Snowman Logistics sustains improved performance in Q2
MUMBAI : Snowman Logistics surged 5.13% to Rs 45.10 after the company reported net profit of Rs 0.47 crore in Q2 September 2021 compared with net loss of Rs 1.73 crore in Q2 September
Kuehne + Nagel reports performance excellence across all business units
SWITZERLAND : Strong global demand for transport services has boosted the Kuehne + Nagel Group’s latest quarterly financial results. All business units were reportedly able to exceed their prior-year results, in some cases significantly.
Government testing blockchain technology to streamline logistics industry
NEW DELHI : In a move towards promoting secure paperless trade, CBIC_India of Finance Ministry explores new frontiers for promoting DigitalIndia by adopting Blockchain Technology for tracking movement of containers to a bonded warehouse.
DP World to develop logistics infrastructure in Jammu Kashmir
NEW DELHI : DP World announced their plans to develop logistics infrastructure in the state of Jammu & Kashmir an MoU was signed between the government of Dubai and the state government of Jammu
Gati strengthens fleet to meet festive demand
HYDERABAD : Gati Ltd, city-headquartered logistics company, has ramped up its network capacity by 25 per cent by adding 100 line haul trucks to its innovative flexi network to connect the demand locations. It
BOLLORÉ Logistics Singapore collaborates with Singapore start-up Botsync to Spearhead autonomous mobile robot development
SINGAPORE : Bolloré Logistics Singapore and Botsync have joined forces to develop MAG300 AMR an AMR-based automation solution. Supported by Enterprise Singapore (ESG), this new solution is the fruit of a one-year extensive collaboration
Maersk cuts container costs to US$1 for Covid-19 supplies in India
COPENHAGEN : Maersk is donating the services of its Special Project Logistics (SPL) unit and charging a symbolic nominal freight cost of US$1 per 40’ container for urgently needed medical supplies to be distributed
Amazon brings in the Boxes on a Bulker
SEATTLE : The trend for shippers to switch goods from container vessels to bulk carriers looks to be picking up pace. Among those taking that route is Amazon. The Port of Houston recently tweeted images