Indian Transport & Logistics

Logistics - Page 116

No space to store goods in U.S, Prologis says

28 Oct 2021 6:43 PM IST
Warehouse space is effectively sold out in the U.S as demand has pushed the vacancy rate to a new low of 3.9 percent. "What is available is...

FM Logistic triples India business; plans to double warehousing space

27 Oct 2021 4:48 PM IST
FM Logistic India, the country arm of the French parent multinational 3PL company FM Logistic, on Tuesday announced that it has recorded a turnover...

COGOS expands to 30 new towns by ramping up fleet by 1,000 vehicles

27 Oct 2021 12:26 PM IST
Bangalore based enterprise logistics company, COGOS has ramped up its fleet by more than 1000 vehicles to meet the festive demand. This new addition...

India key driver as DP World reports 12% volume growth for 9M CY2021

26 Oct 2021 6:49 PM IST
DP World handled 58.4 million TEU (twenty-foot equivalent units) across its global portfolio of container terminals in 9M2021, with gross container...

High ocean freight rates, air demand drive DSV profit to DKK 8 billion

26 Oct 2021 2:00 PM IST
DSV, one of the world's largest freight forwarding companies based in Copenhagen, Denmark, more than doubled its net profit to DKK 8 billion for the...

Learn how digitalisation catapulting automation at Materials Handling Middle East

25 Oct 2021 3:40 PM IST
Putting automation into laser focus will be the 11th edition of Materials Handling Middle East (MHME), the region’s dedicated trade show for...

Explore future of logistics, Hyperloop deliveries at Hypermotion Dubai

25 Oct 2021 10:36 AM IST
The trade fair, congress and event organiser Messe Frankfurt announced that the future of travel is taking shape now, and will come into clear focus...

ZIM buys 7 ships in move from charters to owning vessels

22 Oct 2021 3:40 PM IST
In a clear move away from chartering to owning ships, Israeli carrier ZIM Integrated Shipping Services announced the acquisition of seven secondhand...

Sitics to hit ₹200 cr revenue this fiscal; aims for ₹1,500 cr by 2026

21 Oct 2021 1:11 PM IST
Sitics Logistic Solutions has bucked the pandemic-induced downward economic growth trend and is eying revenue to the tune of ₹200 crore by the end of...

Kuehne+Nagel 9 months turnover up 47% on freight growth

20 Oct 2021 5:23 PM IST
We do not expect any significant change in the constrained market situation, Dr. Detlef Trefzger, CEO of Kuehne + Nagel International AG, said while...

Snowman’s revenue grows to ₹70 cr in Q2 as strategies start delivering

20 Oct 2021 3:48 PM IST
During the quarter ended September 30, 2021, Snowman Logistics recorded revenue of ₹70 crore against ₹57 crore in Q2 FY20-21. 

Gati ramps up network capacity by 25% to meet festive demand

20 Oct 2021 2:20 PM IST
Express distribution company Gati has ramped up its network capacity by 25 percent by adding 100 line haul trucks to its flexi network to connect the...
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