Made in China’ products are running into new logistics problems
BEIJING : Chinese companies wanting to go global are running into shipping problems. Access to cheap manufacturing at home gave Chinese businesses an advantage overseas. But it’s turning into a disadvantage now, as the
IPO-bound Delhivery inks $200 mn deal to acquire rival Spoton Logistics
The logistics startup, backed by marquee investors such as Carlyle, Softbank, and Tiger Global Management has sealed the $200 million deal to acquire a 100% stake in the rival logistics player IPO-bound Delhivery has
Allcargo acquires 65% stake in Swedish logistics firm Nordicon Group
MUMBAI : Allcargo Logistics, the country’s largest integrated logistics player in the private sector,on Friday announced its second large overseas acquisition snapping up a 65 per cent ownership in a USD 44 million joint
Supply chain tech firm 3SC raises $15 mn to expand across Europe, SE Asia
BENGALURU : The company plans to strengthen its existing software as a service (SaaS) and Analytics as a service (AaaS) based SCM solutions through both organic and inorganic routes. 3SC (SS Supply Chain Solutions Pvt Ltd),
Mahindra Logistics clocks Rs 873 Cr as Q1 FY22 revenue; PAT Rs 9 Cr, up 155% YoY
MUMBAI : India’s leading 3PL solutions provider Mahindra Logistics announced its consolidated financial results for the quarter ending June 30, 2021. Q1 FY22 performance compared with Q1 FY21 Revenue Rs 873 crores as compared
Stavan International enhances Cold Chain Solution service
AHMEDABAD : In the field of logistics, there are plenty of challenges .The most crucial issue is to handle the temperature of the content that is being transported. Another huge challenge is driver management.
DB Schenker sees uptrends in second quarter
ESSEN : More passengers, more freight and higher revenues: Deutsche Bahn (DB) has seen a noticeable uptrend as of the second quarter of 2021. As Covid-19 restrictions were lifted in Germany, demand for long-distance
COVID-19, viability issues & turf tussles stall govt’s mega plan for logistics parks
NEW DELHI : The government’s plan to set up 35 Multi-Modal Logistics Parks (MMLP) across the country to reduce logistics costs is facing numerous hurdles, and barely four of the proposed projects have been