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Purnendu Shekhar founder and CEO of CogoportMUMBAI: May 13, 2019. Digital freight logistics operator Cogoport has now added services for Asian routes into India – beginning with ports from China and to be followed by others across the Asia region.

Purnendu Shekhar, founder and CEO of Cogoport (pictured) said: “Our customers tell us that Cogoport is already saving them between 10-15 percent on their logistics costs and around 40-man hours per booking for export shipments. With the launch of this imports product, a natural second phase progression for our digital platform, we are meeting demand from importers who can now harness our technology for an efficient, cost-effective and transparent freight shipping process.”

Cogoport says it is responding to “huge demand” for inbound shipment services, notably from China into India. The Cogoport digital logistics marketplace was launched in 2017 and has been growing at 25 percent per month using technology, algorithms and analytics to enable its users to move freight faster and more efficiently – with a choice of providers on port pairs, dedicated back-end booking confirmation and seamless shipment tracking.

In less than two years, the company says it has attracted more than 25,000 registered exporters and importers, largely but not exclusively small and medium-size enterprises (SMEs), with pricing from over 40 major international shipping line partners. It also works with more than 40 non-vessel operating common carriers (NVOCCs) and 300 freight forwarders.

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