Indian Transport & Logistics

iThink Logistics reports ₹104 crore revenue in FY24

20 May 2024 2:47 PM IST
Building on its global operations, the company is targeting an 8X growth in its international cross-border revenue, aiming to increase it from ₹4...

AD Ports to explore developing terminal in Chittagong Port

20 May 2024 2:03 PM IST
Over 90% of Bangladesh’s international trade is conducted through the ports of Chittagong.

TVS SCS partners with Manchester Metropolitan University for AI

20 May 2024 1:55 PM IST
This partnership focuses on AI governance and how to implement it as a core structure throughout the business.

3SC raises $4 million from GEF Capital

17 May 2024 3:08 PM IST
This funding round follows an earlier Series B round, where 3SC secured $15 million from GEF Capital’s South Asia Fund.

IKEA partners with Rhenus ahead of e-commerce expansion in Delhi

17 May 2024 12:20 PM IST
IKEA along with Rhenus will establish a 150,000 sq ft warehouse facility in Gurgaon capable of storing and fulfilling over 7000+ products.

Drewry says reefer sector to stay strong in 2024 on rising exports

16 May 2024 12:19 PM IST
Strength reinforced by falling reefer freight rates as carriers adjust prices down after pandemic era disruptions

Altigreen completes 50 million KMs; saves 5,300 tonne eCO2

15 May 2024 5:36 PM IST
The eCO2 saved by Altigreen's vehicles is equivalent to approximately 2.52 lakh tree-years.

MatchLog collaborates with DahNAY for sustainable logistics

15 May 2024 5:26 PM IST
By repurposing emptied import containers to fulfill export bookings, MatchLog and DahNAY aim to minimize empty container movements, significantly...

Hapag-Lloyd group profit drops on weak freight rates

15 May 2024 5:17 PM IST
Average freight rate declined 32% to $1,359 per TEU in the first quarter of 2024 compared to $1,999 in Q12023

Shiprocket to upskill 100,000 Indian MSMEs for e-commerce

14 May 2024 4:57 PM IST
Existing Shiprocket sellers will benefit from personalised analytics reports with in-depth analysis on logistics performance and tailored business...

Cold-chain marketplace Celcius raises ₹40 crore

14 May 2024 4:40 PM IST
This follows the Series A funding round of ₹100 crore in April 2023 led by IvyCap Ventures.

Tata Motors launches Tata Ace EV 1000

14 May 2024 4:31 PM IST
The Ace EV is equipped with an advanced battery management system, Fleet Edge telematics system and robust aggregates for best-in-class uptime.
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