The permission allows the company to undertake bonded trucking services for the transhipment of import and export cargo from Navi Mumbai International Airport to all other gateways within India. This development strengthens Shreeji's presence in the customs bonded trucking segment, a business in which the company has been operating since 2002 and which forms an important part of its differentiated logistics offerings.
Management commented that the commencement of operations at Navi Mumbai International Airport Limited is expected to create significant opportunities for STL in the bonded trucking segment. The management expressed appreciation for the continued trust and support extended by employees, management, customers, business associates, and other stakeholders.
Company Background
Shreeji Translogistics Limited was incorporated in 1984 and is headquartered in Vashi, Navi Mumbai. The company is engaged in freight management, logistic solutions, and warehousing services. Its services include full truck load transport services (FTL), parcel and part truck load services/less than truck load (LTL), import-export services, bonded trucking services, ODC services, and Rake handling & transportation services. The company operates different types of trucks including container trucks for transportation of parcels, white goods, and consumer packaged goods (FMCG), and platform trucks for import-export containers and transportation of heavy-duty goods like automotive parts and machinery.
Disclaimer Note
The document includes a standard disclaimer noting that certain statements may be forward-looking statements subject to risks and uncertainties including government actions, local political or economic developments, technological risks, and other factors that could cause actual results to differ materially from those contemplated.