May 8, 2023

Last Week's Highlights of Indian Logistics

Adani Ports concludes Myanmar port sale for $30 million
In May 2022, APSEZ announced the signing of a Share Purchase Agreement (SPA) for the sale of its Myanmar Port.
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DHL Global Forwarding expands CFS space in Bangladesh
They invested over €2 million in CFS facilities of 70,000 sq ft capacity in Chittagong to meet global garment export needs.
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Flipkart launches new fulfilment centre in Telangana
Spread over 4 lakh sq ft, it will deliver products including furniture & large appliances, opening local sellers to national market.
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ACFI Annual Conclave 2023 focuses on brand Indian air cargo
It highlighted improving infra, connecting airports through highways, integrating transport modes, adopting tech, simplifying regulations and investing in people.
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Maersk Q1 earnings down 68% on lower volumes
Full-year guidance remains unchanged with Q1 expected to be the strongest quarter of the year.
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Merck Lifescience to introduce EVs with LP Logiscience contract
With 150 km/ charge range and 700 kg/ trip payload, the EVs will distribute goods from Merck’s Rasayani factory to customers across Mumbai.
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Speedcargo, Güdel join hands for air cargo automation
The robotic system is the first-of-its-kind, end-to-end automatic material handling solution for air freight.
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Locus enhances last mile platform for retail & courier
These enhancements are purpose-built to address industry-specific pain points & unlock greater opportunities in customers' last-mile operations
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