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VRL Logistics to invest Rs 400 crore for fleet expansion

25 Jan 2018 Evaluate

VRL Logistics is set to induct new trucks at a cost of around Rs 400 crore. The company will purchase truck chassis from Ashok Leyland for the additional fleet. Moreover, the company has proposed to increase the fleet size by adding 1200 customised trucks. Fleet addition is expected to commence by April 2019 and would conclude by December 2019.

The company as on December 31, 2017 had 3,989 trucks under the Goods Transportation business segment.

VRL Logistics is one of the leading providers of transportation and logistics service for goods and passenger transportation services in India.  It has spread its operations to courier service, express cargo and aviation to meet the growing demand of the burgeoning customer base.

VRL Logistics Share Price

249.35 -3.50 (-1.38%)
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