FINANCIAL CHRONICLE™
Dear Reader,

Registration with the Sri Lanka FINANCIAL CHRONICLE™️ would enable you to enjoy an array of other services such as Member Rankings, User Groups, Own Posts & Profile, Exclusive Research, Live Chat Box etc..

All information contained in this forum is subject to Disclaimer Notice published.


Thank You
FINANCIAL CHRONICLE™️
www.srilankachronicle.com


Join the forum, it's quick and easy

FINANCIAL CHRONICLE™
Dear Reader,

Registration with the Sri Lanka FINANCIAL CHRONICLE™️ would enable you to enjoy an array of other services such as Member Rankings, User Groups, Own Posts & Profile, Exclusive Research, Live Chat Box etc..

All information contained in this forum is subject to Disclaimer Notice published.


Thank You
FINANCIAL CHRONICLE™️
www.srilankachronicle.com
FINANCIAL CHRONICLE™
Would you like to react to this message? Create an account in a few clicks or log in to continue.
FINANCIAL CHRONICLE™

Encyclopedia of Latest news, reviews, discussions and analysis of stock market and investment opportunities in Sri Lanka

LISTED COMPANIES

Submit Post



Poll

Can there be another Covid-19 wave in Sri Lanka?

 
 
 

View results

STOCK MARKET TRAINING
ශ්‍රී ලංකා මූල්‍ය වංශකථාව - සිංහල
Submit Post


CONATCT US


Send your suggestions and comments

* - required fields

Read FINANCIAL CHRONICLE™ Disclaimer



Latest topics

» Best Time to Collect Cic X
by Value Pick Today at 8:15 am

» Why is First Capital Holdings being dumped?
by Berryfund Today at 6:29 am

» EXPOLANKA HOLDINGS PLC (EXPO.N0000)
by dilshan unawatuna Today at 6:06 am

» AGST can move
by FINANCIAL CHRONICLE™ Yesterday at 11:58 pm

» COMMERCIAL CREDIT AND FINANCE PLC (COCR.N0000)
by newone Yesterday at 11:57 pm

» ඇග්ස්ටාර් - (AGST .N0000) RS 10 +
by FINANCIAL CHRONICLE™ Yesterday at 11:57 pm

» AGSTAR PLC (AGST.N0000)
by FINANCIAL CHRONICLE™ Yesterday at 11:57 pm

» AGST next Run with Profits...
by FINANCIAL CHRONICLE™ Yesterday at 11:56 pm

» AGST - Winner for this week
by FINANCIAL CHRONICLE™ Yesterday at 11:55 pm

» LOFC AND CLC Target Price??
by xhunter Yesterday at 11:06 pm

» RAIGAM WAYAMBA SALTERNS PLC (RWSL.N0000)
by Bakkabwoi Yesterday at 8:10 pm

» Twitter accounts related to the stock market
by Bakkabwoi Yesterday at 8:09 pm

» TOKYO CEMENT COMPANY (LANKA) PLC
by xhunter Yesterday at 7:55 pm

» LOFC LOFC LOFC
by madukp Yesterday at 6:49 pm

» How Equity Emerged the Top Asset Class During a Pandemic
by samaritan Yesterday at 6:30 pm

» HVA FOODS PLC (HVA.N0000)
by rajini Yesterday at 12:38 pm

» Ambeon Holdings fully owned subsidiary MillenniumIT ESP gears for global expansion
by samaritan Yesterday at 11:39 am

» Sri Lanka IT and consultant industry moved closer to LKR 10Bn in 2Q 2021
by samaritan Yesterday at 11:36 am

» The Economy will be steered towards continued stability - CB Governor
by samaritan Yesterday at 10:04 am

» Asia/Capital Trust LLUB Target Price Rs 150..
by rajithasahan Wed Sep 15, 2021 10:16 pm

EXPERT CHRONICLE™

MARKET CHAT


CHRONICLE™ ANALYTICS


ECONOMIC CHRONICLE

GROSS DOMESTIC PRODUCT (GDP)


CHRONICLE™ YouTube

LATEST TWEETS

You are not connected. Please login or register

FINANCIAL CHRONICLE™ » DAILY CHRONICLE™ » Hayleys subsidiary launches automotive logistics for H’tota port

Hayleys subsidiary launches automotive logistics for H’tota port

Go down  Message [Page 1 of 1]

CSE.SAS

CSE.SAS
Global Moderator
Takes delivery of first shipment of 850 cars after setting up transit yard; orders more car carrier trailers to support vehicle importers

The Hayleys Group has begun offering comprehensive automotive logistics solutions through its logistics services subsidiary Logiventures, to importers clearing their vehicles at the Magam Ruhunupura Mahinda Rajapaksa Port in Hambantota.

The company cleared its first shipmemnt of 850 vehicles on the 15th of June, when the NYK Line vessel Cygnus Leader called at the port. Logiventures said it would work closely with NYK Line, to expand its engagement with the automotive industry in Sri Lanka, the company said in a statement yeserday (20)>

The company has already ordered more car carrier trailers to supplement its existing fleet and invested in a vehicle transit facility in close proximity to the Hambantota Port to facilitate the clearing, inspection and transportation of vehicles discharged at the Port by roll-on roll-off (Ro-Ro) vessels. The initial capacity of the facility is approximately 700 vehicles, the company said.

"Investment in this operation is in response to the recent SLPA decision to divert Ro-Ro vessels to the new port in Hambantota to reduce congestion at the Colombo Port," Logiventures Director Janitha Jayanetti said.

"Logiventures has been providing automotive logistics services to many leading vehicle importers since 2006 and is the market leader in supporting vehicle importing companies," he said, adding that "the company will work closely with the local community to create employment opportunities for the youth in Hambantota through this initiative."

He also said the company is now geared to offer services including documentation & customs clearance of vehicles, inspection, initial transportation from the port to the company’s transit yard, re-inspection of vehicles prior to despatch and transportation by car carrier trailers to Colombo or any location specified by the vehicle importers.

"Safety and security are key aspects in an operation of this nature, and Logiventures has an established record in these areas," Jayanetti added. He said the company was looking at delivering vehicles to the showrooms or yards of importing companies on a in-time’ basis, enabling them to better manage their storage and display space.

A member of Hayleys Advantis, the transportation and logistics arm of the Hayleys Group, Logiventures specializes in cargo handling, transportation, storage facilities, sale & hire of Convertainers® (Portable Cabins) and empty containers, supply of tamper-evident seals & stickers and numerous services related to logistics chains. The company is credited with being the pioneer in developing a car carrier trailer in Sri Lanka to transport cars on a large scale.

In addition to transporting cargo from point to point, Logiventures offers a complete solution to project cargo customers who move heavy and over dimensional cargo to site locations in remote areas where infrastructure is at a bare minimum. Wherever needed, specialized equipment is utilised to ensure cargo safety and the company also liaises with transport authorities and local law enforcement authorities to obtain the necessary permits to transport such cargo on behalf of its customers.
http://www.island.lk/index.php?page_cat=article-details&page=article-details&code_title=54898

Back to top  Message [Page 1 of 1]

Permissions in this forum:
You cannot reply to topics in this forum