Global Startups Similar to Kargo co id UNDERSTANDING
Global Start-ups Similar to Kargo. co. id UNDERSTANDING GLOBAL STANDARDS
Start-ups chosen Start Up Companies; Founding Locations Freight. OS; American Depsco; America Flexport; American Freight. Filter; United Kingdom Loadkaro; India Convey; America Transporteca; United Kingdom Buddytruk; America IContainer; America Xeneta; America Lala. Move; India Fleet (Shipstr); America Shipito; Malaysia Haven; America Shipwaves; India UShip; Amsterdam Cargomatic; America Expediators; America Truck. Track; America Easy. Ship; Hong Kong TIContract; America Open. Port; Hong Kong Convoy; America Trucker Path; America Caritruk; Indonesia Kargo. co. id; Indonesia
Analytical Techniques Parameters measured out of 10. (Objective Test) Responsiveness; Quotation Time, Freight Size variability, Response to requests or questions, Email notification time Customer Service; What sort of services they offer in regards to; Email invoices, Quotation process, Security, Insurance policy, tracking ability, weather updates, traffic predictions, route optimization Risk Mitigation; Security measures to protect data, payment approaches, Customs approach, software development Standard Operating Procedures; What is the common way of processing customers and transactions Pricing Strategy; Transparency, comparison measurements, business model
Measurements of Key Features offered by Start-ups Ratings Instant Quotation ( >2 hours) Real-time tracking Application based platform/ App accessible Live Chat Shipping Calculator Testimonials on website/ app Reviews Cloud Encryption Pre-pay Online Invoices Weather Updates Emissions Calculator Statistical Analysis Add-ons International Shipping Access to; Ships, Air freight, or both Company's features are measured out of 19 features. Receiving 1 for yes, and 0 for no.
Flexport Founded; 2013 Start-up Funding; $94 m Coverage; International Shipping Username; williamp@kargo. co. id Password; Will 845646/ Key Differentiators - Carbon Calculator per shipment - NSA Grade Security protecting the cloud-based information - Only company that functions globally at a scale of over 60, 000 containers annually, through an online freight forwarding marketplace platform. - streamline all internal and external communication about shipments in a single dashboard, eliminating back and forth emails and phone calls - Have helped reduce the cost of shipping from Shenzhen to Los Angeles down to near $0. 14 per parcel (500 g<) Features; 16/19 Parameters Responsiveness; 9 Customer Service; 9 Risk Mitigation; 9 SOP Effectiveness; 8 Pricing Strategy; 7 Total; 42/50
Freight. OS Founded; 2012 Start-up funding; $23. 3 m Coverage; International Shipping Strategy; Digital Freight Forwarders Key Differentiators - up to 200, 000 quotes weekly - Cloud based platform which automates all quotes - Give weather updates to customers and vendors - have developed the software to handle the excel and pdf files shippers and customers usually use. This incorporates data regarding fees, requirements, legal issues, penalties for late delivery, ship location, availability, weather data, and price schedules from shippers and ship owners. Jprofiler extracts data/ information out of different software and collaborates in one. Use of promotion 'Starbucks $25 gift card and a free 'Ship It' cup - Once shipment booking is made, it is the carriers job to organize further details Parameters Responsiveness; 9 Customer Service; 9 Risk Mitigation; 9 SOP Effectiveness; 8 Pricing Strategy; 7 Total; 42/50 Features; 14/19 URL; https: //www. freightos. com/ Login; Email; williamp@kargo. co. id Password; Will 845646
Cargomatic Founded; 2013 Start-up Funding; $20 m Coverage; Online platform based within a 150 mile radius of Los Angeles, New York and San Francisco Key Differentiators - Personalized service, in which aims at creating convenience and reducing spare space in small company trucks, taking 20% commission on the freight rates. - Cargomatic Free Flow; allows terminal operators to load the first available container and place it on the next available chassis. Introduced into the Port of Los Angeles and looking to expand. - No charge to use application, but once booking is made, Cargomatic take a percentage of transaction - Education learning material for vendors on app to help drivers learn the usages of the app. Parameters Responsiveness; 9 Customer Service; 8 Risk Mitigation; 8 SOP Effectiveness; 8 Pricing Strategy; 7 Total; 40/50 Features; 12/19 URL; https: //www. cargomatic. com/ Login Email; williamp@kargo. co. id Password; Will 845646
TI Contracts Founded; 2000 Start-up Funding; Undisclosed Coverage; International Key Differentiators - 55, 000 carriers, with highly integrated platforms that manage Tendering, Rate Management, and Billing. - Mainly aims at trying to reduce time for the customer. - Carries three separate online platforms all integrated into the same orientation. - Readily available benchmarking system that helps analyze logistics companies. -Communication between the shipper and the vendor is done on the private web portal. - Claims to reduce freight costs by 19% Parameters Responsiveness; 7 Customer Service; 8 Risk Mitigation; 8 SOP Effectiveness; 8 Pricing Strategy; 9 Total; 40/50 Features; 9/19 Only form of demo or software trial is Video, denied my company as valid beneficiary.
Lalamove Founded; 2013 Start-up Funding; $61. 6 m Coverage; Within China, based around the major cities Key Differentiators - Functions in small sized freight, nothing exceeding 5. 5 tonnes. Can pick up shipments within 55 minutes. Aims well at the highly sensitive market in China. URL; https: //pro. lalamove. com/hk/en? _br anch_match_id=358086835978853 078 Login; Press Escape when the country location comes up Parameters Responsiveness; 8 Customer Service; 7 Risk Mitigation; 7 SOP Effectiveness; 8 Pricing Strategy; 7 Total; 37/50 Features; 8/19
Transporteca Founded; 2012 Start-up Funding; Undisclosed Coverage; International Key Differentiators - Website has extensive articles and research on the logistics industry - well written and describes the logistics industry. Offer Vendor Profiles, with ratings, reviews, contact information and office location Parameters Responsiveness; 7 Customer Service; 9 Risk Mitigation; 7 SOP Effectiveness; 9 Pricing Strategy; 7 Total; 39/50 Features; 11/19 URL; https: //www. transporteca. com/ Login; Email; williamp@kargo. co. id Password; Will 845646
Convoy Founded; 2015 Start-up Funding; $18. 5 m Coverage; American States Key Differentiators - Hauling medium to large scale cargo around regional and local areas across majority of the major cities in America. - With instant quotation, instant payment and a 5 star ratings system, efficiency is maximized. - Pre-screened drivers, with American Standards qualifications, in which the highest ranked and most appropriate driver and route is taken unless customer has objections. 24 hr payment method with all transactions - Rating Systems for Vendors, based on; On-time percentage Use of the Convoy app Load cancellations Features; 10/19 URL; https: //convoy. com/ Requested demo, waiting on response. Parameters Responsiveness; 8 Customer Service; 8 Risk Mitigation; 8 SOP Effectiveness; 8 Pricing Strategy; 7 Total; 39/50
Freight. Filter Founded; 2013 Start-up Funding; Undisclosed Coverage; International Key Differentiators - Access to all forms of transportation, from FCL through to small packaging - Breakdown of pricing in the quote, but did not display actual figures, just states INC. - Doesn't give a transparent understanding of pricing model. - Highly efficient Cloud system, fast quotation system, with a guaranteed price match. Doesn’t use a bidding system, just choose most appropriate. - CO 2 emission reduction through route optimization. Parameters Responsiveness; 9 Customer Service; 9 Risk Mitigation; 8 SOP Effectiveness; 9 Pricing Strategy; 6 Total; 41/50 Features; 13/19 http: //app. freightfilter. com/#/sear ch Email; williamp@kargo. co. id Password; Will 845646
Trucker Path Founded; 2013 Start-up Funding; $21. 5 m Coverage; American States Key Differentiators - Help to gain route maximization and information for truck drivers - Uses a Trucker Pay which can allow for cargo payments to be made within 24 hrs of delivery. This docks a 3. 5% fee per transaction. Bill of Lading and Transaction Rate is sent via app, allowing for no back-and forth emails. Reduces repetitive confirmation, and confusion. - Communication is in-app based, using comments and phone calls similar to Go-Jek or Grab. Parameters Responsiveness; 8 Customer Service; 9 Risk Mitigation; 8 SOP Effectiveness; 8 Pricing Strategy; 7 Total; 41/50 Features; 13/19 https: //truckerpath. com/ Download the app Truckloads
Easy. Ship Founded; 2015 Start-up Funding; Undisclosed Coverage; International Key Differentiators - Target market of cargo under 250 kg. - Automated quotation system, with ratings, transit time, and savings percentages. - Strength is in the shipping algorithm that automatically select the best shipping solution for each order, based on destination, product type, and dimensions, so that our clients save money and time. - Highly efficient and effective for smaller cargo due to highly competitive market, and can minimize cost. - Personalized email sent after a week of making account, asking 'is everything okay? You have not made a booking yet, do you have any questions? ' https: //app. goeasyship. c om/login williamp@kargo. co. id Password; Will 845646 Features; 15/19 Parameters Responsiveness; 8 Customer Service; 7 Risk Mitigation; 8 SOP Effectiveness; 8 Pricing Strategy; 8 Total; 39/50
Fleet (Shipstr) Founded; 2014 Start-up Funding; $6. 5 m Coverage; America Key Differentiators - 4 step process, using simple straight forward questions to create a quote, maximum of 5 quotes person. - Customers choose the best quote. - Use of in-app messenger on the app can allow communication between customer and vendor. Increasing efficiency and convenience. https: //www. tryfleet. com/quo te_requests williamp@kargo. co. id Password; Will 845646 Features; 14/19 Parameters Responsiveness; 6 Customer Service; 8 Risk Mitigation; 7 SOP Effectiveness; 8 Pricing Strategy; 7 Total; 36/50
u. Ship Founded; 2003 Start-up Funding; $69 m Coverage; International Key Differentiators - Target market is predominantly LTC - Partnered with a long term trucking route optimization and fuel consumption company. - Online public platform that can be used by diverse transporters. - online advertisement agency for transportable goods. - Greenhouse gas emission passes to ensure international standards are met. -Automatic bidding, but carriers have to select shipment, it does not get put forward to them carrier. - u. Ship to compare your current contract with real -time market rates. https: //www. uship. com/ williamp@kargo. co. id Will 845646 Features; 15/19 Parameters Responsiveness; 8 Customer Service; 7 Risk Mitigation; 7 SOP Effectiveness; 8 Pricing Strategy; 9 Total; 39/50
Convey Founded; 2013 Start-up Funding; $6. 5 m Coverage; America Request demo, waiting on response https: //www. getconvey. co m/ Features; 13/19 Key Differentiators - Combines retailer data, Customer data, and carrier data onto a single platform, in which is implemented into a all-in-one command center, and a data collection program which helps make future predictions. -Cloud based application that can be implemented within 2 weeks, and personal data can be accessed easily through an API (Application Programming Interface) Parameters Responsiveness; 7 Customer Service; 7 Risk Mitigation; 7 SOP Effectiveness; 6 Pricing Strategy; 6 Total; 32/50
Open. Port Founded; 2015 Start-up Funding; $600, 000+ Undisclosed amount Coverage; Emerging Markets, neutral Key Differentiators - 4 PL dashboard that incorporates multi-market sales growth with new customers and companies. -Cloud-based software which integrates provider options and neutral rates, daily performance evaluations, predicted delivery estimates, shipment volumes, alerts for late deliveries, alerts for missing cartons, delivery confirmation Features; 14/19 - Doc 2 Data software which intercepts ERP standard Parameters document output and loads directly into the TMS with Responsiveness; 6 zero impact to existing processes. Customer Service; 7 URL: https: //www. openport. com/ End-to-end management Risk Mitigation; 7 Business model is to take a fixed percentage of each SOP Effectiveness; 7 williamp@kargo. co. id transaction Pricing Strategy; 7 Total; 34/50 Password; Will 845646
Loadkaro Founded; 2015 Start-up Funding; Undisclosed Coverage; Domestic India URL; http: //www. loadkaro. com/ Login; williamp@kargo. co. id Password; Will 845646 Key Differentiators - Have over 300 vendors within India - Allow the customer and vendor to complete transaction - Only an online marketplace, not purchasing vendor - Open bidding and conversation occurs with all applicable vendors Parameters Responsiveness; 8 Customer Service; 8 Risk Mitigation; 10 SOP Effectiveness; 9 Pricing Strategy; 7 Total; 42/50 Features; 3/19
i. Containers Founded; 2007 Start-up Funding; $17 m Coverage; International Shipping Key Differentiators - Can display a personalized widget to select and track favored routes - Offers a $50 sign on fee for any person that uses your reference code (promotional ploy) - Highly effective and helpful price break down - Only a door-to-port service - Quotation time is quiet long, and doesn’t have a live chat line for questions or enquiry’s. - In depth, helpful information on the website giving an insight into processes and costs of shipping. Parameters Responsiveness; 8 Customer Service; 6 Risk Mitigation; 7 SOP Effectiveness; 9 Pricing Strategy; 7 Total; 37/50 Features; 10/19 URL; http: //www. icontainers. com/ williamp@Kargo. co. id
Shipito Founded; 2013 Start-up Funding; Undisclosed Coverage; American parcel forwarders Key Differentiators - Instant Shipping Quotes - Use monthly subscription payments - Shipping Calculator - First online market place for India - Aim at smaller size packages, williamp@kargo. co. id Password; Will 845646 https: //www. shipito. com/en/account/ incoming-packages/no-packages Parameters Responsiveness; 10 Customer Service; 6 Risk Mitigation; 5 SOP Effectiveness; 6 Pricing Strategy; 7 Total; 34/50 Features; 10/19
Caritruk Founded; 2015 Start-up Funding; Undisclosed Coverage; Domestic Indonesia Key Differentiators - Instant Shipping Estimates - Use an algorithm of all price lists to average price for shipments. This can reduce price savings for particular shipments and minimize price clarity. - Have partnerships with 100 separate logistics vendors. - Aim at increasing operational efficiency. http: //www. caritruk. com/ 6281225054652 Parameters Responsiveness; 8 Customer Service; 7 Risk Mitigation; 7 SOP Effectiveness; 8 Pricing Strategy; 6 Total; 36/50 Features; 9/19
Lontar Founded; 2015 Start-up Funding; Undisclosed Coverage; Domestic Indonesia Key Differentiators - Subsidiary of Telkom Communications - Has an accessible armada of 8, 000. - Is in partnership with an association - Only focus on large scale shipments, between 20 ft and 40 ft containers - Domestic port to door service, with use of mainly port service partners. URL; https: //lontar. co/ Parameters Responsiveness; 6 Customer Service; 7 Risk Mitigation; 7 SOP Effectiveness; 6 Pricing Strategy; 8 Total; 34/50 No login Features; 6/19
Shipwaves Founded; India Start-up Funding; Undisclosed Coverage; Based from India around Southern Asia Key Differentiators - customized Saa. S solution for supply partners to upload their rate contracts, automated quoting, and a module to manage the shipments of the customers. - Had early customers invest in the company. Creating reassurance and a highly effective testimonial for future customers URL; shipwaves. com Login; williamp@kargo. co. id Password; Will 845646 Parameters Responsiveness; 7 Customer Service; 8 Risk Mitigation; 5 SOP Effectiveness; 8 Pricing Strategy; 4 Total; 32/50 Features; 12/19
Haven Founded; 2014 Start-up Funding; $14. 8 m Coverage; Large Scale America Key Differentiators - For customers that have large scale products in the form of more than 24 containers annually or have more than 500 kg in air freight. Mainly aims at commodity traders. - with over 1200 providers, would be widely effective for large scale companies. - clear and transparent pricing method. Pricing Features; 11/19 measurements are per container billed to the Request demo, still waiting shipper. approval. - The most effective and efficent for large scale shipping http: //haveninc. com/ Parameters Responsiveness; 5 Customer Service; 5 Risk Mitigation; 5 SOP Effectiveness; 7 Pricing Strategy; 7 Total; 28/50
Xeneta Founded; 2012 Start-up Funding; $20. 5 m Coverage; Online Globally Key Differentiators -Online web database, primarily analytical programming. - Target market is companies that need to sophisticate their web-platforms to increase efficiency. - One of the largest online short and long term contract databases, at over 23 m currently. - Creation of multiple dashboards, can create private or public networks. - Xeneta source and collate rates on a port–port basis where the total container cost is built up according to the following structuring of surcharges. Request Demo, Parameters Responsiveness; 5 Customer Service; 5 Risk Mitigation; 8 SOP Effectiveness; 6 Pricing Strategy; 7 Total; 31/50 Features; 9/19
Freight. Exchange Founded; 2014 Start-up Funding; $6. 51 m Coverage; Australian Key Differentiators - Aim at covering the Australian logistics market - Instant quotation - Next working day delivery - $500 insurance cover, and insurance up to $50, 000 is available. - Shipment savings calculator. Upload a recent freight invoice in csv format. Download the template and enter your freight charges into the spreadsheet. Manually enter your costs into our cargo shipping calculator. - Partnered with Shell Mobil and carriers can save 6 c per litre on diesel. http: //freightexchange. c om. au/ Username; williamp@kargo. co. id Password; Will 845646 Features; 14/19 Parameters Responsiveness; 8 Customer Service; 7 Risk Mitigation; 8 SOP Effectiveness; 8 Pricing Strategy; 8 Total; 39/50
Kargo. co. id Founded; 2015 Start-up Funding; Undisclosed Coverage; Greater Java Key Differentiators - Quotations processed in 2 hours, price check instantly. - First of its kind within Indonesia. - Secure, fast and efficient processing payment - Both online and an Android application - Over 200+ vendors available, and over 2000+ trucks within the fleet - Chatline, bidding options, and efficient selection of vendors. - Business model based on a 7% platform fee of all transactions. Parameters Responsiveness; 8 Customer Service; 7 Risk Mitigation; 7 SOP Effectiveness; 9 Pricing Strategy; 8 Total; 39/50 Features; 13/19
Parameter Count In relation to the Parameter count, Flexport had a total of 42, equal with Freight. OS, out of a possible 50. Kargo. co. id scored a total of 39, only 3 points behind the leader. The areas that it lacked was Customer Services and Risk Mitigation. When comparing both forms of analysis, Loadkaro is found to be an outlier, as it only has 3 features, but still ranked 42 in the parameters. Loadkaro's use of the simple basic features show it can be effective without all features, depending on its environment.
Feature Count The overall view of Features counted, Real-time tracking and Online invoices featured 24 times out of the 25 companies, showing that these are necessities for functionality. Access to Trucks coming next with 23 times. On average companies had 10 features out of the 19 measured.
Top 4 Start-ups in Relation to Features Feature Count Flexport; 16 out of 19 u. Ship; 15 out of 19 Easy. Ship; 15 out of 19 Freight. OS; 14 out of 19 Kargo. co. id; 13 out of 19 These four start-ups have the most features out of all 25, showing that they are leaders in the field of online logistics platforms in relation to functional features. In relation to kargo. co. id, 13 was above average (10. 8) and had all key features, apart from International shipping.
Key Differences Weather updates to keep both the shipper and carrier informed on expected transit time or possible delays. C 02 emissions calculator to minimize pollution when transport is common in the Westernized countries. Off-site payments; this is performed by Loadkaro, in the form of only acting as an online marketplace, and not a payment medium. This can reduce risk of monetary issues, but limits cash turnover and convenience for the customer. Cloud encryption on data, to maximize carrier and customer information. An online training program, app based, in which helps drivers understand new technological processes, such as verification, tracking, and basic app features. Coupons and promotional tools to encourage usage, not just discounts. The ability for truck drivers to accept jobs from the application allows for great convenience. Short reviews in the form of a 5 star rating and short description of experience.
Suggestions An online analytical database can allow for future predictions and route optimization, which can increase the understanding of customers needs. This can maximize the long term sustainability and increase operating efficiency to carriers. The use of testimonials to convince future customers the product is trustworthy and effective can be seen as highly efficient. In the form of videos and photos can increase the appeal. A profile creation for vendors. Giving the customers the fleet size, average cost per route, reviews and ratings. Automated email messages after an email address/company/ customer has registered, to send up a follow-up courtesy message asking if they have any questions or help. A personalized calendar on website which features booking times, customer names, un/loading times, transit duration, automated notifications. Notifications can be used to remind carriers, insertion of verification images/signatures. Also, it can create an online database for invoices and payment notices. This can also be used for reminders, follow-ups and verification appointments for employees. Highly legible and presentable website can increase customer uptake, making it interactive and attractive. Use of pictures, videos, dashboard set up. To increase verification of cargo delivery, introduce driver ratings based on verification consistence, cancellation rates, and use of the application. Distribution of referral codes to customers, in which they can give to other customers to get discounts of or credits for first usage. This encourages new users to use the platform.
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