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Posted On: 06/10/2025 9:54:22 AM
Post# of 94266
$RIME has been awarded a large expansion to its Master Services Agreement with the Indian subsidiary of the world’s third largest consumer packaged goods (“CPG”) manufacturer with over $84 billion in annual revenues.
Under the first phase of the expanded services agreement, SemiCab India will provide managed transportation services to the CPG company on more than 40 heavily populated lanes throughout India, representing a 200% increase in lanes currently serviced. Upon completion of this phase of the relationship, the CPG company has agreed to broaden its relationship with SemiCab to include an expanded geographic footprint for services and an increased quantity of lanes served.
Ajesh Kapoor, CEO of SemiCab Holdings, LLC, commented, “We are excited to expand our relationship with our CPG client, which is one of the largest and most prestigious members of the National Digital Freight Exchange (“NDFE”) in India today. The expansion of our collaboration opens the door to tremendous growth opportunities with a global powerhouse in the CPG world.”
Under the first phase of the expanded services agreement, SemiCab India will provide managed transportation services to the CPG company on more than 40 heavily populated lanes throughout India, representing a 200% increase in lanes currently serviced. Upon completion of this phase of the relationship, the CPG company has agreed to broaden its relationship with SemiCab to include an expanded geographic footprint for services and an increased quantity of lanes served.
Ajesh Kapoor, CEO of SemiCab Holdings, LLC, commented, “We are excited to expand our relationship with our CPG client, which is one of the largest and most prestigious members of the National Digital Freight Exchange (“NDFE”) in India today. The expansion of our collaboration opens the door to tremendous growth opportunities with a global powerhouse in the CPG world.”
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