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Nov 22, 2012
Krishnapatnam port to compete with Chennai and Ennore for car exports
For efficient handling: Newly-commissioned quay cranes at the Krishnapatnam port. The privately-run Krishnapatnam Port in Andhra Pradesh is likely to compete with Chennai and Ennore ports to handle export of cars that are manufactured in the Chennai and Bangalore regions. […]
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Nov 01, 2012
Dimerco Express Group Enhances Global Deployment in India
Taipei, Oct. 3, 2012 (CENS)–The Taiwan-based Dimerco Express Group, the largest freight forwarder by revenue on the island, has decided to boost its global deployments in India by setting up a joint venture named Dimerco Express India Private Ltd., to […]
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Oct 29, 2012
Walmart spurs Transport Corp’s spending on logistics
Transport Corp of India, the nation’s third-largest logistics company, plans its biggest investment in five years to prepare for a jump in freight demand as retailers such as Walmart Stores Inc open outlets. The company will spend Rs 150 crore […]
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Oct 22, 2012
Northern France woos India for investments in rail, logistics
Northern France has invited Indian businessmen to invest in rail, automotive, logistics, health, IT and multimedia projects to take advantage of its strategic location and proximity to key commercial centres. A business delegation led by Nord France Invest, which is […]
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Oct 22, 2012
DHL to invest €100 million in India
Mumbai: The supply chain unit of Deutsche Post DHL will spend €100 million in India to build warehouses in eight locations and upgrade its transport fleet to meet increasing customer demand. The new facilities in Mumbai, Gurgaon, the national capital […]
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Oct 12, 2012
Logistics boost for air cargo
The Government recently took steps to boost air cargo growth in India. The Ministry of Civil Aviation has established the Air Cargo Logistics Promotion Board, which has representation from various industry segments and ministries. Similarly, the recent pilot project for […]
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Oct 12, 2012
E-com logistics startup Chhotu now clocking over 1,000 deliveries a day
When gold rush happened most of the money was made by the diggers and shovel makers and the same could apply to the e-commerce ‘boom’ in India. Even as almost all e-com firms are struggling to make their venture profitable, […]
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Oct 12, 2012
Aus logistics company is bought by Damco
Melbourne-headquartered freight forwarder Pacific Network Global Logistics has been sold to Damco, a logistics-focused subsidiary of Maersk. Terms of the deal have not been disclosed. Pacific has offices in Sydney, Melbourne, Adelaide, Brisbane and Perth, along with offices in Italy, […]
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Oct 04, 2012
FDI in retail likely to spur deal activity in agriculture, logistics
The government’s decision to allow foreign retailers to set up supermarkets in the country is likely to spur private equity (PE) investment in agriculture and warehouses, the backbone of the retail sector. The need for efficiency and quality would drive […]
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