Page 2 - Logistics Sector

Schmitz Cargobull acquires 27.5% stake in India's SZIT for cold chain

European semi-trailer maker Schmitz Cargobull AG acquires 27.5% in Sub Zero Insulation Technologies, expanding its presence in India's growing refrigerated transport sector

Hiring boom likely to bring early festival cheer for gig workers

India's festive season may create up to 200,000 jobs, with quick commerce and logistics driving growth and 26% of gig roles expected to continue post-season

Delhivery delivers in Q1: Stock hits 52-wk high, brokerages raise target

Brokerages remained bullish on Delhivery post Q1FY26 results, with most of them raising earnings estimates and target prices on the back of volume-led growth, improving margins, and positive guidance.

AI adoption helped cut costs and gain new customers, says TVS ILP

Logistics parks operate at full capacity as AI adoption drives operational efficiency, cost reduction and higher customer retention despite global tariff challenges

Delhivery rises 2% as MOFSL initiates coverage with 'Buy'; 18% upside eyed

Delhivery share popped after Motilal Oswal Financial Services (MOFSL) initiated coverage on the company with a 'Buy' rating and a target price of ₹460, implying an 18% upside.

JSW Infra to invest ₹740 cr in developing container berths at Kolkata Port

JSW Infra will develop container berths at Kolkata Port with a ₹740 crore capex, focusing on enhancing handling capacity under a 30-year concession period as part of government's port privatisation

Shadowfax Technologies files confidential DRHP for ₹2,500-crore IPO

In its most recent funding round in February 2025, Shadowfax raised both primary and secondary capital at an approximate valuation of ₹6,000 crore.

What led to 4% rise in Snowman Logistics share price today? more info here

Snowman Logistics shares rose after the company announced the commencement of operations at two newly constructed, state-of-the-art temperature-controlled warehouses located in Kolkata & Krishnapatnam

Logistics startup Porter to expand to 50 cities by 2030: Pranav Goel

In the next five years, we will move from 20 lakh SMEs (small and medium enterprises) who come to the platform every month to servicing more than one crore customers, says Goel

Panattoni India to invest ₹210 cr to build industrial, logistics park in TN

Panattoni India will invest about Rs 210 crore to develop a 25-acre industrial and logistics park at Hosur in Tamil Nadu as part of its expansion plan. This will be the second project for Panattoni in India. It is already developing a project in the Delhi-NCR market. Panattoni India Development Pvt Ltd is a part of the Panattoni Group, one of the largest industrial real estate developers in the world. "Our foray into the Hosur market underscores Panattoni's commitment to strengthening our presence in Tier-1 cities and high-potential warehousing corridors," said Sandeep Chanda, Managing Director, India, Panattoni. He said the total leasable area in this upcoming project will be 5.5 lakh sq ft. "This will be a plug-and-play-like facility. The total project cost to develop this park will be around Rs 210 crore," he told PTI in an interview. The construction work will start in the next few months, and completion is expected in the second quarter of 2026. Asked about the source of .

Aegis Vopak Terminals IPO opens on May 26; check price band, GMP, key dates

Aegis Vopak Terminals has set the price band for its IPO in the range of ₹223 to ₹235 per equity share

GS1 to roll out next-generation barcodes by 2027 to boost transparency

GS1 will replace traditional barcodes with advanced 2D formats by 2027 to enhance supply chain traceability, support recall tracking and integrate with smart technologies

FMCG firms ensure uninterrupted supply, tweak shifts near border areas

FMCG companies adjust factory schedules, push higher stocks and extend credit to distributors in conflict-affected states while ensuring staff safety and compliance

Walmart tells Chinese suppliers to resume shipments amid US trade war

Since the imposition of a 145% tariff on Chinese imports in the US, American logistics firms have reported a sharp decline in container bookings

Delhivery says Ecom Express overlap won't complicate integration or growth

Logistics firm Delhivery expects margin accretion of ₹300 crore over two quarters post-deal

Irwin Anand named CEO of Nimbuspost to drive growth, tech innovation

Logistics tech platform and Xpressbees subsidiary Nimbuspost on Thursday said it has appointed Irwin Anand as its new Chief Executive Officer as part of the leadership transition at the company. Anand, who was till recently the Managing Director for India and APAC at global learning platform Udemy, will focus on accelerating product innovation, enhancing seller success, driving operational excellence, and leading Nimbuspost's strategic expansion into new and existing markets, the company said. In addition, he will spearhead initiatives to strengthen operational capabilities, enhance delivery and fulfilment service, and leverage emerging technologies such as AI, automation, and real-time tracking to further improve service reliability, speed, and efficiency, Nimbuspost said. "Irwin's strategic vision is closely aligned with the company's commitment to building exceptional seller experiences, strengthening technology and data capabilities, and scaling in a thoughtful, resilient, and

Industrial, logistics space leasing up 18% across 24 cities: Savills

Leasing of logistics and industrial spaces rose 18.5 per cent in January-March this year to 160 lakh square feet across 24 cities on better demand, according to Savills India. The leasing of industrial and logistics spaces stood at 135 lakh square feet in the year-ago period across 24 tier I-II-III cities. Real estate consultant Savills India data showed that Tier-I cities accounted for 79 per cent of the leasing activities, while Tier-II and Tier-III cities contributed 21 per cent. Tier- I cities include Ahmedabad, Bengaluru, Chennai, Hyderabad, Kolkata, Mumbai, Delhi-NCR, and Pune. Tier- II and Tier-III cities include Guwahati, Bhubaneshwar, Patna, Hosur, Coimbatore, Rajpura, Lucknow, Jaipur, Nagpur, Surat, Indore, Kochi, Hubli, Vizag, Belgaum and Anantapur. Savills noted that manufacturing segment accounted for 30 per cent of the total absorption of industrial and logistics spaces in January-March 2025, followed by the 3PL (third-party logistics) players at 26 per cent, retail

Why are Delhivery shares outperforming despite market crash? Details here

The rise in the Delhivery share price came after the company announced on April 5 that it had signed a definitive agreement to acquire a controlling stake in Ecom Express for about ₹1,400 crore

Welspun One gets construction loan worth Rs 2.3K crore from Nabfid

The JNPA logistics park, spanning 55 acres, is Welspun One's largest logistics development in India

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