From being launched as a startup to emerging as an industry-leading packers and movers services provider, Shift Freight grabs headlines on Outlook India, an esteemed media magazine that holds worldwide readership. It’s a moment to applaud this masterstroke as it marks our unparalleled feat in the competitive logistics industry with accreditation by such prominent press & newsletters.
With an active presence across the top 10 metro cities & states of India including Delhi NCR, Hyderabad, Jaipur, Bangalore, & more, we’ve acquired a massive client base in such a short span of time. The year-long journey of Shift Freight began with a handful of packers & movers service partners that continued to increase exponentially in numbers even during the coronavirus-induced lockdown imposed in March 2020.
Key inputs from Outlook India’s report
As per the report by Outlook India, the co-founder of Avinash Raghav is foreseeing the rise of Shift Freight with an expected overall turnover of Rs 50 crore by the fiscal year 2022. With a continual hike in orders & deliveries, Shift Freight emerged as the fast-growing logistic service provider with PAN-India assurance. Here are some keynotes of the report published by Outlook India:
Shift Freight packers & movers complete more than 1,000 relocations every month. The number of orders & revenues is surging with an average rate of 75-85% with the availability of 560+ transporters on duty.
Between June 2020 to December 2020, the number of orders for packers & movers services and revenues increased from 50 to 1,000 per month and Rs 1Lakh to Rs 1 crore respectively.
Shift Freight’s average amount of sales per customer is calculated as Rs10k while the total ticket price varies between Rs 1,000 to Rs 2.5 lakh.
The experts at Shift Freight resolved a lot of operational challenges & issues while fulfilling the demand for packers and movers during the lockdown period.
Some noteworthy statements to mark new milestones
The co-founder of Shift Freight quoted as stating that the company will soon begin its operations in 65-70 more cities by March 2022. The next goal is to conduct over 4,000 to 45,000 relocations in a month. The company is planning to adjoin a fleet of 1,500-2,000 trucks to the network to achieve the target of generating projected profits of Rs 50 crore by covering 50,000 orders in March.
Our packers & movers are expecting to complete over 60% of relocations within a city and the remaining 40% from one city to another.
Shift Freight is looking forward to commencing its business operations in the US (Washington DC) in September 2020 with a registered headquarter in Delaware.
The investors of our company shall raise around USD 30 million for funding in the last quarter of the next year that was USD 1 million in 2020.
Last but not least, Shift Freight is announced as a USD 40 million company recently and is gearing up to make it USD 200-400 million by the end of March 2022.
Along with such stupendous statistics on our growth and investments, the immense popularity of Shift Freight became a token of our success in the worldwide logistic sector. We are all set to embrace more accomplishments with our progressive strategies & extra-efficient service partners who are equally passionate to reshape the future of the packers and movers industry with us.