TVS SCS returns to profitability in Q3 FY24 with PAT of 10.0 Cr
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 Monday announced its consolidated unaudited financial
EV push in Budget to give fillip to Warehousing & Logistics sectors
NEW DELHI : The government’s ambitious push for electric vehicles (EV), outlined in the interim budget for FY25, is poised to revolutionise not just transportation but also industries such as modern warehousing. By extending support to
Menzies Aviation and Eurus Express to forge new JV to support sustainable growth in China
LONDON : Menzies Aviation, the leading service partner to the world’s airports and airlines, has signed a Memorandum of Understanding (MoU) with leading logistics company, Eurus Express. Together, they will explore the opportunities to
Gujarat Budget 2024-25 Highlights : Investments in Logistics and Infrastructure
GANDHINAGAR : In the logistics sector, the government has decided to double the recycling capacity of shipbreaking yard at Alang from 4.5 million LDT to 9 million LDT. A provision of ₹100 crore made
Adani Port’s logistics to boost cargo growth in the next 3-4 years
AHMEDABAD : Adani Ports and Special Economic Zone’s logistics business is expected to catch up with the ports business and drive cargo growth over the next 3-4 years as the company is doubling down on
Red Sea crisis: Costs up, but no adverse impact on India’s trade so far, says official
MUMBAI : There is no adverse impact on India’s exports and imports so far due to the Red Sea crisis, an official said. The official said that the transportation cost has increased as the shippers are
Red Sea attacks force firms to test new land routes via UAE, Saudi
CAIRO : An Israeli software startup and one of the world’s biggest shipping lines are among companies that for the first time are opening up commercial trade routes running through the heart of the Middle East to bypass
Red Sea attacks: US, UK, allies strike Yemen’s Houthi-controlled areas
WASHINGTON : Militaries from the United States and the United Kingdom conducted additional strikes against the Houthi-controlled areas in Yemen on Saturday, US Defence Secretary Lloyd Austin has said. In a statement issued on