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The company is back on its expansion mode and will be starting work on setting up new warehouses during the current year.

Snowman Logistics posts Rs 240 crore revenue for FY 2019-20

6 Jun 2020 11:20 AM IST

June 6, 2020: The cold chain logistics provider Snowman Logistics reported revenue during the financial year 2019-20 as Rs 240.20 crore as against to...

Net loss for the year ended stood at Rs 383 million after accounting for the adverse impact of Rs 641 million exceptional items.

Blue Dart reports Rs 31, 664 mn revenue for 2019-20; loss Rs 383 mn

27 May 2020 3:40 PM IST

May 27, 2020: Blue Dart Express declared its financial results for the quarter and year ended March 31, 2020, at its board meeting held in Mumbai.

The group%u2019sprofit reached AED 1.7 billion ($ 456 million), a decline of 28 percent over last year%u2019s results.

Emirates SkyCargo reports 14% revenue fall to $3.1 bn in 2019-20

10 May 2020 3:07 PM IST

May 10, 2020: The Emirates Group today released in its 2019-20 Annual Report that posted revenue of AED 104.0 billion ($ 28.3 billion) for the...

For FY22, Ind-Ra expects almost the entire value chain to recover above the pre-COVID-19 levels, except standalone freight operators, who will continue to struggle amid low volumes and high debt.

Volumes of Inland logistics to be down by 40-60% in Q1 FY2021: Ind-Ra

23 April 2020 5:50 PM IST

April 23, 2020: India Ratings and Research (Ind-Ra), in its latest update on inland logistics players, believes that the volumes to be down by 10%-15%...

With restrictions on the production of non -essential goods, and shortage of fleet and drivers to move essentials, besides the associated slowdown in economic activity, the near-term implications on the sector are negative.

Revenue of Indian logistics companies to fall 6-8% in FY2021: ICRA

23 April 2020 4:39 PM IST

April 23, 2020: In its new Q3 FY2021 update of the credit rating agency, ICRA predicts revenue of Indian logistics companies to decline 6-8 percent in...

This analysis is based on the impact assessment IATA released last week, under a scenario in which severe travel restrictions last for three months.

Airlines will burn $61 billion of their cash reserve in April-June quarter: IATA

2 April 2020 2:49 PM IST

April 2, 2020: The International Air Transport Association (IATA) published new analysis showing that airlines may burn through $61 billion of their...