Indian Transport & Logistics

Altigreen gets ₹300 cr from Sixth Sense, Reliance, Xponentia Capital

11 Feb 2022 4:39 PM IST
India’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 IST
The 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 IST
The 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 IST
NYSE-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 IST
TVS 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 IST
While 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 IST
Envirotainer, 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 IST
Global 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 IST
Continuing 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 IST
High 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 IST
Xpressbees 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 IST
Ecom Express today announced the appointment of Ashish Sikka as chief strategy officer. He will report to T. A. Krishnan, chief executive officer and...
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