Kaushalya Logistics Limited (NSE: KLL) has announced a new strategic agreement with Maersk Line, the world’s second-largest container shipping company. Under this partnership, Kaushalya Logistics will manage Maersk’s surface transportation requirements across India, further solidifying its standing as a premier logistics provider.
This collaboration allows Kaushalya Logistics to leverage Maersk’s extensive network, enhancing transportation logistics for sectors like cement, electronics, and beverages. KLL’s clients, including Bharat Electronics Limited, VMS Equipment Pvt Ltd, and Epicu Beverages Pvt Ltd, are expected to benefit from the expanded infrastructure and improved logistics solutions.
Mr. Uddhav Poddar, Managing Director of Kaushalya Logistics, remarked, “Partnering with Maersk not only enhances our industry credibility but strengthens our Full Truck Load segment capabilities. This agreement allows us to optimize our operations and meet evolving client needs.”
Originally established in the construction industry, Kaushalya Logistics transitioned to logistics in 2010 and rebranded in 2023. Operating in 70 locations across India, the company has diversified into commercial real estate, further expanding its portfolio. For FY24, Kaushalya reported total revenues of ₹1,47,832.91 lakhs with a net profit of ₹910.29 lakhs.