May 26, 2026
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Spike in freight costs to hit exporters : Ind-Ra

July 31, 2024 Container, EXPORT, Logistics, Shipping Line, Trade, Trending News
MUMBAI : A recent four-fold spike in container freight costs, could hit Indian exporters’ profit margins and enhance their working capital requirements through 2024-25 if there is no respite soon, with smaller players likely to

TVS SCS profit momentum continues; Q1 PAT at Rs. 7.5 Cr

July 31, 2024 Logistics, Company, Trade, Transport, Trending News
CHENNAI : TVS Supply Chain Solutions Limited, a global supply chain solutions provider and one of the largest and fastest growing integrated supply chain solutions providers in India, on Tuesday announced its consolidated unaudited

“Excited For Future Collaborations”: Gautam Adani after meeting FedEx CEO

July 30, 2024 Logistics, Air cargo, Company, Global Trade, Ports, Private Port, Trade, Trending News
AHMEDABAD : Mr. Gautam Adani, Chairman, Adani Group, on Monday had an “insightful meeting” with FedEx CEO Mr. Rajesh Subramaniam, adding that he is “excited” about future collaborations with the global logistics company. In

Vikas Chaube assumes charge as Director of NHSRCL

July 30, 2024 Railway, Infrastructure, Logistics, Trending News
NEW DELHI : Shri Vikas Chaube assumes charge as Director on 24th July 2024 at National High Speed Rail Corporation Ltd(NHSRCL). He is an IRTS officer of 1996 batch. Before assuming this charge, Shri

DTDC launches Drone Delivery Services in partnership with Industry-leading Skye Air Mobility on its 35th Foundation Day

July 30, 2024 Logistics, Company, Trending News
NEW DELHI : DTDC Express Ltd, one of India’s leading express logistics service providers, enters its 35th foundation year with the launch of its latest last-mile innovation – Drone-based Deliveries. Through a strategic partnership

Bangladeshi garment shippers experiencing delays must pay more as they resort to using air freight

July 30, 2024 EXPORT, AIR LOGISTICS, Logistics, Maritime, Trade, Trending News
DHAKA : Due to curfews that impeded maritime transport, Bangladeshi garment manufacturers are forced to use expensive airfreight to meet rising consumer demand. However, buyers are unwilling to absorb the increased expenses. Furthermore, sources

DPIIT promotes green logistics industry balancing economic growth and environment

July 29, 2024 Trending News, Infrastructure, Logistics, Railway, Transport
NEW DELHI : The Government recognizes the importance of sustainable logistics for India’s economic growth and environmental well-being. Several initiatives have been taken to promote sustainable Logistics Industry, leveraging technologies including digitalization and automation.

Logistics funding drops 90% in two years : McKinsey

July 29, 2024 Logistics, Global Trade, Trending News
After reaching an unprecedented $25.6 billion in 2021, venture funding for logistics start-ups fell to just $2.9 billion in 2023 — a two-year plunge of nearly 90 percent, and the lowest level of funding

Transforming India’s Road Infrastructure – Connecting India like never before

July 29, 2024 Logistics, Infrastructure, Transport, Trending News
NEW DELHI : India’s road infrastructure has seen significant advancements over the past decade, driven by the Government’s dedicated efforts and strategic initiatives. From enhancing national highways and promoting environmental sustainability to improving rural

Bahri’s profits soar by 48% in Q2 2024, boosted by higher shipping volumes

July 29, 2024 International Shipping, Logistics, Trending News
RIYADH : The National Shipping Company of Saudi Arabia (Bahri), listed on the Saudi Exchange, announced its financial results for the second quarter and first half of 2024. The shipping and logistics provider reported
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