Company Performance Metrics
Cargobility is an aggregator of Trucks and offers a tech platform connecting Industries to owner of Trucks for their intra/inter-city pickup and delivery needs. A customer looking to hire a carriage vehicle should book either through an app or the company’s call centre. Based on the requirement, the nearest available vehicle is sent to the
customer
In Pakistan most providers have a small fleet average of below two vehicles per owner. This means that most trucks are not owned by a formal company. Carriage vehicle drivers suffer from inefficient utilization, sometimes not getting a booking for a load to carry for a day or more. At the same time, consumers have ever-increasing needs to move goods quickly and effortlessly. This is a mismatch in the market where Cargobility wants to come in. Through the use of mobile technology for demand and supply aggregation, Cargobility is able to build a transparent marketplace, thus increasing vehicle utilization while providing a standardized service.
This allows them to offer a cost-effective service, around 20-30% lower than the market price to their customers which include industries, furniture and electronics stores and e-commerce players.