Gateway Distriparks Launches New Service to Kandla Port to Expand Logistics Network

Sandip Raj Gupta

    02/Dec/2024

What's Covered in the Article

  1. Gateway Distriparks expands its services with a new train service to Kandla Port.
  2. The new service connects key Inland Container Depots (ICDs) to Kandla Port.
  3. Expansion strengthens Gateway’s logistics network without additional capital expenditure.

On December 2, 2024, Gateway Distriparks Limited (GDL), a prominent multimodal logistics company in India, announced the launch of a new container train service to Kandla Port. This new service connects five Inland Container Depots (ICDs) located in Gurgaon, Faridabad, Ahmedabad, Ludhiana, and Kashipur to the Kandla Port. With this addition, Kandla becomes the fourth port in the Western region serviced by Gateway Distriparks, joining Mundra, Pipavav, and Nhava Sheva ports in the company’s extensive logistics network.

Strategic Expansion to Boost Logistics Services

The expansion to Kandla Port enhances Gateway Distriparks’ ability to service a wider range of customers across key industrial regions in India. By adding Kandla Port, GDL strengthens its multimodal logistics network, offering more options for transportation and container handling. Prem Kishan Dass Gupta, the Chairman & Managing Director of Gateway Distriparks, expressed that while initial volumes are expected to be modest, the company anticipates significant future growth. He noted that this expansion would be achieved without any additional capital expenditure or new rake deployments.

This strategic approach allows Gateway Distriparks to effectively leverage its existing fleet and continue expanding its services without incurring extra costs, ultimately benefiting both customers and shareholders.

Efficient Double-Stack Operations for Better Transit Times

The new service will feature double-stack operations from key locations like Viramgam, Garhi, and Faridabad. Additionally, containers originating from Ludhiana and Kashipur will also be double-stacked via the company’s hub-and-spoke operations, optimizing both efficiency and transit times. This method is designed to increase operational efficiency while ensuring faster, reliable delivery times for customers.

About Gateway Distriparks

Gateway Distriparks operates a network of 10 container terminals across India, facilitating the seamless movement of goods between inland locations and maritime ports. The company operates a fleet of 34 trainsets and 560+ trailers, providing comprehensive transportation solutions for the EXIM (export-import) industry. In addition to warehousing, rail & road transportation, and container handling, the company offers value-added services through its associate company Snowman Logistics Limited, which specializes in cold chain logistics and 5PL distribution services across India.

Gateway Distriparks’ Growth and Future Prospects

With the launch of the new service to Kandla Port, Gateway Distriparks continues to solidify its position as a leader in multimodal logistics, ensuring it can meet growing demand for efficient, cost-effective logistics solutions across India. This expansion, along with the company's efficient hub-and-spoke model, is set to support increased volume growth and reinforce its commitment to delivering exceptional logistics services.

The company’s ongoing expansion plans, which include further growth in its logistics network, are poised to enhance the EXIM industry’s efficiency and drive the nation’s economic development.

The Upcoming IPOs in this week and coming weeks are Nisus FinanceEmerald Tyre Manufacturers, Rosmerta Digital and Avanse Financial.The Current active IPO is Ganesh Infraworld, Suraksha DiagnosticAgarwal Toughened.For more details on upcoming IPOs, you can visit our page at Best IPO to Apply Now - IPO List 2024, Latest IPO, Upcoming IPO, Recent IPO News, Live IPO GMP Today - Finance Saathi and stay updated with the latest news on IPO updates on Top News Headlines - Share Market News, Latest IPO News, Business News, Economy News - Finance Saathi.Join our Trading with CA Abhay Telegram Channel for regular Stock Market Trading and Investment Calls by CA Abhay Varn - SEBI Registered Research Analyst & Finance Saathi Telegram Channel for Regular Share Market, News & IPO Updates.Start your Stock Market Journey and Apply in IPO by opening a Free Demat Account in Choice Broking FinX.

Related News
onlyfans leakedonlyfan leaksonlyfans leaked videos