Container Corporation Of India Ltd.

BSE: 531344 | NSE: CONCOR
Mid Cap | Logistics
519.75
0.20 (0.04%)
< Home < Back

CONCOR signs MoU with Central Warehousing Corporation

Date: 18-03-2024

Container Corporation of India (CONCOR) has signed strategic collaboration through a Memorandum of Understanding (MoU) with Central Warehousing Corporation (CWC) aimed to drive innovation and efficiency in the logistics.

The MoU signifies a strategic alliance between CONCOR, a leader in multi-modal logistics, and CWC, renowned for its warehousing expertise. This partnership will leverage their respective strengths to optimize supply chain management, enhance customer service, and foster growth in the industry. The collaboration will encompass sharing infrastructure, technology, expertise, and resources to achieve common objectives to offer seamless and cost-effective, end-to-end logistics service including ‘First Mile Last Mile’ solution by offering to its stakeholders the best logistics solutions with an overall purpose to reduce the logistics cost of the nation.

CONCOR's core business is characterised by three distinct activities, that of a carrier, a terminal operator, and a warehouse operator.