Aramex and AD Ports Group form JV to develop new NVOCC Enterprise
ABU DHABI : Aramex, the Middle East’s biggest listed courier company, has signed an agreement with Abu Dhabi Ports Group to set up a joint venture to serve the freight forwarding industry. The new non-vessel operating common
Nippon Express Group buys Austria-based global logistics player ‘cargo-partner’
TOKYO : Οwner and founder of cargo-partner Mr. Stefan Krauter has decided to sell the Austrian global logistics firm to Japanese stock-listed Nippon Express Holdings, which is also the parent company of Nippon Express,
DSV to power new facilities with renewable energy
DENMARK : DSV is constructing two new warehouses totalling 175,000 sqm that will be powered entirely by on-site renewable energy. With more than 100,000 sqm of solar panels, DSV’s new facilities in Landskrona, Sweden,
Bolloré Logistics Delhi welcomes its first commercial EV in India
NEW DELHI : The last mile delivery industry has seen a surge in demand in recent years. With this growth, comes the need for sustainable and efficient delivery solutions. In pursuit of its objective
Rivigo by Mahindra Logistics launches its first Express Hub in Bhiwandi
MUMBAI : Rivigo by Mahindra Logistics, part of India’s largest integrated logistics solutions providers, launched its first Express Hub in Bhiwandi. Followed with Luhari and Pune, these new processing centres are a part of
Elgi Sauer Compressors starts expanding operations in Coimbatore
KALLAPALAYAM : Elgi Sauer Compressors, a joint venture between Elgi Equipments and German-based Sauer Compressors Group started in 2008, has expanded its operations in Coimbatore by opening a new manufacturing facility at Kallapalayam. With
A.P. Moller – Maersk expands its warehousing footprint to over half a million sq. ft. in Bangladesh
DHAKA : A.P. Moller – Maersk (Maersk) on Monday announced the expansion of its warehousing footprint in Chattogram. Commissioned in cooperation with ISATL, Maersk has embarked on the second phase of its partnership with ISATL, which
Great Eastern Shipping net profit up 282 % at Rs721.94 cr for Jan-Mar quarter
MUMBAI : The Great Eastern Shipping Co Ltd, India’s biggest private ocean carrier by fleet size and revenues, said its January-March 2023 net profit soared 282 percent to Rs 721.94 crore from Rs 188.97