Logistics startups slash jobs as freight volumes drop
SAN FRANCISCO : Last year saw a surge in layoffs in the logistics sector as freight volumes declined. So far, 2024 isn’t shaping up to be much better for the
KEZAD Group announces AED 621m investment for New Warehousing Capacity
ABU DHABI : Khalifa Economic Zones Abu Dhabi – KEZAD Group, the largest operator of integrated and purpose-built economic zones, today announced that it has commenced the development
CONCOR and Indian Oil sign MOU for Collaborative Logistics Ventures
NEW DELHI : In a significant event witnessed by dignitaries including Shri. Sanjay Swarup, CMD CONCOR, and Shri Sujoy Choudhary, Director (Planning & Business Development, Indian Oil, a
Mahindra Logistics swings to Q3 loss of Rs 17.41 cr on weak supply chain management business
MUMBAI : Mahindra Logistics reported a consolidated net loss of Rs 17.41 crore for the quarter ending in December 2023, compared to a net profit of Rs 1.39 crore
Container freight rates out of India continue to soar amid Red Sea crisis
MUMBAI : The boost in container freight rates seen on trades out of India as a consequence of the Red Sea crisis has accelerated in recent weeks, according
FIATA and GSCC announce visionary MoU to jointly promote academic excellence in sustainable logistic
MUMBAI : FIATA and the GSCC have announced a visionary Memorandum of Understanding to jointly promote sustainability and academic excellence in education in the global freight forwarding and logistics
Messe Stuttgart India partners with Startup India to infuse innovation and investments into India’
NEW DELHI : With the government of India’s ambitious goals, particularly the National Logistics Policy and Gati Shakti initiatives along with the expansion of e-commerce and infrastructural developments,
MSC strengthens its Europe – South Africa network
GENEVA : Aiming to improve its Europe – South Africa network, MSC has announced the enhancement of its NWC to South Africa Service, effective from March, and the
Indian Railways & India Post introduce New Parcel Policy – ‘JPP-RCS’
NEW DELHI : The government has finalised a new parcel policy that will be executed jointly by the Indian Railways and the Department of Posts, as it seeks
PM inaugurates and lays foundation stone for development projects worth over Rs 19,100 crores in Bul
NEW DELHI : The Prime Minister, Shri Narendra Modi on Thursday inaugurated and laid the foundation stone for development projects worth over Rs 19,100 crores in Bulandshahr, Uttar