Logistics Industry

Delhivery rises 4% on rolling out 'Delhivery International' for Indian MSME

Around 1 PM, Delhivery shares were trading at day's high level, up 3.96 per cent at ₹412.50. In comparison, BSE Sensex was trading 0.36 per cent lower at 84,795.25 levels.

CPPIB-backed IndoSpace Core adds six logistics parks in India for ₹3,000 cr

The acquisition adds 9 msf of leasable space across major cities and expands IndoSpace Core's portfolio to 22 msf, reinforcing its position in India's industrial and logistics market

India's warehousing sector sees absorption rebound on demand resurgence

Key micro-markets saw an increase in leasing activity, with e-commerce and 3PL players gaining momentum

Uber rides festive surge in India as courier demand hits record high

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

Amazon's automation drive could reshape global logistics and workforce

The company has responded to the news report with a statement that these are projections made by only one division (its robotics division) and they are not necessarily correct

Festive rush propels Skye Air to target 300k drone shipments this October

Drone startup Skye Air expects record festive volumes, partners with Blue Dart, DTDC, Shiprocket, and Ecom Express; plans city-wise expansion to Bengaluru and beyond in 2025

India's logistics cost to reduce to single digit by December: Gadkari

Logistics cost in India will come down to single digit by December this year, helped by rapid expansion of expressways and economic corridors, Union Minister Nitin Gadkari said on Friday. Addressing ASSOCHAM Annual Conference 2025, Gadkari further said a recent report prepared by IIT Chennai, IIT Kanpur and IIM Bangalore has revealed that India's construction of expressways and economic corridors has helped reduce the country's logistics cost to 10 per cent from 16 per cent earlier. "India's logistics cost will come down to 9 per cent by December, which will help India become more competitive. I am sure that 100 per cent it is going to give benefit to our industry, our exports will be more competitive," he said. Logistics cost is 12 per cent in the US, 12 per cent in European countries and 8 to 10 per cent in China. Talking about India's automobile sector, the minister said, "Within five years, our target is to make India's automobile industry the number 1 in the world." "When I t

Target ₹540: Analysts upbeat on Delhivery with 16% upside; top details here

On the bourses around 9:20 am, Delhivery shares were trading 0.33 per cent higher at ₹468.65 per share. In comparison, BSE Sensex was trading 0.12 per cent higher at 81,867.73 levels.

Borzo eyes group-level profitability by FY26, says CEO Alina Kisina

Borzo CEO Alina Kisina said the firm aims for group-level profitability across five markets by March 2026 after turning profitable in India, its largest market, in 2024

Trump tariff impact: Logistics players to realign supply chain network

There can be a realignment to Europe, Southeast Asia, and the Gulf Cooperation Council, as trade routes adjust

Mahindra Logistics to raise up to ₹750 crore through rights issue

Mahindra Logistics, a Mahindra Group company, plans to raise up to ₹750 crore through a rights issue to repay borrowings and for general corporate purposes

CCI clears Kedaara Capital's stake acquisition in logistics firm Porter

The Competition Commission of India (CCI) on Tuesday cleared a proposal by private equity firm Kedaara Capital to acquire a stake in SmartShift Logistics Solutions, the parent company of on-demand logistics-turned-unicorn Porter. Mumbai-based Kedaara Capital is acquiring a stake through its two affiliates Kedaara Sapphire Holding and Kedaara Capital Fund IV AIF in Porter. "CCI approves the acquisition of a certain stake in SmartShift Logistics Solutions Pvt Ltd jointly by Kedaara Sapphire Holding and Kedaara Capital Fund IV AIF," the competition watchdog said in a post on X. Porter is primarily engaged in business activities, including the provision of logistics services, packing and moving services. In May this year, Porter announced that it raised USD 200 million in a Series F funding round co-led by Kedaara Capital and Wellington Management at a valuation of USD 1.2 billion. Meanwhile, Porter's early investors venture capital firm Peak XV Partners (formerly Sequoia Capital Indi

Chhattisgarh govt unveils draft policy to boost logistics and exports

The move will particularly benefit farmers and forest-based producers in resource-rich regions such as Bastar and Surguj

DHL Express top-line is growing at 12% CAGR in India: SVP-South Asia

DHL Express India is growing at 11-12 per cent CAGR and has expanded its Bengaluru airport footprint with a Rs 34 crore investment to handle SME shipment volumes

Blue-collar gig jobs up 92% in 2024, led by last-mile logistics: Report

There has been a 92 per cent year-on-year uptick in gig job or freelance opportunities last year in the blue collar space, as per a report. This reflects a rising dependence on flexible, on-demand labour, driven by the rapid expansion of e-commerce, food delivery, and ride-hailing platforms, said a report by blue and grey-collar recruitment platform WorkIndia. "What we're seeing is the platformisation of ambition. The likes of quick commerce haven't just created demand, they've validated this sector as a reliable source of income. For many candidates, especially in smaller cities, delivery jobs are no longer stopgap roles, they're viable career choices," WorkIndia CEO and Co-Founder Nilesh Dungarwal told PTI. The WorkIndia report is based on an analysis of 4.81 lakh job postings data on the platform in 2023 and 2024. In geographical locations, the report found that cities such as Delhi, Ahmedabad, and Kolkata emerged as key hubs for last-mile logistics jobs, each registering over 1

Adani Ports aims to scale up marine, logistics, agri-logistics arms: CEO

Adani Ports and Special Economic Zone (APSEZ) managing director Karan Adani has said that India's biggest private port operator is focusing on scaling up its marine, logistics and agri-logistics businesses. In an interview with PTI, Adani said that APSEZ, the flagship company of the Adani group, will invest Rs 13,000 crore in Vizhinjam International Seaport in phase 2, which will take this deep-water port's cargo handling capacity from current 1.2 million TEUs (twenty-foot equivalent units) to almost 5 million TEUs by 2028. Prime Minister Narendra Modi on May 2 commissioned the Vizhinjam International Seaport which was completed at an estimated cost of Rs 8,867 crore. "Within APSEZ, we have three big verticals that we are building on -- marine business, logistics business and agri-logistics business," he said. While pointing out that APSEZ is the the largest operator in the country in marine business, Adani said, "the idea now is to keep scaling that (marine business) business up .

Triton Logistics aims to grow turnover to ₹500 crore in 2 to 3 years

Triton Logistics & Maritime is aiming to increase its turnover to Rs 500 crore from the current Rs 150 crore in the next two to three years, its CEO Jitendra Srivastava said on Friday. "Triton is still in a very early stage. Right now, we're touching around Rs 150 crore in turnover. The aim is to scale this up to Rs 500 crore in the next two to three years," the CEO said. The company which specialises in freight forwarding, logistics, and global supply chain management with end-to-end solutions plans to scale up its turnover by investing into a lot of services and solutions, he said. "Our business plan is focused around two main pillars - geography and industry. On one hand, we are looking at which geographies we want to expand into, on the other hand, we are identifying industries where we can deliver tailored solutions," he explained. Apart from that, the company is putting a lot of effort into digitalisation and that's a major area where Triton Logistics & Maritime is ...

GreenLine invests $275 mn in green logistics; Kamath backs with $20 mn

GreenLine Mobility Solutions Ltd, the Essar group venture that operates LNG and electric-powered heavy commercial trucks, announced a USD 275 million equity investment to help deploy over 10,000 LNG and EV trucks as well as set up 100 LNG refuelling stations and EV charging points with a view to accelerate decarbonisation of heavy trucking in India. This includes a USD 20 million investment from Nikhil Kamath, marking a significant boost to India's green logistics transformation, the company said in a statement. GreenLine operates LNG-powered trucks for long-haul transportation and electric vehicles (EVs) for short-haul operations. Its subsidiary Ultra Gas and Energy Ltd is also building a nationwide network of LNG refuelling stations to support its green logistics solutions. "GreenLine aims to decarbonise India's transportation sector, which contributes nearly 15 per cent of the country's total carbon emission," the statement said. "The funding will enable the deployment of over ..

Delhivery to acquire rival Ecom Express for Rs 1,407 crore in all-cash deal

The acquisition will enable Delhivery to service customers of both companies better through investments in infrastructure, technology, network and people, according to the company's CEO

AL Falaah's Commitment to Safety: IIP, UN, and ISO-Certified Dangerous Goods Logistics

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