News

Amazon picks up 6.06 lakh sq ft warehouse space.

An affiliate of ecommerce major Amazon has entered into an agreement with logistics development platform ESR to lease 606,000 sq ft warehousing space at India's biggest logistics cluster Bhiwandi in Mumbai Metropolitan Region (MMR).

Covid 2nd wave has broken the logistics sector that was on its way to recovery.

Infrastructure is the backbone of a nation's economy. It functions like arteries and veins in the body that keep the blood flowing throughout. Logistics sector can be that part of the infrastructure. Without a robust and efficient logistics infrastructure, industries will find it hard to ensure smooth movements of goods across the value chain.

Management statement:NORD DRIVESYSTEMS heralds a new era of drive technology

With its latest product developments from the high-efficiency portfolio, NORD DRIVESYSTEMS once again

Huge potential of private investment in maritime projects.

The government is eying huge private investment in 400 projects worth Rs 2.24 lakh crore during the Maritime India Summit 2021, a top official said.

MARK compressors launches new range of Piston Air Compressors across segments

MARK Compressors, a part of Atlas Copco group in India, today launched two new product variations in their Piston Compressor range – The Ironwind series and the Bluewind series.

AntwerpXL honors Anish Chakraborty, amongst the world's top 40 leaders in the shipping industry.

AntwerpXL- the world's leading platform for the shipping, the logistic and breakbulk industry will be felicitating Mr Anish Chakraborty along with top 40 personalities from across the globe.

Inland Water Transport Key to Reducing India's Logistics Cost

Transportation services form a third of the cost of a logistics chain. Improving transportation would require the coordinated development of railways

Indian Warehousing Sector Witnessing Rapid Transformation to Meet the Logistic Challenges

In the complete logistics value chain, warehousing forms a very important link. Warehousing, which forms 20% of the total logistics market,

Tax exemption for sovereign funds to boost India infra play.

The decision of the central government to grant 100% tax exemptions for sovereign wealth funds for their investments in the infrastructure sector is expected to give a boost to the infra investments in India. Besides the exemption, abolition of dividend distribution tax

Multi-modal logistics park will generate 20 lakh jobs

Union Minister of Road Transport and Highways Nitin Gadkari has said that the upcoming multi-modal logistics park (MMLP) will generate 20 lakh direct and indirect employment once completed.

Niti Aayog forms panel to study the feasibility of ultrahigh-speed travel in India using hyperloop tech.

Government think-tank Niti Aayog has formed a high-level panel to explore the technological and the commercial viability of the Virgin Hyperloop technology for ultrahigh-speed travel in India, weeks after its first test was completed with humans on board.

New Getac ZX70 G2 Tablet Brings Powerful Mobile Performance to Utilities, Manufacturing and Transport & Logistics Professionals

Lightweight, fully rugged device optimises mobile productivity in a wide range of demanding industrial field environments

Feeder national highways to China border to go from 5.5m to 10m wide.

According to the road transport and highways ministry, all national highways that act as feeder roads to the China border or are of strategic importance for national

LOGISTICS & TRANSPORT -Unlimited potentials in store!

India now ranks 44th in the latest edition of the World Bank's Logistics Performance Index, a relatively high score compared to other countries at similar income levels.

Toll collection in current, next fiscal to be adversely impacted as operations halted: ICRA

The government's move to stop toll collection amid the 21-days’ nationwide lockdown is set to push toll collection into the negative territory for FY 2020

USD 575 billion investment opportunity in transport infra in next 5 yrs.

The transport infrastructure sector in India holds an investment opportunity of USD 575 billion in the next five years, according to a report.