Coconut Silo will participate in the Gyeonggi Contents Agency Pavilion in CES 2021, the world's largest technology exhibition, to showcase Coco Truck, its one-stop logistics solution.
Coco Truck is a logistics platform that successfully binds the logistics market into one. It connects the logistics company, cargo owners, and truck drivers to upgrade the logistics industry by increasing efficiency and trust.
The logistics market is still outdated, still using conventional communication methods like emails and phone calls to contact each other, which stuns the growth of the market. This causes truck drivers to waste their time on the road to get the orders that match their logistics means. Cargo owners also have a hard time finding the trucks and logistics companies that can fulfill their requests because of limited communication methods.
Coco Truck features a unique business model that efficiently connects the companies with third-party services and FMS (fleet management system). The app provides an automated quotation service to make the process of sending proposals easier. It also helps greatly reduce gas money with a smart consolidation system to enable the movement of multiple cargoes in a single transit process and a matchback algorithm to help drivers to get orders that are close to their garages when they are far away, thus saving time and gas money.
Coconut Silo has worked with many big companies like Hyundai Motors, Kia Motors, Mercedes-Benz, and Fujitsu. The company hopes to expand its overseas market to various Asian countries like China, Vietnam, India, and Japan, and ASEAN countries and reach out to logistics companies and cargo owners there.
About the reason for participating in CES 2021, the company staff said, "We want to expand our business area and do research on the buyers, products, and investment in other countries. We are always open to new opportunities anywhere that need logistics solution." The company is particularly interested in Asian countries because its main goal is to become a total logistics platform in the Indochina peninsula.
Gyeonggi Contents Agency has been participating in CES every year since 2019, and this year, it will support the online exhibition of 12 companies located in Gyeonggi-do to participate in CES 2021. This project has been set up to help start-ups strengthen their business execution capabilities and maximize marketing effect. The companies participating in the CES 2021 Gyeonggi Content Agency Pavilion are as follows. △GoodByeCar △dear.archidect △DI Electronics △GenieRobot △The2H △Emotionwave △Coconut Silo △Mand.ro △VRotein △Cebien △yellowknife △Strig