JV opens new container yard

transportjournal | February 01, 2018

JV opens new container yard
GAC Logistics Sri Lanka and Hemas Transportation have opened a new 30'000 sqm container yard with a 6,000 teu capacity at their joint integrated Spectra Logistics facility in the Muthurajawela industrial zone, Wattala (Sri Lanka). The yard is the latest development in the two companies' partnership. Strategically located between the port of Colombo and Bandaranaike international airport, the Spectra Logistics facility on a just over 6 ha site is fully equipped for container handling, multiple container repairing, container washing and container rigging, and more. Work has already begun on the next phase, with a distribution centre due to be completed by June this year. Lars Bergström, GAC Group VP, Asia Pacific & Indian subcontinent, says Sri Lanka's demand for 3PL services has been bolstered by global trade growth and the country's rising importance as a sourcing base for international buyers in South Asia. (mw)

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For many logistics company owners, the need to increase productivity seemingly calls for an upgrade to state-of-the-art systems, logistical infrastructures, and analytics. However, this is an incomplete belief that, when taken as is, won’t make much of a difference for the company. In truth, a

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