Page 9 - Logistics

Logistics sector to see $500 bn annual investment by 2025: Prabhu

Prabhu said the ministry is developing a national logistics portal as a single window market place to link all stakeholders

Logistics shares gain; Mahindra, Snowman, Future Supply hit 52-week high

Mahindra Logistics, Tiger Logistics and Snowman Logistics were up in the range of 8% to 9% on BSE

National logistics index: Gujarat, Punjab, Andhra best performing states

The ranking is based on parameters such as the competitiveness of pricing, timeliness and availability of infrastructure and that of services, among others

Infra status for logistics sector: Benefits could vary across segments

Most industry executives say that with infrastructure status for the logistics industry, interest rates will be lowered while GST implementation will facilitate business in the long run

Logistics shares gain on infrastructure status; Gati, VRL hit 52-week highs

Gatway Distriparks, Gati, Sical Logistics, VRL Logistics, Transport Corporation of India, Lancer Container Lines, Allcargo Logistics and Mahindra Logistics were up in the range of 2% to 6% on the BSE.

Logistics gets infrastructure status, industry sees 50 bps savings

The government has granted infrastructure status to the logistics sector, including multi-modal logistics park and cold chains, enabling the industry to access funds at a cheaper rate. Experts said the cost of funding could come down up to 50 basis points; those going for external commercial borrowing could get it even cheaper. While existing entities would benefit, such as Allcargo Logistics, Snowman Logistics, Blue Dart, Container Corporation of India, DTDC, Navkar Corporation, DHL and Transport Corporation of India, this has also given a signal for others to invest in the sector, they said. Multi-modal logistics parks, comprising an inland container depot with minimum investment of Rs 50 crore and minimum area of 10 acres, cold chain facilities with minimum investment of Rs 15 crore and minimum area of 20,000 sq ft and warehousing facilities with a minimum investment of Rs 25 crore and minimum area of 100,000 sq ft have been granted the infrastructure status, it was officially ...

DHL Express expands Delhi Gateway, doubling India's export capacity

Capacity raised to handle 10 mn shipments per annum; Import clearance capacity up by 60%

Piramal Finance to invest Rs 485 crore in Apollo LogiSolutions

Investment to boost Apollo LogiSolutions' capabilities in providing end-to-end logistics solutions

Leveraging IoT to travel on the GST highway

Technology & IoT will play a major role for logistics industry in the GST regime

E-way bill imposition to pose challenges for small transporters

Taking impromptu decision in dire situations will become highly impractical due to the bill

Dubai-based DP World & NIIF to develop logistics projects in India

To jointly work to develop logistics infrastructure aimed at reducing agriculture produce losses

Centre moots integrated logistics company

Prabhu said govt would like to bring all logistics together to help in reducing overall costs

Tiger Logistics ropes in P&G Associates to tap defence logistics sector

With this renewed focus, the company expects 10% increase in topline by the next 1-2 years

DHL plans to invest € 45 million in India to support growth

The company inaugurates Asia Pacific's first solar powered DHL Express Service Center at Mumbai

TVS Logistics to invest Rs 100 crore in UK-based SPC International

The company's UK arm TVS Rico Supply Chain acquires more than 60% stake in SPC International

How Indian e-commerce players can use robotics to gain competitive edge?

By implementing robotic solutions, warehouses can increase their throughput by 10 times

No healing touch for logistics in budget after demonetisation

However, plans to improve 'Lifeline' will offer better future for logistics sector, says Areef Patel

Logistics shares in focus; Gati, Snowman up over 5%

Patel Integrated, Transport Corporation, Allcargo, Sical Logistics, Gateway Distriparks and VRL Logistics up 3%-7%

Sagarmala project to result in savings of Rs 35,000 cr for India

The ambitious programme for port-led development in the country will help in reducing the logistics cost for both domestic and EXIM cargo with optimised infrastructure investment

Retail cold chain: Will it work in India?

High operating cost of cold storage - $ 60 per cubic meter in India compared to $ 30 in the west - is one of the major roadblocks for the sector's growth, says Alagu Balaraman