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AVG Logistics secures long term contract worth Rs 105 crore

27 Feb 2024 Evaluate

AVG Logistics has secured a 6 year long term contract, valued at Rs 105 crore, for lease of Parcel Cargo Express Train (PCET) from the Indian Railways. This special train, connects Korukkupet Goods Shed (Chennai) to New Guwahati Goods Shed (Guwahati), will complete 4 trips every month over the next 6 years, totalling 313 trips during the contract tenure. The Carrying Capacity during the trip is expected to be 364 tonnes for the first six months. Later, it will be 484 tonnes per trip. The Express Train Service will cover the distance of 2500 kilometres in 72 hours ensuring expeditious, seamless connectivity between the two locations.

AVG Logistics offers their customers services in three key areas like transportation whereby they provide point-to-point, less-than truck-load, time-definite transportation services; warehousing whereby they provide warehousing, distribution and cold-chain warehousing; and value-added Services including, temperature-controlled logistics, supply chain solutions and cargo handling services at integrated check posts.

AVG Logistics Share Price

165.40 2.55 (1.57%)
17-Apr-2026 16:59 View Price Chart
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