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Economic Times
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Delhivery unveils short-haul cargo service rivalling Uber, Porter
- Delhivery introduced a short-haul parcel transport service to compete with Uber and Porter in the market.
- The service is targeted for near-distance parcel delivery within city limits, inspired by quick-commerce delivery services.
- Currently, Uber, Rapido, and Porter are some of the firms involved in parcel transportation within cities.
- Delhivery's service is initially available in the national capital region and Bengaluru but plans to expand to other metro cities.
- Third-party logistics companies like Delhivery are diversifying due to tough competition from e-commerce giants' in-house logistics arms.
- The competition in the near-distance parcel delivery market has increased due to the success of quick-commerce services.
- Delhivery aims to rapidly expand its short-haul parcel transport service to other major metro cities.
- Uber, Rapido, and Porter are notable firms involved in ferrying parcels between city areas.
- Delhivery's move to offer short-haul cargo service comes as part of its diversification strategy.
- Delhivery's service is currently operational in Delhi and Bengaluru.
- The rise in popularity of quick-commerce delivery has influenced the growth of near-distance parcel delivery services.
- E-commerce giants like Amazon and Flipkart have in-house logistics arms that intensify competition for third-party logistics firms.
- Near-distance parcel delivery has become a lucrative segment with various players vying for market share.
- Delhivery's MD and CEO, Sahil Barua, expressed intentions to expand the service to key metro cities.
- Delhivery's short-haul cargo service is a strategic response to the evolving logistics landscape.
- Delhivery's move reflects the trend of logistics firms exploring new avenues amid competitive challenges in the industry.
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