Dubai’s Jafza records 30% growth in new customer registrations in 2022
DUBAI : Dubai’s Jebel Ali Free Zone (Jafza) recorded a 30 per cent growth in customer registrations in 2022, boosted by an influx of Chinese companies. Last year marked the highest number of new
GEODIS concludes the acquisition of trans-o-flex in Germany
FRANCE : GEODIS announces the finalization of the acquisition of trans-o-flex, following regulatory approval. trans-o-flex is a leading German network for temperature-controlled pharmaceutical goods and express premium delivery. This acquisition will establish GEODIS as
Allcargo to buy its partner CCI’s contract logistics business
MUMBAI : Allcargo Logistics said Monday plans to buy out the contract logistics business of its joint venture partner CCI Integrated Logistics and sell it the customs clearance segment, as a means of consolidating its
Kuehne+Nagel signs logistics service agreement with GMR Aero Technic, India’s leading MRO
HYDERABAD : Kuehne+Nagel, a leading global logistics company, announced that it has signed a three-year logistics service contract with GMR Aero Technic, a subsidiary of GMR Hyderabad International Airport Limited. With the contract, Kuehne+Nagel
Logistics Firm Pidge raises $3mn in Pre-Series A Round, led by Mountain Partners
GURUGRAM : Logistics firm Pidge announced that it has secured $3mn in funding led by leading European VC, Mountain Partners to expand its logistics SaaS solution. Pidge combines SaaS and Network capability creating India’s
PM addresses Post Budget Webinar on ‘Infrastructure and Investment’
NEW DELHI : The Prime Minister, Shri Narendra Modi, addressed a Post Budget Webinar on the subject of ‘Infrastructure and Investment: Improving logistic efficiency with PM Gatishakti National Master Plan’. It is the eighth
AP’s new industrial policy to boost the State’s logistics sector
VISAKHAPATNAM : The Andhra Pradesh government is planning to give a push to the logistics sector in the State with its new industrial policy which is on the anvil. The impending policy is expected
Indian Railways records best ever February Monthly freight loading of 124.03 MT in February ’23
NEW DELHI : Indian Railways has recorded best ever February Monthly freight loading of 124.03 MT in February ’23. The incremental loading in the month of February has been 4.26 MT i.e. a growth