How is VRL Logistics Quora?

How is VRL Logistics Quora?

Yes, definitely VRL logicstics is a very good investment. After all, logistics and eCommerce are the main driving factors of Indian Economy. Check out the Share price of Blue Dart now and where it was 5 years ago. From 800 to 8000, in just 5 years.

Why VRL Logistics is a good long term bet?

Asset-heavy business. VRL Logistics is an asset-heavy business and derives its revenue significantly from goods transport (81 per cent) and bus operations (16 per cent). The company has 4,754 trucks and 337 buses and the business was running at about 100 per cent capacity utilisation before the Covid-19 outbreak.

How much is a truck in VRL Logistics?

Hubballi-based logistics major VRL Logistics Limited is planning to expand its fleet by adding 248 new trucks at a cost of Rs 67 crore. The company currently operates close to 4,000 trucks and buses.

How does VRL make money?

Business operations of VRL Group include road transportation, logistics, publishing etc. VRL Group is one of the large logistics and transport companies in India (incl. 4360 vehicles, comprising 419 tourist buses and 3941 transport goods vehicles).

How is transportation cost per kg calculated?

The dimensional weight in kilograms will be calculated by dividing the volume (length x width x height – given in cm) by an air freight company’s divisor. This divisor is not fixed, but usually the companies are using either 5000 or 6000 to calculate the air freight rates.

What is Vrl Courier?

VRP is used for courier service so can be used as reference for further research. 1.1 Vehicle Routing Problem (VRP) VRP was first introduced by Dantzig and Ramser in 1959 [9], initially known as. trucking dispatching problem, which discusses the shortest route determination of gasoline.

Should I buy VRL Logistics?

VRL Logistics Limited (NSE: VRLLOG) As on 27th Jun 2022 VRLLOG Share Price closed @ 619.80 and we RECOMMEND Strong Buy for LONG-TERM with Stoploss of 452.06 & Buy for SHORT-TERM with Stoploss of 578.43 we also expect STOCK to react on Following IMPORTANT LEVELS.

Is it good to invest in VRL Logistics?

Investment Rationale VRL Logistics (VRLL) is well placed given its strong presence in the LTL segment, focus on branch addition, and tight cost control. Its comfortable Balance Sheet position and strong cash flow generation will enable it to meet its capex requirements for future growth.

What is the issue price of VRL Logistics?

VRL Logistics IPO Listing Date

Who owns VRL?

Vijay Sankeshwar is an Indian businessman from Dharwad, Karnataka. He along with Anand Sankeshwar (managing director) is the chairman of India’s largest logistics firm VRL Group. He is also known for being the owner of the largest fleet of commercial vehicles in India. He left BJP and founded the Kannada Nadu Party.

How many trucks VRL owns?

From this humble beginning VRL has today grown into a nationally renowned logistics and transport company which is also currently the largest fleet owner of commercial vehicles in India with a fleet of 4866 Vehicles (Including 291 Passenger Transport Vehicles & 4575 Goods Transport Vehicles amongst others).

How many vehicles does VRL own?

VRL operates about 5,000 vehicles, including tankers, cranes and buses, and has identified some 700 low capacity trucks for possible scrappage.

Is VRL a public company?

VRL Logistics Ltd was incorporated on March 31 1983 as a private limited company with the name Vijayanand Roadlines Pvt Ltd. Initially in the year 1976 Vijay Sankeshwar the promoter commenced the good transportation business in the State of Karnataka through a proprietary firm.

What does VRL stand for?

VRL

What is CC attached in transportation?

Collection Fee (CC Fee) -A percentage surcharge, usually between 2% and 6%, of the total freight bill,charged by carriers and forwarders on collect freight amounts. The charge is applied to recover interest on funds payable at the time of shipment; also to cover fluctuation of exchange rates.

What is the average cost per km?

61¢ per kilometre for the first 5,000 kilometres driven. 55¢ per kilometre driven after that.

What is logistic cost India?

Indian Logistics Industry is said to be 13% of GDP. One can hear this figure in almost every intellectual discussion related to Logistics and infrastructure.

How do logistics companies charge?

Companies often charge a fee based on the number of products, product size and weight, units per order, and then any finishing touches unique to your brand.