New Delhi, May 12 -- The logistics and trucking industry is an assortment of a few segments of transportation systems. Based on the distances covered, there are long and medium distance trucking and shorter intra-state or intra-city segments. In terms of ownership, more than 75% of truck owners were unorganized small players, and the rest are more stable bigger players. Then there are groups such as mining, cold chains, and e-commerce segments. GST allowed more freedom for organizations, and the sector was transforming the form of technology adoption by customers. This enabled the emergence of technology-enabled aggregators.

The long and medium distance horizontal has been under continuous turmoil since Q4 calendar 2019 owing to the Auto...