TCI teams up with Concor of India
Transport Corp of India (TCI) has signed an MoU with train operator, Container Corp of India (CONCOR), to provide comprehensive railroad-based door-to-door logistics and warehousing services.
The two companies will establish a long-term Joint Working Group (JWG) to devise strategies for serving customers through suitable hub and spoke arrangements, beginning with certain identified routes.
The collaboration will capitalise on container services provided by CONCOR’s rail transport and terminal handling network of 58 facilities throughout the country, and TCI’s road transport, shipping and warehousing network.
Both TCI and CONCOR have comprehensive networks of warehouses and distribution centres. TCI Group manages a fleet of almost 6,000 trucks, owns four cargo ships, and has strategic co-operations covering both domestic and international airfreight.
According to TCI executive director Vineet Agarwal, the partnership with CONCOR is part of a long-term strategy to provide all-encompassing, integrated supply chain and logistics solutions to a diverse range of customers, not only in the domestic market, but on a global level.
“The Indian logistics sector is on an upswing and has immense potential that is yet to be tapped,” said Anil Gupta, CONCOR’s domestic business director. “This strategic tie-up will open greater avenues for customers with varied requirements by offering them multi-modal transport solutions.”
The two companies will establish a long-term Joint Working Group (JWG) to devise strategies for serving customers through suitable hub and spoke arrangements, beginning with certain identified routes.
The collaboration will capitalise on container services provided by CONCOR’s rail transport and terminal handling network of 58 facilities throughout the country, and TCI’s road transport, shipping and warehousing network.
Both TCI and CONCOR have comprehensive networks of warehouses and distribution centres. TCI Group manages a fleet of almost 6,000 trucks, owns four cargo ships, and has strategic co-operations covering both domestic and international airfreight.
According to TCI executive director Vineet Agarwal, the partnership with CONCOR is part of a long-term strategy to provide all-encompassing, integrated supply chain and logistics solutions to a diverse range of customers, not only in the domestic market, but on a global level.
“The Indian logistics sector is on an upswing and has immense potential that is yet to be tapped,” said Anil Gupta, CONCOR’s domestic business director. “This strategic tie-up will open greater avenues for customers with varied requirements by offering them multi-modal transport solutions.”