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Global Shipping & Trade
Asia

JM Baxi is recognized as the “fastest growing” and only Indian company to be ranked in the IC Transport 50 list

by Kalpana Pandey
November 25, 2024
in Asia, News, Ports & Terminals, Transport & Multimodal
Reading Time: 2 mins read
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J M Baxi has received global recognition, with a special mention of “fastest growing” in the IC Transport 50 list for 2024. It has been ranked 22nd, which showcases the world’s leading specialized transport companies. This recognition reflects J M Baxi Group’s commitment to “creating opportunities” for growth and innovation in the industry.

J M Baxi is one of only two Indian companies to earn a spot on this prestigious global list. With a remarkable 13.5% year-on-year increase in transport capacity, it climbed from 41st place in 2021 to 22nd today, solidifying its role as a key player in the specialized transport industry. This is also showcasing the company’s ability to scale operations and deliver value.

Based on total transport carrying capabilities, International Cranes and Specialized Transport creates the IC Transport 50 list annually.

With six American companies (including six of the top eight) and two Middle Eastern companies, as well as one each from Europe and India, the fastest-growing transport companies during the past 12 months reveal a lot about where the sector stands at the moment.

Wider conglomerates involved in ports and logistics, such as Kuwait-based Integrated Logistics and India’s JM Baxi, are among the businesses on the list with the quickest pace of growth.

This milestone highlights how JM Baxi continues creating opportunities for progress in logistics, ports, and cargo operations while contributing meaningfully to India’s maritime ecosystem. It’s a moment of pride for J M Baxi as it focuses on building on this momentum and delivering even greater value to its clients and partners worldwide.

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The IC Transport 50 list, which is based on the annual growth in the overall transport capacity of the enterprises with the greatest fleets of specialized trailers, modular trailers, and dollies worldwide, is the basis for the top 10 growth league.

Tags: IC Transport 50IndiaJ M Baxi
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