Latest Press Release
SHIPSY: Tracking cargo movement from the first to the last mile
August 03, 2020
The increasing demand for real-time visibility and cost reduction has emphasized the importance of digitization in the current times. Shipsy’s platform not only addresses the above problem but also helps the user in location intelligence, last-mile delivery optimization and supply chain planning.
The SaaS based platform processes over 10% of India’s total containerized export and import volume. Moreover, it is one of the largest supply chain networks that brings exporters, importers, third party logistics, shipping lines, banks and insurance companies on a single platform.
According to Shipsy’s Co-founder and CEO Mr Soham Chokshi, the SaaS-based logistics software platform is designed to bring analytics, visibility and operational efficiency by providing actionable insights in the form of alerts.
Read more at :- Financial Express
Logistics Survived & Thrived the COVID-19 Pandemic
July 09, 2020
CargoTalk magazine interviewed Shipsy’s Co-founder and CEO Mr Soham Chokshi, where he elaborated how the COVID-19 pandemic has a long-lasting impact on the supply chain and logistic industry globally. He explained how enterprises are trying their best to survive in time by shifting to Automation and Artificial Intelligence aiming to reduce cost and inefficiencies.
He also mentioned that companies are focusing on reducing their dependency on China and are looking for cheaper alternatives.
Moreover, he emphasized how Shipsy is aiming at reducing the cost by focusing on helping our clients get end-to-end visibility of their shipments across both domestic and international movements.
Read more at :- Cargo Talk
Braving the Covid-19 Odd
July 06, 2020
In an interview with Celerity Magazine, Shipsy’s CEO and Co-founder Mr Soham Chokshi shared his view on braving in the time of COVID 19. Here he emphasized on the need to reduce physical dependency for documentation. He also explained how eliminating the detention and demurrage cost would result in improving the vendor base of FFs and Shipping lines with digital bidding.
Providing a solution to the current issues, he also elaborated how Shipsy’s SaaS-based technology helps reduce up to 6% cost for importers and exporters by digital rate procurement and e-billing. Also, reduce up to 10% distribution/ logistics cost for Retailers through zero contact delivery and automated route planning.
Read more at :- Celerity Magazine
The Fate of Startups
June 15, 2020
“Companies that master the delicate balance between cutting costs to survive today and investing to grow tomorrow do well after a recession period.” Shipsy’s Co-founder and CEO Mr Soham Cholshi shared his views with trade journal Logistics Insider on how start-ups should sense the need of the hour and devise a strategy accordingly.
He mentioned that startups should take wise decisions in terms of selective investment, preserve cash and revise their revenue models to survive these difficult times.
Read more at :- Logistics Insider
India being Transshipment Hub
June 11, 2020
In an interview with Trade journal CargoTalk, Shipsy’s Co-founder and CEO, Mr Soham Chokshi shared his view on India becoming a “Transshipment Hub” for global air trade, just like Dubai and Hong Kong.
He also proposed specific measures that India can take to become next transshipment destination like financially lucrative policies with tax exemption, improved connectivity to various ports and many more.
Read more at :- Cargo Talk
Time to Turn Crisis into Opportunity
April 07, 2020
Trade journal CargoTalk interviewed Shipsy’s Co-founder and CEO, Mr. Soham Chokshi on how COVID-19 pandemic has crippled the world supply chain and what future measures should Indian supply chain industries take to convert this into opportunity.
He also highlighted the fact that the world supply chain leaders have realized the importance of reducing dependency on China and are empanelling tier 2 / 3 suppliers from labor-intensive nation, albeit at slightly higher costs, to ensure no future disruption due to any crisis.
Read more at :- Cargo Talk
Containers Pile Up, Freight Rates Soar as Shipping Lines Cut Down Sailings
March 26, 2020
According to Shipsy data, the average turnaround time for a container at various global ports has gone up sharply. Shipping lines are cutting down on the number of sailings amid the Covid-19 scare, resulting in the piling of containers at ports and increased freight rates, despite a sharp fall in crude oil prices.
Read more at :-The Economic Times
Startups Grapple With Hiring, Appraisal Challenges
March 25, 2020
COVID-19 lockdown has pushed companies to put in place work-from-home policy, but the major question arises on how do companies ensure the emotional well-being of a remote team.
Read the article to know how Shipsy secures active participation of its remote team by indulging them in team-building activities like enjoyable “Polling Activity”, “Morning stand-ups”, etc
Read the full article :- Inc24
Conserving Cash and Postponing Expansion Plans
March 24, 2020
The rapid spread of COVID-19 has had a major impact on the consumer-focused startups that
are in their early stages of development. According to experts, startups have begun conserving
cash irrespective of their size. Any investment that was in the pipeline has been curtailed.
At this time of panic, Shipsy CEO Mr. Soham Chokshi, ,his focus is to save cost and provide salaries to the teammates.
Read the full article to know more :- Business Standards
Shipsy’s Opinion on How COVID-19 has Affected the Cargo Shipping Industry Globally
March 24, 2020
As countries seal borders to prevent the spread of COVID-19, the shipping industry has taken a hit. Indian logistics sector are finding it challenging to keep the business lines operational.
According to Mr. Soham Chokshi, “ports have been closed in many parts of the world. Containers that would get emptied and reloaded in three days were taking more than two weeks to turn around, causing an acute shortage in India”.
Read the full article to know:- Money Control
“Work From Home” has Become Essential After the COVID19 Outbreak in India
Shipsy’s CEO Mr Soham Chokshi talks about how the COVID-19 has impacted growth of Shipsy a SaaS based company and how the teammates manage their day-to-day task while working from home.
Find out more :- Hindustan Times
Indian Logistics Tech Startups To Watch Out For In 2020
Shipsy is elated to featured in the Indian Logistics Tech Startups list of 2020 by Inc42 Media. Here our CEO Mr Soham Chokshi spoke about the challenges and opportunities for digitization quotient in logistics Industries.
He also shared the company’s future roadmap to launch integrate-able shipment execution and invoicing module. The roadmap also includes the further introduction of mobile applications along with financing and insurance support for shippers and forwarders.
Find out more :-Inc42Media
According to Statista, the online food delivery segment revenue is expected to reach US$151,526m in 2021. The same report shows that the market’s largest segment
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