Cogoport, India’s leading digital freight logistics business, has announced a major expansion of services as it looks to provide greater supply chain visibility a growing Asian market.
According to a statement, the company has added a wide selection of services between ports in China and India as it looks to meet the rising demand for shipped goods between the two countries.
Cogoport, which already has more than 10,000 shippers in its customer base, launched its digital freight marketplace 2017 and has said it will look to roll-out its new service across Asia in the near future.
A brand new Port Technology technical paper looked at how to create a 'digitally resilient' supply chain
By using ground-breaking technology, algorithms and analytics, it has been able to provide fast and efficient freight movements and seamless shipment tracking.
In less than 2 years, Cogoport has attracted 25,000 registered exporters and importers, the majority of which are small and medium-sized enterprises.
Cogoport provides a seamless user experience with technology-driven solutions that simplify global freight movement.
— Cogoport (@Cogoport) March 28, 2019
The company is part of the digital logistics boom, the market phenomenon which has risen due to growing trade thanks to globalization and the e-commerce revolution.
Speaking about the announcement, Purnendu Shekkhar, founder and CEO of Cogoport, said: “Our customers tell us that Cogoport is already saving them between 10-15% on their logistics costs and around 40-man hours per booking for export shipments.
“With the launch of this imports product, a natural second phase progression for our digital platform, we are meeting demand from importers who can now harness our technology for an efficient, cost-effective and transparent freight shipping process.
“With just a couple of clicks importers can now benefit from an immediate choice of comparative prices from a range of premium shipping lines on our Cogoport platform, and at the same time be rewarded for being partners in this digital transformation.”