Load24x7 Mobile App : An open platform for goods & Vehicle

An Open Platform for Goods & Vehicles

Transportation Mobile App

Transport Industry

Goods Vehicles

and many more …. and many more ….

Who carries these operations

Broker & Commission AgentsDirectly connected to Vehicle owners. Ensures supply of trucks to Booking agents & Transport Contractors.

Fleet /Vehicle OwnersOwns one or more vehicles. Deal directly with goods owners and through Broker & Commission agents also.

Booking Agents & Transport ContactorsDirectly connected to Goods companies. Have own vehicles and also hires from market. Plays main role in collecting, forwarding and distributing goods.

Goods OwnersNeeds Vehicles to transport goods. He represents the demand side of the market.

Present scenario

If ‘A’ has goods from Delhi to Mumbai. ‘A’ enquires his contact ‘B’ for vehicle.

But ‘B’ doesn’t have vehicle.

Whereas ‘C’ is on a return trip and requires goods from Delhi to Mumbai. But ‘C’ don’t know ‘B’ & ‘A’.

In these circumstances, Vehicle was needed, vehicle was available but vehicle returned without goods due to lack of connectivity ends in higher freight and fuel wastage.

Load24x7 mobile app simplify this cycle

Here users are posting their goods/vehicles on this open and transparent platform and Load24x7 is match making requirements with availabilities saving time, fuel and money.

‘A’ posted goods from Kolkata to Chennai.

‘B’ posted vehicle from Nagpur

‘D’ posted vehicle from Ahmedabad to Bhopal.

And ‘E’ Posted vehicle from Kolkata to Chennai.

And ‘F’ Posted goods from Nagpur to Ludhiana

‘C’ has goods from Ahmedabad

74%

15%

11%

Truck Ownership

Small Fleet Operators(1 -5 Trucks)

Medium Fleet Operators6-20 Trucks

Large Fleet OperatorsAbove 20 Trucks

The above data shows that the industry constitutes a large number of operators who are either single truck operators or small operators. This is a common feature observed that the number of big fleet operators having specialized vehicles or otherwise appears to be very limited. The small and to a limited extent the large fleet operators depend on the intermediaries for business. The unique ownership profile has resulted in middle men – booking agents and brokers.

55%

25%

20%

Goods Handling

Booking Agents & Transport Contractors

Brokers & Commission Agents

Fleet Operators

The traditional evidence is that the Booking Agents, Contractors & Brokers and are the real makers of the market. In other words, the intermediaries are supposedly the real power centers - with a major role in determining the broad contours of the market in terms of the rates, conditions of the movements, etc. in relation to the consignors (users) and operators.

Inter-relationship between players of the industry

Vehicle Owner -------- Goods Owner = 10%

Vehicle Owner --- Broker --- Goods Owner = 35%

Vehicle Owner --- Broker --- Booking Agent --- Goods Owner = 40%

Vehicle Owner - Broker - Large Fleet Owner - Booking Agent -- Goods Owner = 15%

However, it is widely believed that the rate paid by the consignor is the competitive one. This really brings us to the question: if the consignor is being offered a competitive rate, which is low, how much lower is the final rate offered to the Vehicle owner given that the final rate has no relationship to the consignor rate ? Would the rate to the consignor be lower given reasonable margins to the booking agents, brokers etc. ?

Load24x7 : An open platform for goodsFor competitive rates and best services an open platform can benefit the large number of operators segment. User will save time, money and fuel with the adaptation of Load24x7 mobile App.

• Small fleet operator will get maximum benefit by not paying commission for getting goods.

• Returning Vehicles will also get goods.

• Goods owner have better option to choose vehicles.

Features of Product Load24x7

Truck Suvidha/Truck

Mandi / Transport Bazar

Freight Bazar/ Truck

Bhada

Porter/ Movvo/Auto

Load

Blackbuck/ Rivigo

Sulekha / Just Dial / India Mart

Type of Membership Free Paid Contractual Contractual Contractual PaidPofile/Account User Manages Company Company Company Company CompanyDocuments Upload/Sharing Available Not Available Not Available Not Available Not Available Not Available

Live Vehicle Search Open (Route wise) Not Available Open Open Not Available Not Available

Live Goods Search Free/Paid* Not Available Not Available Only for the registered vehicle Not Available Not Available

Posting Availability of Vehicles/Goods Free & Open Not Available Not Available Not Available Not Available Not Available

Match Making of Goods & Vehicle by Message/Notification

Yes (Free) N/A N/A N/A N/A N/A

Live Chat Available Not Available Not Available Not Available Not Available Not Available

Business Platform Free & Paid Paid Paid Free (for Goods Owner Only)

Free (for Goods Owner Only)

Free (for Goods Owner Only)

Playing Role/Part as Free & Open Platform Broker Commission

Agent Booking Agent Transporter Paid Platform

All Over India Online Directory Yes Not Available Not Available Not Available Not Available Limited and Paid

Contact OptionDirect Call (Mobile Numbers available)

Barred / Paid Open Open to Vehicles Only Barred Virtual Numbers

Provided

Packers & Movers Section Available Not Available Not Available Not Available Not Available AvailableSale & Purchase of Old Vehicles Available Not Available Not Available Not Available Not Available Not Available

Comparison of Load24x7 with other mobile apps

India's Largest Online Transport Network

Registered App & Web Users 22000+Today over 22000+ users are registered and using Load24x7 mobile app from all over India.

Transporters in Directory 55000+More than 55000+ transporters are listed in our Directory with their address, mobile numbers and routes.

Packers & Movers 5500+More than 5500+ Packers & Movers are listed in our Directory.

Advertisements on Routes 1050+Over 1050+ routes have been booked with Load24x7 mobile app for their business promotion.