Accra: Trust Logistics Limited (TLL) has unveiled six new trucks and two official vehicles as part of efforts to strengthen its operational capacity, improve efficiency, and position the state-owned company for sustainable growth. Speaking at the inauguration, the Managing Director of TLL, Maxwell Ziyerley Agbambilla, emphasized that the acquisition formed part of the company's medium-term strategic plan to replace its ageing fleet and enhance its competitiveness.
According to Ghana Web, Agbambilla highlighted the strategic role TLL plays in transporting petroleum products to critical state institutions, including the Jubilee House, the Ghana Armed Forces, and the Ghana Police Service. He remarked on the national security implications of TLL's operations, emphasizing the importance of its sustenance and growth.
Agbambilla noted that management, with the Board of Directors' support, had developed a strategic plan focused on fleet renewal, improved employee welfare, and increased productivity. "The strategic plan identified the expansion and strengthening of our fleet as critical to improving our operational capacity and positioning the company for growth," he stated.
He further mentioned that the company had already initiated steps to improve the welfare of its workforce through salary increases, and the newly acquired trucks would augment its existing fleet. "Today, the plan is no longer simply a document on paper. We are seeing one of its important objectives becoming a reality," he said.
However, Agbambilla cautioned that the acquisition was only the beginning, stressing that management would be judged by its ability to deploy the assets efficiently and translate the investment into increased revenue and sustainable value. "The real measure of our success will be how efficiently we utilise these assets to increase revenue and create sustainable value for the company," he added.
He appealed to the company's shareholder to consider recapitalising TLL to enable it to become financially viable and profitable. Agbambilla expressed optimism about the company's future, describing the unveiling as a new chapter for TLL, moving from a period of uncertainty towards renewed growth and opportunities.