Published On:October 26 2023
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"Shreeji Expands into Railway Rake Handling, Stocks Surge"
In a notable development, Shreeji Translogistics Limited witnessed a 2.04% increase in its shares following the company's announcement of a strategic expansion into railway rake handling and transportation services. This move is aimed at elevating efficiency in the handling of steel materials at railway sidings and optimizing loading procedures onto trailers and trucks.
The newly initiated venture holds the promise of delivering cost efficiencies by seamlessly integrating Rail and Road Networks, creating an all-encompassing Multi Modal Transportation system.
Shreeji Translogistics Limited's Railway Rake Handling services entail specialized steel material handling at railway sidings, representing a significant enhancement of the company's capabilities and outreach. This addition to their service portfolio is designed to provide efficient and streamlined solutions for the transportation of steel materials, catering to the evolving needs of the industry and cementing STL's position as a prominent player in the sector.
HBL