APACE TRANSCO PVT LTD was incorporated as Logistics India Pvt. Ltd. in 2009 as a joint venture between Logistics Inc. and S. L Ganapathi. The company’s primary activity was freight forwarding, handling sea and air freight forwarding both and export import services. Working as a 3PL organization, the company also provided services such as customs clearance, primary transportation.
In 2007, LPI expanded its scope of services by entering last bastion of supply chain by commencing the construction of a 50,000 Sq FT multi-user warehouse in Salem, Tamil Nadu. The warehouse commenced operations in September 2009 and the space was immediately taken up by a large multinational FMCG company to function as its Regional Distribution Centre. In 2010, additional 50,000 Sq FT was added and the space was made operational in February 2011.
In January 2011, majority stake in APACE TRANSCO PVT LTD was acquired by Japan’s Naigai Trans Line as a strategic move to establish their presence in India.
Shareholders …
Naigai Trans Line Japan (APACE TRANSCO)
specializing in providing consolidation services. They have presence in 8 countries and are amongst the largest consolidators in India.
Future Plans …
APACE TRANSCO PVT LTD plans another round of major investments in own warehouses, as well as increasing the over all warehousing capacity through leased spaces in strategic locations across the country in the next few years. The company also plans to extend its presence in Tier II cities in India where there has been a great deal of economic growth and development in the past few years and also its export import service across the country as well as the globe.