PICT expands into logistics services business

MG News | July 27, 2026 at 02:21 PM GMT+05:00

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July 27, 2026 (MLN): Pakistan International Container Terminal Limited (PSX:PICT) has entered into the logistics services business, encompassing delivery of containers from container terminals, transportation, cargo handling at container terminals, and last-mile delivery, in line with the company's future business plan.

PICT said the new business line is consistent with its existing expertise and operational capabilities, and forms part of its long-term growth strategy aimed at leveraging its operational strength, existing infrastructure, industry knowledge, and customer relationships to offer integrated logistics and container/container terminal management services.

The company noted that the financial impact of the new business will remain limited and will depend on the pace of development and volume generated over time.

PICT said it would continue to keep the exchange informed on progress relating to its future business plans.

The aforementioned information was disseminated through a notification to Exchange.

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