Ritco Logistics has reported securing several new transportation contracts across various sectors in February 2026, continuing its strong start to the calendar year. The company has won significant contracts in the steel and metals segment, including a major multi-location haul contract with Jindal Stainless, a short-term engagement with Tata Metaliks for Eastern India, and a one-year contract with Jindal Steel & Power for Odisha-based movements.
In addition to its achievements in the steel and metals sector, Ritco Logistics has also secured contracts in the FMCG, industrial, and building materials sectors. Notable contracts include a 14-month agreement with Kansai Nerolac Paints for multi-destination dispatches across India, and a one-year pan-India movement contract with Frigo Glass India. The company’s February order book reflects a healthy mix of long-term and short-term contracts, ensuring revenue visibility and enhanced fleet utilisation.
Ritco Logistics’ TrucksUp platform has also shown significant growth, with FASTag transactions increasing by approximately 52% month-on-month in February. This growth reflects improved platform traction and transaction volumes, enhancing toll efficiency and fleet productivity. The platform has integrated with IDFC and LivQuik to streamline digital toll payments, further improving financial control for fleet owners.
Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).
This article is written by Business Desk and reviewed by Markets Desk before publication.