Multiple Openings : Road Express- Mumbai & Bangalore  

Aabhaas Manpower Services, a specialized recruitment consultancy in Logistics Service Industry is hiring for multiple positions:  Area Sales Manager at Vasai (Mumbai): Having 8+ yrs of experience in Sales, New business Development in Road Express Industry.        Assistant Area Manager at South Mumbai: Having 5+ yrs of experience in Sales, New business Development in Road Express Industry.        Territory Sales Manager at Bangalore: Having 2+ yrs of experience in Sales and new business development in Road Express industry.        Sales Manager at Bangalore(Dasanapura Hobli): Having 2+ yrs of experience in Sales and new business development…

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Stellar Value Chain to acquire Innovative Logistics

Anshuman Singh led Stellar Value Chain Solutions is all set to announce its second big acquisition since formation in 2016. Supplychainlog has learnt that the company is in advanced stages of negotiation to buy out Kolkata headquartered Innovative Logistics. There are two versions of the possible size of the deal – while one section claiming to be in know of things has pegged the value of all cash deal at Rs 100 crore, another source underlined that it will be in the range of Rs 125- Rs 140 crore. Stellar…

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Myntra grows its accessories category by 100%

Myntra has reported growing its accessories category by 100% and targets to grow YOY by 200%. Myntra is bullish on the category and keeping in mind the long term prospects of the Accessories category, it has announced its association with premium watch brands like Lacoste, Coach and Hugo Boss as a striking addition to its existing portfolio, making way for consumers to shop for their favorite timepieces from a swanky collection. Daniel Wellington, one of the fastest growing brands globally, a social media phenomenon and the modern American luxury brand Coach,…

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FSC completes Vulcan Express’ acquisition

Future Supply Chain, the logistics arm of Kishore Biyani led Future Group has informed the Bombay Stock Exchange (BSE) that it has completed the acquisition of Snapdeal’s logistics service provider Vulcan Express. “The company has, on February 2, 2018, completed the acquisition and purchased 100 per cent share capital of Vulcan Express Private Ltd, thereby making Vulcan as wholly owned subsidiary of the company,” the company said in a BSE filing. For this acquisition, Future Supply Chain had to shell out Rs 35 crore and it was an all cash deal.…

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JNPT records highest monthly container handling in January

The Jawaharlal Nehru Port Trust (JNPT), handled 4.18 lakh TEUs in January 2018, which is highest ever container traffic handled during a month at JNPT and increase of 13% over the same month last year. Among the four terminals, JNPCT handled 1.12 lakh TEUs, APM’s shared stood at 1.90 lakh TEUs, DP World (comprising NSICT and NSIGT) together handled 1.15 lakh TEUs during the month of January 2018. The total container traffic handled during current Financial Year 2017-18 (Apr 2017 – Jan 2018) is 40.10 Lac TEUs which is 6.91%…

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Bigbasket eyeing for over Rs 2000 crore turnover in 2017-2018

Domestic online grocery major Bigbasket is looking at a topline of over Rs 2000 crore at the end of the current. This would entail a hefty jump of over 50 percent jump in its turnover in comparison to the previous fiscal. “We closed our annual turnover at Rs 1,410 crore for 2016-17 financial year. This year it is going to be about Rs 2,200 crore,” said Hari Menon, founder and chief executive officer of Bigbasket in a recent interaction with the news portal Moneycontrol.  The company is now backed by global…

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DB Schenker fully prepared for PyeongChang Olympics

By the time that athletes from Team Germany and the German Paralympic team start competing for Olympic and Paralympic medals in PyeongChang in South Korea on February 9, the logistics experts at DB Schenker will have completed their sterling preparatory work for the tournaments. This means some 5,000 kilograms of clothes and all manner of sports gear, from little pucks to long racing skis, are ready and waiting on-site whenever needed. DB SCHENKERsportsevents is in charge of shipping all of the equipment necessary for the German House, the meeting point for sports, media, political,…

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