Logistics company Maersk announced its partnership with BlackBuck, India’s online marketplace for trucking, to provide an online marketplace for containerized trucking in EXIM logistics in India. The Indian government has set ambitions to reduce logistics costs from 14% of the GDP to less than 9% by 2022. The new platform will be owned and operated by Black- Buck with Maersk supporting BlackBuck to develop compelling industry specific solutions. The neutral platform will be open to the whole industry and will empower sustainable growth & efficiency by reducing touchpoints in the supply chain.
Announcing the collaboration with BlackBuck, Arjun Maharaj, Head of Sales, Maersk South Asia, said, “Our customers are dealing with fragmented vendors with varying service levels of communication, geographical, financial & infrastructural disparities resulting in suboptimal supply chains. At Maersk, we have committed ourselves to working with partners who understand these challenges, match our set of values and have expertise in both logistics & technology.” BlackBuck has been focused on bringing the offline operations of trucking online, be it matching a shipper with a trucker or reshaping the infrastructure around trucking to facilitate payments, insurance, and financial services.
Maersk has set out on a digital transformation journey and amongst various other initiatives globally is the India-focused OceanPro accelerator program which was launched in 2018. The solutions developed by few of the start-ups in first cohort of OceanPro are already being implemented through various services to accelerate technology innovation in Shipping & Logistics industry in India and globally. The company launched the second cohort of OceanPro in July this year with a group of five start-ups. ‘’At Maersk, we are collaborating with such start-ups that will help us solve land-side logistics challenges in India by not only reducing costs but also creating efficiencies for all the stakeholders in the value chain” says Bhavik Mota, Head of Product, Maersk South Asia.
For more information:
Adhish Alawani
Maersk
Tel: +91 7875557435
Email: adhish.alawani@maersk.com
www.maersk.com