Associated Container Terminals Ltd. (JOSHI GROUP), has inked a partnership with the Japanese Logistics Company, Konoike Transport to form a Joint Venture called JKTI (Joshi Konoike Transport and Infrastructure Pvt. Ltd.). The new JV firm has obtained license for running private container trains in India, and shall operate under the brand name Trac1 Logistics.
Commenting on the deal, RR Joshi, Chairman of ACTL said, “We believe this is a win-win relationship as both partners are committed to having a customer-centric approach in our business. We at ACTL, believe in building long term relationships with customers and all our stakeholders. With this association, we aim to further emphasize on the core ethics of this business which include punctuality, safety and innovation and these together will be the hallmark of our operational excellence.”
Tsuji, Chairman of Konoike Group said, “We are extremely happy to partner with ACTL here in India. We will be delivering quality services in Logistics. Both companies are professionally run companies with a focus on serving our customers to their utmost satisfaction and have a strong commitment to develop sustainable practices. This unique partnership will replicate in logistics, the stupendous Japanese success hitherto on the manufacturing side in India.”