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FreightBazaar platform to reduce pollution

PRESS RELEASE

June 10, 2015: FreightBazaar and Clean Air Asia have signed a Memorandum of Understanding (MoU) aimed at reducing empty miles and air pollution from trucking operations.

FreightBazaar and Clean Air Asia share a common goal to increase transparency in supply-chains and reduce carbon emissions resulting from logistics operations. Both of them recognize the potential for synergies in their shared goal of reducing empty miles from the freight truck and improving air quality.

Thousands of trucks run empty every day looking for loads for their return trips. This is a costly, inefficient, as well as a huge source of air pollution. FreightBazaar and Clean Air Asia will jointly help truckers in finding return loads by providing a real time platform to exchange information of available goods and trucks.

FreightBazaar will also promote various green initiatives taken by Clean Air Asia. "Trucks, which represents around 5% of national vehicle populations are responsible for almost 60% of transport emissions," says Parthaa Bosu, Director for Clean Air Asia India. "The freight industry has to innovate to remain competitive and develop solutions to improve efficiency for a more sustainable future."

FreightBazaar is an online platform to connect Truck Users and Truck Suppliers with an objective to improve efficiency in the Road Transportation Industry by bringing in reliability and transparency in the process. With more than 3,000 registered users, FreightBazaar is one of the largest online platforms in India.

"Every liter of fuel saved not only reduces harmful emissions but also brings cost savings for truck owners and truck users. FreightBazaar removes such bottlenecks through convenient, reliable and transparent online platform for the trucking industry" says Bhaven Shah, Co-Founder & COO, FreightBazaar.com. "We are very happy that FreightBazaar is seen as a part of the sustainability solution to improve efficiency and reduce carbon footprint."

Clean Air Asia is the premier air quality network for Asia by the Asian Development Bank, World Bank, and USAID. It is a UN recognized partnership of almost 250 organizations in Asia and worldwide and 8 Country Networks (China, India, Indonesia, Nepal, Pakistan, Philippines, Sri Lanka, and Vietnam), and is supervised by a Partnership Council. As a trusted change maker, Clean Air Asia uses knowledge and partnerships to enable Asia's 1000 cities and national governments understand problems, identify solutions and implement these effectively.

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