siliconindia | | DECEMBER 20224Enterprises Extensive Bid on Last Mile Delivery Having played a crucial role in the development of trade and commerce, and confronted with turbulent effects of COVID-19 in the past few years, the Indian Shipping industry is up against an extraordinarv pressure to improve the customer service, material handling, and inventory management while also increasing cost savings to better serve the waterway transport. And, NVOCC is also a great contributor to the industry.A Non-Vessel Operating Common Carrier (NVOCC) is an ocean carrier that assists transport of goods under its own House Bill of Lading, or equivalent documentation, without operating ocean transportation vessels. Rather, an NVOCC leases space from another ocean carrier as they do not usually own their own warehouses. An NVOCC can be described as a shipper to carriers and a carrier to shippers. However, in certain circumstances, a NVOCC may also operate as a freight forwarder.The focus for cost-cutting measures is due to the continuous volatility in crude oil prices and many clients are demanding for reduction in their transport prices, to meet the increasing waterway transport demands. Fortunately, some supply chain solutions can help the enterprises from facing these challenges and meet these demands. Having the right NVOCC solution providers on board supporting the waterway transport is the key to minimizing shipping costs without sacrificing the quality of care. The waterway transport is pivotal and unique, and also complex. In depth know-how in ocean logistics management is essential for staying ahead of critical regulatory changes, that make it challenging to achieve compliance. Such changes are raining heavily, and given the environment sustainability and friendliness, many ocean carriers & shipping companies have reported a huge increase in regulatory inspections of waterway transport and management.As NVOCC Solution Providers significantly serve the waterway transport, and technology is significantly providing for its smart management, the industry is expected to evolve positively in the future.In this edition of siliconindia, we are bringing the spot light on the top 10 Most Promising NVOCC Solution Providers. They deserved it, so we gave them the platform.Flip through and let us know what you think.Editorial Team Editorial PublisherAssociate EditorAssistant EditorAlok ChaturvediIndranil ChakrabortyHeena KousarVol 10 · Issue 08 - 02 · DECEMBER, 2022Editorial TeamHima P. M.Avinash BarikHoney KumariManager - DesignPrabhu Dutta A.R.N RayArt ManagerSuanya Chakraborty Designers Tushar Das & Mrigank SharmaGM- Sales & MarketingRohit KumarAdvertising ManagersAshwini D NaikShilpa Selvaadvertise@siliconindia.comEditorial Querieseditor@siliconindia.comCirculation Manager Magendran PerumalTo subscribeVisit: https://www.siliconindia.com/subscribe/or send email to subscription@siliconindia.comMagazine Price is Rs. 150 per issuePrinted and Published By Alok Chaturvedi on behalf of Silicon Media Technologies Pvt Ltd and Printed at Precision Fototype Services at Sri Sabari Shopping Complex, 24 Residency Road Bangalore-560025 and Published At No. 124, 2nd Floor, Surya Chambers, Old Airport Road, Murugeshpalya, Bangalore-560017.Editor Alok ChaturvediCopyright © 2022 Silicon Media Technologies Pvt Ltd, All rights reserved. Reproduction in whole or part of any text, photography or illustrations without written permission from the publisher is prohibited. The publisher assumes no responsibility for unsolicited manuscripts, photographs or illustrations. Views and opinions expressed in this publication are not necessarily those of the magazine and accordingly, no liability is assumed by the publisher.siliconindia
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