May 29, 2023

Last Week's Highlights of Indian Logistics

WFS enters India with launch of Bengaluru gateway
WFS will operate an international cargo terminal and be the exclusive operator of cold chain facilities at the airport
Niki Frank new CEO of DHL Global Forwarding’s Asia Pacific region
The CEO designate Niki Frank began his career at DPDHL Group in 2012, joining as vice president of corporate strategy.
Mahindra Logistics, LOGOS, Ivanhoe Cambridge pave way for green logistics
With the transformation in Luhari, MLL’s total renewable-powered warehouses are now over 4MN sq. ft. in the country
Snowman closes FY22-23 with ₹417 cr revenue, ₹96 cr EBITDA, ₹13 cr PAT
In the next financial year, the company plans to amplify their 5PL business along with building on its technological capabilities.
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APM Terminals Pipavav FY23 net profit up 59%
Revenue increased 24 percent to ₹917 crore from ₹741 crore while container cargo business grew 22 percent to 764,000 TEUs.
Shadowfax joins ONDC to offer end-to-end logistics
After successful operation in 50 cities, the on-demand crowd sourced 3PL platform is all set to scale services to 1,200+ cities.
Gati launches express bike transportation service across India
Gati's Bike Express is now available at an all-inclusive flat rate of ₹4000 for up to 150 cc and ₹4500 for above 150 cc.
FedEx launches FedEx Innovation Lab to fuel digital capabilities for what’s next
Investment and commercial partnership program designed to foster promising start-ups in India and build smart logistics for all.
Shipsy appoints former Jumia COO Apoorva Kumar to its Africa board
Shipsy has grown its presence in Africa by onboarding customers in the courier, express and parcel, last-mile delivery, e-commerce, and retail.
Porter expands to international market with its foray into UAE
Launches intra-city logistics services in the Dubai city with light commercial vehicles, and two-wheelers.