MUMBAI : Mahindra Logistics Ltd. has agreed to form a joint venture with Japan’s Seino Holdings Co. to address warehousing and trucking needs of Japanese auto firms operating in India. The joint venture, an
MANDI : Union Minister Shri Nitin Gadkari said on Wednesday that the government has set a target of eliminating diesel and petrol vehicles within 10 years. “I want to eliminate diesel and petrol vehicles
CALIFORNIA : Companies transporting goods from Asia face costs of as much $10,000 for an urgent full-size shipping container over the next month — about double current spot rates, according to prices circulating between carriers and
By Mr. Vivek Juneja, Founder & Managing Director, Varuna Group The safe and efficient transportation of goods is crucial for businesses of all sizes, highlighting the indispensable role of reliable logistics partners. Ensuring secure
NEW DELHI : The two-wheelers export is witnessing a year-on-year upward in H1 with 3,20,877 units exported in April. According to the Society of Indian Automobile Manufacturers (SIAM) data, the total two-wheeler exports reported
TAIWAN : Yang Ming Marine Transport’s management said at the company’s shareholders’ meetingthat the company anticipates 2024 to become a rare fifth straight profitable year. In 1Q 2024, Yang Ming’s net profit tripled to
NEW DELHI : Logistics cost has serious implications on the country’s manufacturing sector, export competitiveness and global positioning. The Red Sea route, which is shorter and faster, was the preferred choice for most shipping companies.
NEW DELHI : NHAI has a monetisation potential of Rs 53,000 to 60,000 crore from the sale of 33 road assets through the toll-operate-transfer and Infrastructure Investment Trust mode that it has lined up
NEW DELHI : The share of Passenger Vehicle (PV) exports relative to total production in India reached its lowest in a decade in 2023, notwithstanding the government’s ambitions to transform the country into a
SINGAPORE : Leading global logistics service provider GEODIS, received the Best Cargo Transportation Company Award at LogiSYM Awards, held in Singapore. The award, Best Cargo Transportation Company, recognises GEODIS’ expertise in the supply chain