Latest Press Release

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 

March 20,2020

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

January 01,2020

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

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