Balmer Lawrie signs pact with GATX India, steps in to rail logistics
Balmer Lawrie forayed into the transportation of cargo by rail with the signing of the agreement with SAIL, RSP on 13th September 2024.
Balmer Lawrie signs pact with GATX India, steps in to rail logistics
State-owned Balmer Lawrie & Co. signed an agreement with M/s GATX India, the largest private railcar lessor in India, for leasing 3 nos. of rakes of BFNS 22.9t wagons for transportation of finished steel products of Steel Authority of India (SAIL), Rourkela Steel Plant (RSP) over distances exceeding 1000 km.
Balmer Lawrie entered the cargo transportation sector by rail with an agreement signed with SAIL, RSP on September 13, 2024. The company aims to meet the growing demand for rail logistics by serving customer segments for the commodities permitted under the Liberalized Special Freight Train Operator (LSFTO) Scheme of Indian Railways.
The Company was looking to lease the 3 rakes and has now awarded the contract to GATX through a public tender. This event furthers Balmer Lawrie's significant foray into rail logistics, advancing India's freight solutions.
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