Driver Logistics

Driver Logistics

Company type	Private
Industry	Logistics
Founded	2019
Headquarters	Kochi, Kerala, India
Number of locations	54 warehouses across six states
Area served	India (Kerala, Karnataka, Tamil Nadu, Telangana, Andhra Pradesh, Gujarat)
Services	Warehousing, fulfillment, full truckload (FTL), part truckload (PTL)
Number of employees	700+
Website	www.driverlogistics.in

Driver Logistics is an Indian logistics company founded in 2019 and headquartered in Kochi, Kerala, India. The company provides warehousing, fulfillment, full truckload (FTL), and part truckload (PTL) services. The company handles over 1.5 million parcels monthly.[1]

History

Driver Logistics was established in 2019 after consolidating the logistics operations of A&M Enterprises. In 2022, Driver Logistics was recognized as one of the "Best B2B 3PL Logistics Operators" in India.[2] In December 2023, Driver Logistics announced an investment plan with a focus on its technology and infrastructure.[1][3][4] In 2023, Driver Logistics expanded its operations to Gujarat, followed by a 2024 expansion into Andhra Pradesh.[5][6] That same year, it launched a multi-user facility in Bengaluru.[1]

Operations

Driver Logistics provides services such as warehousing and fulfillment (both dedicated and shared), full truckload (FTL), and part truckload (PTL) services. The company uses AI-driven tools and automated guided vehicles (AGVs) to optimize efficiency. The company serves various industries, including Automotive, FMCG, Electronics & Consumer Durables, Pharmaceuticals, Fashion Retail, Paints and Chemicals. Some of its major clients include CEAT, JSW Paints, LG, JK Tyre, Godrej, Bajaj Electricals Ltd., Nestlé, Yokohama, and Asian Paints.[7]

Driver Logistics is headquartered in Kochi, Kerala.[8] It operates 54 warehouses across India in Kerala (29), Karnataka (14), Tamil Nadu (3), Telangana (1), Andhra Pradesh (2) and Gujarat (1).[9] The company employs over 700 people. Ashique Kainikkara serves as the chairman of the company; Aqil Ashique holds the position of CEO.[10]

References

1. "Driver Logistics launches Karnataka operations, to invest Rs 525 crore". The Economic Times. 4 December 2023. ISSN 0013-0389. Retrieved 15 November 2024.
2. "Driver Logistics (2022 Winner: Logistics Warehouse and Supply Chain Awards)". The Business Concept. Retrieved 15 November 2024.
3. "Driver Logistics plans to invest 525 cr in next 5 years – Cargo Breaking News". Retrieved 15 November 2024.
4. Rao, Arun Kumar (3 December 2023). "Driver Logistics launches Karnataka operations to Invest 525 Crores". The Financial World. Retrieved 15 November 2024.
5. "Driver Logistics Expands 3PL Service to Rajkot in Gujarat". APN News. 27 June 2023. Retrieved 15 November 2024.
6. "Driver Logistics to invest Rs 525 crore in next 5 yrs to expand operations - Logistics Outlook". 14 December 2023. Retrieved 15 November 2024.
7. "Driver Logistics to invest ₹525 crore for expansion and technological innovations". BusinessLine. 4 December 2023. Retrieved 15 November 2024.
8. "Kochi-based Driver Logistics to invest over Rs 150 crore in Karnataka". Deccan Herald. Retrieved 15 November 2024.
9. "Driver Logistics expands operations to Gujarat - Manufacturing Today India". 27 June 2023. Retrieved 15 November 2024.
10. "Mahindra Logistics Q2 net loss down to Rs 10.7 crore". www.itln.in. 22 October 2024. Retrieved 15 November 2024.