Mahindra Logistics swings to Q3 loss of Rs 17.41 cr on weak supply chain management business
MUMBAI : Mahindra Logistics reported a consolidated net loss of Rs 17.41 crore for the quarter ending in December 2023, compared to a net profit of Rs 1.39 crore recorded in the similar quarter of
Container freight rates out of India continue to soar amid Red Sea crisis
MUMBAI : The boost in container freight rates seen on trades out of India as a consequence of the Red Sea crisis has accelerated in recent weeks, according to the latest market analysis. On
FIATA and GSCC announce visionary MoU to jointly promote academic excellence in sustainable logistics
MUMBAI : FIATA and the GSCC have announced a visionary Memorandum of Understanding to jointly promote sustainability and academic excellence in education in the global freight forwarding and logistics sector with a focus on making
Messe Stuttgart India partners with Startup India to infuse innovation and investments into India’s promising Logistics Startup Ecosystem
NEW DELHI : With the government of India’s ambitious goals, particularly the National Logistics Policy and Gati Shakti initiatives along with the expansion of e-commerce and infrastructural developments, Indian logistics startups are stepping up
MSC strengthens its Europe – South Africa network
GENEVA : Aiming to improve its Europe – South Africa network, MSC has announced the enhancement of its NWC to South Africa Service, effective from March, and the launch of a new feeder service
Indian Railways & India Post introduce New Parcel Policy – ‘JPP-RCS’
NEW DELHI : The government has finalised a new parcel policy that will be executed jointly by the Indian Railways and the Department of Posts, as it seeks to capture a larger share of
PM inaugurates and lays foundation stone for development projects worth over Rs 19,100 crores in Bulandshahr, Uttar Pradesh
NEW DELHI : The Prime Minister, Shri Narendra Modi on Thursday inaugurated and laid the foundation stone for development projects worth over Rs 19,100 crores in Bulandshahr, Uttar Pradesh. The projects are related to
Mumbai-Ahmedabad : Western Railway aims to slash travel time by an hour, trains to run at 160 kmph
MUMBAI : Western Railways (WR) is fervently working towards completing the Mission Raftaar project by the end of this fiscal year. The ambitious project seeks to significantly reduce travel time between Mumbai and Ahmedabad