JV co. to provide cold chain logistics solutions, temperature-controlled warehouses & temperature-controlled transportation & distribution services in India
Apollo LogiSolutions Ltd (ALS) and Singamas, a subsidiary of Pacific International Lines (Pte) Ltd (PIL), have signed a Memorandum of Understanding (MoU) to jointly pursue cold chain logistics in India through a joint venture (JV) company. The MoU aims to provide cold chain logistics solutions, temperature-controlled space/warehouses and temperature-controlled transportation and distribution services.
Last year, ALS had signed two MoUs with PIL Group of companies. The first, between ALS and PIL, facilitates mutual cooperation in container freight stations (CFSs) and allied services. The second MoU, between ALS and Singamas, was to jointly pursue transportation of specialised liquids in India. This third MoU, for cold chain logistics, further underlines the long-term relationship of both groups.