Latest News - Page 23

Securing wagons via 10-year operating leases is a strategic move for flexible, capital-efficient asset management.

Proceeds will repay ₹216.78 crore in borrowings, allocate ₹130 crore for working capital, and fund general corporate purposes.

The cost was determined by evaluating real estate lock-ins, facilities, and with managing the newly acquired workforce.

Construction will begin in February 2026, with Phase 1 operations expected by February 2027.

Group revenue declined in the third quarter to EUR 20.1 billion (Q3 2024: EUR 20.6 billion) due to currency effects. EBIT increased to EUR 1.5 billion...

Maersk now projects full-year underlying EBITDA to be between $9 billion and $9.5 billion

Pabari will take charge form 1 January 2026; Agarwal will remain with Delhivery until December 31, 2025

The decline was primarily attributed to one-time integration costs related to the company's acquisition of Ecom Express.

The new Maersk Mega Distribution Centre expands Malaysia’s logistics capacity, boosting regional connectivity and efficiency.

New platform offers lane-level freight pricing data to help Indian shippers and transporters plan better

The airline informed that cargo yields decreased by 6% due to softening demand in some market segments amidst tariff concerns.

The CONCOR-owned container is being routed to the Maldives via the company's ICD at Tondiarpet (TNPM), Chennai.