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Gateway Distriparks Limited - Strong recovery in throughput and realization, Q1 YoY Profit after tax up 280%

Gateway Distriparks Limited - Strong recovery in throughput and realization, Q1 YoY Profit after tax up 280%
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Maersk launches 'Automotive Express' – a dedicated rail service between Gurugram and APM Terminals Pipavav Port


Maersk launches ‘Automotive Express’ – a dedicated rail service between Gurugram and APM Terminals Pipavav Port
The automotive manufacturing sector works on ‘Just-In-Time’ model for the supply chains of its parts and components. Automotive manufacturers require highly reliable logistics services that can move their raw material and finished products on precise schedules to ensure uninterrupted production processes.
For years several of these manufacturers based in and around Gurugram, northern part of India, have been dependent on staggered and unscheduled rail movement for their cargo going in and out of the country. Delayed imports hamper production schedules while delayed exports pile up inventories for the manufacturers. ....

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Gateway Rail Freight, Maersk jointly flag automotive express service


Gateway Rail Freight and Maersk have jointly flagged their first automotive express service from Gurugram to APM Terminals Pipavav (Gujarat Pipavav Port). The train started from GatewayRail’s flagship terminal its Inland Container Depot (ICD) at Gurugram on Tuesday. This terminal is connected to the Western Dedicated Freight Corridor.
“This will be an exclusive Maersk service to cater to the automotive sector in the National Capital Region (NCR) by providing assured connection to the westbound MECL Service of Maersk from APM Terminals at Pipavav Port,” a statement from GatewayRail said.
The westbound MECL Service of Maersk is a shipping line originating from Jebel Ali in the United Arab Emirates to Houston in the United States of America. It has stoppages in Pakistan, India, Oman, and Spain, among others, on the way. ....

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