Transport Corporation of India Ltd - TRANSPORT CORP. Share Price

Summary

Transport Corporation of India(TCI) was set up in 1958 with one objective,to professionalise the cargo transportation industry in India. Today the Rs.850 crore,TCI group is Indias largest integrated logistics serivce provider,serving 3000 destinations.TCI has the countrys widest branch network of over 1000 company-owned offices and a team of over 4000 trained employees.TCI was the first to launch several solutions in the logistics field.It is the largest surface transport company of Asia. TCI became the first road transport organization in the Country to achieve ISO 9002 for service quality for its operations. It handles over 4 million tons of cargo annually.It operates a mammoth fleet of over 3000 trucks moving 15000 consignments daily.By inducting Volvo Vehicles for its Transport Division it is aiming to give the customer the added advantage of carrying large quantities and volumetric cargo safely and quickly,bringing about economies in operations.The Logistics Division have acquired many contracts in 2001.The offices are equipped with modern sophiticated communication equipment to facilitate thorough tracing of cargo.The company had invested around Rs.40 million on computer hardware & software during 2001. It has also invested in VSAT and leased line network to ensure real time data and information flow.TCIs joint venture with Mitsui & Co of Japan was established as Transystem Logistics International Pvt Ltd in 1999 to provide complete automobile logistics services to... Read More