is to ensure that
they deliver freight on time to the right destination,
and at the lowest cost possible. They make sure that
their clients receive the best services and consistent
quality is maintained.
These prominent freight management companies use
the appropriate mode of carrier, while delivering
competitive rates. They stand up to the expectations
THE
TRENDSETTERS
OF THE FREIGHT
MANAGEMENT
INDUSTRY
5. of the clients and set up proper terms and conditions.
The renowned names in the freight management
industry optimize the transportation routes. They
assign vehicles, drivers, and other such facilities to
ensure safe and smooth delivery of the shipment.
Another major factor that they pay attention to is to
keep themselves updated with various rules and
regulations regarding documentation, paperwork,
insurance management, and compliance with
government policies.
While carrying the responsibility of smooth
transportation and delivery on their shoulders, these
renowned freight management companies
strategically plan and manage logistics, warehouse,
transportation, and customer services. They
coordinate with third parties, and direct and optimize
the entire order cycle.
Another responsibility of these companies is to liaise
and negotiate with suppliers, manufacturers, retailers,
and customers. They also look after various other
aspects of supply chain management such as quality
and quantity, stock levels, delivery times, transport
costs, efficiency, and a lot more.
The foremost names in the freight industry arrange
warehouse, catalog goods, plan routes, and process
shipments. They tackle with different arising problems
or complaints. These major freight management
companies supervise and train warehouse workforce.
Additionally, they meet different targets related to
cost, productivity, accuracy, and timeliness.
Hence, in this issue of Insights Success, we are
showcasing some of the most celebrated freight
management companies, which give prime importance
to the customers, and innovatively meet their
expectations. For more insights on these noteworthy
companies, go through pages of our latest edition –
India’s Best Freight Management Companies.
Happy reading!
Ananda Kamal Das
ananda@insightssuccess.com
6. C O N
Globe Forwarding
Agencies
A Dynamic and Performance
Driven Shipping Expert
08
Cover Story
C O N
7. N T E N T S
N T E N T S
Liladhar Pasoo
Leading Logistics Space with Integrity
22
Cloud Quest
Adoption of Cloud-based
System in Freight Management
18
Tech-Talk
How is Technology Changing
the Face of Freight and
Transportation Management?
26
Article’s
9. Management Brief
Company Name
Shashi Kiran Shetty
Chairman
Globe Forwarding
Agencies Pvt Ltd
Shivi Jain
Director
Liladhar Pasoo
Cargo Planners Ltd
Dr. Sharmila H. Amin
Chairperson and
Member Board
Allcargo Logistics is a top logistics company in India and a
one-stop supply chain management solution that provides
logistics solutions across 160+ countries.
Cargo Planners Limited was founded in 2000. The company's
line of business includes the arranging of transportation of
freight and cargo.
Globe Forwarding is a dynamic performance-driven company
providing skilled services in the fields of shipping, logistics,
project freight management, transportation and custom
clearance.
Liladhar Pasoo has always maintained a standardized approach
in Cosmetic Industry Logistics and is one among the best
solutions providers in this space.
Allcargo Logistics Ltd
Mr. Rajesh Mehta
Executive Director
Mr. Gautam Shah
Director
Mr. Ravi Shah
Director
Mr. Devendra Shah
Managing Director
Mr. Zubin Shah
Director
Mr. Shivan Shah
Director
Wizvane Shipping
Wizvane Shipping is a global logistics service provider to
importers and exporters around the world, providing
competitive air and sea freight, available 24x7.
Rajesh Singh
CEO
INDIA'S BEST
FREIGHT
MANAGEMENT
COMPANIES
11. Globe Forwarding
Agencies
A Dynamic and Performance Driven Shipping Expert
I would like to
leave behind
a legacy of hard work
and perseverance,
who believes in
the power of destiny
and taking it in
one's own hands
to mould it
“
“
12.
13. Even before the onset of this pandemic, the global
economy was confronting turbulence on account of
disruptions in trade flows and attenuated growth.
The situation has now been aggravated by the demand,
supply, and liquidity shocks that COVID-19 has inflicted.
Once the pandemic is controlled, the shape and speed of the
recovery in the U.S. and China will be among the key
factors that determine the nature and traction of global
economic recovery. “It is our expectation at this time that
the course of economic recovery in India will be smoother
and faster than that of many other advanced countries,”
comments Dr. Sharmila H. Amin – Chairperson and
Member Board of Globe Forwarding Agencies Pvt. Ltd.
Indeed, UNCTAD while releasing its latest report 'The
COVID19 shock to Developing Countries' has predicted
that major economies that are least exposed to recession
could be China and India. Among the most striking
consequences of this pandemic have been the game-
changing impacts brought on our social behaviours, as well
as on legacy networks and patterns of economic activity.
Speed, agility, and innovation are required in crafting
responses to cope with this evolving new normal. “We are
very alive to the fact that many of the analyses and
recommendations made in this report may soon be
overtaken by events, and we will endeavour to modify these
in line with the evolving environment,” she further adds.
Her opinion on the current industrial scenario of the Freight
Management Industry clears up the fog around the capital
expenditure of India.
Dr. Sharmila believes that the scenario for capital
expenditure in this country looks robust, particularly in the
next 5 years. With a stable government that is bullish on
growth, especially infrastructure, we may witness a move
ahead in terms of the stalled projects. Once these take off,
the flow of capital goods for these projects will follow with
a lag of 6 to 9 months due to the ongoing pandemic. “Thus,
overall, I'm pretty hopeful about the potential of growth in
the next 5 years”, said Sharmila.
The government's push for the 'Make in India' initiative will
further boost the manufacturing sector in India and
consequently the Project Cargo business, as more and more
companies will look to start or boost their manufacturing
bases in India.
Our software division
is using new AI and
Machine Learning
to augment our efforts.
The process is ongoing,
and the benefits
will accrue to our clients
and customers
“
“
INDIA'S BEST
FREIGHT
MANAGEMENT
COMPANIES
14. The power sector
will be the leading industry.
Mining, petroleum, and public infrastructure
will also be the key drivers
“
“
15. LOGISTICS & PROJECT FREIGHT
FORWARDING SERVICES
• Freight Forwarding Services for all
Modes of Transportation
(air/sea/road/rail)
• Door to Door Service inclusive
Customs Clearance
• Sea Freight including Breakbulk,
RoRo, Charter, FCL and LCL Traffic
• Warehouse Services -
Packing/Unpacking/Material
Control/Consolidation &
Deconsolidation
• Project Logistics Services
• Transportation of Extra-large/Over
dimensional/Heavy Lift Cargoes
• Heavy Lift Engineering
• HSSE and QM trained Operators
• Feasibility Studies, Route &
PortSurveys
• Risk Management
• Transport Insurance
• IT Services - Tracking and
Tracing/Reporting
16. An Agency Expert
Dr. Sharmila H. Amin was born and raised in a meritocratic
family of professionals. She completed her college
education in the field of Commerce and Economics at
Bombay University and embarked on the professional
journey that has brought her here today. Her initial
professional break came after getting professional
certifications in Shipping Management from the Indian
Institute of Management, Ahmedabad, after which, she
eventually went to get a PhD. in Operations Management
later in her career.
She started handling large accounts at Airfreight Limited,
one of the leading providers of logistics in the country and
globally. Sharmila handled air freight, sea freight, packaged
courier services as a partner of DHL, customs clearance,
travel and tourism, oversized cargo handling, along with
complex supply chain management and logistics for various
companies and gained experience in all the departments at
work.
These experiences taught her to overcome challenges
promptly and continue to thrive in this cut-throat
environment. In an industry that is predominantly male
dominated, she had her commitment, passion, constant
upgradation of industry trends, and dedication that rose her
to this level. She is not only one of the most successful top
executive businesswomen in the Indian logistics industry
but also the only woman in the Projects Logistics business
in India at this level. She also serves on the Boards of
st
Listed Companies and one of them being India's 1 Private
Oil & Gas Co – HOEC (Hindustan Oil Exploration).
Leveraging Disruptive Technologies
It is Globe Forwarding's aim to be the long-term partner of
choice for project freight forwarding and shipping in the oil
and gas, energy, and mining industries, by providing quality
solutions tailored to specific client needs and delivering
success. It is Globe Forwarding's goal over the next 5 years
to continue its global expansion strategy by focusing on the
key growth regions of Africa, Asia, and the United States of
America.
Each Globe Forwarding solution is tailored to specific client
needs based around a core set of Globe Forwarding
deliverables, namely safety, compliance, and environmental
and social responsibility, all of which are delivered in
accordance with the Globe Forwarding quality system. Cost
effective services delivering clear business value whenever
and wherever the client requires is Globe Forwarding's goal
and is consistent through all the services it provides.
Technological advances have made the logistics business
easier to access and provided an opportunity for companies
like Globe Forwarding to be more efficient and productive.
By taking advantage of the new and existing technologies
and trying to integrate them into its operations for increased
efficiency and productivity, the company's software division
is using AI and Machine Learning to augment the efforts.
The process is ongoing, and the benefits will accrue to the
clients and customers.
“Our best advertisement is the quality and responsiveness
of our services, along with my thirty years of executing
some of the most complex logistics operation in the country
serves the company well,” informs Dr. Sharmila. As the
team continues to grow and tap into more opportunities,
Globe Forwarding is at the table competing for every major
job in the country. This and all the awards and accolade it
received have spread its name to almost all the major clients
in need of project logistics and supply chain management.
Every new job handled is an addition to the capabilities of
the organization. “We are able to integrate the lessons
learnt and best practices into future projects. This model of
incremental capability and efficiency enhancement has
worked for us. We continue to fine tune it annually to stay
ahead and ensure a successful name for Globe Forwarding
Agency,” she concludes.
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21. Adoption of
Cloud-based System
in Freight Management
The arrival of advanced technologies in freight
management system is driving growth of the entire
industry. Majority of the companies in the industry
have started adopting the smart technologies to create
incredible opportunities in the transportation system and to
deliver the best solutions to the clients. Adoption of
advanced technologies in transportation system is leading
the world towards a digital future.
In recent times, advanced technologies like artificial
intelligence, Internet of Things, and big data were driving
the growth in freight management, but the recent adoption
of cloud-based technology has changed the entire system
significantly. The cloud-based technology is replacing the
old conventional transport management systems’ solution.
A cloud-based system offers a hassle-free way and
unlimited scalability to companies in order to use the
innovative technologies. The companies have experienced a
higher profitability after deploying the cloud-based systems.
The cloud technology holds the maximum share in the
industry based on its deployment.
AUGUST 2021 | 19 | www.insightssuccess.in
22. The cloud infrastructure in freight management creates new
opportunities and enhances the capabilities of organisations
to grow. This innovative technology helps the organisations
to deliver smart and efficient services to clients. The cloud-
based system offers features like carrier management,
carrier tracking, billing, and accounts settlement, etc.
Previously, the information about the orders was stored in
hard drives or on physical servers. Accessing information
from these physical locations was difficult and the risk of
data failure was high. It was hard for the organisations to
track and manage carriers as the information was stored
only at a specific place.
To overcome this challenge of accessing data in the
industry, cloud-based system was introduced. The system
provides a shared software that stores the information
required by organisation, which can be accessed by users
through the web. In this stored software, the information is
accessible from any device like laptop, smartphone,
desktop, or tablet. The system gives a flexibility to access
the information online in 24/7 format.
More and more organisations are switching from hard
drives and physical servers to the cloud-based shared online
software. According to a survey by Logistics Management
Technology Usage Study, 18% logistics professionals say
that they have already switched to cloud-based systems,
26% say that they are not sure if their company is interested
in cloud-based system, 37% of them are still evaluating the
system, and 13% logistics professionals do not see cloud-
based system as an option in the industry.
Majority of the organisations in freight management system
believe that cloud-based solutions are beneficial for them as
the technology offers a high bandwidth, access from
anywhere, and has a capacity to complete numerous tasks.
The fact that the current logistics and supply management
software providers are moving towards cloud-based
solutions is driving the decision of many organisations to
switch to the cloud systems.
Cloud technology has become a revolution in our lives and
the real advantage it provides to freight management system
are listed below:
Equipment and Utilization Patterns
Pattern recognition is important in any repetitive system.
The cloud infrastructure allows to analyse the shipping
pattern in a number of ways to accelerate making the
patterns in shipping and procurement. From utilising the
equipment to most common freight movement, cloud-based
system can help to learn the patterns.
Office Resource Flexibility
The cloud-based system offers a flexibility to the user to
access data from anywhere at any time. The universal
accessibility of the data makes it easier for the team to
handle processes. The higher authorities in the organisation
can monitor the process remotely and deploy the resources
if the response is needed on priority.
Real-time Pricing
Getting the price associated with all your logistic elements
quickly can make it easier for the organisation to control the
prices of every element. Cloud-based system gives you the
real-time price of every element based on market condition,
weather, and demand. The prices can fluctuate depending
on the transportation and warehousing. In such an unstable
condition, understanding the real-time price using cloud-
based system is an incredible benefit to the organisation.
Accurate Merge in Transit Model
When an organisation connects with numerous suppliers
across the world, sometimes it faces difficulty in
synchronizing the processes efficiently. In this situation,
synchronising processes using cloud-based system is
required highly. The system offers a real-time monitoring of
logistics solution that makes it easier for the organisation to
co-ordinate efficiently and make an accurate model to
merge in transit model.
Real-time Inventory
A real-time inventory is must for an organisation to control
the risk and optimise the cost of products. It prevents the
organisation to deal with the fluctuation in the costs and
keep a backup amount for emergency. The inventory level
can be controlled using a cloud-based solution to meet the
volatile situations when prices are fluctuating.
The cloud-based solution is disrupting the freight
management system and is an emerging technology that can
change the future of entire Transport Management System
(TMS). It is taking the future of logistics one step closer to
digitalisation.
- Devyani Sharma
AUGUST 2021 | 20 | www.insightssuccess.in
23.
24. Liladhar Pasoo
Leading Logistics Space with Integrity
A
th
t the beginning of the 20 century, the coastal lands
of the country saw major commercial cargo
movements. Soon the aspiring businessmen and
investors saw the rise of the logistics and supply chain
industry in India. Seeing this opportunity many risked a dive
to set foot in the industry but Liladhar Pasoo is among the
names that have made a mark in the logistics niche.
Since its inception in 1919, the family-owned company has
followed an organic growth strategy keeping integrity and
business ethics at the center. This strategy along with the
customer-centric approach has helped the company cross the
milestone of celebrating a century in the industry.
Today, the 4th generation of the family is slowly taking the
lead in business with its energetic, innovative, agile, and
more robust solutions. The way of working is modern, but
the core values remain the same. Over the years Liladhar
Pasoo has diversified into becoming India's most experienced
integrated logistics and supply chain solutions provider.
Keep reading the following interview to know how the
family-owned company has made a mark in the logistics and
supply-chain industry and continues to do so with its
ambitious plans to set foot in the global market.
Kindly brief us about the company, its values, vision, and
mission.
Liladhar Pasoo has always been a value-driven company due
to its high level of integrity and ethical way of operations.
Over the century Liladhar Pasoo has structured itself as a
professionally driven company offering an opportunity for
professionals to innovate and work towards generating
customer experience.
Today we proudly boast of a family of 700+ professionals
offering their services through our offices over 22 major
ports/ICDs across India. Our offices are capable to offer
integrated logistics and supply chain solutions to customers
across 18 different industries.
Our International reach of chosen global network partners
bases its operational capability and commitment value
The management of Liladhar Pasoo Group ( L to R )
Mr. Rajesh Mehta, Mr. Gautam Shah, Mr. Ravi Shah, Mr. Devendra Shah, Mr. Zubin Shah and Mr. Shivan Shah
AUGUST 2021 | 22 | www.insightssuccess.in
25. Over The Century Liladhar Pasoo
Has Structured Itself As A
Professionally Driven Company Offering
An Opportunity For The Professionals
To Innovate And Work Towards
Generating Customer Experience.
“
“
thereby strengthening Liladhar Pasoo’s strong presence
across 170 countries wherein we offer innovative logistics
and supply chain solutions while controlling the cargo at
both ends of the supply chain.
Our domestic presence is equally strong in India and is
backed by state-of-art infrastructure warehouses to cater to
industries like agro commodities, chemicals, pharma, retail,
and e-commerce. Today we manage over 1.5 million sq feet
and offer services with customized value-added benefits
while delivering to over 10,000 pin codes across India. Our
automated solutions across industry sectors make sure that
we fulfill our client commitments and ensure the unparalleled
customer experience.
Our IT infrastructure is also well-aligned with the value
system of our system while serving our customers. Liladhar
Pasoo’s agile and adaptable technology platforms have
enabled the group to deliver our commitments to many SME,
MSME, National and international reputed brands across the
globe giving everyone efficient and robust solutions.
Please share with us the contributions of Mr. Rajesh
Mehta towards the organization and the industry.
Mr. Rajesh Mehta was responsible to develop an overseas
network along with global sales and branding. His hands-on
experience in the supply chain industry has allowed him to
develop into an effective troubleshooter, be it operations,
pricing, sales, or development of global and local partnership
network, strategizing, and its implementation.
Responsible for a multitude of activities like global sales and
marketing, branding, strategizing, and development of a new
revenue stream for the company, and much more. Having
achieved a vibrant Freight Forwarder Agency Network in
170 countries that offer disruptive ideas of end-to-end
logistics Mr. Rajesh is responsible for making Liladhar
Pasoo into a global logistics brand.
He excels in designing corporate roadmaps and
implementing them in India by taking into consideration
economics and legal compliance aspects. He also offers
consultations on ‘How to bring values to supply chain and
increase sales through Logistics’.
Mr. Rajesh is also responsible to lead the international
logistics committee under Engineering Export Promotion
Council (EEPC INDIA). He is also a member of the
Advisory Board on Economic Times Supply Chain.
In 2019, he was inducted as one of the experts to spearhead
the TCM Panel Service sector division established by the
Confederation of Indian Industries (CII) to develop a
universal model for the service sector and eventually form
sector-specific content. Mr. Rajesh Mehta is also a prominent
member of the CII Task Force on Oxygen Supply Chain,
responsible for advising the government on ways to ensure
swift and hassle-free delivery of oxygen cylinders to fight the
pandemic.
What are the prominent services, products, or solutions
that Liladhar Pasoo offers?
Our operational insights and capabilities to understand the
laws and regulations along with the skills to handle cargo
and deliver it safely are one of our strong domains. It is
because of this we can customize solutions across different
industries and commodities. We are India’s most experienced
integrated logistics and supply chain solutions provider.
Our international freight forwarding offers innovative control
systems for seamless cargo movements to and from India
and overseas. We have PO management, buyer
consolidation, supplier consolidation, trade lane operation for
FCL, LCL, Breakbulk to be transported by air, ocean, road,
or in another multi-modal ways of cargo movement.
Our warehousing and distribution offer custom bonded and
general warehousing facilities bringing enormous innovative
value-added services like blistering, shrink wrapping, inject
printing, MRP stickering, etc in the most compliant hygienic
and aesthetic way.
Our transportation arm has expertise in handling hazardous
cargo movement of solid or liquid commodities being
transported as FTL, LTL, or through ISO tanks. We also
provide coastal and rail transportation for bulk movement. In
the case of express deliveries, we provide solutions by air for
emergency deliveries.
India's Best Freight Management Companies
AUGUST 2021 | 23 | www.insightssuccess.in
26. How is the company utilizing technology to ensure that
the supply chain is optimized and efficient?
At Liladhar Pasoo Group, digital dexterity has been a key in
operational excellence. Information Technology is at the
heart of everything we do. Our state-of-art IT network has
helped us cater to 18 industries across the globe.
The 4 pillars of our robust technology system are mobility,
visibility, transparency, and efficiency. This has enabled us to
make our workforce mobile and given us the capability to
monitor and control every bit of the process remotely during
the pandemic.
Our interactive and user-friendly dashboards and shipment-
tracking capabilities clubbed with services like API and EDI
help us interact with multiple systems to give end-to-end
visibility to customer cargo and reduce manual intervention.
Housing our systems in a secure cloud environment help
achieve visibility 24/7. It shows the confidence we have in
our core values demonstrated in practice by our certifications
of ISO 9001, 14001, 45001 along with the coveted
Authorized Economic Operator (AEO) certification.
Our agile and adaptable technology platforms have enabled
the group to deliver our commitments to many SME,
MSME, National, and international reputed brands across the
globe giving everyone efficient and robust solutions. Going
digital is the need of the hour and with LP digital, Liladhar
Pasoo has succeeded in delivering the best customer
experience and service.
The COVID-19 pandemic has enforced a new normal.
How, according to you, will the industry change and
modify its workings to meet the new requirements?
COVID-19 has come out as a big shocker for the corporate
world as none of the industries were prepared for such kind
of unfathomable emergency which has flawed many best-
planned supply chains and business strategies.
As a policy, corporates always plan for a contingency
situation, but the pandemic has caught us all in a banana skin
kind of a situation. The industries that have been working on
JIT Inventory Management have been the most affected since
they do not plan for huge inventory as a backup to save on
cost.
In the current shipping scenario, the frequency of
ships/aircraft calling at most of the Asian ports has been
slashed due to demand-supply imbalances of container
inventories and cargo. The shipping lines are overbooked
and having a space crunch and are offering delayed bookings
by almost three to four weeks.
A dedicated supply chain crisis management task force is
required at the national level to handle and take on any
supply chain challenges, alongside being empowered to take
decision in order to ensure delivery of essentials to human
life or raw materials for production and cycle back the goods
into the market.
Through a collaborative and integrated supply chain
approach we can strike balance between human health and
the economy whilst being more prepared to face any ‘VUCA’
situation.
Where do you envision your organization to be in the
long run and what are your future goals?
We look forward to being reckoned among the best-
integrated logistics and supply chain solution providers with
global footprints thereby controlling the cargo at both ends
of the supply chain.
Liladhar Pasoo wishes to use technology, operational
capability, knowledge, and the personal touch of a family
company to create values for our customers globally thereby
being benchmarked as the best logistics and supply chain
company for its commitment and best practice-based
services. We strive to control market share in 18 different
industries by developing world-class infrastructure processes
and people.
Rajesh Mehta
CCSO & Executive Director, Liladhar Pasoo Group
Through Collaborative And Integrated
Supply Chain Approach We Can Strike
Balance Between Human Health And
Economy Whilst Being More Prepared
To Face Any ‘VUCA’ Situation.
“
“
AUGUST 2021 | 24 | www.insightssuccess.in
29. Technology is gradually
evolving, while pushing
boundaries and upgrading the
way how businesses are carried out.
Today, almost every business is also
conducted online; we can get products
and services delivered at our doorsteps
right at the press of a button. Improved
technology has ensured faster delivery
of products and services, while
increasing productivity in the supply
chain, and minimizing costs and errors.
With these advances, the freight
transport and logistics industries have
earned various benefits ranging from
trucking transportation, international
transportation, supply chain
management, and so on. Below
mentioned are a few technological
advancements, which are transforming
the freight transport industry:
Shipment Tracking Systems
Not very long ago, customers booked
shipments, received an estimated
delivery date, and then were left
clueless about the delivery of their
order, unless they decided to make a
call and enquire about the shipment.
However, today, things have changed;
with advanced internet connection and
software, they can keep track of their
shipment 24/7. This enhances user
experience, while saving time and
money for the company as well.
Nowadays, companies offer advanced
shipment tracking systems, which
allow the customers to monitor and
manage their systems. These software
applications offer shipment
notifications and messages,
customizable reporting, customer
accounts information, and so on. They
are assisting us to do everything right
from the comfort of our couches.
Internet of Things (IoT) and Radio
Frequency Identification (RFID) have
Emerged as Key Players
With the advent of IoT, the supply
chain industry has come across many
opportunities such as reducing costs
and avoiding delays and risks.
Nowadays, cars, cargo ships, trains,
and so on have in-built sensors, which
are connected to an alarm system or
dispatcher that is tracking and
monitoring. With these hidden sensors,
the crew receives timely information
about the hidden risks and knowledge
about the shipment.
RFID is also a popular technology,
which has been helping the freight
transport industry to track inventory
and save costs on labour. A sensor is
placed on the product, which sends out
radio waves. This data, when received
by the company, is gradually
processed. RFID tags are similar to
barcodes. Owing to their superior
information delivery and data
processing speed, RFIDs are more
appealing to businesses.
Autonomous Trucks and Drones
In today’s world, computers help in
transporting humans and products from
one place to another in a jiffy.
Unmanned drones and autonomous
cars are no longer fictitious entities. In
fact, remote-controlled drones and
autonomous trucks are delivering
products with efficiency nowadays.
Although, the autonomous trucks are
not completely driverless, a driver in
the passenger seat to monitor is a huge
breakthrough in technology and has
massive potential in the delivery
process.
Furthermore, merchandise and retail
delivery giants have announced that
soon the packages will be delivered
right to the customers’ doorstep.
However, we may get to witness drone
deliveries a few years from now due to
regulatory measures and associated
costs, but it is very appealing to
imagine not to sit around for hours
waiting for a package to be delivered.
Enhancement in GPS Accuracy
We no longer print out directions of
any destination from the computer
before we leave the house. GPS has
become a common navigation tool,
whether people have it built into their
vehicles or if it is available on their cell
phones. These devices have drastically
increased their accuracy over the years
and are not only helping drivers to
navigate the route properly, but also
improving the supply chain. With
advanced GPS accuracy, trucks and
other vehicles can be tracked, while
improving hauls through access to
updated traffic data. This way,
productivity can be increased, and
customers can be satisfied.
Social Media is a Game Changer
Everyone checks social media on a
regular basis to satisfy their thirst to
remain socially relevant. Social media
is a powerful tool and can play an
important role in optimizing the
logistics industry and the entire
operations. This platform provides the
easiest and most efficient ways for
companies to communicate and
maintain strong relationships with
customers. It also helps in conveying
urgent information, industry news, and
customer responses quickly.
In this age of cut-throat competition,
companies in the freight transport
industry must keep up with the latest
technology to stay relevant.
Technological advancements are
helping the freight transport industry to
remain competitive and enhance
efficiency. With technological
breakthroughs taking place in the years
to come, it will be really exciting to see
where the industry is progressing.
- Ananda Kamal Das
Tech-Talk
AUGUST 2021 | 27 | www.insightssuccess.in
