Impact on Trucker due to economic slowdown

In early September, one of the largest Commercial Vehicle (CV) players in India, Ashok Leyland announced a shutdown schedule. This announcement preceded the news of the 59% drop in the production of medium and heavy commercial vehicles (M&HCVs). There are various speculations with the story, and some believe it is due to urban and rural consumption. According to a report …

Indian Trucks

Why? Digital Transactions for Truckers

Navigating through highways, thin lanes, rough roads, lonely cold evening, with no security is not easy. The truckers pass through familiar/unfamiliar streets carrying the expensive freight with a lot of uncertainty.   What if there is a robbery?  What happens to the lorry payments or the trucker’s valuables? At the loading point, the truckers receive cash, not only for their expenses, …

Indian Truck

Truckers Revenue Analysis on Industrial development

Key Industrial Regions help truckers get better revenues The economic development of a region in the country is directly related to the Logistic and Transportation goods movement. The growth, in turn, impacts the truckers revenue. Truckers revenue typically depends on the distance, the load and the frequency of trips made by the trucker. While the travelled distance is one factor, …