NATIONAL
Union Minister Goyal Suggests That We Should Cut Down On Logistics Cost
The Union Minister has said that the commerce industry in the private sector should sit with the Government to reduce the logistics costs.Union Minister Piyush Goyal insisted that the commerce industry needs to work with the government, in order to reduce the...
Bangalore Became The Host Of The Opening Of PM Modi’s Infrastructure Projects.
Prime Minister Shri Narendra Modi visited Bangalore, Karnataka to inaugurate the INR 27000 Crore infrastructure project.Prime Minister Shri Narendra Modi earlier this week visited Kommaghatta in Bangalore to inaugurate the various road and rail infrastructure projects...
Revolutionized By The Unified Logistics Interface Platform (ULIP) The Logistics Industry In India
By 2030, the National Logistics Policy is expected to reduce logistics costs from the current 14% of Indian GDP to 8%The Unified Logistics Interface Platform (ULIP) is creating a more technologically advanced and integrated framework for the Indian logistics industry...
Mahindra Logistics to acquire B2B Express business for Rs 225 crore
One of the major leaders in the logistics sector, Mahindra logistics is planning to acquire the B2B express business of Rovigo for an amount of Rs 225 crore. This acquisition of the B2B express of the company took place through a downturn sale after several talks with...
Adani Logistics to acquire inland container depot Tumb for Rs 835 crore
Adani Logistics Ltd has acquired the inland container depot (ICD) from Navkar Corporation Ltd. Adani Logistics is a wholly owned unit of Adani Ports and Special Economic Zone Ltd (APSEZ), which has acquired the depot at Tumb in Vapi for an operational value of Rs 835....
Shiprocket’s logistics volume to grow 40% after Pickrr acquisition
Shiprocket has agreed a deal with Pickrr, it’s direct rival and plans to grow about 40% after this acquisitionShiprocket is already providing India’s best logistics software and helps customers deliver their products from one place to another in a guaranteed time. On...
Crisis In Sri Lanka Will Improve India’s Trade Logistics
Srilankan crisis is at its peak and through this India’s trade logistics will benefit a lot Srilanka is under immense pressure at the moment due to the economic crisis that the country is currently facing. The forgein reserves of the country are now next to negligible...
After Shortage Of Containers More Containers Is Launched By Global Logistics
Containers will operate in two ways between major Indian ports of Singapore, Malaysia, Bangladesh & China Due to the container shortage in the logistics industry in the last two years, Global Logistics Solutions India Pvt Ltd has launched Global Logistics...
INTERNATIONAL
New Relationship Between Volleyball World And DHL To Further Sustainability Objectives
Today, the top global shipping company DHL and volleyball world announced a new relationship that would emphasize social and environmental sustainability and support DHL's diversity and inclusion policyLet’s get to know a little bit more about the companies as they...
Cartridge batteries are effective in reducing EV operational costs in logistics
Commercial Japan Partnership Technologist Corporation (CJPT) announced its partnership in July this year with Yamato Transport Co, to initiate the imposition of rechargeable and replaceable cartridge batteries at the beginning for transporters in its fleet. The...
Trilateral of India-France-Australia will focus on securing supply chains
Later this week, the trilateral of India-France-Australia will primarily focus on securing the supply chains around all the categories. All three countries want to prioritize supply chains in light of the now seven-month-old Ukraine crisis, which has worsened food...
Canal Shipping desires to provide logistical support for the Montaza project in Egypt
According to a report presented to the Egyptian Exchange (EGX) on September 4th, Canal Shipping Agencies (CSAG) submitted a proposal for the possible project to be developed in the Montaza Palace neighborhood. One of Egypt's two most steadfast shipping organizations,...
Air transport employees raise concerns over potential job losses due to blocked funds of $464 mn
The air transport workers under the sponsorship of the National Union of Air Transport Employees (NUATE) have brought up their concerns regarding the employment that is emerging and awaits employees who are working in Nigeria with foreign airlines, in case the trapped...
TIACA’s Inaugural Start.hub Logistics Set To Be Hosted By Edmonton Airport
Edmonton International Airport was named the start.hub's first host by TIACA and Messe München. 2022's air cargo conference and transport logistic Americas will feature hub logistics. On a 300 m2 booth, Start.hub Logistics was situated in the centre of Hall...
Sohar Port and Freezone webinar emphasizes commerce and logistics solutions
In its series of meetings with the Federation of Indian Export Organisations (FIEO) and the Federation of Indian Chambers of Commerce & Industry (FICCI). Sohar Port and Freezone Hosted the fifth and final webinar meeting which is called ‘Trade and Logistics...
Senegal becomes latest African country to receive first C295 transport
Taking delivery of the Airbus C295 aircraft, Senegal has successfully become the latest African nation to receive two of the transport at the end of July. According to the armed forces of Senegal, the aircraft was received in Dakar, during a ceremony that was held at...
Asendia USA and Broad Reach collaborate on joint venture to expand the services for US retailer shipping to Canada
A joint venture has been announced by Asendia USA with Broad Reach and Dave Mays to strengthen and expand the network of its services for the retailers based in the US shipping to Canada. With this joint venture, the CEO of Broad Reach, Dave Mays will bring his...
Zakher Marine International Set To Be Acquired By ADNOC Logistics & Services
ADNOC Logistics and Services have big moves as they are set to finalize the takeover of Zakher Marine International The acquisition of Zakher Marine International (ZMI), an Abu Dhabi-based owner and operator of offshore support vessels with the largest fleet of...
INTERVIEW
The Goal Of The Digital Supply Chain Is Ambitious
In this interview, Sunil Talvadkar, Managing Director, Logistics Solutions Group (LSG), discusses the company’s growth plans, emerging trends in the logistics and supply chain industry and impact of GST. Q- What are your views on the current scenario of the Indian...
Woman Of Logistic Substance
From heading the marketing team at Continental AG to playing a doting mother to her son, Mallika Rawal dons several roles throughout the day and essays all of them to perfection. She has carved a niche for herself in a field where most people find it hard to strive....
Initiatives Like Sagar Mala Project, Corporatization Of Ports Will Give India A Positive Boost
Ravindra Gandhi, Regional Director, Peel Ports Group & Director, Hans Maritime Services Pvt, Ltd. Q- What are your views on the current scenario of ports in India? A- Indian ports are a gateway to the country’s international trade by sea,handling a significant...
INFORMATION TECHNOLOGY (IT)
Elon Musk sued by Twitter for backing out of $44 Billion Deal
Elon Musk was sued by Twitter on Tuesday in order to complete the acquisition of the company which has a capital value of $44 billion, by setting the place for an extended legal battle over the destiny of the social media platform. Mr. Musk declared last week that he...
Quiltt supporting businesses seeking low-code fintech infrastructure possibility
To help the small businesses in the fintech industry, Quiltt is wrapping its blanket of warm low-code fintech infrastructure around these businesses that are looking forward to creating financial services for customers but are unable to do so due to a lack of budget...
Ivalua Collaborates Al-powered Innovation To Improve Supply Chain
Ivalua company launched Al-powered advanced innovation, it will provide help for the organization to improve resilience and profitability in supply chain Ivalua recently released an announcement, featuring AI- powered contract management, which is smooth...
Tiger Global to put halt on start-up investments for two quarters, views fresh fund later this year
Tiger Global, which is one of the winners in the technology market has shared its plans of slowing down its speed for investments in the industry start-ups for the next two quarters, the latest in the line of prominent investors concerned over the fact that the market...
Kyndryl Update IT Infrastructure For American Honda Company
Kyndryl manages infrastructure services for plant production applications. Kendryl through agreement plans to collaborate with Honda company to elevate its security and IT transformation.On July 14, 2022 world’s largest IT infrastructure services provider, the company...
Oracle Cloud With Sustainable Supply Chain Supports New Cloud Service
New Oracle cloud service built to expand its cloud services, with more visibility and transparency to unlock further new opportunities. Oracle cloud, offers a cloud computing service and it has announced plans to expand its merchandising acquiring capabilities...
Indonesian start-up McEasy is digitizing logistics, transportation and supply chain business
Tech start-up based out of Indonesia, McEasy has raised the capital of $6.5 million in its Series A funding. The company is trying to change the old-fashioned system that is used by most of the logistics companies in Indonesia to track the operations and fleet. This...
Körber completely acquires Siemens Logistics’ mail and parcel business
Korber, which is an international technology group announced the fortunate completion of Siemens Logistics’ acquisition, which is a company dealing in the mail and parcel business globally. Alongside, Korber has also announced the shift of its Business Area Supply...
Astrocast Collaborated With ArrowSpot For Supply Chain Solutions
ArrowSpot and Astrocast partner for advanced global asset tracking devices for supply chain solutions, with the advanced tool of Satellite IoT. Recently, Astrocast announced about the partnership with ArrowSpot. (SatloT) Astrocast is integrating its Satellite...
Oracle Cloud With Sustainable Supply Chain Supports New Cloud Service
New Oracle cloud service built to expand its cloud services, with more visibility and transparency to unlock further new opportunities. Oracle cloud, offers a cloud computing service and it has announced plans to expand its merchandising acquiring capabilities...