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ElasticRun trims FY25 loss to ₹145 cr, revenue up 9% on private-label push

ElasticRun has narrowed its FY25 loss to Rs 145 crore as revenue increased 9 per cent, backed by stronger private-label traction, regional brands, and a deeper logistics push

ElasticRun trims FY25 loss to ₹145 cr, revenue up 9% on private-label push
Updated On : 20 Nov 2025 | 3:42 PM IST

Logistics firms turn to smart routing, AI to fast-track festive returns

As online orders and returns surge during the festive season, logistics firms like Shiprocket, Prozo, and Zippie are turning to smarter routing, automation, and network optimisation

Logistics firms turn to smart routing, AI to fast-track festive returns
Updated On : 12 Nov 2025 | 3:20 PM IST

Centre may frame five-year integrated transport plans under new body

The new authority will shift India's transport strategy from individual project planning to long-term integrated corridor development aligned with economic goals

Centre may frame five-year integrated transport plans under new body
Updated On : 11 Nov 2025 | 9:02 PM IST

Blackstone-backed Horizon Industrial Parks names Urvish Rambhia as CEO

Horizon Industrial Parks has appointed Urvish Rambhia as CEO to lead its next growth phase with Blackstone, as India's logistics and warehousing sector continues its strong upcycle

Blackstone-backed Horizon Industrial Parks names Urvish Rambhia as CEO
Updated On : 06 Nov 2025 | 3:37 PM IST

NCLT clears Reliance Retail's takeover plan for Future Supply Chain

NCLT Mumbai approves Reliance Retail's resolution plan for Future Supply Chain, ensuring creditors' recovery and revival of the logistics firm on a going-concern basis

NCLT clears Reliance Retail's takeover plan for Future Supply Chain
Updated On : 19 Oct 2025 | 8:23 PM IST

DTDC CEO on Modernising Logistics & Leading Change

Abhishek Chakraborty, CEO of DTDC Express Limited, shares his journey of modernising a legacy logistics business, empowering women teams, and redefining customer experience in India’s e-commerce era.

Icon YoutubeDTDC CEO on Modernising Logistics & Leading Change
Updated On : 18 Oct 2025 | 7:07 PM IST

Festive demand, GST sops push truck rentals up 2% in September: Report

Shriram Mobility Bulletin says truck rentals rose nearly 2% across major routes in September as pre-festive trade, GST cuts, and strong demand lifted logistics activity

Festive demand, GST sops push truck rentals up 2% in September: Report
Updated On : 09 Oct 2025 | 8:12 PM IST

IKEA acquires US logistics tech company Locus in online growth push

IKEA said acquiring Locus would simplify its logistics and reduce its delivery expenses by an estimated 100 million euros ($117.41 million) a year globally

IKEA acquires US logistics tech company Locus in online growth push
Updated On : 07 Oct 2025 | 4:26 PM IST

IndoSpace to invest $57 mn to develop 66-acre logistics park in Bhiwandi

IndoSpace will invest $57 million in a new 66-acre logistics park in Bhiwandi with 1.7 msf potential, expanding warehousing capacity in Maharashtra's logistics hub

IndoSpace to invest $57 mn to develop 66-acre logistics park in Bhiwandi
Updated On : 25 Sep 2025 | 2:40 PM IST

Logistics to be top revenue vertical of Balmer Lawrie by 2030: CMD

Logistics would emerge as the highest revenue-generating business for diversified PSU Balmer Lawrie & Company, a top official said on Thursday. Speaking at a virtual press conference, chairman and managing director of Balmer Lawrie Adhip Nath Palchaudhuri said that by 2030, the logistics vertical would contribute 45 per cent to 50 per cent of the total revenue of the PSU, which is projected to be Rs 6,000 crore. This financial year, the PSU expects to touch a revenue of Rs 3,000 crore, the CMD said. He said the first quarter of the current financial year has been very strong. The ongoing second quarter has been doing well. In the logistics vertical, the company has entered railway logistics with three rakes fully deployed, and Balmer Lawrie has entered into an agreement with SAIL in this regard. Balmer Lawrie has also started a third-party logistics business for which a warehousing facility has been commissioned at Dankuni near the metropolis, which will serve as a hub for the ...

Logistics to be top revenue vertical of Balmer Lawrie by 2030: CMD
Updated On : 25 Sep 2025 | 1:50 PM IST

DTDC Express expects ecom to contribute about 50% of its total business

Logistics and courier services operator DTDC Express is expecting its e-commerce segment to account for around 50 per cent of its overall business as the company bets big on the rapid commerce amid customers looking for quicker deliveries of their orders. The company which officially launched its rapid commerce vertical Raftaar earlier this month to offer deliveries as fast as 4-6 hours time, also plans to set up 125 dark stores in the next three quarters to cater to the customers' expectations, DTDC Express CEO Abhishek Chakraborty told PTI. "Rapid commerce, as we were describing today, is a sweet spot. We know quick commerce is all about minute deliveries, which is very perfect for impulse buys, urgent things, and groceries. "But, I think overall, there is a whole category of products for which both the brands want a faster, but definitely sustainable, cost-effective solution. And that is what DTDC wants to bring to the table, where brands can access the service without having to

DTDC Express expects ecom to contribute about 50% of its total business
Updated On : 31 Aug 2025 | 4:43 PM IST

Express exports to US show 'small dips' after tariff, says EICI CEO

EICI CEO Vijay Kumar discusses the impact of the 25% tariff on Indian express exports to the US, noting small dips

Express exports to US show 'small dips' after tariff, says EICI CEO
Updated On : 19 Aug 2025 | 10:21 PM IST

Adani Ports Q1 profit rises 6.5% on logistics, marine business gains

India's largest port operator reports ₹3,315 crore profit in Q1 FY26 on strong logistics and marine revenues; Gautam Adani re-designated as non-executive chairman

Adani Ports Q1 profit rises 6.5% on logistics, marine business gains
Updated On : 05 Aug 2025 | 11:01 PM IST

Logistics companies gear up to meet festival season demand surge

Prozo, which provides warehousing and fulfilment services, expects shipment to rise by 50 per cent compared to last year

Logistics companies gear up to meet festival season demand surge
Updated On : 29 Jul 2025 | 11:11 PM IST

Exim matters: No substantial changes in new law on bills of lading

The bill of lading, issued by the carriers to the shippers, will continue to be a receipt for goods, evidence of the contract of carriage and a document of title to the goods

Exim matters: No substantial changes in new law on bills of lading
Updated On : 27 Jul 2025 | 11:46 PM IST

Logistics management was deciding factor in success of Op Sindoor: Rajnath

Defence Minister Rajnath Singh on Sunday said logistics management by various agencies was a deciding factor in the success of Operation Sindoor launched by the Indian armed forces in May, targeting terror infrastructure in Pakistan post the Pahalgam attack. Singh was addressing students and faculty members virtually at the 3rd convocation ceremony of Vadodara-based Gati Shakti Vishwavidyalaya, a university under the Ministry of Railways. "The speed at which the world is changing is both impressive and shocking. The defence sector is also transforming, and major changes are being witnessed in the methods of warfare. In today's era, wars are not won by guns and bullets alone, but by their time-bound delivery," the minister said. Singh stressed that the handling of logistics decides a country's fate on the battlefield. Victory and defeat are decided by logistics, and the whole world had witnessed this during Operation Sindoor, he said. "Logistics management was a deciding factor in

Logistics management was deciding factor in success of Op Sindoor: Rajnath
Updated On : 27 Jul 2025 | 4:40 PM IST

Swiggy boosts Instamart supply chain with big warehouse near Mumbai

Swiggy-owned Scootsy Logistics leases 580,000 sq ft at One K Square in Bhiwandi to strengthen Instamart network

Swiggy boosts Instamart supply chain with big warehouse near Mumbai
Updated On : 18 Jul 2025 | 10:22 AM IST

Strengthen shipping ecosystem to cut crisis risks: Commerce dept secy

India needs to strengthen its shipping ecosystem to reduce vulnerability in times of global crises and promote the country's trade, Special Secretary in the Department of Commerce Rajesh Agrawal said on Thursday. He said Indian flag vessels are very limited in number, and this leads to around USD 50 billion of trade deficit that we do have in the services sector solely due to maritime logistics. Calling the situation "unsustainable" as it also makes India "vulnerable", he said countries which have strong control over logistics systems fare better during global disruptions. "We need to focus on how we have a minimum degree of control over the global logistics ecosystem, which is also necessary to support our international trade as we move towards the 2047 Viksit Bharat goal," he said here at CII's export logistics conclave. The country, he said, has limited control over shipping and air cargo spaces. Citing an example, Agrawal said during Covid times, shippings cost went up multipl

Strengthen shipping ecosystem to cut crisis risks: Commerce dept secy
Updated On : 10 Jul 2025 | 11:44 PM IST

No other distribution channel as wide or deep as India Post: Scindia

No other distribution channel in the world is as wide or as deep as India Post, said Union Minister for Communication Jyotiraditya M Scindia on Wednesday. He urged the postal employees to work towards becoming the largest logistics organisation in the world, too. Scindia was addressing the Gramin Dak Sevaks Sammelan at K P Puttana Chetty Town Hall in Bengaluru. "India post has 1.64 lakh points of presence, from Kashmir to Kanyakumari, from Bharuch to Tawang," he added. He said, although the post offices are getting modern tools, like handheld devices and Darpan, postal employees need to change the way they work to bring in the real transformation. "Today, we have the capability of becoming the largest logistics organisation in the world. No one has the human resources to be able to do this apart from us. But we've got to make sure that we are at the cutting edge. Which means we need to innovate. We need to think about productivity," he added.

No other distribution channel as wide or deep as India Post: Scindia
Updated On : 10 Jul 2025 | 1:55 PM IST

Best of BS Opinion: India could face trade and investment challenges

Today's opinion page pieces look at the many challenges India faces, from trade, logistics reforms, AI in governance and a demographic time-bomb

Best of BS Opinion: India could face trade and investment challenges
Updated On : 02 Jul 2025 | 6:15 AM IST