Allcargo ropes in turnaround experts Alvarez and Marsal to revive logistics company Gati
Allcargo is trying to find out new ways of doing business, in its freight forwarding and other businesses, adding that air and sea cargo operations would be integrated so shipments not going via China would air routed through Dubai.
Etail, logistics companies get green light in Odisha
In a notification on April 13, the state said home delivery of all goods through ecomm w...
Cargoes in limbo: Logistics companies suspending operations
Air freight operators and logistics firms are being forced to suspend operations ...
Some think out of the box, hire talent as others shed
A stream of startups has been firing employees over the past month, but a few have bucked the trend to continue hiring.
Logistics startup Shiprocket elevates CBO Akshay Ghulati as co-founder
Shiprocket recently raised Series C round funding of $13 million from Tribe Capital, Innoven Capital along with existing investors including Bertelmann
Logistics marketplace Vahak raises seed funding from Leo Capital
Vahak enables logistic companies to connect with truck owners, brokers, and other transporters pan India through its online platform.
Govt working on National Logistics Policy: Commerce Ministry official
Special Secretary in the logistics division of the ministry, Pawan Agarwal, said the policy will look at several areas such as process re-engineering, digitisation, and focus on multi-modal transport.
Warehousing & logistics sector to grow at 35% in 2021: Report
The Welspun One Logistics Parks (WOLP) report estimates the warehousing and logistics industry to grow at 35% in 2021 as opposed to the earlier predicted demand of 25%.
Logistics companies resume operations as govt acts to clear cargo logjam
Executives at Future Supply Chain, DHL Express, Ecom Express, Safexpress and Spoton Logistics said the operations are beginning to unfreeze, though it will take at least a week for them to smoothen out.
Add Mahindra Logistics, target price Rs 275: ICICI Securities
The add rating is an advisory to be opportunistic in what appears to be an extremely uncertain FY21E.
Trending stocks: Mahindra Logistics stock price flat in early trade
A total of 917 shares changed hands on the counter till 10:49AM (IST).
Mahindra Logistics Q4 results: Net profit falls 59% to Rs 10 crore
The logistics firm had reported a net profit of Rs 24 crore in the corresponding quarter a year ago.
India’s industrial and logistics demand down 30% in Q1 2020
This has been lower than the previous first quarter of last three years (2017 – 2019) demonstrating a contraction of approx due to nationwide lockdown.
Logistics, IT & insurance firms can fix biz disruption fast: Renuka Ramnath
‘Balance sheet damage will be easily measurable for these companies’
Logistics costs set to rise as freighters hike tariffs
Truckers have increased tariffs by up to 80%, said people aware of the matter. Blue Dart has implemented a 25% emergency situation surcharge (ESS).
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