Concor, Reliance Logistics float joint venture

Container Corporation of India CONCOR and Reliance Logistics, an associate unit of Reliance Industries, have formed a joint venture called Infinite Logistics Solutions to provide end-to-end inter modal logistics solutions to its customers. While mainly investing in talent, it will also invest in trucking and warehousing among others things to supplement growth. Infinite will provide customised and standard containerised transportation by road and rail, distribution and related ancillary services. The company aims to target customers in segments like manufacturing, trading and retail.