Page 2 - Logistics

Globe International Q4FY26 profit more than doubles to ₹11.6 crore

Cargo transportation and logistics solutions provider Globe International Carriers Ltd on Saturday said its net profit zoomed over twofold to Rs 11.62 crore in 2025-26 following steady revenue growth and improved operational performance. The company's revenue from operations rose by 11.7 per cent to Rs 174.92 crore in FY26 compared to Rs 156.65 crore in FY25, a statement said. The group's focus on efficiency, execution and business diversification helped deliver resilient results despite a dynamic operating environment, Subhash Agrawal, Managing Director, Globe International Carriers said. In FY26, the group entered the hospitality sector through its subsidiary, Govind Kripa Infratech, which entered into an agreement with OPO Hotels & Resorts to operate and manage a 56-room upscale hotel in Jaipur. The company also launched the first phase of its proprietary AI-driven Smart Procurement & Vehicle Placement Interface, leveraging a WhatsApp-based chatbot ecosystem to automate ...

$360 bn infra push cuts India's logistics cost to 10% of GDP: Report

India's logistics cost has fallen to 10-10.7 per cent of GDP in FY26 from 13-14 per cent a decade ago, generating annual savings of up to $133 billion, says report

Flipkart's India Post tie-up signals a more asset-light logistics strategy

Flipkart's India Post partnership signals a broader shift in logistics strategy as the Walmart-owned e-commerce major looks to deepen reach while balancing costs and profitability

Transport snags at Mundra, Nhava Sheva expose weak links in logistics chain

Cargo disruptions at Nhava Sheva and Mundra expose how driver shortages, fuel scarcity and landside bottlenecks threaten India's trade logistics

Ganga Expressway to cut freight time, unlock ₹30k cr savings on logistics

The newly-opened 594-km Ganga Expressway is expected to significantly reduce freight transit time across Uttar Pradesh, unlock annual logistics savings of up to Rs 30,000 crore and spur industrial and warehousing growth across more than a dozen districts, according to government estimates and industry players. The six-lane expressway, expandable to eight lanes, connects Meerut to Prayagraj through 12 districts, and is being projected as a major logistics and industrial corridor linking western and eastern UP. Industry estimates suggest UP currently handles around 245-260 million tonnes of intra-state freight annually, largely comprising food grains, construction material and retail goods, while outbound freight volumes are estimated at 135-150 million tonnes, driven by electronics, leather and agricultural produce. UP Industrial Development Minister Nand Gopal Gupta told PTI that the expressway would become "a new chapter" in the state's economy by accelerating industrial developmen

Nissin leases 3.85 lakh sq ft warehouse near Ggn for ₹65 lakh rent

Logistics firm Nissin ABC has leased 3.85 lakh sq ft of warehouse space near Gurugram for five years amid rising demand for logistics assets

Amazon opens its supply chain to all: Can Indian logistics firms keep up?

Amazon has opened its logistics network to all businesses, intensifying competition for global and Indian delivery firms and raising questions on pricing, margins, and scale

AI-driven logistics firm Mojro secures $5.5 mn in Series A funding round

The firm will use the capital to accelerate its global expansion and drive product innovation

Amazon India to invest $300 mn to expand logistics, worker benefits

Move supports faster deliveries and AI-led operations under long-term India push

Poor product data, rising returns push up e-commerce logistics costs

E-commerce and quick commerce platforms are using artificial intelligence to improve product data quality, reduce returns, and ease rising logistics costs amid growing customer expectations

APSEZ handles 500 MT cargo in FY26, eyes 1 billion tonnes by 2030

Adani Ports handled 500 million tonnes of cargo in FY26, up 11.1 per cent year-on-year, and reaffirmed its target of reaching 1 billion tonnes by 2030

₹10,000 crore container scheme under appraisal: Sarbananda Sonowal

Government's Rs 10,000 crore container manufacturing scheme is under appraisal, aiming to boost domestic capacity, cut import dependence and strengthen supply chains

Budget 2026: Readying for long-term export gains via resilient logistics

For those operating at the heart of supply chains, the renewed commitment to infrastructure-led growth stands out as one of the most significant aspects of the Budget

Velocity earmarks ₹100 crore to scale its AI-led shipping platform

Velocity has announced a ₹100 crore investment to scale Velocity Shipping, its AI-led logistics platform, with plans to double its team and raise volumes five-fold by CY26

Velocity to invest ₹100 crore over 2 yrs to expand AI-led shipping platform

E-commerce enablement platform Velocity on Monday said it has earmarked Rs 100 crore to scale its logistics business, Velocity Shipping, over the next two years. The investment will be funded entirely through internal cash reserves and revenues from the company's core businesses. Since its launch in 2025, Velocity Shipping (formerly Shipfast) has onboarded over 900 brands. The platform is currently witnessing 70 per cent month-on-month growth in order volumes, according to a company statement, and now contributes nearly 40 per cent of Velocity's overall revenues. The Rs 100 crore investment will be directed toward strategic hiring, product development, and AI-led innovation across the logistics value chain. The company plans to double its shipping team and has already made senior hires to strengthen its last-mile capabilities. Velocity Shipping works with multiple third-party logistics (3PL) partners, including Delhivery, Ekart, Amazon, Blue Dart, Blitz, Pikndel and XpressBees, an

Economic Survey bats for trust-based e-Way Bill system to ease logistics

The survey proposes policy designs relying on trust-based models, such as a "trusted dealer" framework, where taxpayers with strong compliance records face minimal physical checks

The warehouse next door: Land-use reforms and the 10-minute debate

Indian land-use regulations classify dark stores as warehouses and apply highway-side warehouse rules to local, small-scale urban infrastructure

LogiMAT India to boost 15% of Indo-german logistics, investment growth

Platforms like LogiMAT India 2026 can catalyse over 15 per cent or USD 7.5 billion of bilateral logistics and investment growth between India and Germany over the next three years, said German Engineering Federation (VDMA) India Chief. Bilateral trade between India and Germany has crossed the USD 50 billion milestone in 2024-25, underscoring the countries' deepening partnership in logistics, technology, and investment, a statement said. According to the statement, as India and Germany recalibrate their economic and trade engagement, the world's biggest logistics show in India, LogiMAT India 2026, will bring together 43 German companies and leading innovators from across the logistics and supply chain spectrum. "Germany is India's largest trading partner in the European Union, and our logistics and technology partnership is entering a new era. Platforms like LogiMAT India can catalyse over 15 per cent (USD 7.5 billion) of bilateral logistics and investment growth in the next three ..

DP World to build rail-linked inland logistics hub in Madhya Pradesh

DP World will set up a rail-linked inland logistics hub in Madhya Pradesh to connect central India with JNPA, cutting transit time and boosting exports

Bullish on India, eyeing deeper integration of its business: DP World

DP World plans deeper integration of its India business through multimodal logistics and higher-value supply chain solutions, betting on India's rising role in global trade