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Logistics

ADB approves $350 Mn loan to support India’s logistics sector

The loan will finance the second subprogram, supporting Indian government’s efforts to create a comprehensive policy, planning, and institutional framework at the state and city levels. Asian Development Bank (ADB)…

Mahindra Logistics’ Q2FY25 revenue up by 11.5% YoY at Rs 1,521 Cr

Company posted revenue of Rs.2,941 crores H1 FY25 as compared to Rs.2,658 crores in H1 FY24. Mahindra Logistics Ltd. (MLL), one of India’s integrated logistics & mobility solutions providers, announced…

Mahindra Logistics launches ‘Emissions Analytics Report’

The initiative is a part of the company’s green logistics ecosystem and aims to empower customers to decarbonize their supply chains. Mahindra Logistics Limited, one of India’s largest integrated logistics…

Ministry of Ports, Shipping & Waterways receives First Mother Ship at Vizhinjam

Docking of MV San Fernando ship, with a capacity of 9000 TEUs marks India’s foray into Next Gen World Class Port Infrastructure. The Union Minister of Ports, Shipping & Waterways,…

Adani Airports Holdings handle over One Mn tonnes of cargo in FY23-24

 International cargo tonnage amounted to 662,258 metric tonnes, recording 9 per cent y-o-y growth. Top commodities included automobiles, pharma and perishables.  Adani Airport Holdings Limited (AAHL) handled an impressive one…

Magellanic Cloud bags Rs 43 Cr order for Logistics drones

The company aims to capture a 5 per cent share of the USD 6 billion last-mile delivery segment in India, leveraging its first-mover advantage and advanced technology. Magellanic Cloud, a…

Sarbananda Sonowal launches ‘Sagar Aankalan’ guidelines for Indian Port Performance Index

Ministry draws action plan for swift implementation of MoUs at GMIS worth Rs1 Lakh Crore. The Union Minister of Ports, Shipping & Waterways and Ayush, Sarbananda Sonowal launched ‘Sagar Aankalan’…

CSMIA registers 12 % Year on Year growth in air cargo operations in the year 2023

 CSMIA records 44 per cent year-over-year growth in overall agricultural products cargo facility. Chhatrapati Shivaji Maharaj International Airport (CSMIA) registered an 87 per cent year-on-year growth of e-commerce shipments during…

Govt to promote private and public investment in post-harvest sector: Union budget 24-25

The Private-Public partnership in post-harvest sector will help in reducing post-harvest losses and improving productivity and boost income of farmers. Nirmala Sitharaman, Union Finance Minister presented the interim Union Budget…

Maersk names first vessel of its large methanol-enabled fleet “Ane Maersk”

Ane Maersk is the first of Maersk’s 18 large methanol-enabled vessels, that will be delivered between 2024 and 2025. The world’s first large methanol-enabled container vessel has been named “Ane…

A.P. Moller – Maersk and Tamil Nadu Govt enter a strategic partnership

Maersk will explore strategic investment opportunities in land development for logistics hubs, warehousing facilities. A.P. Moller – Maersk (Maersk) and the Government of Tamil Nadu signed a Memorandum of Understanding…

Snowman Logistics expands operational capacity in Assam

Operations commenced at its newly acquired warehouse in Guwahati, Assam, featuring advanced ‘multi-temperature control’ capabilities Snowman Logistics Limited, a leading cold chain and integrated temperature-controlled logistics service provider in India…

Maersk signs landmark green methanol offtake agreement with Chinese developer Goldwind

Commercially viable long-term offtake agreement for annual volumes of 500KT to enable low carbon operations for the first 12 large methanol-enabled Maersk vessels on order. The offtake agreement between A.P.…

Indian mangoes shipment expands its footprints in 2023-24

India registers 19% growth in mango export to USA in 2023-24 over last year. With the continued efforts of the Agricultural and Processed Food Products Export Development Authority (APEDA), Ministry…

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