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Delhivery–Spoton combination is not supplementary but complementary
9 Aug 2021 11:46 AM ISTAugust 9, 2021: Delhivery, the IPO-bound express logistics company, signed an agreement to acquire 100 percent stake in rival express logistics player...
Amazon Prime Air on verge of shuttering UK drone delivery operations
7 Aug 2021 6:08 PM ISTAugust 7, 2021: Prime Air, a future delivery system from Amazon, US-based online retail behemoth, designed to safely get packages to customers in 30...
Maersk reports nine-fold YoY net profit growth for Apr-Jun quarter
7 Aug 2021 1:56 PM ISTAugust 7, 2021: In the second quarter of 2021, A.P. Moller – Maersk's revenue grew 58 percent YoY to $14.2 billion from $8.9 billion in Q2 2020 and...
TCI reports 905% YoY profit after tax growth to 47 crore in Q1 FY22
6 Aug 2021 12:51 PM ISTAugust 6, 2021: Transport Corporation of India (TCI), announced its financial results for the first quarter ended on June 30, 2021 with 905.72 percent...
Cold chain marketplace startup Celcius raises $500,000 in seed funding
4 Aug 2021 5:45 PM ISTAugust, 4, 2021: The cold chain marketplace startup, Celcius, has raised $500,000 in a seed funding round with Mumbai Angels Network, a premium...
JNPT records 21% YoY cargo handling growth to 433,533 TEUs in July
4 Aug 2021 5:36 PM ISTAugust 4, 2021: Jawaharlal Nehru Port Trust (JNPT) recorded 433,533 TEUs in July 2021 compared to 344,316 TEUs in July 2020, a growth of 21.15...
