NO SIGNS OF FREIGHT COSTS AND INFLATION EASING
Commercial Vehicle|January 2023
In an industry talk session, Vijay Vashist, Associate Vice President - BDM at Safexpress Pvt. Ltd. spoke to Ashish Bhatia on the logistics industry preparing for the road ahead despite no signs of freight costs and inflation easing for the sector.
Ashish Bhatia
NO SIGNS OF FREIGHT COSTS AND INFLATION EASING

Q. What is the significance of the 62nd SIAM Annual session and the industry gathering under one roof?

A. For us in the logistics sector, physicality matters a lot especially when industry issues are taken up so actively. The pandemic marred fiscal had their share of challenges and we rose to support the customers to the best of our ability. If you look at both the automotive and components manufacturing industry, we as logistics players are the backbone of this supply chain. We have partnered ACMA, for instance, for nearly a decade now. We have reached out to this large pool of which many are manufacturers and always supported them be it thick or thin.

Q. What is your assessment of the industry sentiment with the uptick after the pandemic-induced slump?

A. The pandemic brought along learnings with it and the industry is performing better than we initially anticipated.

Q. Having pioneered the outsourced logistics model, how has the logistics sector evolved in your opinion?

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