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While Amazon tested the delivery model in June 2019, it got the US Federal Aviation Authority (FAA) approval in August 2020 to operate its fleet of Prime Air delivery drones.

Amazon Prime Air on verge of shuttering UK drone delivery operations

7 Aug 2021 6:08 PM IST

August 7, 2021: Prime Air, a future delivery system from Amazon, US-based online retail behemoth, designed to safely get packages to customers in 30...

The growth came from a 15 percent rebound in volumes and an increase in average freight rates of 59 percent.

Maersk reports nine-fold YoY net profit growth for Apr-Jun quarter

7 Aug 2021 1:56 PM IST

August 7, 2021: In the second quarter of 2021, A.P. Moller – Maersk's revenue grew 58 percent YoY to $14.2 billion from $8.9 billion in Q2 2020 and...

The integrated supply chain and logistics solutions provider recorded 71.30 percent growth in consolidated revenue to Rs 700.21 crore in Q1 FY22 from Rs 408.76 crore in Q1 2FY21.

TCI reports 905% YoY profit after tax growth to 47 crore in Q1 FY22

6 Aug 2021 12:51 PM IST

August 6, 2021: Transport Corporation of India (TCI), announced its financial results for the first quarter ended on June 30, 2021 with 905.72 percent...

Cold chain marketplace startup Celcius raises $500,000 in seed funding

4 Aug 2021 5:45 PM IST

August, 4, 2021: The cold chain marketplace startup, Celcius, has raised $500,000 in a seed funding round with Mumbai Angels Network, a premium...

The container traffic handled at JNPT during the first 4 months of FY 2021-22 was 1,797,838 TEUs as against 1,192,165 TEUs, 50.80 percent higher than the same period of last year.

JNPT records 21% YoY cargo handling growth to 433,533 TEUs in July

4 Aug 2021 5:36 PM IST

August 4, 2021: Jawaharlal Nehru Port Trust (JNPT) recorded 433,533 TEUs in July 2021 compared to 344,316 TEUs in July 2020, a growth of 21.15...

Sequentially, the growth was at 26 percent from Rs 3,608 crore in Q4 FY21 while profit after tax (PAT) grew 77 percent to Rs 1,342 crore from Rs 758 crore in Q1 FY21.

Adani Ports revenue growth nearly doubles to ₹4,557 crore in Q1 FY22

4 Aug 2021 10:11 AM IST

August 4, 2021: Adani Ports and Special Economic Zone (APSEZ) reported a 99 percent increase in consolidated revenue for the first quarter ended June...

Provides simple, easy-to-navigate, mobile-responsive user experience to micro-entrepreneurs, small business owners, sole-proprietors and home-preneurs for setting up shipping services in less than 30 minutes.

Ecom Express launches self-sign-up portal E-zippie for small businesses

2 Aug 2021 4:40 PM IST

August 2, 2021: The technology-enabled end-to-end logistics solutions provider for the e-commerce industry, Ecom Express, today announced the launch...