An astounding 25 per cent increase in import value for the fiscal year 2022–2023 has been revealed by KSH Distriparks, a top logistics service provider with a focus on container logistics solutions. Additionally, there has been an 8 per cent increase in Twenty-foot Equivalent units (TEUs) over the previous year.
The primary driver of this expansion has been the acquisition of new clients, especially in the automotive and white goods industries. With 74,150 TEUs, the company’s container volumes increased by a significant 8 per cents over the previous year’s 68,209 TEUs.
The corporation projects an 11–12 per cent rise in the upcoming fiscal year, assuming that it continues to grow. This forecast highlights the business’s steadfast dedication to operational effectiveness, strategic customer growth, and quality.
The company has prioritised operational efficiency, as seen by the deliberate redesign of the yard to enhance its capacity for storing containers. The fleet capacity has increased with the advent of 40-foot lightweight trailers, especially in the lightweight class. The throughput handling capacity of the recently released SOC Container Storage solution has been greatly increased.
KSH Distriparks’ Chief Commercial Officer, Malcolm D’Souza, stated that the company has set multiple records in 2023. He said that there were plans to put in place more measures for efficiency and capacity enhancement in the future. It was communicated that in order to boost storage capacity and guarantee a quicker Turnaround Time (TAT) for empty containers, the company was now proposing to build a new empty yard. It was also mentioned that an addition of about sixty more forty-foot trailers was planned to increase the fleet’s capacity.