Cogoport provides a single online booking platform, which connects exporters and importers with a wide range of shipping lines
Indian exporters and importers can now book rail freight and ocean carriage in one place following a new agreement between Cogoport, the digital freight book platform, and Concor India’s largest intermodal service provider. "They can now organise transport from inland factories to ship and onward to points across the globe easily at the click of a button," said Cogoport.
The online freight platform shows prices for multiple carriers in one place, and Concor claims that it typically enable shippers to make savings of around 10% on ocean carriage. The new arrangement with Concor adds rail services to and from ICDs across India to the platform helping shippers to plan whole shipments whilst reducing costs port to port.
Purnendu Shekhar, founder and CEO of Cogoport says: “This agreement with Concor represents a further, significant step forward for Indian business - making their shipping easier and more connected. Some almost 90% of India’s rail freight is carried by the Concor rail network, so our partnership brings together the benefits of rail transport with our transparent marketplace for ocean carriage.
"For the first time shippers have a single factory-to-ship planning and booking platform. It’s a significant advance for businesses sited a long way from the sea, who can now plan logistics more easily and still take advantage of the 10-15% cost savings we typically generate on ocean carriage bookings.”
The platform was launched in 2017 and has already signed up more than 26,000 users, says Cogoport, with numbers increasing by at 25% per month in recent months.
It is particularly popular among small and medium-size enterprises who often do not have the resources to contact multiple suppliers or the individual buying power to access competitive rates for container shipping. "Rail operations are now joined with over 40 major international shipping line partners and host of other suppliers in the Cogoport marketplace to make logistics easier and fairer."