Shreeji Translogistics secures deal with Turkish Airlines, shares rise

Expanding its reach, Shreeji Translogistics Limited (STL), a leading logistics service provider in India, proudly announces the signing of a new contract with Turkish Airlines Inc (Turkish Cargo), a prominent name in the aviation industry renowned for its commitment to passenger and cargo transportation. This marks a significant milestone in STL’s journey of expansion and growth.

Expressing enthusiasm, STL highlights securing this contract as a testament to its commitment to delivering innovative and reliable logistics services, further solidifying its reputation as a trustworthy partner in the industry. The addition of Turkish Airlines Inc to its client portfolio positions STL to broaden its presence and enhance its capabilities within the logistics sector.

The management team at Shreeji Translogistics Limited is pleased to welcome Turkish Airlines Inc, acknowledging them as one of the fastest-growing air cargo brands globally. This strategic business relationship underscores STL’s unwavering dedication to providing customer-centric and value-added logistics services. The team expresses delight in collaborating with such a reputable and global company, emphasizing the continuous efforts that have led to this significant achievement.

Anticipating mutual benefits for both parties, the relationship between STL and Turkish Cargo is poised for a long and successful alliance. This client win is expected to generate improved yields, reinforcing STL’s position as a trusted player in the air cargo industry and further strengthening its market presence.

STL takes pride in its adaptive capacity to meet evolving market demands and remains steadfast in delivering exceptional results for valued customers. With the acquisition of Turkish Airlines Inc as a client, STL is optimistic about seizing opportunities in the air cargo industry, achieving sustainable growth through its robust infrastructure and operational capabilities, and meeting the expectations of esteemed clients.

Recent Developments

1. Bonus Shares Issuance: STL has fixed February 8, 2024, as the ‘Record Date’ for issuing fully paid Bonus shares in the ratio of 1 Equity Share for every 3 Equity Shares, subject to shareholder approval through remote e-voting.
2. Awards and Recognition: STL’s excellence was acknowledged at the 4th South East Air Cargo Conclave & Awards 2023, where it received the “Customs Bonded Truck Operator of the Year Award.” Similar recognition was achieved at the Northern India Air Cargo Conclave & Awards 2023.
3. Branch Expansion in Indore: STL has expanded its presence by opening a new branch in Indore, Madhya Pradesh, catering to the rising demand for reliable transportation and supply chain solutions in the central region.
4. Railway Rake Handling Expansion: STL successfully executed Railway Rake Handling & Shifting services in Vishakhapatnam, Bhilai, and Haridwar, showcasing its commitment to efficient handling of steel materials from railway sidings.

About Shreeji Translogistics Limited

Established in 1984, Shreeji Translogistics Limited (STL) has evolved into one of India’s leading logistics companies. Headquartered in Vashi, Navi Mumbai, STL offers end-to-end logistics solutions, including freight management and warehousing services. The company operates a diverse fleet of owned and outsourced trucks, specializing in services like full truck load transport, parcel and part truck load services, import-export services, and Over Dimensional Cargo (ODC) movement.

STL has gained prominence for its commitment to excellence, evident through awards such as the “Customs Bonded Truck Operator of the Year.” The company’s expansion includes a new branch in Indore, further solidifying its position in central India. STL’s dedication to innovation is exemplified by its railway rake handling services, contributing to the efficient transportation of steel materials.

As a pioneer in bonded trucking and with over four decades of experience, STL continues to grow its network across India, providing comprehensive logistics solutions and contributing to the advancement of the logistics industry. Through its subsidiary TKD Digitrans Tech Pvt Ltd, STL has introduced the TKDost application, enhancing visibility and connectivity for transporters.

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