Bhanushali, who was president of Gateway Rail so far, would continue to report to Gateway Rail Chairman and Managing Director Prem Kishan Gupta, a company statement said.
He has been with the company since 2007 and had worked with the state-run Container Corporation of India (CONCOR) earlier.
Gateway Rail is one among 11 private container train operators and operates 21 train sets between its terminals in Garhi Harsaru, Ludhiana and Faridabad, as well as west coast ports.