AVG Logistics Ltd develops a new 45-ft temperature-controlled reefer van to optimize cost & move towards sustainable transportation

AVG Logistics Ltd. ("AVG"), a leading logistics company in India, announced the development of a 45-ft temperature-controlled vehicle with a payload of 22 tonnes that will benefit AVG's customers in optimising cost and moving towards sustainable transportation. This vehicle is equipped with state-of-the-art insulation, safety parameters and predictive alerts.

This vehicle is an addition to AVG's existing fleet of 240+ high-quality premium reefer vehicles. This is a testimony of AVG's commitment to provide top-notch cold chain solutions for a wide range of applications, from first mile to last mile delivery.

Commenting on this development, Mr. Sanjay Gupta, Managing Director and CEO, AVG Logistics Limited said, "Innovation and renovation are at the core of AVG and as a responsible carrier we are fully committed towards transforming the nations supply chain. Our country's supply chain is getting Bigger, Bolder, Smarter, Safer and more Efficient and to incorporate these elements, we have developed this niche product.

This vehicle is designed specifically for one of our major clients and we would like to express our gratitude towards customers in guiding us for paving the way towards Sustainable Operations."

Shares of AVG Logistics Limited was last trading in BSE at Rs. 266.30 as compared to the previous close of Rs. 260.70. The total number of shares traded during the day was 9162 in over 199 trades.

The stock hit an intraday high of Rs. 278.80 and intraday low of 262.70. The net turnover during the day was Rs. 2465795.00.

Source : Equity Bulls

Keywords

AVGLogistics INE680Z01018 45Feet TemperatureControlled ReeferVan