June 12, 2023
Delhivery, Mystore partner to drive growth for rural entrepreneurs
Through ONDC, Mystore's e-commerce platform is leveraging Delhivery's extensive pan-India network of over 18,500 pin codes to offer affordable and reliable shipping to rural entrepreneurs.
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CMA CGM builds up terminal footprint with CSP Bilbao and Valencia
Located in the port of Bilbao, CSP Bilbao connects Spain with the main ports in Northern Europe, especially through CMA CGM’s intra-European short sea services by the Atlantic Ocean.
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CJ DARCL launches EV for intra-city cargo run
By integrating electric vehicles into its fleet, CJ DARCL Logistics demonstrates its commitment to expanding sustainability goals and leading the industry in embracing eco-friendly transportation solutions.
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Lobb Logistics unveils comprehensive price index history & forecast tool
The Price Index History and Forecast leverages advanced machine learning algorithms and powerful data analytics to deliver a robust and reliable analysis of price trends across various markets and sectors.
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Allcargo’s Transindia Real Estate to divest logistics parks to Blackstone
The divestment includes the sale of a logistics park in Jhajjar and 10 percent stake held in other parks. This transaction will result in significant cash proceeds and provide for growth plans of Transindia Real Estate.
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Global airfreight spot rate fell 40% YoY in May, lowest since Mar 2020
Shippers are the dominant players in the market right now, as freight forwarders and airlines are nervous of missing/losing the volumes that are actually offered in the market.
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Trucknetic integrates with ULIP
ULIP aims to break down silos, foster integration among various Ministries and Departments, and establish a centralized platform for efficient and transparent trade operations.
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Indospace Core buys HYD Airport City warehouse leased to Amazon from GMR
Amazon, which entered India in 2013, launched the 4 lakh sq ft Hyderabad Airport City fulfilment centre in 2017 and signed a lease agreement with GMR group in August 2019 to expand it by 1.8 lakh sq ft.
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