Snowman Logistics has completed the construction of a temperature-controlled warehouse at Siliguri, West Bengal and the facility has become operational from the September 6, 2021. The total capacity of the facility is 4032 Pallets. It is a multi-temperature facility designed to store products ranging from ambient temperature to -25 Deg Centigrade with 8 chambers, 5 loading bays with related infrastructure that includes G+5 racking system, modern handling equipment, etc., and ample refrigerated truck parking space. The facility will mainly cater to the storage, handling and transportation of seafood, ready-to-eat food, ice cream, dairy products, quick service restaurants, confectionery & bakery products, fruits & vegetables, pharma, and other products.
A similar facility is under construction at Coimbatore and is expected to be ready and operational by end of October 2021. The company also has built an e-commerce backend (fulfilment centre) for food and grocery in Mumbai. The facility is already operational. It is a 54,000 sqft warehouse with freezer, chiller, ambient storage with various value add facilities viz. sorting, grading, packing, labelling, etc. Another e-commerce facility is under construction at Pune and is expected to be ready and operational by mid of September. It has also expanded in their existing locations: Mumbai (1944 pallets), Krishnapatnam (560 pallets). Expansions in Palwal are under construction adding 720 pallets. With the addition of the above, Snowman will have a total of 1,20,000 pallet positions of shared warehouses and 1,10,000 sq. ft. of e-commerce fulfilment centres by October 21. With these expansions, the company would have operations in 17 cities and 38 warehouses.
Snowman Logistics is an integrated temperature controlled logistics services provider.
| Company Name | CMP |
|---|---|
| Allcargo Logistics | 43.56 |
| TVS Supply Chain Sol | 159.50 |
| Container Corp | 758.75 |
| Mahindra Logistics | 357.45 |
| Transport Corp. | 1048.60 |
| View more.. | |
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Funds ranking in screeners: Performance Consistency and Quality are two parameters used for ranking funds for SIP. The ranking as follows GG, GO, GR, OG, OO, OR, RG, RO and RR.
With the same color-coded funds, the one with the higher Average 3-year rolling returns (over 5 to 10 years), the number that appears in the Performance tag, ranks higher.
Here is the summary:
The third tag Upside Potential is not relevant for SIP. It is relevant for lumpsum investments in Mutual Funds.
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