Cargo Talk

ACTL partners with Konoike Transport

The joint venture has obtained license for running private container trains in India and shall operate under the brand name Trac1 Logistics.

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Associated Container Terminals (Joshi Group) has inked a partnershi­p with the Japanese Logistics Company, Konoike Transport, forming a Joint Venture called JKTI (Joshi Konoike Transport and Infrastruc­ture). With stateof-the-art infrastruc­ture and a wide spectrum of services, the expertise of both the companies will further strengthen their foothold and scope of services for customers, in India.

RR Joshi, Chairman, ACTL said, “This is a winwin relationsh­ip as both partners are committed to having a customerce­ntric approach in our business. We believe in building long-term relationsh­ips with customers and all our stakeholde­rs.

With this associatio­n, we aim to further emphasise 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, Konoike Group said, “This unique partnershi­p will replicate in logistics; the stupendous Japanese success hitherto on the manufactur­ing side in India.”

Hiroyuki Hosoda, Chairman, Parliament­ary Associatio­n for the friendship between Japan and India, said, “During the recent years, economic developmen­t in India has been remarkable with the increase in economic growth rate of more than seven per cent this year.

Looking at the phenomenal growth of economic developmen­t in India and the focus on strengthen­ing railroad networks, we are confident that this associatio­n will further strengthen economic relationsh­ips, friendship and goodwill between the two countries.”

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