Nowadays, the trend truck dispatcher software like Trukky is on the rise, as they are providing on-demand transportation services to both part-time and full-time load segments. These software apps have made the working of transport businesses quite easy.

With this growth, many truck aggregators are becoming more serious about transforming themselves and resolving the transport industry issues with the logistics management apps. They all are trying to transform their business into the mobile platforms for making everything convenient, from delivery to operations, and from warehouse management to the supply chain.

The Current Scope and Market Size Truck Aggregators in India

An on-demand transportation service currently comprises the small fraction in this transport market, but is balanced with the exponential growth and its credit goes to the truck app solutions.

It seems like the Uber for trucking solution is in trend now, and Indian transport sector is no different. The on-demand transportation service is almost 20% cheaper than the offline players. The benefit which transport owners and users could have achieved till now has not taken place. For the last 20 years, a truck industry has not modified much.

For Indian entrepreneurs, the truck industry has been one of the most profitable businesses. The easy financing option for the same truck or a new truck could be sold almost after 3-4 years at the 75% of its initial or say original value, moreover. It makes sure that all the banks are well settled. For the small fleet owners, a percentage of profit may be limited, but the ROI would be high.

With the increasing number of fleets, profit declines. The trucking business in India prefers moderate returns over the economic sales. Not just the profits, increment in a number of fleets increase some operational complexities, such as:

  • Utilization decreases
  • Idle time increases
  • Decision making turn hierarchical
  • Route planning becomes tough
  • Credit terms with the customer become loose
  • Cost of operations doubles
  • Have to hire the high paid staffs
  • Wrong route cost assessment
  • Shortage of drivers

These factors reduce the profitability of fleet owners by almost 10K per month. Moreover, these transport industry challenges enable the truck aggregators for automating their business. They considered having the truck dispatcher software which is integrated with the logistics management applications that would turn their businesses scalable by keeping the profit margins unaffected. Hence, truck companies are opting to hire the mobile app developers who can enable them to make their businesses more organized.

Unorganized Trucking Businesses in India Getting a Push

The unorganized trucking businesses are all set to have a push from the new players who introduced an Uber like trucking solution for streamlining the truck industry. There were used to be inefficiencies in loading and unloading.

Every startup truck aggregators approach challenges in the fleet industry, a bit differently. Sometimes, they hire the mobile app developers for creating the logistics management applications. It allows corporate customers to check the availability of trucks, manage the freights, and track the trucks. And on the supply side, owners can see the truck location and may browse the demand in India.

Mobile and web app development companies help the fleet operators to scale their companies without any complexity and burden. Have a quick look, how they do this?

  • App developers assist the fleet owners to plan the optimal routes for the vehicles by using AI-based algorithms and machine learning. It helps them in reducing the time and increases the utilization
  • With the real-time tracking, users will have better reliability and transparency of the services
  • The usage of cloud-based documentations helps to eliminate the manual work like generating the paper invoice, lorry receipts, and so on
  • With the IoT technology, it has become easier to keep the tab on a driver’s behavior, preventive maintenance, and diesel consumption
  • Offering discounts to fleet partners such as spare accessories, diesel, or insurance became easy
  • Now there is no need for the fleet partners to bear the sales team burden, the increment in the on-demand transportation services, offer them with loads as they want

Conclusion

Trucking companies have not adopted any logistics management apps yet. They are not tied-up with the on-demand trucking services, even when there are a lot of drivers and operators have smartphones, and they operate it properly. The truck dispatch system tries to make transactions cashless so that the need and issue of no-cash flow shouldn’t exist.

Author's Bio: 

Ritesh Patil is the co-founder of Mobisoft Infotech that helps startups and enterprises in mobile technology. He loves technology, especially mobile technology. He’s an avid blogger and writes on mobile application. He works in a leading android development company with skilled android app developers that has developed innovative mobile applications across various fields such as Finance, Insurance, Health, Entertainment, Productivity, Social Causes, Education and many more and has bagged numerous awards for the same.