Indian Transport & Logistics

CMA CGM Group enters into exclusive discussions to acquire La Méridionale

15 Feb 2023 7:33 PM IST
With this acquisition, CMA CGM Group hopes to expand its presence in the Mediterranean while also strengthening the port of Marseille and the French...

udaanCapital disburses ₹4000+ cr in supply chain financing to MSMEs in last two years

15 Feb 2023 6:23 PM IST
The platform caters to the working capital supply chain financing requirements of last-mile distributors and retailers of emerging and established...

China Airlines selects IBS to modernise cargo operations

14 Feb 2023 4:15 PM IST
Move will continue China Airlines journey as one of the leading digital carriers in the APAC region

Container shipping stock prices resilient: Drewry

14 Feb 2023 3:29 PM IST
Despite continuous fall in freight rates, stock prices of major liners are consolidating at historically low valuations

Boeing to set up logistics centre in India

14 Feb 2023 1:18 PM IST
Center to support regional customers, maintain higher fleet utilization and mission readiness rates.

Garuda Aerospace raises $22 million, led by SphitiCap

13 Feb 2023 7:19 PM IST
With the investment, Garuda drones will be upgraded further in terms of cargo capacity, endurance, sensor quality, and data embedding with new...

AISATS to develop multimodal cargo hub at Noida International Airport

13 Feb 2023 1:50 PM IST
AISATS received the ‘Letter of Award’ (LOA) at the UP Global Investors Summit.

Qbit appoints Nitin Mirchandani as new CEO

10 Feb 2023 1:37 PM IST
Nitin comes with over 25 years of experience in building companies ground up.

ECU Worldwide appoints Jitesh Shetty as global head of ECU 360

10 Feb 2023 12:56 PM IST
In this role, he will report to Vaishnav Shetty, chief digital officer of the Allcargo Group.

Zypp raises $25 mn led by Taiwanese battery swapping platform Gogoro

10 Feb 2023 12:06 PM IST
With this fund, Zypp Electric will expand its EV scooter fleet from 10,000 to 2 lakh and widen footprint to 30 cities by Dec 2025.

Gati records highest ever quarterly revenue of ₹379 crore in Q3 FY2023

9 Feb 2023 6:42 PM IST
The express logistics company’s EBITDA grew 89% in 9M FY23 YoY to ₹60 crore with tonnage growth of 20%.

Snowman Logistics ventures into the chemical industry

9 Feb 2023 5:16 PM IST
Opens its first A-grade dry warehouse in Tamil Nadu for storing and distributing chemicals
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