Western Carriers Ltd saw its shares climb 5% in morning trade on Friday after the company announced a major logistics contract win from Jindal Stainless Limited (JSL). The work order is valued at approximately ₹230 crore and spans a three-year period.
Under the agreement, Western Carriers will provide a fully integrated EXIM (export-import) logistics solution. This includes the rail transport of containers from key Indian ports to JSL’s plant siding, customs clearance at Jindal’s Jajpur facility, and the return movement of both empty and loaded export containers. Additionally, the company will handle last-mile delivery to container freight stations (CFS) or shipping line yards, along with other related logistics services.
This order marks a significant boost for Western Carriers, reinforcing its position as a key logistics partner for India’s major industrial players. The company’s ability to offer end-to-end multimodal solutions appears to be paying off, particularly at a time when efficient and integrated logistics are critical to managing supply chains.
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