Allcargo Logistics to buy 90% equity, OCDs in Madanahatti Logistics for Rs 24 Cr
MUMBAI : Allcargo Logistics stated that it has entered into a securities purchase agreement (SPA) with BRE Asia Urban Holdings to acquire 90% equity share capital and optionally convertible debentures (OCDs) of Madanahatti Logistics
Megaload is born, a joint venture between Express Global Logistics Pvt Ltd (EXG) and Fagioli SpA
MUMBAI : Express Global Logistics Pvt. Ltd. (EXG), a 77-year-old asset based integrated project logistics company and Fagioli SpA, among the sector world leaders in engineering and large handling, with more than 50 years’
Indian Railways is going to introduce OTP-based digital locking soon for freight-package trains
NEW DELHI : The Indian Railways will soon introduce a digital locking system based on OTP to prevent thefts on board its freight and package trains, a senior official said Tuesday. The system will,
NVOCCs or Freight Forwarders spend 80% of their time fixing problems : Christian Roeloffs
DENMARK : Christian Roeloffs, co-founder and CEO, Container xChange, said the number of processes involved in sourcing and transporting a container, and the low-tech nature of those processes, leads to labour-intensive problem solving when
Indian Railways to have dedicated corridors for cement sector
NEW DELHI : The Indian Railways will develop dedicated corridors to meet requirements of the cement sector, particularly passing through areas which have high concentration of such factories and raw materials such as clinker, limestone and flyash. Sources
GEODIS partners with Volvo Australia to pilot electric trucks for freight forwarding
FRANCE : GEODIS, a global leader in the transport and logistics sector, has joined hands with Volvo Australia to pilot the first Fully Electric (FE) variant truck for freight forwarding within the Australian market.
CMA CGM Air Cargo adds Shanghai flights
MARSEILLE : CMA CGM Air Cargo has become the latest airline to expand its services to China. The French airline, owned by shipping giant CMA CGM, began flying an Airbus A330-200 freighter four times
DSV purchases sustainable aviation fuel to reduce emissions for all its 2023 business air travel
DENMARK : To reduce its carbon emissions, DSV will replace fossil jet fuel with SAF for all 2023 business travel. The initiative will bring the leading transport and logistics company closer to realising its