In order to facilitate exim trade in Kochi, container logistics major Gateway Distriparks (Kerala) (GDKL) began operation of container freight station (CFS) through the ICTT Vallarpadam. The CFS’s proximity to ICTT will primarily help in lowering transaction costs for importers and exporters and strengthen the trade. This is the first container freight station located opposite to ICTT Vallarpadam to facilitate the exim trade in the region. Spread across 6.5 acre, the CFS will have warehousing facilities and container storage facilities. It will also provide for a separate area which will permit Customs authorities to inspect cargo on wheels. GDKL owns another 22 acre of land in Kalamassery which will be developed in the next phase, the officials said.GDKL, incorporated in 2006, is a joint venture between GDL and Chakiat Group with 60 per cent and 40 per cent respectively. GDL is one of the largest players in the container logistics industry with CFSs at Mumbai, Chennai, Vizag and now Kochi.