Blackstone secures LOGOS India’s 5 Million Sq Ft Warehousing Portfolio for ₹1,725 Crore
CHENNAI : US-based private equity firm Blackstone Group has acquired nearly 5 million sq ft operational and leased warehousing assets from logistics company LOGOS India for more than Rs 1,725 crore, said people with direct knowledge of the
Shiprocket appoints industry veteran Vivek Sharma as VP of International Shipping
NEW DELHI : Shiprocket, India’s leading eCommerce enablement platform, announced the appointment of Vivek Sharma as Vice President of International Shipping. With over 35 years of extensive experience in international logistics, Vivek brings expertise
LTS Global Solutions expands Global Footprint with New India Hub
NEW DELHI : LTS Global Solutions expands Global Footprint with New India Hub. The company’s new office will act as a central hub for its operations within the subcontinent, where it will provide logistics
Riyadh Development Company and Agility Logistics Parks sign Strategic Partnership Agreement to Develop SAR 227 million Logistics Facility
RIYADH : Riyadh Development Company (ARDCO), a publicly listed Saudi real estate development and development management company, and Agility Logistics Parks (ALP), announced the signing of a strategic partnership to build a state-of-the-art warehousing facility at
Logistics costs in India will come down from 16% to 9% in 2-3 years : Gadkari
MUMBAI : Union Minister of Road Transport and Highways Shri Nitin Gadkari said the government plans to cut India’s logistics costs to single-digit levels in the next 2-3 years, aiming to boost India’s economic competitiveness.
CONCOR MMLP Barhi providing domestic train service
NEW DELHI : CONCOR MMLP Barhi is pioneering as an alternative for providing domestic train service to trade in Delhi NCR area. The terminal have services for Chennai and Gandhidham on a regular basis
Cellecor Gadgets Limited partners with DTDC Express, TCI Express, OM Logistics and Express Roadways to strengthen Supply Chain efficiency
NEW DELHI : Cellecor Gadgets Limited, one of India’s fastest-growing consumer electronics brands, has announced partnerships with TCI Express Limited, DTDC Express Limited, OM Logistics Limited, and Express Roadways Private Limited to enhance its
ADB approves $350 Million loan to modernise India’s Logistics Sector
NEW DELHI : The Asian Development Bank (ADB) has approved a $350 million policy-based loan to assist India in strengthening and modernising its logistics sector. According to a statement issued by the bank on