TRUCKING INDUSTRY NEWS * India - VRL Logistics draws up Rs 1100-cr expansion
New Delhi,India -The Economics Times, by Gunjan Pradhan Sinha -19 Jun, 2008: -- Indian logistics major VRL Logistics is on course for a major expansion of its facilities in India with an estimated investment of Rs 1,100 crore over the next two years... Presently, VRL has a fleet of 2,446 vehicles for transporting goods. It transports industrial freight such as textiles, agricultural products, and pharmaceutical products. The company is also planning to start transportation of iron ore from Karnataka for which it needs 300 trucks with higher tonnage capacity (more than 15 tonne)... The investment for fleet expansion is high on account of the number of trucks being added and also due to specialised designing of cargo trucks undertaken by the company at Varur...
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