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AVG Logistics has been awarded the tender as the authorized partner for Express parcel services by Uttar Pradesh State Road Transport Corporation (UPSRTC). This significant achievement underscores AVG's commitment to excellence and its expanding role in the Express Parcel delivery segment. The award of this tender marks a strategic partnership between AVG and UPSRTC, aimed at enhancing the efficiency and reach of Express parcel delivery services. As the authorized partner, AVG will be responsible for managing and optimizing Express parcel operations, ensuring sustainable, timely and reliable delivery for customers across the designated regions in the state of Uttar Pradesh.
Uttar Pradesh, one of India’s largest and most populous states, presents a unique set of logistical challenges. AVG aims to address these with its efficient delivery network through partnering with UPSRTC, and customer-centric approach. The launch of AVG's services in this region will streamline the process of Express parcel delivery and also contribute to the state's economic growth by enabling smoother and faster movement of goods.
In a significant move to bolster its service capabilities, AVG has secured space in 9,000 UPSRTC buses for Express parcel delivery services and expecting the lifetime revenue of Rs 60 crore over a period of 5 years. This collaboration with UPSRTC will enable AVG to leverage the extensive bus network for efficient and wide-reaching Express parcel distribution, covering urban and rural areas in the state of Uttar Pradesh. This award reinforces AVG's position as a leader in the logistics industry and provides a solid foundation for sustained growth and profitability. AVG with a mission to provide reliable, fast, and cost-effective delivery solutions, is set to transform the logistics landscape of the state.
AVG Logistics offers their customers services in three key areas like transportation whereby they provide point-to-point, less-than truck-load, time-definite transportation services; warehousing whereby they provide warehousing, distribution and cold-chain warehousing; and value-added Services including, temperature-controlled logistics, supply chain solutions and cargo handling services at integrated check posts.
| Company Name | CMP |
|---|---|
| Allcargo Logistics | 56.54 |
| TVS Supply Chain Sol | 188.10 |
| Container Corp | 847.30 |
| Mahindra Logistics | 410.35 |
| Transport Corp. | 1079.00 |
| View more.. | |
MoneyWorks4Me rating and ranking of funds for SIP is available to subscribers only. Moneyworks4Me is not a rating and ranking agency, however it is required that users have a way of selecting funds and building a Portfolio. The method used by it are described below to enable users to understand the logic behind the rating and ranking Subscriber will find more details on this in the various content made available from time to time. In case you need more please write to besafe@moneyworks4Me.com
MoneyWorks4Me rates and ranks mutual funds based on the following data-driven system:
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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