Celebrating the major milestone of handing over the 325th Volvo FM 4×2 Tractor
Letter of Intent signed for additional 200 units Volvo FM 4×2 Tractors
Jointly shaping the Indian Express Logistics industry through world-class, environmentally friendly, and safe transport solutions
New Delhi, Friday, 28th April 2023: Volvo Trucks India, a division of VE Commercial Vehicles Ltd., in a landmark moment, delivered the 325th tractor-trailer solution to Delhivery Ltd., India’s largest fully-integrated logistics services provider, for Express and B2B logistics operations. Roger Alm, EVP of Volvo Group & President Volvo Trucks handed over the key of 325th Volvo FM 4×2 tractor to Mr. Sahil Barua, Managing Director and Chief Executive Officer and Mr. Ajith Pai, Chief Operating Officer, Delhivery in Bangalore on 26th April 2023.
Volvo Trucks and Delhivery joined hands together in 2019 when the first FM 4×2 tractor-trailer solution was introduced for express cargo logistics setting new standards on delivery schedule as well as improving the cost efficiency of services. Since then, the Volvo- Delhivery partnership has clearly highlighted the Volvo FM 420 4×2 tractor-trailer solution as the ideal industry benchmark for express logistics clocking up to 25,000 kms a month with exceptional Uptime. Commercial trials for Liquified Natural Gas Tractor Trailer solutions have also been ongoing since Sep’22 on select routes, and the results so far look very promising, with improved fuel efficiency as well as reduced emissions.
“Proud to see the progress so far, and congratulations to Delhivery on this important milestone. Look forward to jointly driving more sustainable transport solutions in India, bringing the best of global expertise where Volvo Trucks is leading the transformation,” said Roger Alm, President- Volvo Trucks Corporation.
Addressing the occasion, Vinod Aggarwal, MD & CEO, VE Commercial Vehicles Ltd., said, “We started the partnership journey four years ago, and I am proud to see Delhivery and Volvo Trucks drive the change in the industry by introducing the most innovative solutions. This is in line with the vision of the Government of India as laid out in the National Logistics Policy and is a significant milestone in Volvo Trucks’ journey in the long-haul segment in India.”
Sahil Barua, Managing Director, and Chief Executive Officer, Delhivery, added, “We are extremely proud of our partnership with Volvo and are delighted to strengthen it further. These tractor-trailers are critical to our mid-mile strategy and go a long way in making our network highly efficient and more sustainable. Since the start of our partnership with Volvo, we have scaled up the salience of these tractor-trailers within our network. We are excited about the future of this partnership and the rollout of newer platforms such as LNG and Electric trucks.”
Recognizing the important milestone in the journey with Delhivery, Mr. Dinakar, EVP Volvo Trucks India, said, “We are happy to have partnered with Delhivery to drive efficiency and productivity in the express logistics segment. Turn-around time, Efficiency, and Driver productivity are the key to being successful in this segment. Our FM 4×2 tractor-trailer solution, backed by world-class support services including customized driver training programs, enabled to improve overall operational efficiencies and grow the business together.”
“We are pleased to receive a Letter of Intent for 200 more units for upcoming requirements at Delhivery, and this would take the overall Volvo Trucks fleet in Delhivery operations to 500+ units,” concluded Mr. Jonas Nilsson, Vice President India & Indonesia, Volvo Trucks International.
We congratulate team Delhivery on this momentous milestone.
About Volvo Trucks
Volvo Trucks is a world-leading truck manufacturer, committed to drive progress and shape the future landscape of sustainable transports. We provide total transport solutions in the medium to heavy-duty segment and offer support to customers in more than 130 countries. Our foundation is our core values – Quality, Safety, and Environmental care.
About VE Commercial Vehicles Limited (VECV):
VE Commercial Vehicles Limited (VECV) is a joint venture between the Volvo Group and Eicher Motors Limited. In operation since August 2008, the company manufactures and sells the complete range of Eicher branded trucks and buses, Volvo Buses in India and is the exclusive distributor of Volvo Trucks in India, besides manufacturing and exporting for Volvo Group, non-automotive engines and Eicher component business. A multi-brand, multi-division company, backed by innovative products & services, VECV today, is recognized as an industry leader for modernizing commercial transportation in India and the developing world.