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Inter-city Freight Aggregator BlackBuck Rides on Technology to Revolutionize the IndustryBANGALORE, June 23, 2016 /PRNewswire/ -- - Bangalore-based B2B Logistics Firm BlackBuck Expands to 200 Cities With 40,000 Partner Trucks on its Platform - Increases Adoption of Mobile Apps and Technology to Create a Seamless, Simplified Truck Booking Experience In a bid to revolutionise the largely unorganized and fragmented transportation industry in India, Bangalore-based inter-city B2B trucks aggregator BlackBuck has ramped up its services across 200 cities in India with an inventory of 40,000 partner trucks on its platform. With technology at its core, the company is on a mission to enable a more data-based and efficient logistics industry, providing transportation services to some of the biggest names in the FMCG, Food processing, Chemicals, Automotive and Engineering Goods industries. To combat issues like lack of transparency and low reliability, BlackBuck was conceptualized to make B2B logistics simpler, reducing uncertainties around placement and visibility of vehicle movement during transit and reducing operational costs. The company is able to achieve this through dedicated smartphone apps for customers and truck owners. In a traditional setup, a customer would negotiate with 3-5 trucking companies to finalize the rate and booking of trucks. With BlackBuck's technology-led platform, booking orders can be seen by a much larger number of trucking companies, enabling the customer to get the best possible freight rate from not just 3 or 5 but around 40-50 trucking companies. A new feature in the BlackBuck customer app is the option forusers to buy insurance for their goods being transported. This further adds to the convenience and provides safety net to businesses. BlackBuck is also using technology to bring about a change in the payment structure in the industry and eliminating the use of cash. Payment to partners is done electronically to increase the speed of processing. Since its inception, the company has built a strong customer and supplier ecosystem to receive maximum benefits from higher asset utilization, which eventually leads to lower costs in the industry. The benefit of reduced cost of operations is shared by both the supplier and the customers. CEO and Co-Founder of BlackBuck, Rajesh Yabaji said, "With technology adoption on the rise, streamlining the process of sourcing trucks through automation fills the gaps of the traditional system. There is a need, especially among SMEs who have largely been under-served by technology, to re-engineer existing processes and empower them by bringing in higher execution efficiencies and cost control." Launched in April 2015, BlackBuck has grown to a team of 900 people with its presence in 200 locations across the country. BlackBuck provides superior service by creating an end-to-end technology driven system. About BlackBuck: BlackBuck, registered under Zinka Logistics Solutions Pvt. Ltd., was founded in 2015 by a team possessing 25 years of logistics experience, alumni of IIT Kharagpur and strong consulting background. BlackBuck is an online B2B marketplace for logistics transactions and is based out of Bangalore. With a strong leadership pool from top companies in industry and consulting (like ITC, Mondelez, DHL, Wipro, McKinsey, Booz, Accenture) and leveraging cutting-edge technology, BlackBuck is redefining the logistics landscape of India, making it reliable and efficient. BlackBuck brings truckers and customers on a platform to execute the transaction using intelligent auction engines offered by smart mobile interfaces. Integration of technology with on-ground execution helps adds reliability to the overall process. Given the low technology penetration in this industry, the scope for innovation is immense. This will add long-term value to all stakeholders involved. Please visit www.blackbuck.com for more information. To download the Android App, visit: www.blackbuck.com/enterprise Connect with us: Facebook: https://www.facebook.com/blackbucklogistics LinkedIn: https://www.linkedin.com/company/blackbuck
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