Transport Corporation of India

Last updated

Transport Corporation of India (TCI)
Type Public
Industry Logistics and supply chain management
Founded1958 [1]
Headquarters Gurgaon, Haryana, India
Area served
Worldwide
Key people
D.P.Agarwal ( Management), Vineet Agarwal (Management), Chander Agarwal ( Management)
BrandsTCI Supply Chain Solutions, TCI Express, TCI Freight, TCI Global, TCI Seaways, TCI Foundation
Number of employees
6,000+
Website Official website

Transport Corporation of India Limited is an Indian logistics and supply chain management company headquartered in Gurugram, Haryana, India. It was founded in 1958 by Prabhu Dayal Agarwal at Kolkata, India. [1]

Contents

Divisions

TCI Freight provides basic transportation facilities like full truckload, less than truckload, small consignment, and over-dimensional cargo all over India. Apart from the road, the division also provides rail transportation using bulk rakes, containers, and wagons.

TCI Express [2] (formerly TCI XPS) [3] is an express cargo division of TCI Group. This division offers domestic and international courier services through road, rail and air with some value-added services. TCI Express also provides e-commerce delivery service in India.

TCI Supply Chain Solutions [4] provide supply chain consultancy, inbound logistics, in-plant stores & yard management, warehousing/distribution center management and outbound logistics. Key industries catered by TCI SCS are auto, high-tech, telecommunications, retail & CP, cold chain and pharmaceuticals.

TCI Global [4] is the global business division of TCI. It trades across all major South East Asian countries. TCI Global offers customs clearance, international inbound and outbound freight handling (air and sea), primary and secondary warehousing/redistribution, third-party logistics, multimodal (air, surface and sea) services, ODC movements, mining logistics and project cargo.

TCI Seaways [3] is equipped with 22338 containers and seven vessels (91880 DWT cumulative capacities). It provides ship management, liner/charter/agency activities, stevedoring/project handling, multi-modal and transportation services. Under domestic services, TCI Seaways does coastal shipping and agency service, and under international services, break bulk, project cargo and containerized business. TCI Seaways caters to the coastal cargo requirements for transporting container and bulk cargo from ports on the west and east coasts of India to Port Blair in the Andaman and Nicobar Islands, and further distribution within the islands.

TCI Foundation [4] is the group's social arm and fulfills corporate social responsibility. TCI Freight has been working in the areas of health, education, women's development, disability and disaster relief assistance.

Associate company

TCI Developers Ltd [5] is the real estate arm of TCI Group, and was created to look into the development of commercial properties of TCI. These properties will be developed into office complexes, residential buildings, etc. depending on the best use of the property. It is also undertaking the development of large modern warehouses and logistics parks.

Joint ventures

Transystem TLI [6] is a joint venture between TCI and Mitsui & Co Ltd, which is a logistics partner for Toyota Kirloskar Motors Ltd. in India.

TCI-CONCOR Multimodal Solutions Private Limited [7] is a joint venture with Container Corporation of India (CONCOR) for bulk transport by rail and road.

Subsidiaries


Related Research Articles

<span class="mw-page-title-main">Freight transport</span> Physical process of transporting commodities and merchandise goods and cargo

Freight transport, also referred as freight forwarding, is the physical process of transporting commodities and merchandise goods and cargo. The term shipping originally referred to transport by sea but in American English, it has been extended to refer to transport by land or air as well. "Logistics", a term borrowed from the military environment, is also used in the same sense.

<span class="mw-page-title-main">Logistics</span> Management of the flow of resources

Logistics is the part of supply chain management that deals with the efficient forward and reverse flow of goods, services, and related information from the point of origin to the point of consumption according to the needs of customers. Logistics management is a component that holds the supply chain together. The resources managed in logistics may include tangible goods such as materials, equipment, and supplies, as well as food and other consumable items.

<span class="mw-page-title-main">Cargo</span> Goods or produce transported

In transportation, freight refers to goods conveyed by land, water or air, while cargo refers specifically to freight when conveyed via water or air. In economics, freight refers to goods transported at a freight rate for commercial gain. The term cargo is also used in case of goods in the cold-chain, because the perishable inventory is always in transit towards a final end-use, even when it is held in cold storage or other similar climate-controlled facilities, including warehouses.

Cross-docking is a logistical practice of Just-In-Time Scheduling where materials are delivered directly from a manufacturer or a mode of transportation to a customer or another mode of transportation. Cross-docking often aims to minimise overheads related to storing goods between shipments or while awaiting a customer's order. This may be done to change the type of conveyance, to sort material intended for different destinations, or to combine material from different origins into transport vehicles with the same or similar destinations.

<span class="mw-page-title-main">Menlo Logistics</span>

Menlo Logistics was a global supply chain company operating in 20 countries on five continents. Its core business offerings included third-party logistics and supply chain management, and the company specialized in the integration of all functions across the supply chain. The company operated 210 locations worldwide and had 18,000,000 square feet (1,700,000 m2) of warehouse capacity.

Toll Group operates a logistics and global freight forwarding network spanning 150 countries, with over 20,000 customers. Toll has more than 16,000 team members across 500 sites.

Truckload shipping is the movement of large amounts of homogeneous cargo, generally the amount necessary to fill an entire semi-trailer or intermodal container. A truckload carrier is a trucking company that generally contracts an entire trailer-load to a single customer. This is as opposed to a less-than truckload (LTL) company that generally mixes freight from several customers in each trailer. One advantage Full Truckload (FTL) carriers have over Less than Truckload carriers is that the freight is never handled en route, whereas an LTL shipment will typically be transported on several different trailers. Truckload shipments are typically run on 48' or 53'dry van trailers which will hold 24 or 26 pallets respectively.

<span class="mw-page-title-main">C. H. Robinson</span> Transportation and Logistics Company

C.H. Robinson Worldwide, Inc. is an American transportation company that includes third-party logistics (3PL). The company offers freight transportation, transportation management, brokerage and warehousing. It offers truckload, less than truckload, air freight, intermodal, and ocean transportation.

A Transportation Management System (TMS) is a subset of supply chain management concerning transportation operations, which may be part of an Enterprise Resource Planning (ERP) system.

<span class="mw-page-title-main">Container Corporation of India</span> Indian container transport company

Container Corporation of India Limited (CONCOR) is an Indian public sector undertaking which is engaged in transportation and handling of containers. Incorporated in March 1988 under the Companies Act, CONCOR commenced operations in November 1989 taking over an existing network of seven inland container depots (ICDs) from Indian Railways.

Third-party logistics is an organization's long term commitment of outsourcing its distribution services to third-party logistics businesses.

<span class="mw-page-title-main">XPO, Inc.</span> American transportation company

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<span class="mw-page-title-main">Dimerco</span>

Dimerco is a Taiwanese freight company.

Gateway Distriparks Limited is an Indian logistics company based in Mumbai with three business verticals: Container Freight Stations (CFS), Inland Container Depots (ICD) with rail movement and Cold Chain Storage & Logistics. The company was founded in April 1994 and originally promoted by Newsprint Trading & Sales Corporation (NTSC), CWT Distribution Limited, NUR Investment and Trading Pvt. Ltd. and Intercontinental Forest Products Pte. Ltd. (IFP) as a joint venture company to conduct the business of warehousing, container freight stations and all related activities. As of November 2015, Prism International Private Limited is the sole promoter of the company.

<span class="mw-page-title-main">Toll Domestic Forwarding</span>

Toll Domestic Forwarding (TDF) is a division of the Toll Group specialising in freight forwarding by road, rail and sea within and between Australia and New Zealand.

Toll Resources & Government Logistics (TRGL) is a division of the Toll Group. Predominantly, the division offers integrated logistics solutions to the oil and gas, mining, chemicals and coal industries in over 10 countries.

<span class="mw-page-title-main">Allcargo Logistics</span> Indian logistics company

Allcargo Logistics Limited is a Mumbai-based Indian logistics company. It is known to offer multi-modal integrated logistics and transportation services worldwide.

<span class="mw-page-title-main">APL Logistics</span> Global logistics company

APL Logistics Ltd. (APLL) is a wholly owned subsidiary of Kintetsu World Express, Inc. (KWE), a Japan-based freight forwarding and transportation company. As a global supply chain specialist, APL Logistics trades in more than 60 countries, serving the automotive, consumer, industrials, and retail verticals. Headquartered in Singapore and USA, APL Logistics has locations across the globe.

Kenco Group, or Kenco, is a privately held Chattanooga, TN-based company that provides logistics services. Kenco specializes in distribution and fulfillment, transportation management, material handling services, and warehouse real estate management. The company is known for being the largest woman-owned third party logistics company in the United States. Its headquarters is located in Chattanooga, Tennessee.

Multi-Modal Logistics Parks (MMLPs) is a key policy initiative of the Government of India, led by National Highways Logistics Management Limited under Ministry of Road Transport and Highways (MoRTH) and the National Highways Authority of India (NHAI), to develop Multi-Modal Logistics Parks in hub-and-spoke model to improve the country's freight logistics sector by lowering overall freight costs and time, cutting warehousing costs, reducing vehicular pollution and congestion, improving the tracking and traceability of consignments through infrastructural, procedural, and information technology interventions.

References

  1. 1 2 "TCI History | Transport Corporation of India Ltd Company History & Profile". Economictimes.indiatimes.com. 18 January 1982. Retrieved 8 October 2010.
  2. "TCI Express Ltd".
  3. 1 2 "Transport Corporation of India: En route to growth".
  4. 1 2 3 4 5 6 Reuters
  5. "Archived copy" (PDF). Archived from the original (PDF) on 17 September 2016. Retrieved 2 August 2016.{{cite web}}: CS1 maint: archived copy as title (link)
  6. "Mr. Vineet Agarwal, Executive Director, Transport Corporation of India (TCI)".
  7. "TCI, Concor float new company for logistics services". The Hindu. 13 December 2010.