APM Terminals launches integrated cold chain facility in South India
The Dollar Business Bureau International container terminal operating company, APM Terminals launches South India’s first cold storage facility integrated with a container freight station, for reliable transport of temperature controlled cargo such food products and medicines. “APM Terminals inaugurated its first state-of-the-art cold storage warehouse in India, which will ensure reliable and stable transport of cargo, including goods such as fish, fruits, medicines, and specialty chemicals, which require strict temperature control throughout the supply chain,” the company said in a statement. Located in Ponneri city, near Chennai, the facilities were inaugurated by M Ajit Kumar, Chief Commissioner of Customs, Chennai Zone, in the presence of Dries van Dongen, Global Head - Inland Services, APM Terminals. Commenting on the development, Dongen said, “We are committed to ...
Allcargo to invest Rs.170 cr to expand domestic business
The Dollar Business Bureau Allcargo Logistics, a leading integrated logistics solutions company, will invest around Rs.170 crore in the current financial year for purchasing land to set up a logistics park on New Delhi’s outskirts and a container freight station (CFS) in Kolkata, according to a company’s top official.After announcing a target to nearly increase its revenue three-fold to $2 billion by 2020, Allcargo Logistics, which mainly serves the export-import trade till now, is looking to set its foot in the domestic market with businesses such as express delivery, Shashikiran Shetty, Chairman of the company told to PTI.He also gave a hint that the company will follow acquisitions strategy for domestic play. “We will be investing Rs.170 crore this fiscal year, which ...
