Home > Our Correspondent
Altigreen gets ₹300 cr from Sixth Sense, Reliance, Xponentia Capital
11 Feb 2022 4:39 PM ISTIndia’s leading commercial EV manufacturer Altigreen has raised ₹300 crore (approx. $40 million) investment in its Series A round, to boost its EV...
DRONAMICS appoints three industry veterans as directors of R&D, manufacturing
11 Feb 2022 3:40 PM ISTThe middle-mile cargo drone developer and operator DRONAMICS today has  announced the expansion of its R&D and manufacturing teams with the addition...
FarEye expands to US and Mexico; establishes headquarter in Chicago
11 Feb 2022 3:02 PM ISTThe global SaaS platform provider for last-mile logistics FarEye today announced it has expanded operations in the United States and Mexico, including...
ZIM spends $870 million to charter 13 vessels
11 Feb 2022 11:28 AM ISTNYSE-listed Israeli carrier ZIM Integrated Shipping Services signed a charter agreement with Navios Maritime Partners L.P. to charter thirteen...
Ravi Viswanathan takes over as MD of TVS Supply Chain Solutions
10 Feb 2022 6:26 PM ISTTVS Supply Chain Solutions (TVS SCS), part of TVS Mobility Group, today announced the appointment of Ravi Viswanathan as the managing director.
Sea-Intelligence estimates recovery to take 8-9 months
10 Feb 2022 4:00 PM ISTWhile Covid is now entering an endemic phase, supply chain problems continue to plague the industry.
Envirotainer unveils Releye RAP, largest of new generation Releye containers
10 Feb 2022 9:27 AM ISTEnvirotainer, the global market leader in secure cold chain solutions for air transportation of pharmaceuticals, today launched its latest innovation,...
Supply chain woes boost DSV numbers, profit zooms 71%
9 Feb 2022 4:24 PM ISTGlobal supply chain services provider DSV reported 59 percent growth in revenue at DKK 182.3 billion (approximately $28 billion) and 71 percent growth...
Maersk buys US-based Pilot Freight Services for $1.6 billion
9 Feb 2022 4:09 PM ISTContinuing its vertical integration moves, Danish carrier Maersk plans to acquire US-based Pilot Freight Services for $1.6 billion from ATL Partners,...
Maersk reports 55% increase in 2021 revenue to $61.8 billion
9 Feb 2022 3:12 PM ISTHigh freight rates and integration into logistics saw Danish carrier A.P.Moller-Maersk report a 55 percent in revenue to $61.8 billion in 2021, EBITDA...
Xpressbees raises $300 million in funding from Blackstone, TPG, ChrysCapital
9 Feb 2022 12:48 PM ISTXpressbees today announced it has raised $300 million in a Series F funding round led by private equity funds Blackstone Growth, TPG Growth and...
Ecom Express appoints Ashish Sikka as chief strategy officer
9 Feb 2022 11:48 AM ISTEcom Express today announced the appointment of Ashish Sikka as chief strategy officer. He will report to T. A. Krishnan, chief executive officer and...













