APL Logistics has formed a joint venture with VASCOR to serve the automotive logistics market in India, Seatrade Asia online reports. The Delhi-based venture APL Logistics VASCOR Automotive plans to draw on the international experience of APL and the local knowledge of VASCOR.
“This collaboration between APL Logistics and VASCOR marks the first international 3PL to be dedicated exclusively to India’s auto sector, and underscores India’s growing importance as a major global automotive manufacturer,” said Bill Villalon, APL Logistics vice president for automotive and chairman of the joint venture.
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