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Ritco Logistics Ltd. ( (IN:RITCO) ) has provided an update.
TrucksUp, a subsidiary of Ritco Logistics Ltd., has appointed Abhijay Ratan as Chief Marketing Officer to lead its marketing vision and position the company as a leader in the technology-driven trucking ecosystem. Ratan’s extensive experience in strategy and marketing will be pivotal in enhancing stakeholder engagement and driving growth through innovative digital platforms, aiming to establish TrucksUp as a trusted and efficient platform in India’s rapidly evolving logistics landscape.
More about Ritco Logistics Ltd.
TrucksUp is an AI-based aggregator platform revolutionizing the Indian logistics industry by addressing challenges like low asset utilization and inefficiencies in truckload allocation. The company aims to bridge the supply-demand gap in the trucking sector, enhancing connectivity between truck owners and shippers to optimize operations and reduce logistics costs.
Average Trading Volume: 8,262
Technical Sentiment Signal: Sell
Current Market Cap: 7.76B INR
Learn more about RITCO stock on TipRanks’ Stock Analysis page.