DSV Panalpina A/S completes DKK 30.2 billion acquisition of Global Integrated Logistics from Agility
DENMARK : The expected completion of the acquisition of GIL marks an important milestone on the growth journey for DSV. Within transport and logistics, size is critical and with the acquisition of Agility, DSV
Agility finalizes sale of Global Integrated Logistics (GIL) Business to DSV Panalpina
KUWAIT : Agility, a leader in supply chain services, innovation and investment, announced that it expects to complete the sale of its Global Integrated Logistics (GIL) business to DSV Panalpina A/S (“DSV”) on Monday.
Hapag-Lloyd suspends India – Bangladesh bookings
HAMBURG : The German carrier, Hapag-Lloyd has announced it will temporarily stop accepting bookings from/to Krishnapatnam in India to/from Chittagong in Bangladesh with immediate effect and until further notice. The Hamburg-based container line said
Afghanistan situation to impact trade with India: Exporters
NEW DELHI : With Kabul falling into the hands of the Taliban, bilateral trade between Afghanistan and India will get impacted significantly in these uncertain times, according to exporters. Federation of Indian Export Organisations
Indian Railways begins assured transit time services with Gateway Rail
MUMBAI : Indian Railways ran the first train under the new “Freight Express Scheme”, which assures transit times from ICDs to maritime ports, with GatewayRail’s export train service on the auspicious occasion of Independence
With Afghan in Taliban’s grip, Chabahar port face headwinds
MUMBAI : With the Taliban seizing control of Afghanistan, the India-funded Chabahar port project in Iran has come under a cloud, says officials tracking the project that is of strategic importance to the country.
Adani Group acquires MBCPNL portfolio from Sadbhav Infra for ₹1,680 cr
MUMBAI : Adani Road Transport Ltd (ARTL), a wholly-owned subsidiary of Adani Enterprises Ltd (AEL), on Monday announced that it will be acquiring Maharashtra Border Check Post Network Ltd (MBCPNL), a subsidiary of Sadbhav
DPT holds Board Meeting
GANDHIDHAM : The Deendayal Port Trust held its Board Meeting No.3 of 2021-22 on 16/08/2021. The following trustees, apart from Shri Sanjay Mehta, IFS, Chairman, attended the meeting:- Shri Arvind Chaudhary, IES, Economic Advisor,