Gateway Distriparks Launches Double Stack Rail Services

By By Rediff Money Desk, Mumbai
Nov 04, 2024 14:03
Gateway Distriparks Ltd. introduces double stack rail services at its Faridabad hub, boosting capacity, reducing transit time and logistics costs. This service connects major seaports via the Western Dedicated Freight Corridor, benefiting exporters and importers across Delhi-NCR and nearby regions.
Mumbai, Nov 4 (PTI) Multimodal logistics operator Gateway Distriparks Ltd(GDL) on Monday said it has launched double stack rail services at its inland container depot in Faridabad, which will help reduce transit time and logistics cost.

The new service will enhance the carrying capacity, improve productivity of the company's 34 trainsets, and facilitate container movement from its other ICD locations, GDL said.

The company said it now operates double stack services at three hubs, including its ICDs in Gurugram and Viramgam, all connected through the Western Dedicated Freight Corridor (WDFC).

The rollout of these services provides a significant competitive advantage with direct connectivity to major seaports such as Mundra, Pipavav, and Nhava Sheva via the WDFC, the company said.

With up to 30 per cent more capacity per trip, these services help optimise freight costs, streamline operations, and reduce delivery times, GDL said.

"We are confident that this strategic move will significantly benefit our customers by reducing transit times and logistics costs, ultimately contributing to the growth of the region's trade," said Prem Kishan Dass Gupta, Chairman and Managing Director at GDL.

The development provides substantial benefits to exporters and importers across Delhi-NCR, Haryana, Uttar Pradesh, and nearby regions, the company said and added that by boosting supply chain reliability and reducing the carbon footprint associated with transportation, the new service will contribute to sustainable economic growth in the area.

GDL has a network of 10 container terminals located across the country, operating a fleet of 34 trainsets along with over 560 trailers for transportation between its facilities and maritime ports, as well as first and last mile connectivity to provide end-to-end solutions to the EXIM industry.

The company offers general and bonded warehousing, rail and road transportation, container handling services and other value-added services.
Source: PTI
Read More On:
freightlogisticssupply chainwestern dedicated freight corridorwdfcmundragateway distriparksfaridabadinland container depotdouble stack rail servicespipavavnhava sheva
DISCLAIMER - This article is from a syndicated feed. The original source is responsible for accuracy, views & content ownership. Views expressed may not reflect those of rediff.com India Limited.

You May Like To Read

MORE NEWS

Quadria Capital Exits Akums Pharma for Rs 311 Cr

Quadria Capital exits Akums Drugs Pharma, selling its 4.6% stake for Rs 311 crore via...

DBS Bank India & Indorama: Sustainability Deal

DBS Bank India extends Rs 670 crore sustainability-linked trade facility to Indorama...

Premji Invest Buys NHIT Stake for Rs 754 Cr

Premji Invest acquires 2.61% stake in National Highways Infra Trust (NHIT) for Rs 754...

India-New Zealand FTA Concluded in 9 Months: Goyal

India and New Zealand conclude free trade agreement in a record 9 months. Piyush Goyal...

Sheep & Goats: ATM for the Poor - Research Push

Centre calls for research-driven interventions to unlock the potential of sheep and...

Indian Students Abroad: Top Destinations & Trends

NITI Aayog report reveals top countries for Indian students seeking higher education,...

Digital Intelligence Platform Fights Online Fraud

1000+ banks & payment firms join DoT's Digital Intelligence Platform to combat online...

Ambuja Cements to Merge ACC & Orient Cement

Ambuja Cements approves merger of ACC Ltd & Orient Cement. Aims to boost profitability,...

Rabi Crop Sowing Up, Wheat Area Widens

Rabi crop sowing rises to 58.07 mn hectares, with wheat area expanding to 30.16 mn...

NZ Gets Apple Duty Concessions in India FTA

New Zealand secures apple duty concessions in India FTA, a first. Agreement includes...

Read More »

Sectoral Indices Market Indicators Listed Companies Gainers Losers Mutual Funds Portfolio Watchlist
© 2025 Rediff.com