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Godrej & Boyce acquires Armes Maini to enhance intralogistics
3 Oct 2024 5:55 PM ISTThe acquisition includes a manufacturing facility on the outskirts of Bengaluru, boasting a capacity of 20,000 tonnes per annum, spanning 150,000...
UPS launches temp-controlled pharma facility in Hyderabad
3 Oct 2024 5:47 PM ISTThe facility has a capacity to hold or sort 15 pallets in +15°C to +25°C, 7 Pallets in +2 to +8°C and 50 pallets under uncontrolled ambient...
Indian road logistics revenues to grow 6-9% YoY in FY25
3 Oct 2024 5:37 PM ISTOrganised players likely to command some premium amid inflationary cost scenario, keeping operating margins range-bound at 11-12% in FY2025.
Patel Integrated Logistics rights issue subscribed 3x; raises Rs 9 cr
3 Oct 2024 5:21 PM ISTThe rights issue, which opened on September 19, 2024, was priced at ₹18 per share (including a premium of ₹8 over the face value of ₹10).
BPCL to establish India’s first green fuel ecosystem at Mumbai Port
3 Oct 2024 5:15 PM ISTAs part of the initiative, BPCL and MbPA will collaborate to introduce Electric Vehicle (EV) charging stations at Mumbai Port, promoting green energy...
Strike continues at U.S. East Coast ports, focus shifts to capacities
3 Oct 2024 12:53 PM ISTUSMX says talks cannot happen on pre-conditions even as Biden backs workers; all eyes on how long the strike will last.
Blue Dart Express announces price hike from January 1, 2025
1 Oct 2024 6:10 PM ISTCustomers who sign up between October 1 and December 31, 2024, will be exempt from the price increase.
Strike cripples US East Coast ports
1 Oct 2024 11:50 AM ISTUSMX made last ditch attempt to avoid strike by offering a 50% hike in wages over six years - an offer rejected by ILU.
Challenge Group launches flights to Delhi, expands India operations
30 Sept 2024 8:00 PM ISTService will operate on Wednesdays and Sundays using Boeing 767F aircraft, with a capacity of approx. 52 tonnes each.
SATS expands agreement with IATA for DG AutoCheck
30 Sept 2024 7:27 PM ISTUsing the DG AutoCheck, IATA says cargo operations teams can process a shipment in as little as five minutes.
Increase in blank sailings to disrupt global shipping: Dimerco
29 Sept 2024 6:13 PM ISTOcean Alliance will cancel 24 sailings, THE Alliance 16, 2M Alliance 16 and non-alliance carriers 34 sailings.
Maersk nears Equal At Sea 2027 goal
28 Sept 2024 11:46 AM ISTAchieves 45% women cadets intake in India; Maersk’s Indian women seafarers surge from 41 to over 350 in three years.