Transindia Real Estate signs deal to sell logistics park in Gurgaon for Rs 636.71 cr
MUMBAI : Transindia Real Estate Limited, an Allcargo Group company has signed a definitive agreement to sell its logistics park at Jhajjar in Haryana at an enterprise value of approximately Rs 636.71 crore. The
EFL 3PL expands operations in India with the launch of flagship distribution center in Mumbai
MUMBAI : EFL 3PL, a subsidiary of EFL Global announced the launch of its flagship Grade A warehousing facility in the vibrant Bhiwandi region of Mumbai. This strategic expansion, with an investment of USD 5Mn, marks a significant milestone in EFL 3PL’s
Maersk issues warning on prolonged Red Sea disruptions, supply chain challenges
COPENHAGEN : Maersk, a key player in the global shipping industry, has issued a cautionary note, indicating that disruptions to container shipping through the Red Sea may extend into the second half of the
Bahri wins Guinness World Record for largest mobile desalination plant
RIYADH : Bahri Desalination, a specialized business unit of the National Shipping Company of Saudi Arabia (Bahri), the global shipping and logistics leader, has established a new milestone in seawater desalination production, reinforcing its
DPIIT and World Bank jointly organise National Workshop on Logistics Efficiency Enhancement
NEW DELHI : The Department for Promotion of Industry and Internal Trade (DPIIT), Ministry of Commerce and Industry in collaboration with the World Bank Group organised a National Workshop on Logistics Efficiency Enhancement, on February 27 2024, that brought together
PSA International welcomes new Group CEO, Ong Kim Pong
SINGAPORE : Mr Kim Pong ONG has assumed the position of PSA International Group CEO on 1 March, and is a member of its Board. PSA is a leading global port operator and supply
Indian Railways achieve 1434.03 MT freight loading till February, 2024
NEW DELHI : On cumulative basis from April 2023 – February 2024, freight loading of 1434.01 MT was achieved by Indian Railways against last year’s loading of 1367.5 MT, an improvement of approximate 66.51
LogiMAT India 2024 : Indian logistics market to grow at 8.8% annually to $484.43 bn by 2029
NEW DELHI : Indian freight and logistics market is estimated to grow at 8.8 per cent annually to USD 484.43 billion by 2029 from USD 317.26 billion in 2024 due to technological advancement, as per a