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According to recent reports, the logistics sector in India employs more than 40 million people and contributes $200 billion to the economy. This sector is the lifeline of the country and holds critical importance as it connects markets, suppliers and customers across the country.

Warehouses still waiting approvals cripple supply chain: Embassy Industrial Park

20 April 2020 11:18 AM IST

April 20, 2020: Embassy Industrial Park, in its guide for logistics companies how to tackle Covid-19 situation in India, expressed their concern over...

Founded in 2013 by Kushal Nahata, Gaurav Srivastava and Gautam Kumar, FarEye%u2019s predictive logistics platform enables enterprises to orchestrate, track, and optimize their logistics operations.

FarEye raises $25 million in Series D funding

15 April 2020 4:54 PM IST

April 15, 2020: The logistics SaaS platform, FarEye today announced a Series D investment of $25 million led by M12 (Microsoft’s venture fund) with...

There have been reports that due to non-operation of factories, the evacuation of imports from the port is very slow.

Even in case of zero evacuation, JNPT prepared to handle containers at least for a month

10 April 2020 2:24 PM IST

April 10, 2020: Jawaharlal Nehru Port Trust (JNPT) announced that the port is prepared to face any likely congestion of containers for at least a...

The meeting was also attended by the officers of the ministry of shipping and chairpersons of all major ports

Ports raise issues to minister on operation cost, stuck-up cargo and lack of drivers

6 April 2020 1:38 PM IST

In a video conference with Mansukh Mandaviya, minister of shipping, on April 3, stakeholders of seaports including port users, courier and cargo...

While e-commerce is going down and will destroy certain markets, grocery demands are up online and more people may continue to buy them even after the pandemic is over.

India will be short of vital goods if we are not allowed to move: logistics firms

1 April 2020 2:08 PM IST

April 1, 2020: Since there are disruptions and shortage of manpower, logistics companies across the country are warning an unprecedented shortage of...

China accounts for 27% of India%u2019s auto component imports valued at $ 4.8 billion.

Coronavirus: Read how much Indian automotive supply chain is exposed to China

21 Feb 2020 1:26 PM IST

February 21, 2020: The outbreak of Novel Coronavirus (COVID -19 ) across China and South -East Asia, which has already killed 2200 people, has...