DSV wins bid to acquire DB Schenker
HEDEHUSENE : Danish logistics giant DSV has secured the bid to acquire DB Schenker, the rail logistics division of Deutsche Bahn (DB), for around €14b. According to Reuters, sources within the DB railway sector and
The Souled Store joins forces with Emiza to capture India’s growing Fashion E-Commerce Market
MUMBAI : Emiza, a leading Made-in-India third-party logistics (3PL) provider, has solidified its reputation as a key enabler in India’s booming fashion e-commerce sector with The Souled Store, one of the country’s top omnichannel
India set to play a powerful role for the ambitious IMEEC corridor
NEW DELHI : Indian ports, with their rich historical heritage and strategic importance, are set to play a crucial role in catapulting global trade to the next level. The India-UAE Virtual Trade Corridor deal
Lulu Group to increase food imports from India to Rs 15,000 Crore in two years
ABU DHABI : Lulu Group, a leading retail conglomerate based in Abu Dhabi, UAE, aims to increase its food imports from India to Rs 15,000 crore in the next two years, up from the
‘We will be in a position to export lithium-ion batteries soon’ : Nitin Gadkari
NEW DELHI : Minister for Road Transport & Highways Shri Nitin Gadkari said on Tuesday that India would soon be in the position to export lithium-ion batteries, the rechargeable batteries that are a requirement
West Bengal truckers to go on three-day strike amid overloading dispute ahead of festive season
KOLKATA : Truckers in West Bengal called for a 72-hour strike from Wednesday over a host of demands that includes a ban on overloading, their association said. The strike called by the Federation of
Sharaf Group to invest more in Indian logistics and infrastructure
DUBAI : The Sharaf Group is increasing its investments in India’s logistics parks, infrastructure and food sectors as the country becomes more business-friendly for foreign investors, said a senior executive. Speaking on the sidelines
Attempt to derail goods train in Ajmer, cement blocks kept on freight corridor tracks
AJMER : An attempt to derail a loaded goods train was made in Rajasthan’s Ajmer district by putting two cement blocks on tracks of the Western Dedicated Freight Corridor, railway officials said on Tuesday.