- Business
- Ritco Logistics Limited Ritco Logistics Limited (RITCO.NS) provides integrated third-party logistics (3PL) services across India, specializing in contract logistics, full truckload (FTL) and less-than-truckload (LTL) transportation, warehousing and distribution, fleet management, and multimodal solutions including rail-road integration. The company offers tech-enabled services such as warehouse management systems, value-added operations like packing, kitting, sorting, labeling, and bundling; B2B logistics for full and part truckloads; aggregator platforms like TrucksUp with AI-driven insights, encryption, and features including urgent load matching; and specialized handling for bulk dry cargo, polymers, food grains, and oversized goods. It serves diverse industries including petrochemicals, petroleum, metals, FMCG, automobiles, pharmaceuticals, textiles, solar energy, healthcare, e-commerce, and energy, with major clients such as GAIL India Limited, Mangalore Refinery & Petrochemicals Ltd., Steel Authority of India Limited, Hindustan Unilever Limited, and HPCL-Mittal Energy Limited; operations span 14 states through 36 branches, seven warehouses totaling around 75,000 sq. ft., an in-house fleet of over 250 trucks, and 25,000+ vehicles on its aggregator platform. Founded in 2001 and headquartered in Gurugram, Haryana with a registered office in New Delhi, Ritco maintains a pan-India presence supporting over 1 million tonnes per annum in cargo volume. Recent developments include a strategic partnership with Container Corporation of India Ltd. (CONCOR) in 2025 to access 70 multimodal logistics hubs for enhanced rail-road efficiency; securing over ₹130 crore in new contracts from sectors like petrochemicals, FMCG, and energy, plus specific deals such as ₹31.34 crore from ONGC Petro Additions Limited, ₹29.7 crore from Rashtriya Ispat Nigam Limited, ₹14.37 crore from ESL Steels Limited, ₹9.27 crore from Bharat Heavy Electricals Limited, and ₹6.43 crore from Steel Authority of India Limited Bokaro; fleet expansion with 50 custom-built vehicles for infrastructure; and TrucksUp platform upgrades featuring AI analytics, advanced security like AES-256 encryption, and partnerships with oil marketing companies.