Strong growth in Uber Courier and Courier XL fuels expansion plans into 10 more cities next year, highlighting India's rising appetite for on-demand delivery
Courier services provider Blue Dart Express on Monday said it will increase the prices of its shipments between 9-12 per cent from January 1, 2026. To support new customers and encourage business growth, those signing up between October 1 and December 31, will not be impacted by the upcoming General Price Increase (GPI), it said. This pricing adjustment is essential to maintaining speed, reliability, and customer-centric solutions, while addressing the impacts of inflationary pressures, escalating airline costs, and the complexities of global supply chains, the company said. The average shipment price is set to increase in the range of 9-12 per cent, depending on product variabilities and the customer's shipping profile, Blue Dart Express said in a statement. In line with its annual practice, Blue Dart undertakes a comprehensive review of its pricing structure to ensure continued service excellence while fostering sustainable ecosystem collaboration, it said. "The General Price .
The halt in India-US postal services may disrupt dispatch of medicines, gifts and personal parcels, pushing families toward costly private couriers
The express logistics and courier sector is expected to touch USD 18-22 billion by FY2029-30 from an estimated USD 9 billion in FY2024-25, supporting 6.5-7.5-million jobs, according to a report. The report also noted that the express industry has transformed from a logistics facilitator to an essential service provider, playing a critical role during the COVID-19 pandemic in supporting the world's largest vaccination drive and ensuring priority delivery of essential goods. The report "Express Industry in India 2025: Powering India's Economy, Connecting Businesses and Markets," commissioned by Express Industry Council of India (EICI) and KPMG has also identified five priority areas--agility and adaptability, efficiency improvements, customer centricity, a sustainable operating outlook and a robust policy and regulatory framework-- for unlocking future growth. It also calls for targeted policy measures, infrastructure expansion and technology adoption, supported by initiatives such a
The SaaS firm recently acquired remaining 57.24% in Shipway after securing 42.76% in December last year
Canada Post said operations will resume at the national postal service on Tuesday after the nearly monthlong work stoppage. Workers went on strike after failing to reach a negotiated agreement with the primary postal operator in Canada over key issues, including wages, job security, and how to staff a proposed expansion into weekend delivery. The federal government moved Friday to end the stoppage after Labour Minister Steven MacKinnon announced referring the dispute to the Canada Industrial Relations Board, an independent administrative tribunal that focuses on resolving workplace disputes. However, the board determined late Sunday that negotiations are at an impasse after two days of hearings and ordered the nearly 55,000 workers to return to work. This will also extend the current collective agreement until May 22, 2025. Canada Post said it has agreed with the Canadian Union of Postal Workers to implement a 5 per cent wage increase retroactive to the day after the collective ...
The government has extended incentives for exports through the courier medium, a move aimed at promoting shipments through e-commerce. This was informed in the meeting of Board of Trade (BoT) in Mumbai. "In the realm of e-commerce exports, the Board of Trade was informed by officials from the Central Board of Indirect Taxes and Customs (CBIC) that effective immediately, RoDTEP, RoSCTL, and drawback benefits will be extended to all exports made via courier," the commerce ministry said in a statement. It added that plans to extend these benefits to postal route exports are also in the pipeline, creating a more equitable environment for e-commerce exporters utilising the courier and postal mode. RoDTEP (Remission of Duties and Taxes on Exported Products) provides refunds of central, state, and local taxes and levies on exported products that are not covered by other schemes. The scheme covers a range of sectors, including marine, leather, gems and jewellery, agriculture, electrical,
Drone delivery is a major step towards sustainable, swift, and eco-friendly solutions, Blue Dart said
The shares rose as much as 13% after regular trading in New York, while competitor United Parcel Service Inc. advanced 3.4%
Express logistics company DTDC on Wednesday said it has entered the Malaysian market through its subsidiary, DTDC Global Express PTE Ltd, with the inauguration of an office in Kuala Lumpur. This newly established office, which further strengthens the company's global footprint, including in Southeast Asia, will offer enhanced trans-shipment solutions to its clients in Southeast Asia and the Australian peninsula, DTDC said in a statement. DTDC is already present in Singapore and Australia. As part of its global expansion plans, the company collaborated with Aramex last year to enhance its capabilities in cross-border logistics. Malaysia shares a healthy import and export relationship with India and has a prevalent Indian diaspora, according to the company. The newly established office will provide export and import services to and from India, Singapore, and Australia, along with handling local deliveries in Malaysia, it said. "The expansion in Malaysia will add to our capabilitie
Domestic courier company Blue Dart Express on Friday reported a marginal rise of 3.4 per cent in its consolidated net profit at Rs 93.6 crore for the quarter ended September 30, 2022. The company had posted consolidated net profit of Rs 90.5 crore in the year-ago period, it said in a BSE filing. The company's consolidated income during the July-September period increased to Rs 1,332.9 crore, over Rs 1,129.8 crore last year. Blue Dart Managing Director Balfour Manuel said the company is doing well due to balanced mix of growth and transformational projects.
Ecommerce logistics provider Xpressbees on Tuesday said it has extended its same-day delivery service for D2C brands to over 1,000 cities and towns
The share price of the logistics firm has rallied 25 per cent after ICRA reaffirmed ratings of the company's commercial paper and a strong Q2FY22 earnings
CRISIL Research expects their revenue to decline 30-35 per cent in FY 2021
Products that are shipped packaging-free include tech accessories, home and home improvement products, shoes, and luggage
Given the sharply lower operating performance, the company reported a loss (after adjustments) of Rs 8 crore as compared to analyst estimates which had pegged the profit number at Rs 30 crore
The courier industry in India is made up of varied players starting from large multinational firms such as DHL, United Parcel Service (UPS) and FedEx India to domestic firms comprising Blue Dart, DTDC
The Centre will also discuss the issue with states for allowing partial operation of manufacturing units in the country
Considering the size of our country and the number of letters/parcels delivered every day, the courier guys are doing a wonderful job