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The corridor offers the shortest possible route between Iran and Kyrgyzstan, with TIR saving up to five days on the usual transit time.

Kyrgyzstan-Tajikistan-Afghanistan-Iran TIR corridor opens for freight

7 March 2020 5:28 PM IST
March 7, 2020: Following the first successful TIR pilot operation from Bandar Abbas (Iran) to Tajikistan via Afghanistan, the...
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The domestic cotton spinning industry is highly dependent on exports, particularly to China.

Coronavirus: Cotton industry suffers as China accounted for one-third of exports

6 March 2020 3:21 PM IST
March 6, 2020: The coronavirus outbreak in China has not spared India’s cotton yarn exports either and has started exerting pressure on yarn...
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The open offer is expected to be launched in March 2020 and closed by April 2020.

Allcargo set to acquire up to 46.83% equity stake in Gati after SEBI approval

6 March 2020 11:33 AM IST
March 6, 2020: Allcargo Logistics is set to emerge as a controlling stakeholder in Gati, as it has received Securities and Exchange Board of India...
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The warehouse spans 1,12,000 square feet and serves as the primary distribution centre for Benetton India.

FSC opens 1,12,000 sq ft national distribution centre for Benetton near Delhi

2 March 2020 5:48 PM IST
March 2, 2020: Future Supply Chain Solutions (FSC) announced the inauguration of the National Distribution Centre of Benetton India at Koka, Jhajjar...
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Rhenus India specializes in providing Integrated Logistics Solutions operating out of 69 offices and warehouses across the country with an employee strength of over 1600.

Rhenus Logistics leases 3.5 lakh sq ft from Embassy Industrial Parks in Gurugram

2 March 2020 10:29 AM IST
March 2, 2020: Embassy Industrial Parks leased 3.5 lakhs square feet of warehousing solutions to global 3PL player Rhenus Logistics at their...
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The situation is more alarming in the case of intermediates of stages prior to APIs and KSMs which are the building blocks for the drugs, wherein, in some cases, China is the exclusive supplier.

Coronavirus: Find out how much Indian pharma is exposed to Chinese Imports

22 Feb 2020 4:15 PM IST
February 22, 2020: The credit rating agency, ICRA has revised its outlook on the Indian pharmaceutical industry from stable to negative in view of the...
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As per the government of India report of July 2019, India has eight FTWZs of total 361 hectares in various parts of the country.

India needs more free trade warehousing zones with big logistic investments: N Sivasailam

21 Feb 2020 2:32 PM IST
February 21, 2020: Special secretary (Logistics) to Ministry of Commerce, N Sivasailam noted that India needs to develop more free trade warehousing...
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Blume Global has more than 25 years of data insights, its globally connected network, and advanced technologies to help improve service delivery and reduce costs.

Blume Global opens new Asia-Pacific regional office in Hong Kong

21 Feb 2020 11:53 AM IST
February 21, 2020: The global logistics and digital supply chain solutions company, Blume Global announced the company’s new Asia Pacific regional...
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In the in transit types of thefts, thieves drive a vehicle behind a moving cargo truck, board the vehicle, and then throw goods to trailing accomplices.

India accounted for 64% of Asia’s cargo theft in 2019: BSI & TT Club report

20 Feb 2020 1:43 PM IST
February 20, 2020: The ‘BSI and TT Club Cargo Theft Report 2020’ released on Wednesday stated that of all Asian cargo theft in 2019, 64 percent...
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He will be reporting to R Dinesh, managing director of TVS Supply Chain Solutions.

TVS Supply Chain Solutions appoints TCS veteran Ravi Viswanathan as new joint MD

19 Feb 2020 12:33 PM IST
February 19, 2020: The end-to-end supply chain management services company, TVS Supply Chain Solutions announced the appointment of Ravi Viswanathan...
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: The BSE listed company also saw a profit of Rs 79.37 lakh in the quarter ended in December 2019.

Tiger Logistics registers 56% profit decline in Apr-Dec 2019

17 Feb 2020 11:39 AM IST
February 17, 2020: The freight solutions company, Tiger Logistics India, registered 56 percent decline in profits to Rs 204.82 lakh during the nine...
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The multimodal transport businessof Allcargo clocked total volumes of 185,408 TEUs for the quarter ended in December 2019, an increase of 10.4 percent as against last year.

Allcargo Logistics registers 7.1% profit increase in 2019

14 Feb 2020 11:21 AM IST
February 14, 2020: Allcargo Logistics announced its unaudited financial results for the quarter and nine months ended December 31, 2019, with 7.1...
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