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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...

Operating profit (EBIT) improved by 30.6% to EUR 4.1 billion - a new record.

Deutsche Post DHL Group revenue up 2.9% to EUR 63.3 billion in 2019

11 March 2020 6:32 PM IST

March 12, 2020: The international logistics company, Deutsche Post DHL Group posted a profitable growth during the past financial year of 2019. Group...

IATA estimated the potential impact on passenger revenues based on two possible scenarios: Limited Spread, Extensive Spread

Coronavirus: IATA updates aviation industry revenue loss estimate to $63-113 billion

5 March 2020 4:49 PM IST

March 5, 2020: The International Air Transport Association (IATA) updated its analysis of the financial impact of the novel coronavirus (COVID-19)...

The multimodal transport businessof Allcargo clocked total volumes of 185,408 TEUs for the quarter ended in December 2019, an increase of 10.4 percent as against last year.

Allcargo Logistics registers 7.1% profit increase in 2019

14 Feb 2020 11:21 AM IST

February 14, 2020: Allcargo Logistics announced its unaudited financial results for the quarter and nine months ended December 31, 2019, with 7.1...